Aramex and Abu Dhabi Ports set up joint venture focused on freight forwarding
Aramex, the Middle East’s biggest listed courier company, has signed an agreement with Abu Dhabi Ports Group to set up a joint venture to...
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Raymond STERN
Feb 20, 2023
Supply-Chain Headaches Ease for Many Companies
Some retailers and manufacturers expect fewer disruptions and lower freight rates this year. Supply-chain snarls are fading from among...
Raymond STERN
Feb 12, 2023
There’s a new inflation warning for consumers coming from the supply chain
Warehouses and distribution centers are pushing rates higher, with U.S. storage prices up 1.4% month-over-month and nearly 11%...
Raymond STERN
Nov 25, 2022
Muscat – Asyad Group, Oman’s global integrated logistics service provider, signed a memorandum of un
Muscat – Asyad Group, Oman’s global integrated logistics service provider, signed a memorandum of understanding (MoU) with Tanzania Post...
Raymond STERN
Nov 23, 2022
Maersk adds Khazaen Dry Port to its global network of port calls
The agreement enables Maersk to offer customers seamless access to global markets, as well as enhanced time-and cost-efficient land...
Raymond STERN
Nov 22, 2022
K+N takes two 747-8Fs as other forwarders wind down airfreight capacity
Kuehne + Nagel has received the first of its two own-liveried, Atlas Air-operated 747-8Fs, just as other forwarders cut their own...
Raymond STERN
Nov 18, 2022
Saudia Cargo and Liege Airport sign a commercial partnership until 2023
Saudia Cargo will increase flights to and from the Belgian airport Saudia Cargo has signed a commercial agreement with Liege Airport that...
Raymond STERN
Nov 18, 2022
DHL to open new office in Sohar Freezone
DHL, the leading international provider of air, ocean, and road freight services has announced the opening of a new office in Sohar...
Raymond STERN
Nov 13, 2022
GoFreight raises $23M to become the “Shopify of freight forwarding”
Unicorn Flexport is revolutionizing the world of logistics, serving as a freight forwarder with software that enables customers to manage...
Raymond STERN
Nov 10, 2022
C.H. Robinson cuts jobs as logistics markets cool
Logistics company C.H. Robinson Worldwide Inc. (NYSE: CHRW) has laid off about 650 workers in the past week, signaling slower demand for...
Raymond STERN
Nov 7, 2022
UK freight association develops programme to attract recruits from other industry sectors
The British International Freight Association (BIFA) has launched a programme called ‘Freight Development Pathway’ in partnership with...
Raymond STERN
Nov 1, 2022
Amazon targets freight forwarding with Global Logistics offering
Amazon is looking to ramp up its freight forwarding business as the e-commerce giant continues to expand its supply chain offering....
Raymond STERN
Oct 27, 2022
Shipping rates are no longer plunging. Is ‘new normal’ near?
Drewry trans-Pacific indexes down just 3% this week, FBX indexes flattening Ocean shipping spot rate indexes are still falling. But after...
Raymond STERN
Oct 12, 2022
Dubai South Unveils Opening of DB Schenker’s Third Mega Logistics Facility
Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, has announced that DB Schenker...
Raymond STERN
Oct 10, 2022
Shipsy demonstrates the impact of AI, ML & automation on global supply chains
At GITEX GLOBAL 2022, Shipsy, a leading global SaaS-based smart logistics management platform, is showcasing how supply chain leaders...
Raymond STERN
Sep 11, 2022
Scan Global Logistics opens in Abu Dhabi, its second office in the UAE in less than a year
On 1 September, only seven months after opening its first wholly owned operation in Dubai in the United Arab Emirates (UAE), the global...
Raymond STERN
Aug 17, 2022
Sharjah's electric sky pods to transport shipping containers and boost UAE's green drive
A shipping container terminal is the latest addition to a Sharjah test centre that aims to take mass transport to the skies with an...
Raymond STERN
Aug 11, 2022
Logistics Giant DSV Targets U.S. in Renewed Acquisition Drive
CEO Jens Bjørn Andersen has built the freight forwarder into a global heavyweight, but says more consolidation is likely in the highly...
Raymond STERN
Feb 21, 2022
Expeditors International Shuts Down Computer Systems After Cyberattack
The logistics giant hasn’t said when it will fully restore operations. Seattle-based logistics giant Expeditors International of...
Raymond STERN
Feb 19, 2022
Maersk announces it is set to acquire Pilot Freight Services
Maersk officials said that the purchase price is $1.68 billion (USD), adding that the acquisition is subject to regulatory review and...
Raymond STERN
Feb 17, 2022
IKEA, Epicor & the supply chain crises impact on furniture
IKEA & Epicor say the fallout of the global shipping and supply chain crisis has serious consequences for furniture retailers &...
Raymond STERN
Feb 11, 2022
10 Biggest Logistics Companies In MENA
Logistics companies are also key enablers, moving goods and services across the globe. Many MENA countries are developing their ports...
Raymond STERN
Feb 11, 2022
Top 10: EMEA logistics firms, Kuehne+Nagel, DHL, UPS feature
Kuehne+Nagel, DHL, UPS and DSV head list of top sea, air and road logistics and warehousing companies operating in Europe, Africa and the...
Raymond STERN
Feb 10, 2022
Aramex fourth-quarter net profit slides on rising costs
Full-year revenue jumped 10 per cent to a record $1.65bn despite pandemic headwinds. Aramex, the Middle East’s biggest courier company,...
Raymond STERN
Feb 10, 2022
Aramex profits plunge as it takes on costs and expands forwarding business
Aramex must be one of the few, if not the only, logistics company to see profits fall significantly last year, as it bore costs in a bid...
Raymond STERN
Feb 10, 2022
The Evolution of Parcel Shipping 2022
The intelligent delivery management platform providing holistic delivery solutions for carriers, shippers and end customers, Logistics...
Raymond STERN
Feb 9, 2022
Microsoft & McKinsey: AI can solve supply chain disruption
Microsoft leveraging AI firms' know-how for supply chain agility, while SMEs collaborate on haulage, sea freight, to ease global logistic...
Raymond STERN
Feb 3, 2022
Saudi Riyad REIT invests $62mln in US logistics portfolio
The investment is expected to generate an average annual yield of 7.5% Saudi Arabia's Riyad Capital said its fund, Riyad REIT, has...
Raymond STERN
Feb 3, 2022
Abu Dhabi Ports acquires stakes in Aramex, National Marine Dredging Company
AD Ports now holds a 22.32% stake in Aramex and a 10% stake in NMDC as it seeks industry collaboration Abu Dhabi Ports Group has...
Raymond STERN
Feb 1, 2022
Amadou Diallo, CEO of DHL Global Forwarding Middle East & Africa, at Breakbulk Middle East 2022.
We caught up with Amadou Diallo, CEO of DHL Global Forwarding Middle East & Africa, at Breakbulk Middle East 2022 to discuss one of this...
Raymond STERN
Jan 28, 2022
Fabrice Panza, Manager Global Cool Chain solutions, Etihad Cargo, on Air Cargo Community Cooperation
Mr Panza illustrated what happened over the last 18 months when the passenger side of operations completely tanked but a positive...
Raymond STERN
Jan 27, 2022
PwC joins the Fast Forward Challenge to support start-ups and promote innovation in logistics
PwC will be offering participating start-ups the necessary mentorship and guidance to enhance their pitches, further develop their...
Raymond STERN
Jan 26, 2022
The top 5 supply chain and logistics trends for 2022
The challenges of the pandemic have brought the concept of digital transformation to the fore in the past 2 years. Manufacturers have...
Raymond STERN
Jan 22, 2022
Israel Pavilion at Expo 2020 to host a 3-day transport event
The event will be attended by C-level executives of transport companies and authorities from Israel and the UAE. Smart transportation,...
Raymond STERN
Jan 5, 2022
Supply Chain Disruption: A crisis yes, but an opportunity too
We’re in a perfect storm with the global supply chain—and 2022 is shaping up to be even more challenging. We’re in a perfect storm with...
Raymond STERN
Jan 5, 2022
DP World, the Government of Senegal lay the cornerstone of Port Ndayane
The venture marks DP World’s largest investment in Africa and the largest single private investment in the history of Senegal. The...
Raymond STERN
Nov 30, 2021
TikTok Parent Eyes Middle East E-Commerce Opportunity With Logistics Investment
ByteDance Ltd has invested in Dubai-based iMile Delivery as part of the first major fundraising by the courier startup that services...
Raymond STERN
Oct 25, 2021
GeoPost/DPDgroup increases its stake in Aramex to 24.9%
GeoPost/DPDgroup, a subsidiary of the Groupe La Poste, increased its stake in Aramex to 24.9%, following the purchase of shares in the...
Raymond STERN
Sep 23, 2021
Nike Call Shows How Complicated and Messy Logistics Have Become
After spending a few minutes talking about triumphs at the Olympics, buzzy sneaker drops and a headquarters tour with LeBron James, Nike...
Raymond STERN
Sep 19, 2021
Agility Chairperson Henadi Al-Saleh speaks about digital transformation at Agility (AR)
Agility Chairperson Henadi Al-Saleh spoke at a panel during the launch of the Sahel application. The Sahel application, launched by the...
Raymond STERN
Sep 12, 2021
Raymond STERN
Sep 11, 2021
Aramex confirms in talks to buy Turkish delivery company MNG Kargo
Dubai-listed Aramex (ARMX.DU), partly owned by Abu Dhabi state investor ADQ, said on Sunday it is in talks to buy Turkish delivery...
Raymond STERN
Aug 31, 2021
Amazon relaunches souq.com as amazon.eg
Amazon announced Wednesday re-launching Souq.com as Amazon.eg, a dedicated online store for customers in Egypt. It clarified that the...
Raymond STERN
Aug 31, 2021
First GEODIS Aircraft is Taking Off
GEODIS upgrades its AirDirect services between Europe, the United States and Asia with its own leased A330-300 full freighter aircraft....
Raymond STERN
Aug 22, 2021
Geodis Launches US D2C Fulfilment for E-commerce Brands
Geodis eLogistics is a new service offer emerging D2C brands flexible and affordable inventory storage and e-commerce fulfilment Geodis...
Raymond STERN
Aug 15, 2021
Why Are West Coast Ports Suffering From Congestion?
John Martin, president of Martin Associates, explains the factors behind persistent cargo congestion at West Coast ports, and the...
Raymond STERN
Aug 13, 2021
Top 25 cargo airlines: Freighter operators to the fore
FedEx, UPS and Qatar were last year the largest air cargo carriers once again, but there were major winners and losers in the overall top...
Raymond STERN
Aug 12, 2021
DHL to stick with an opportunistic approach to acquisitions
Deutsche Post (DP) DHL will maintain an opportunistic approach to freight forwarding acquisitions despite the spate of takeovers recently...
Raymond STERN
Aug 11, 2021
Automated e-commerce distribution center for DSV
The overall solution not only allowed for the existing operation to continue, it also enabled the e-commerce capacity growth that DSV...
Raymond STERN
Aug 11, 2021
Etihad Cargo revenues offset “dip” in passenger in H1 2021
Etihad Airways’s half-year cargo revenues offset a “dip” in passenger operations, as it continues to make a “progressive recovery” in the...
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