Raymond STERN
Scan Global Logistics appoints former Maersk boss Nils Smedegaard Andersen
Fast-growing forwarder Scan Global Logistics (SGL) has appointed Nils Smedegaard Andersen as its first new board member and chairman of...
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ROAD FREIGHT
Abdel Halim ESSABBAK
May 16, 2023
Etihad Rail, DHL Global Forwarding ink 20-year partnership
The agreement will see the establishment of a joint venture company that will enable DHL to use Etihad Rail’s network to conduct its main...
Abdel Halim ESSABBAK
May 14, 2023
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...
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
Jan 8, 2023
C.H. Robinson Reaches Standstill Agreement With Activist Investor
The pact with Ancora Advisors comes as the freight broker is searching for a new CEO. Logistics heavyweight C.H. Robinson Worldwide Inc....
Raymond STERN
Dec 25, 2022
Relief for shippers as freight costs dip to near pre-pandemic levels
AFTER more than two years of exceptionally high freight rates in a tight capacity market, shippers are finally getting some relief. In...
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 23, 2022
Dubai based Transworld Group enters the Tanker segment
In its latest diversification move with the acquisition of 2 LR tankers. Transworld Group Dubai joins the liquid bulk trade with two Long...
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 17, 2022
Acquisition of Noatum Propels AD Ports Group to Become a Global Logistics Platform
AED 2.5 Billion Strategic Investment also Offers Exposure to Maritime Activities in the Mediterranean Region and Port Facilities in Spain...
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 13, 2022
Broken cranes see China-Europe rail schedules hit the buffers, hard
The China-Europe rail freight network is suffering congestion and delays from two broken cranes on the Kazakhstan border with China....
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
Logistics disruptors: Deepak Chhugani's Nuvocargo, a digital platform for US–Mexico logistics.
In cross-border logistics, inefficiencies and bottlenecks are often the rule, not the exception. This is in large part due to the...
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 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 4, 2022
Truck It In Raises Largest Seed Round Funding in MENAP Trucking Space
Seed round co-led by Global Founders Capital and Fatima Gobi Ventures Pakistan's homegrown logistics tech startup Truck It In has closed...
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 2, 2022
DSV reports record results on higher rates and GIL takeover
DSV reported record revenues and profits last year thanks to higher freight rates and acquistions. The Danish forwarder reported a 57.2%...
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 27, 2022
Optimising road transport with AI-powered retail planning
The future of transport management will be resilient & sustainable, with enhanced recipient services at a lower cost-to-serve, says Tim...
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 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 21, 2022
Einride x GE Appliances | First autonomous electric shipping installation in the U.S.
Einride and GE Appliances, a Haier company, unveil the first autonomous and electric freight installation on U.S. soil. The partnership...
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 4, 2022
K+N targets Africa with network expansion
Freight forwarding giant Kuehne+Nagel (K+N) has expanded its presence in Africa through the addition of several new offices across the...
Raymond STERN
Jan 4, 2022
British Freight Lobby Slams ‘Profiteering’ in Container Shipping
BIFA cites ‘huge market consolidation’ needing investigation Rates for air and ocean freight have more than tripled The British...
Raymond STERN
Sep 22, 2021
DSV inaugurates its largest logistics centre in Africa
DSV has opened a logistics headquarters for its Africa operations in Gauteng in South Africa. Located near OR Tambo International...
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 15, 2021
AGILITY invests in Volta Trucks : €37 million of Series B funding
Tarek Sultan, Agility CEO: ''Volta Trucks and Agility share a vision of a zero-emissions future and a determination to make it happen...
Raymond STERN
Sep 12, 2021
Raymond STERN
Sep 12, 2021
Kout Food Group Opens Distribution Center at Agility Logistics Park in Sulaibiya
Agility & Kout Food Group (KFG) inaugurated KFG’s new distribution center. The distribution center is located at the new Agility...
Raymond STERN
Aug 27, 2021
Menap logistics sector to keep on ‘trucking’
Janardan Dalmia, founder and chief executive of Trukkin, said the UAE, Saudi Arabia and Pakistan are three potential growth markets for...
Raymond STERN
Aug 17, 2021
No plans to sell DB Schenker as DSV rumours resurface
DB Schenker has said there are no current plans to sell the company as rumours of DSV Panalpina’s interest in the Deutsche Bahn-owned...
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