Logistics
September 1, 2018

As the GCC countries pursue economic diversification and sustainable growth plans, the need to digitise the freight transportation and logistics industry (T&L) is becoming increasingly important, according to a recent report.






September 1, 2018

DUBAI-based Gulf Navigation Holding has reported a loss of Dh14.761 million ($4.01 million) for the first half of 2018, compared to profits of Dh19.029 million ($5.18 million) during the same period last year.






September 1, 2018

Dubai-based global marine terminal operator DP World has acquired Danish logistics company Unifeeder for $762.8 million from Nordic Capital Fund VIII and certain minority shareholders. Founded in 1977, Unifeeder operates the largest container feeder in Europe.






September 1, 2018

GERMANY-based Thyssenkrupp Schulte is strengthening its sales and logistics site in Frankfurt for carbon steel, stainless steel as well as nonferrous metals and expanding its reach beyond the region. Among other things the company is investing in the expansion of the high-bay warehouse and processing equipment at the site.






September 1, 2018

The Lifting Equipment Engineers Association (LEEA) continued its programme to reach out to end user markets when Ross Moloney, LEEA CEO visited Kevin Richardson, chief executive of the Chartered Institute of Logistics & Transport (CILT) at the latter’s office in Corby, UK.






September 1, 2018

For the first time in two years, air cargo’s worldwide volume growth stagnated as the year-on-year (YoY) increase for the month of June was a mere 0.4 per cent, said a report. The first half of 2018 brought an overall YoY growth of 3.






September 1, 2018

Gulftainer, the world’s largest privately owned independent port operator based in the UAE, is planning  to construct the Saja’a Permanent Access Road.






September 1, 2018

Honeywell, a global software-industrial company, has launched a new rugged handheld computer device in the Middle East that enables workers in the distribution and logistics, and field mobility fields to use it in demanding environment for quick data handling and input.






September 1, 2018

UAE-based Al Sharqi Shipping, a leading logistics service provider in the region, was recently honoured with Maersk’s Platinum award for the year 2017. This marked their sixth consecutive award with Maersk line.






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