Logistics
September 2020

From vaccines to surgical implants, numerous medical and healthcare products are derived from biological sources that make them highly sensitive to fluctuations in temperature, humidity, pressure, light exposure, as well as shock events.






September 2020

Dubai-based global trade enabler DP World has said it has continued to make progress on its strategy of connecting the supply chain despite the effects of the Covid-19 pandemic.






September 2020

The cost of shifting all export-related manufacturing by foreign firms out of China would cost $1 trillion over five years, said the Bank of America (BofA) in a new report.






September 2020

The BMW Group has said that in the future it will be increasing its use of high-performance computer technology, particularly artificial intelligence (AI), in logistics. In a statement, the company said its top priorities include intelligent logistics robots, data analytics and the high-definition simulation of logistics processes.






September 2020

FarEye, a leading logistics SaaS platform for predictive visibility, has announced that it has raised additional $13 million as an extension to its Series D investment led by The Fundamentum Partnership, the growth-capital fund for mid-stage technology companies in India backed by Nandan Nilekani and Sanjeev Aggarwal and KB Global Platform Fund, on






September 2020

Agility, a leading global logistics provider, reported a revenue of KD765.1 million ($2.49 billion) for the first six months, down 1.3 per cent over last year’s figures of KD775 million ($2.52 billion), mainly hit by poor aviation and airport operations amid Covid. For the six-month period ending June 30, Agility said its profit plunged 61.






September 2020

Growing numbers of local and international companies are setting up operations in specially created zones earmarked for industrial and logistics activities within the concession area of Port of Duqm on Oman’s Al Wusta coast, an Oman Observer report said.






September 2020

Bahri, a global leader in logistics and transportation based in Saudi Arabia, has signed a SR1.537 billion ($410 million) agreement with Hyundai Mipo Dockyard (HMD) for 10 chemical tanker new buildings.






September 2020

The second quarter of this year was the highest revenue generating three month period in Bahri’s history, the Saudi shipping group has confirmed. Bahri’s net profit for the second quarter ending June 30 surged 1,569 per cent to reach SR 760.61 million, compared to SR 45.57 million in the same period in 2019.






September 2020

Saudia Cargo has expanded its cargo network with the addition of Shanghai to its flight schedules, which commenced last month.






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