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Global logistics and parcel powerhouse DHL Group will invest more than $571 million on infrastructure, vehicles and product offerings in Gulf Arab states through 2030 , pushing for more business in a region experiencing significant trade growth, the company announced Wednesday. billion in healthcare logistics over five years.
The political upheaval in Bangladesh has caused logistics disruptions since early June, but the resignation of the Prime Minister on Sunday has the army escalating steps to restore calm after fierce clashes of protesters with police. In air cargo, Freightos Air Index rates from China to the US slid 12% in the last few weeks.
The report attributes this rapid expansion to a confluence of factors, including increased demand for perishable food and pharmaceutical products, government investments in food security and public health, and widespread adoption of cold chain technologies like IoT and AI across logistics networks.
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In this list, we cast light on the Middle East's foremost cargo ports, based on their cargo storage and handling capacity and overall contribution to the global supply chain operations.
Despite a recent increase in US Customs scrutiny of e-commerce imports, air cargo volumes have remained strong. Air cargo rates out of S. Freight news travels faster than cargo Get industry-leading insights in your inbox. Freight news travels faster than cargo Get industry-leading insights in your inbox. kg to Europe.
The cargo drone airline secured $40 million from Abu Dhabi's (SDF), multiple venture capital funds, and angel investors from 12 countries in pre-Series A funding.
In air cargo, a severe storm caused flooding in Dubai that led to a 24-hour closure of the airport last week and 300 canceled flights, though operations were expected to recover quickly. Freight news travels faster than cargo Get industry-leading insights in your inbox. Ocean rates beyond the Middle East and S.
Qatar failing to keep its climate pledge for the 2022 World Cup Before the start of the 2022 FIFA World Cup, Qatar pledged to make this the first carbon neutral…
s logistics hubs and transport goods in and out of consumer markets in UAE and Saudi Arabia, through SOHAR.' The Oman leg of the GCC railway will connect the Gulf state?s
Executives in a new survey, 2018 Agility Emerging Markets Logistics Index, are divided about whether a new pact would help Mexico (24.3%); hurt Mexico (21.8%); or leave trade unchanged (25.7%). 3 UAE in the Index, a broad gauge of emerging markets’ competitiveness. UAE, Qatar, Oman and Bahrain outpaced all other countries.
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