Subject to regulatory approvals, the transaction is expected to close in the first half of 2023
The tankers will be LNG ready and are being designed to be ready to adapt to new fuels such as ammonia and methanol
In Q3, Agility controlled businesses reported EBITDA of KD47m and revenue of KD256.3m
According to the survey, the other challenges that freight forwarders are currently experiencing include rising and unpredictable freight rates
Amazon employs hundreds of thousands of workers, whose dexterity and intuition currently let them pick and pack items more quickly and more reliably than existing machines
ADIO will provide noon with financial and non-financial incentives to expand operations in Abu Dhabi
The company’s freight forwarding business reported a strong performance, attributable to increased volumes from industrial, retail and SME verticals
The bank aims to provide its services to corporate clients and support a range of landmark infrastructure projects in both countries
The Abu Dhabi-based Hub71 company will continue to scale its services across the region, working with e-commerce retailers and courier companies to enhance the delivery experience
DP World’s plans include replacing its global fleet of assets from diesel to electric, investing in renewable power and exploring alternative fuels
The park will serve international and local customers in the retail, consumer goods, technology, automotive, energy and e-commerce sectors
The Lin-Gang Special Area offers some of the most innovative and forward-looking business policies for both Chinese and international companies beyond normal free zones offerings
Aramex paid an all-cash purchase price of approximately $265m for the acquisition of MyUS, its largest to date
The agreement will focus on the development of integrated services, covering shipping, transport and other logistics operations, to support events organised by the ADNEC Group
The investments are expected to generate more than 1,200 jobs over the next three years
Advances in cloud data storage, artificial intelligence and cellular networks are all collectively driving a more connected experience in transport and logistics
The company launches first services to Southeast Asia, adding vital new trade routes for the UAE
The new milestone surpassed the previous record set in June 2022 by 11,031 TEUs
The deal will be instrumental in supporting the Fasah platform in addition to streamlining operational efficiency and boosting competitiveness at Saudi ports
From reducing the overall amount of packaging used to enhanced delivery schedules that can be fulfilled in lesser trips, logistics companies are taking the sustainability route
Experts from across the region’s logistics and freight sector give us the lowdown on advanced technologies, digitisation, e-commerce and other key trends transforming the sector
The hub will comprise four warehouses with over 80,000m2 of capacity
Canada Cartage currently operates through a network of 33 facilities across Canada and has two business segments, dedicated transportation and logistics
Gulf Business recently visited Amazon’s largest delivery station in Abu Dhabi to get the details
The acquisition strengthens ADNOC L&S’ position as region’s largest shipping and integrated logistics company, growing its total fleet to more than 300 vessels
The MoU will also boost Hayat Biotech’s global logistics and distribution activities through AD Ports Group’s logistics network, which includes its cold and ultra-cold pharma hub based in KIZAD
AD Ports Group will establish its first foreign office in Uzbekistan to support the project
The programme aims to establish more than 30 new startups and create hundreds of job opportunities during the first three years
The joint venture with Enter Engineering Group will include sea, land and rail logistics, warehousing, contract logistics and customs clearance
Warehousing solutions are a core focus within the freezone’s operations