Middle East contract logistics market to sustain 6.9 percent average growth to reach over USD 3.7 billion in 2015; Barloworld Logistics intensifies growth plans in Middle East, anchored on integrated smart supply chain solutions. Barloworld Logistics, a provider of logistics and supply chain management solutions, has announced that it is intensifying its growth plans in the Middle East as the region’s contract logistics services market expects to sustain a 6.9 per cent compound annual growth rate (CAGR) from 2011 to 2015, according to a study by Transport Intelligence. The UAE, Qatar and the Kingdom of Saudi Arabia will remain key growth catalysts for the contract logistics market in the Middle East, which is expected to reach a value of around USD 3.7 billion in 2015, increasing from USD 3 billion in 2011. Barloworld Logistics predicts that market conditions will continue to improve in light of the projected positive growth rates for the region. This growth is compounded by the growing awareness of the strategic benefits of outsourced logistics solutions such as substantial cost savings, decreased cycle times, improved product and service quality, and enhanced customer satisfaction, which are acting as multipliers to the expected economic growth. The company will focus on delivering integrated smart supply chain solutions in the region
CargoSphere, cloud-based global rate management solution and confidential Rate Mesh network for the ocean and air transportation and logistics industries, has announced the completion of Blu Logistics’ integration with CargoSphere’s freight rate management solution. Blu Logistics, a global logistics company offering sea and air freight services, customs brokerage, ground transportation, and warehousing, previously outsourced freight rate and contract management
One of the conclusions of the Shippers’ Voice seminar discussing Portcentric Logistics Solutions at the Multimodal 2009 exhibition was that now maybe even the best time for shippers to reassess their logistics patterns and structure. Nick Lindsay, General Manager LM Logistics Group, told delegates that “this is the time to think as far outside the box as you want and you’ll find the solution.” His Felixstowe-based company, originally built on container haulage
Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), the global leader in uniting logistics-intensive businesses in commerce, acquired Infodis B.V., a Netherlands-based provider of software-as-a-service (SaaS) transportation management solutions. Infodis provides a rich, functional transportation management network-based solution that handles specific European logistics requirements. The solution manages both inbound and outbound purchased transportation for more than 5 million shipments
Acquisition of Seattle-based warehousing and transportation provider adds Northwest Gateway to Port Logistics Group's national footprint. Port Logistics Group , a provider of gateway logistics services, today announced that it has completed the acquisition of Pacific Distribution Services, a regional warehousing and transportation provider serving the ports of Seattle and Tacoma. The acquisition adds 600
TOTE Logistics Inc. parent company of Carlile Transportation Systems announced several new company positions. John Armstrong – Carlile, Vice President, Logistics John Armstrong has accepted the Vice President, Logistics position for Carlile Transportation Systems, Inc. John joins Carlile from sister company Alta Logistics, where he was the Director of Logistics. John has leadership, operations and logistical supply chain management experience
Rio de Janeiro, 26 September 2011 – GAC is strengthening its logistics and oil & gas services in Latin America, with the announcement of two new appointments at GAC Brazil. With effect from 1 October, 2011, Monica Chaves is appointed as Oil & Gas and Logistics Manager based in Rio de Janeiro. Monica will drive overall logistics sales and expand product portfolios further to better penetrate the region’s oil & gas sector
CEVA Logistics, one of the world’s leading global supply chain management companies, today announced the official opening of the City of Energy in the United Arab Emirates. The hub, which covers an area of 27,000 sqm of warehouse space and 10,000 sqm of yard space, is strategically located in Jebel Ali Free Zone in Dubai and is fully dedicated to the warehousing and handling of oil and gas products for the Energy sector.
Hoofddorp, the Netherlands, 27 April, 2015 – CEVA Logistics, one of the world's leading supply chain companies, today announced the appointment of two senior executives with deep sector-specific operations expertise to further drive its customer-focused Contract Logistics strategy. In its Contract Logistics business line, CEVA has established an industry sector and solutions approach led by industry operations experts in Automotive, Industrial, Technology, Consumer and Retail
American corporation XPO Logistics, led by multi-millionaire Bradley Jacobs, agreed to acquire French transport services and global logistics solutions provider Norbert Dentressangle, led by multi-millionaire Norbert Dentressangle, for US$3.53 billion including debt, according to Bloomberg. Dentressangle will sell the 67 percent of his family’s ownership in the company for €217.50 (US$240.58) per share
Intermarine, LLC, a transporter of project, breakbulk and heavylift cargo, announced it has opened an office in Quito, Ecuador. The new office will operate in partnership with agent Tradinter as part of the company’s Americas division to provide pricing
Damen Shipyards Group has delivered a Damen Fast Crew Supplier (FCS) 2610 workboat, named AOS SWIFT for the Atlantic Maritime Group on 20 August 2015. This is the first Damen Twin Axe vessel to be used in the Middle East for safe passenger and crew transfer as well as for the transport of
The Russian Joint Venture between Rosneft, Sberbank Investments and Pietro Barbaro S.p.A. closed the acquisition of the Pietro Barbaro Group shipping assets in the Russian Federation (100% share of Prime Shipping group of companies). Prime Shipping is one of the leaders of the Russian
Safety equipment manufacturer VIKING Life-Saving Equipment said its Offshore Safety Agreements are providing relief for offshore operators seeking to ensure compliance for their safety equipment with minimal in-house administrative overheads in a new, cost-focused paradigm.
Marine terminal operator DP World, UAE Region, has reached an agreement with an affiliate of The Dow Chemical Company based in Jebel Ali to support the distribution of Dow‘s products. The contract was signed recently by Mohammed Al Muallem
A group lead by Brookfield Infrastructure Partners, a global asset manager, had reached an agreement to buy the Australian port and railroad operator Asciano for about $8.8 billion in cash and stock, and that it was shopping for ports farther afield in a push to expand, reports NY Times.
Inchcape Shipping Services (ISS) has been appointed by Paragon Offshore, Houston, as marine and logistic services provider for a new drilling campaign off the Songo Songo Islands, Tanzania – the first new commercial drilling project in Tanzania in a number of years.
The International Bunker Industry Association (IBIA) will be holding a forum entitled: ‘Bunkering with new fuels – Building on strong foundations’ as part of London International Shipping Week, on Wednesday 9 September.
Commodity trader Trafigura said its logistics and warehouse unit Impala Terminals has scrapped plans for a metals warehousing joint venture in China and will also exit its refined base metals business. Trafigura had announced a joint venture last October with Citics Global Trade
APM Terminals Pipavav (Gujarat Pipavav Port Ltd) and NYK Auto Logistics (India) today announced the commencement of RORO operations at Pipavav Port. Ford Motors India Pvt Ltd dispatched the first lot of its new Ford FIGO built in its Sanand plant in Gujarat for exports.
Container Freight Station Association of India (CFSAI) has set up a full-fledged Secretariat and moved to its new office at “Anchorage Building” in Dronagiri Node on 26th August 2015. Mr. Sanjeev Behari, IRS, Chief Commissioner of Customs
France's Bollore-led consortium has been awarded the contract to develop and operate a container terminal in Cameroon's deep-water port of Kribi, says a report in Reuters. Bollore's consortium included France's CMA CGM, the world's third-largest container shipper.
LUKOIL Marine Lubricants informs it has opened a new warehouse in Gothenburg. The marine lubricants supplier said it constantly strives to expand its global supply network, adding that the new site will enable reduced lead time and increased flexibility when delivering lubricants to
In the second quarter, CMA CGM demonstrated the strength of its business model by significantly outperforming the market, despite a sharp fall in freight rates and industry overcapacity: * Volumes carried during the second quarter increased by 6.2% year-on-year, to 3
The consortium formed by CMA CGM, Bolloré and CHEC won the bid process initiated by the Cameroonian government Following the bidding procedure initiated by the Cameroonian government, the consortium formed by the French companies - CMA CGM and Bolloré - and the Chinese CHEC (China