Barloworld Logistics Ramping Up Middle East Ops
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
Blu Logistics Brings Rate Management In-House
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
Descartes Systems Acquires Infodis
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
Port Logistics Acquires Pacific Distribution
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 and Carlile Announce New Appointments
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
Hili, Peterson Create Mediterranean JV
Hili Company, the logistics division of Hili Ventures, has entered into a joint venture agreement with leading international energy logistics company Peterson to provide oil and gas logistics services across the Mediterranean and North Africa. Peterson offers a comprehensive range of safe, reliable and value added logistics solutions to the global energy industry from locations including the Netherlands, North America and the northeast of Scotland.
Shippers’ Voice Seminar, Think Outside the Box
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
CEVA Appoint Two Sr Executive
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
Crowley Adds Houston-Caribbean LCL Service
Starting July 1, Crowley Maritime Corporation will offer weekly, fixed-day, less-than-container-load (LCL) shipping services from Houston to 33 port destinations throughout the Caribbean Basin, the shipper announced today. The new logistics service is designed to enhance supply chain options for those shipping directly into the Caribbean Basin from the West and Gulf Coasts of the U.S., Crowley said. “Customers will be able to drop their cargo in Houston
NYK Establishes Logistics Company for Finished Cars in Kenya
NYK has signed a joint-venture agreement with Bolloré Transport & Logistics Kenya Limited (Bolloré) and Toyota Tsusho Corporation to establish Bolloré NYK Auto Logistics Limited, a logistics company for finished cars. In late August, a signing ceremony was held in Kenya, and attended by Eric Melet, Managing Director of Bolloré, Takashi Hattori, Senior Managing Director of Toyota Tsusho Corp
Gothenburg Port Extends Discount Period for Vessels
Gothenburg Port Authority has opted to keep the Port Tariff unchanged for the third year in succession. The charges for 2018 will thus be on the same level as 2015. Port charges are levied on all vessels that call at the Port of Gothenburg. The charges are based on vessel type and gross tonnage, and are used to finance a range of activities, including fairway maintenance, traffic information and port safety.
UTLC Launches Service from China to Europe
Russia's JSC United Transport and Logistics Company (UTLC) jointly with KTZ-Express launched a new transport product for the delivery of non-hazardous chemical goods in tank containers from China to Europe as part of the regular container service U West (Dostyk-Brest). The first train, consisting of 82 twenty-foot tank containers, loaded with butylene glycol produced by XINJIANG MARKOR CHEMICAL INDUSTRY, departed from Korla Station (China).
Shreyas Takes Delivery of Three Vessels
Indian flagged vessel owning unit of Dubai-headquartered Transworld Group Shreyas Shipping and Logistics (SSL) announced that the company has taken deliveries of its three vessels. In a stock exchange filing the container feeder owning and operating company said that it has taken deliveries of M.V. SSL Ganga (container vessel - 1500 teus), M.V. SSL Brahmaputra (container vessel - 4200 teus) and M.V. SSL Balaji (multipurpose vessel - 650 teus).
Panama Canal Sets Record Annual Cargo Tonnage
Following the close of its 2017 fiscal year (FY17), the Panama Canal announced that the waterway welcomed a record 403.8 million Panama Canal tons (PC/UMS) of cargo in FY17, the largest amount of annual tonnage ever transited in its 103-year history. The 22.2 percent increase from the previous year can be directly attributed to the added capacity provided by the Expanded Canal. According to figures, the Panama Canal transited a total of 13,548 vessels during its FY17, representing a 3
T. Parker Host Snaps up CWT Talent
Virginia-based stevedoring and shipping terminal operator T. Parker Host on Friday said it had hired all the staff from CWT Commodities' U.S. team as part of its drive into metals logistics and warehousing. The team of under ten people has joined Host to form Host Logistics, LLC, based in New York, to run warehousing and stevedoring operations. CWT Commodities USA is a unit of Singaporean logistics firm CWT Ltd.
CNPC, Eni Sign LNG Deal
China National Petroleum Corporation (CNPC) and Italy’s Eni signed a cooperation agreement that includes assessing opportunities in the gas and LNG value chain. "CNPC and Eni signed cooperation agreement today in order to cooperate in oil & gas exploration and production, gas and LNG value chain opportunities, trading and logistics opportunities, refining and petrochemicals. The partnership will regard both China and overseas activities
CMA CGM, Infosys Sign Strategic Partnership
The CMA CGM Group, a world leader in container shipping, has signed a strategic partnership with Infosys, a world leader in consulting, next-generation technology and services. The goal of this seven-year partnership is to simplify and transform CMA CGM's IT applications and improve customer service excellence. As part of this partnership and at the request of CMA CGM, Infosys will open a center for development and innovation in Marseilles
DMA Afloats Ambitious Project Blue INNOship II
Digitalisation and new business models will be in focus of the research and innovation project Blue INNOship II, which was included in the recommendations of the Maritime Strategy Team. A steering group counting participants from Danish Maritime, Danish Shipping, the Danish Metalworkers’ Union, the Danish Maritime Authority, DTU, CBS and Force Technology have – through the Danish Maritime Fund – created the basis for initiating the work through the hiring of a
Maersk Sheds Oil Tanker Division
A.P. Moller-Maersk has agreed a $1.71 billion deal to sell its oil tanker division to its controlling shareholder, who in turn will enter an ownership consortium with Japan's Mitsui & Co. The Danish conglomerate last year embarked on a restructuring to focus on transport and logistics and last month sold its oil and gas business to Total in a $7.45 billion deal. Maersk said it will use the proceeds to reduce debt and that the sale, which it expects to close by next month
DP World to Expand in African Market
DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem has met with Senegalese President Macky Sall as part of a tour of West and North Africa to confirm development of infrastructure projects in the country. The discussions, attended by Prime Minister Mohammed Dionne and senior government officials, confirmed the plan for Port Du Futur with construction to start before the end of 2018 together with agreement on land allocation for the associated freezone.
DP World to Develop Logistics Plan for Mali
DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem, met with the President of Mali, Ibrahim Boubacar Keïta, last week to discuss a trade and logistics master plan to unlock the resource rich country’s economic potential. The plan includes a transportation and logistics strategy with electronic customs processes, replicating DP World’s successful model with Dubai Trade at its flagship Jebel Ali Port and Freezone in Dubai.
Ernst Russ Acquires Ships Financed by ABN AMRO
The Ernst Russ Group has successfully completed another transaction and acquired two container ships with capacities of 2,450 TEU and 2,785 TEU and an average age of just under 12 years. Global Transportation & Logistics provided financing to Ernst Russ. Purchase price for the two container ships is undisclosed. The transaction was structured and carried out by Ernst Russ Maritime Management GmbH & Co. KG as the maritime asset manager of the Ernst Russ Group
Crowley's 24/7 Response to Puerto Rico Crisis is Ongoing
20 Vessels, 6,500 Loads of Cargo will be Offloaded by Week’s End. The Full-Scale Logistics Operation includes 375 Trucks Used to Expedite Deliveries. With employees working around the clock and its vessels calling the Port of San Juan almost daily, Crowley Maritime Corp. said today it will have offloaded by the end of this week more than 6,500 loads of FEMA and commercial cargo from 20 vessels since Hurricane Maria struck the island in late September
Antwerp to Implement “Zero Pellet Loss”
Unique collaboration between industry, logistics and transport to keep plastic out of the environment. Plastics are found everywhere in modern life. The raw materials of which plastic products are made are polymers, usually delivered in the form of small pellets. Antwerp is the main polymer hub in Europe for production, handling and distribution of plastic pellets. Every year, millions of pellets find their way via Antwerp to other hubs in Europe
Inland Marine Insurance: Assuring Property and Goods Move Forward
Though water covers more than 70 percent of the Earth’s surface, businesses engaged in marine shipping operations and logistics, and other businesses that manufacture and ship product still have a lot of ground to cover getting their various goods to their final destinations. The ocean marine insurance market, the oldest insurance market in the world, was initially developed to protect these goods while crossing the ocean’s open waters