International transportation and freight forwarding specialist Dimerco delivered high-density cargo from China to Morocco four days ahead of deadline, by implementing changes to the planned transportation mode in response to COVID-driven delays at Ningbo Port.
• With capacity for 120 million vials and essential medical equipment and pharmaceuticals, Rafed’s state-of-the-art cool chain storage facility continues to play vital role in the UAE’s immunization initiatives
Bloomberg | April 27, 2021 | International Trade | Commodity | Logistics
U.S. companies face soaring bills for all kinds of materials that they need to do business -- and surging demand is helping them pass on those higher costs to their customers.In early-season earnings calls, executives from burrito chain Chipotle Mexican Grill Inc. to appliance giant Whirlpool Corp. and diaper maker Procter & Gamble Co. have outlined price hikes, largely in response to rising materials costs. Their comments back up the data that show inflationary pressures building in the economy as the pandemic recovery gains speed.
Two years after the acquisition of Swiss-based Panalpina, the Danish transport and logistics company is once again announcing a large acquisition: Agility Global Integrated Logistics (GIL). M&A is a well-known part of DSV Panalpina’s long-term strategy and the company has demonstrated its ability many times in both acquiring and successfully integrating companies with similar business models as DSV Panalpina. The value of the GIL acquisition is USD 4.2 billion (DKK 26 billion).
ZIM Integrated Shipping Services Ltd., a global container liner shipping company, announced today the establishment of ZIMARK, a technology-based company formed in collaboration with the Israeli startup Sodyo Ltd., to provide next generation scanning solutions for the logistics and supply chain sectors. In addition to the joint venture with Sodyo in the establishment of ZIMARK, ZIM will also make a direct equity investment in Sodyo.