by Stuart Todd Jan 18, 2024
DB Schenker: Biggest takeover of a logistics group so far this century
The upcoming sale of German state-owned DB Schenker is big news — $13 to $16 billion — worth is the estimated sales value of the company. But who will buy this giant logistics enterprise and at what price? These are big questions that loom for not only Schenker’s but the entire logistics industry...
Trucknet sets up a Gulf-Israel/Egypt land bridge
Trucknet’s landbridge operation bypasses the troubled Red Sea pinch point...
European road freight’s decarbonization challenge
Road freight must almost entirely decarbonize by 2050 and this enormous challenge is made even more daunting given that demand for truck services is expected to triple over the same timeframe.
Red Sea attacks herald fresh period of uncertainty for supply chains
An escalation in drone and missile strikes on maritime shipping passing through the Bab al-Mandab Strait at the southern mouth of the Red Sea has heralded a fresh period of uncertainty for global supply chains and left shippers on...
Cathay Pacific Cargo recovery buoyed by e-commerce
Tom Owen, director of Cathay Cargo, says they are building cargo capacity as the sector builds behind e-commerce demand.
DP World has “Robust Presence” in Saudi Arabia
Dubai-backed port logistics operator DP World, has, in its own words, “a robust presence” in Saudi Arabia, having managed and operated the South Container Terminal at Jeddah (JIP), the largest port in KSA, since 1999.
Saudi Arabia’s “Vision 2030” program designed to build global logistics hub
Saudi Arabia’s National Transport and Logistics Strategy (NTLS) in investing big into developing the nation’s logistics infrastructure.
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