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logistics industry
Latest in logistics industry
Aramex
Aramex cuts customs processing time by 50% with Dubai customs initiative
Initiative helps streamline operations and accelerate supply chain efficiency; Enables goods inspection directly at Aramex warehouses
ADNOC
ADNOC L&S adds 20 offshore assets as 9-month revenues climb to $1.67bn
ADNOC L&S has seen significant growth in 2024 as it added to offshore asset
Global Logistics Services
Global Logistics Forum 2024 in Saudi Arabia sees $4.3bn of deals signed
Global Logistics Forum 2024 in Riyadh, Saudi Arabia saw massive deals and transport and logistics experts from around the world in attendance
E-commerce
UAE set to be at the forefront of impending logistics sector transformation, says industry expert
The surge in e-commerce revenues in UAE and GCC is to shape the future of the logistics industry in the region, with Dubai set to be the main beneficiary
AD Ports Group
AD Ports Group reports 6% rise in net profit, doubling of revenue to AED11.7 bn in 2023
The group’s revenue growth was driven by the Maritime & Shipping, Ports, Logistics, and Digital Clusters, as well as M&A effect
Abu Dhabi
Noatum’s innovative logistics brand makes its debut in the Middle East
Over the next number of weeks, Noatum will embark on a rebranding campaign
AD Ports Group
AD Ports Group announces Noatum’s acquisition of Spain-based APM terminals Castellón
The acquisition is done at an estimated enterprise value of 10 million Euros
Aramex
Aramex positive on Q4 after decline in third-quarter revenue
Despite the decline in revenue, Aramex managed to increase its gross profit by 4 percent year-on-year through proactive measures to boost operational efficiencies and optimize General and Administrative expenses
Airport infrastructure
Saudi Arabia to host roadshows in bid to lure global logistics giants
As part of its Vision 2030, Saudi Arabia wants to raise the amount of freight handled to 4.5 million tons annually
gcc logistics
Logistics: Bringing the GCC and the EU closer together
By building stronger transport connectivity between the GCC and the EU, the logistics industry has created more business opportunities for the local economy on both sides