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DHL
BREAKING NEWS Business Logistics Saudi Arabia UAE

DHL to invest US$574 million in Arabian Gulf logistics expansion

News Editor 2
Renewed focus on specific sectors DHL Group plans to invest US$574 million by 2030 to enhance its logistics infrastructure, service capacity, and delivery efficiency throughout the Arabian Gulf region, primarily encompassing the United Arab Emirates (UAE) and Saudi Arabia. The move is part of the logistics specialist’s Strategy 2030, which aims to respond to global […]
NEWS DESK

Emarat and Oman Transport sign contract to expand Emarat’s fleetwith fuel-efficient trucks, boosting logistics and sustainability

PR News Desk
Emirates Petroleum Company PJSC (Emarat), a pioneer in the UAE’s oil and gas industry, and Oman Transport, a leader in regional logistics and heavy transport services across the Gulf, have signed a contract to reinforce their longstanding partnership, built on operational excellence, trust, and a shared vision for the future of logistics. As part of […]
NEWS DESK

UPS to Acquire Andlauer Healthcare Group for $1.6 Billion, Strengthening its Global Offerings in Complex Healthcare Logistics

PR News Desk
UPS(NYSE: UPS) today announced that it has entered into a definitive agreement to acquire Andlauer Healthcare Group Inc. (TSX: AND) (“AHG”), a leading North American supply chain management company headquartered in Canada and offering customized third-party logistics and specialized cold chain transportation solutions for the healthcare sector. Under the terms of the
NEWS DESK

Gulf Capital Announces Its Full Exit from its oil and gas logistics platform, Kuiper Group, through a Strategic Sale to India-listed Asian Energy Services

PR News Desk
Gulf Capital, one of the largest private equity firms investing from the GCC to the rest of Asia, announced today its full exit from Kuiper Group, in a strategic sale transaction to Asian Energy Services, an Indian company listed on the Bombay Stock Exchange and the National Stock Exchange of India Ltd. The transaction comes […]
World
Business Logistics

DP World posts $20.0 billion revenue for 2024

Arnold Pinto
Big boost from ports and terminals DP World’s revenue increased 9.7% to $20.0 billion, for the year ended December 31, 2024, compared to $18.25 billion in 2023, showcasing a solid performance despite a challenging geopolitical environment, with significant contributions from its ports and terminals and strategic investments boosting its integrated logistics offering.
HPL
Business Logistics

Hellmann acquires full ownership of HPL Apollo

To expand its operational footprint Hellmann Worldwide Logistics has acquired 50 per cent of shares in HPL Apollo, a perishable logistics joint venture previously co-owned with Mercury Aviation. The move signifies Hellmann’s commitment to strengthening its position in the global perishable logistics market and expanding its capability to provide tailored, efficient
November
Logistics

IATA: Global air cargo demand up 8.2% in November 2024

Arnold Pinto
16th month of consecutive growth The International Air Transport Association (IATA) has released data for the global air cargo markets in November 2024, reporting a solid performance. Total demand for air cargo, measured in cargo tonne-kilometres (CTK), rose 8.2% compared to November 2023, marking the 16th consecutive month of growth. International operations contributed a