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AFC + Morocco ink agreement to finance transport, infrastructure projects. PLUS: News from Unilever, AJEX, Nouvelair, Noon Food
LAST MILE- Unilever Arabia is the first company to roll out an EV as part of its last-mile delivery fleet…
Agility’s logistics park in Mozambique signs new facility agreement + Talabat, Khalifa Fund to support SMEs. PLUS: CMA CGM’s air cargo line is redeploying aircraft to MENA
PARKS- Oceana Distribution to open new facility in Mozambique’s Agility Logistics Park:Mozambique food distributor Oceana Distribution Lda has chosen Agility…
US ports are suffering from an import “hangover” + Alibaba spins off cloud division
US ports are experiencing a “hangover” from the shipping surge in 2021 + 2022: Seaports in the US are facing…
Eurozone trade balance jumps to surplus in 1Q 2023 on the back of higher exports + J&T Express acquires SF Express subsidiary
The eurozone’s unadjusted trade balance saw an 8.5% jump in exports in 1Q 2023, alongside flat import growth, according to…
Slowbalization trend signals subdued growth in global trade. PLUS: The latest on diesel-powered trucking, B2B logistics startups, COSCO and Amazon
The worst of the global trade slowdown is likely over, but a rapid recovery is not expected, Bloombergreports. Five of…
CJ Logistics is building the first e-commerce logistics facility in Saudi
The facility will have the capacity to handle 15k boxes a day
Shopify to sell delivery divisions + Afghanistan could get USD 1 bn in investments from China’s Belt and Road Initiative
Canada’sShopify to sell off its logistics businesses as part of a restructuring: E-commerce platform Shopify will sell off its logistics…
Emirati B2B e-commerce platform Eighty6 raises USD 3.7 mn seed round
The funds will go towards expanding operations in the UAE and Saudi Arabia, as well as its launch in Kuwait
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