RAIL-

Adnoc and Etihad Rail to establish Abu Dhabi-Al Dhannah railway services: The distribution arm of the Abu Dhabi National Oil Company (Adnoc) and Etihad Rail have joined forces to establish railway services connecting Abu Dhabi and Al Dhannah, Emirati news agency Wam reports. The two companies will also share knowledge and expertise, Wam said, adding that Adnoc employees will make ample use of the railway line between Abu Dhabi and Dhanna in the future.

LAST MILE-

Logistics R&D company Omnic is investing USD 6 mn to install 2k parcel lockers across Saudi Arabia’s cities, according to a statement. The partnership will create a shared open network of parcel lockers, accessible to multiple stakeholders, focused on logistics providers, including postal services, e-commerce platforms and retail companies. The joint parcel collection sites remove the need for companies to invest into standalone infrastructure, and will also allow customers to receive parcels from a single joint parcel collection site, the statement added.

COMMODITIES-

Russian company to supply 26 mn tons of grain to Iran in 2024-2035: Food Export Trade, a production-export firm based in Russia’s Novosibirsk, will supply Iran with some 26 mns tons of grain from 2024 to 2035 with a potential increase to 55 mn tons, Russian News Agency (Tass) reports. The agreement, inked by Iranian logistics firm Iranian Eurasia Trading and Logistics, “stipulates the joint Russian-Iranian creation of facilities of inland grain and transport-logistics infrastructure in [Iran’s] Sarakhs Special Economic Zone, including with the use of cutting-edge Russian experience and technologies,” Food Export Trade said. The agreement is part of efforts to ensure Iranian and Russian food security, enhance bilateral trade, and contribute to the development of the North-South International Transport Corridor, the company said.

STARTUP WATCH-

Dubai-based Royex Technologies subsidiary Fleeto, a newly launched intelligent fleet management system, has completed its first undisclosed round of investment from private investors, according to a press release. Fleeto has partnered with Netherlands-based mapping company TomTom to provide mapping services for its users, and with Lithuanian-based GPS hardware company Teltonika to allow Fleeto to offer real-time vehicle data. Fleeto did not respond to Enterprise Logistics’ requests for details ahead of dispatch time.

About Fleeto: The fleet management software arm aims to provide end-to-end solutions tailored to various user segments including car rental agencies, fleet management companies, school transport services, and other transport providers, according to the release.

ALSO WORTH KNOWING-

  • The board of the GCC Customs Union convened in Riyadh to discuss the results of ministerial meetings and to follow up on the implementation of the union's decisions. (BNA)
  • Managing Director and CEO of Abu Dhabi Ports Group Mohamed Juma Al Shamisi met with Kazakhstani President Kassym-Jomart Tokayev to discuss cooperating to develop Kazakhstan’s Aktau and Kuryk ports. (Statement)
  • A delegation of Saudi Ports Authority (Mawani) led by Mawani President Omar Hariri visited Belgium's Port of Antwerp-Bruges to discuss increasing operational efficiency of ports, digital transformation and the port’s competitiveness. (Statement)
  • DP World launched a rail freight service from Hazira to India’s north capital region, including . The service assures door-to-door delivery within 72 hours. (Transport and Logistics News India)
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