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TODAY: Aviation disruptions increase as Palestine-Israel war + A new bridge for Iran, Azerbaijan will begin operating in two months

Good morning, ladies and gentlemen. The news cycle is largely being dominated by the ongoing violence in the region, with the market and logistics-related ripple effect beginning to form. THE BIG LOGISTICS STORY- The war erupting between Palestine and Israel is beginning to have logistics-related repercussions, including flight suspensions and air travel warnings. Meanwhile, the […]

Posted inLogistics in the News

As pandemic disruptions wane, Morocco’s export-heavy textiles make a comeback. Plus: Global trade is looking like a mixed bag + FedEx, UPS offer markdowns ahead of holiday season

Morocco’s export-oriented textiles sector making a com eback, putting behind pandemic-related disruptions: 2022 saw Morocco’s textile exports exceed USD 4.25 bn, an all-time record and one fifth higher than the previous year’s figures, the Financial Times (FT) reported. Most of these exports went to Europe, with the country now standing as the region’s eighth largest […]

Posted inAlso on Our Radar

AD Ports gets Egypt House sign-off on Safaga concession + Zajel sets up new freight forwarding department

PORTS- AD Ports one step closer to Safaga: The Egyptian parliament’s Transport Committee approved a draft bill allowing Egypt’s Transport Ministry to hand AD Ports a USD 200 mn 30-year concession to build, manage, operate, and maintain a multipurpose terminal at the Red Sea port of Safaga. The ministry is looking to upgrade Egypt’s ports […]

Posted inCalendar

OCTOBER Egypt’s Suez Canal Economic Zone (SCZone) goes on a roadshow to South Korea. 8-10 October (Sunday-Tuesday): Saudi-Turkish Trade Summit, Istanbul, Turkey. 9-15 October (Monday-Sunday): 2023 World Bank Group - IMF Annual Meetings, Marrakech, Morocco. 10-12 October (Tuesday-Thursday): Intermodal Europe 2023, RAI Amsterdam, Netherlands. 10-12 October (Tuesday-Thursday): Cool Logistics Global 2023, Genoa Stock Exchange, Genoa, […]

Posted inWhat we're tracking today

TODAY: Airlines halt flights to Israel after major Hamas ground attack + Russia lifts ban on most diesel exports

Good morning, everyone. It’s been an eventful weekend, with a lot happening on the diplomacy front. Let’s dive in. THE BIG LOGISTICS STORY- Abu Dhabi sovereign wealth fund ADQ and Turkey are holding talks over a proposed railway transiting Istanbul’s Yavuz Sultan Selim suspension bridge which links the Asian and European sides of the city, […]

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