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LAST MILE- Logistics giant Aramex is testing live tracking for last-mile delivery in the GCC region,according to a press release. The system, which uses Google Maps’ mobility services in partnership with OniGroup, utilizes machine learning and predictive AI to generate delivery coordinates that allow users to track shipments in real time for the last five […]
Author Archives: enterpriseam admin
Posted inAround the World
Yellow’s crash is a boon for other US trucking firms + Sri Lanka lifts three-year ban on truck imports
The collapse of US trucking giant Yellow is boosting competitor performance, The Wall Street Journal reports. The company’s recent bankruptcy, which resulted in the layoffs of some 30k workers, helped boost the less-than-truckload sector, which includes firms that carry cargo for multiple customers on the same trailer. Rivals including ABB freight, Old Dominion, and Freight […]
Posted inCalendar
AUGUST August: Hassan Allam Utilities + Agility to open Yanmu East logistics park. Oman will award Ras Al Hadd Airport consultancy contract. 27 August (Sunday): Last day for companies to bid for the construction tender for Kuwait’s Mubarak Al Kabeer Port. 28 August (Monday): Registration for Emirates Postal Group’s Logistics Unleashed competition concludes. SEPTEMBER 4-6 […]
Posted inWhat we're tracking today
TODAY: HMM’s shipping line linking MENA ports with India and the Far East is launching in September + Houthi tariff hike could impact Yemeni ports
Good morning, friends. It’s a brisk news day in the logistics world in what’s shaping up to be a slow week as the summer lull continues. THE BIG LOGISTICS STORY- There isn’t much going on, but we did take note of one big story out of Qatar: Qatar Post acquired an additional 40% stake in […]
Posted inM&A Watch
Qatar Post acquires 40% of e-commerce platform Turkish Souq
The Turkish Souq JV was previously equally owned between the two postal services
Posted inEarnings Watch
Agility reports 11.7% y-o-y drop in net income in 2Q 2023 due to expansion-related debt
The company’s bottomline fell due to additional debt incurred to finance its acquisitions
Posted inEnterprise Explains
Enterprise Explains: What needs to be done to mitigate the impacts of climate change on trade?
From predictive AI to new vessel designs, shipping companies are looking to solutions that can help mitigate the impacts of climate change on key trade routes
Posted inLogistics in the News
Multinationals are upping use of AI to manage supply chains + China now has the world’s largest merchant fleet
Multinational firms are turning to generative AI to manage increasingly complex supply chains, the Financial Times reports. Unilever, Siemens, and Maersk are some companies that have begun employing AI to locate suppliers and negotiate contracts with suitable partners, helping them avoid tensions and problems with the law. This comes as geopolitical tensions and more stringent […]