Page 30 - Logistics Network News Today

10:00 AM, 13th May 2021 ADMs new soybean crushing plant will provide a significant new market for North Dakota soybean growers. Located in the major soybean producing area, its global logistics network will enable the facility to access both domestic and global markets for soybean oil CHICAGO, US: ADM announced it plans to build North Dakotas first-ever dedicated soybean crushing plant and refinery to meet fast-growing demand from food, feed, indu...

State eyes Ethiopia cargo after Nanyuki railway line revamp Friday May 14 2021 By GERALD ANDAE Summary Kenya intends to use recently refurbished Nanyuki metre gauge railway to transport cargo to Ethiopia from the Mombasa port as it targets growing industrial activities at the border. Mr Kibwana said Kenya Railways Corporation will build a cargo yard in Nanyuki where the freight will be consolidated and ultimately ferried to Moyale by road. Kenya intends to use recently refurbished Nanyuki metre...

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Share Many opportunities for Singaporean logistics companies in Cambodia Thu, 22 April 2021 Given Cambodia’s vibrant trade environment and consistent growth over the last decade, there are many opportunities there for Singapore-based firms and international partners to explore projects to boost regional connectivity. This was the key theme of a roundtable organised by Infrastructure Asia and Singapore’s YCH Group on April 20 to connect local logistics firms with potential partners to develo...

Posta seeks speedy Sh1bn approval to keep outlets open Summary The Postal Corporation of Kenya (PCK) now wants the Senate to fast-track the approval of Sh1 billion that it requires annually to keep its branches open across the country in a bid to grow revenues. PCK, in a letter to the Senate Standing Committee on Information, Communication and Technology Wednesday said that the amount will help cushion the corporations’ universal service obligation. Friday April 16 2021 By BONFACE OTIENO Summ...

THE STANDARD BUSINESS Teleposta House in Town Centre, Nairobi County. [Angela Maina, Standard.] Kenyans seeking to register companies for the first time will soon be required to sign up for a post office box before getting approval to operate. This is according to recommendations by the Senate, which seeks to save the State-run Postal Corporation of Kenya (PCK) from collapse. The report recommends several policy interventions as well as financial incentives that, if implemented, will give PCK a...

Mercedes-Benz Romania inaugurates logistics centre near Bucharest Mercedes-Benz Romania new logistic center in Dragomiresti-Vale Source: Mercedes-Benz Romania BUCHAREST (Romania), April 6 (SeeNews) - Mercedes-Benz Romania inaugurated a new logistics centre in Dragomiresti-Vale, near Bucharest, it said on Tuesday. The new logistics facility started operations in October 2020 and was designed to serve all authorized service centres in Romania, covering the needs of all Mercedes-...

Ngumi task force has work cut out Friday April 02 2021 By JAINDI KISERO Let’s start by looking at the composition of the recently appointed power purchase renegotiations task force. The appointment of John Ngumi as chairman sends the signal that the task force is coming with political will from the very top. Let’s start by looking at the composition of the recently appointed power purchase renegotiations task force. The appointment of John Ngumi as chairman sends the signal that the task fo...

(Bloomberg) -- Rakuten Inc. shares recorded their biggest gain in 18 years after investors bet that a $2.2 billion stake sale and deepening collaboration with partners like Tencent Holdings Ltd. and Japan Post Holdings Co. will help the company acquire customers and shore up its logistics network.The stock rose its maximum of 24.1% in Tokyo, pushing Rakuten’s value up by more than $3 billion, after it announced Friday it was raising 242 billion yen selling stock to investors including Ten...

Share Minister of Public Works and Transport Sun Chanthol signed a Framework of Agreement (FA) to develop the highly-anticipated Phnom Penh Logistics Complex (PPLC) virtually with YCH executive chairman Robert Yap. MPWT YCH signed on for major logistics hub Thu, 4 March 2021 The Ministry of Public Works and Transport and Singapore-based YCH Group on March 4 signed a Framework of Agreement (FA) to develop the highly-anticipated Phnom Penh Logistics Complex (PPLC) in a move to integrate Cambodia�...