Page 40 - V Occ News Today

As Logistics Outfits Extend Their Scope Major Player Launches Online Marketplace Digital Trade Corridor Looking to Open Up New Markets RWANDA – WORLDWIDE – Global ports operator, DP World has launched DUBUY.com, a global wholesale eCommerce platform which it hopes will accelerate global trade. The new product is available first in Rwanda with plans to expand across Africa and around the world. DUBUY.com intends to add digital trading corridors to the physical corridors DP World has built ...

Guide to freight transportation and logistics. Freight shipping and cargo logistics via all modes of transport including forwarding, cargo, freight, trucking, air freight, cargo shipping, express freight, freight forwarders, intermodal, container companies, third party logistics providers, maritime, moving, storage, railroads, trucking, customs house brokers, steamship companies, transportation brokers, freight clearinghouses, leasing and capital equipment financing, shipment tracking, shipment...

Another Massive Takeover Deal for European Freight Forwarding and Logistics Group New Conglomerate Likely to Be in World Top Three DENMARK – KUWAIT – Just two years after the acquisition of Swiss-based Panalpina, Danish transport and logistics company DSV has once again announced another huge takeover, Agilitys stand-alone Global Integrated Logistics (GIL) business. The combination is expected to create a top-three global freight forwarder based on revenues. The acquisition will be an ...

Survey Finds Logistics Firms More Open to Buy and Sell Business Interests Pandemic and Brexit Influence Market UK – A new survey released by trade group Logistics UK, in partnership with accountancy firm CBW, shows almost a third of industry leaders are more likely to undertake Merger & Acquisition (M&A) activity in Q1 2021 than they were 12 months ago. ’UK Logistics Sector M&A Index Q1 2021: Interim Survey Results’ provides an overview on trends in M&A activity, including valuations, a...

Explosion Rocks RoPax Ferry After Lorry Catches Fire On Board All Reported Safe as Ship Severely Damaged CHINA – A major disaster was narrowly avoided this week when a RoPax ferry suffered a major fire whilst docking in the Chinese port of Weihai. The 37,000 gross tonnage Zhong Hua Fu Qiang returned to port after a lorry carried aboard started to emit clouds of smoke. No sooner had she reached the berth when a huge explosion occurred and a huge fireball erupted, the event caught on video by...

Austrian Logistics Outfit Offers Europe ASEAN Intermodal Links Faster Transits Promised Using Chinese Rail Hub EUROPE – ASIA – Following our coverage a year ago of logistics group cargo-partners intermodal service between Europe and China, the Austrian company has revealed more details of its service offering which is based on a rail and ocean interchange. The New International Land-Sea Trade Corridor forms part of China’s comprehensive Belt and Road Initiative and was launched in cooper...

Some Scepticism Over the UK Freeport Policy as Report Published Internal Political Wrangle Does Not Inspire Confidence UK – With the release of the report on UK Freeports by the International Trade Committee the tone from some quarters is less than enthusiastic. The policy was always to prove controversial when promoted by a government which has a track record of previously proposed transport policies about as popular as a European Football Super League (think ferry companies with no ships, p...

Wind Power Continues to Find Backers in the Ocean Shipping Sector Another Introduction for Old Technology UK – US – SWEDEN – Joining a plethora of others we have reported previously as promoting wind powered vessel technology comes a consortium including Hampshire based simulation-driven marine engineering consultancy BAR Technologies, Minneapolis headquartered Cargill, which has a swathe of interests including shipping, and Swedish Yara Marine Technologies which develops and implements e...

Again Maritime Union Demands Action on Covid Testing, Vaccination and Crew Changes Another Case at Sea Raises Questions of Medical Security AUSTRALIA – To date the country has seen under 1,000 deaths attributed to Covid with over 26,000 recovering from the disease. Compare this to the UK where the pandemic has claimed over 150,000 lives from almost four and a half million known to have been infected and one can see why, once again, the Maritime Union of Australia (MUA) is upset at the latest ...

New Report Studies the Current State of the Heavy Lift Supply Chain Sector A Glimpse Into the Thoughts of Those Involved with Project Cargo BELGIUM – WORLDWIDE – AntwerpXL, the event dedicated to breakbulk, heavy lift and project cargo, has released its first Trends Report ahead of its return in December 2021. The report, shows the result of a survey of the opinions of senior decision makers from a range of business types across the breakbulk supply chain. The disease has also accelerated t...