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The ocean carrier's Ceva Logistics 3PL unit is acquiring Wincanton, which provides logistics services for brands like Ikea and Primark.

Dublin, Jan. 18, 2024 (GLOBE NEWSWIRE) -- The

Saudi-based Matarat and National Center for Privatization & PPP (NCP) has invited bids from leading companies for the development of Abha International Airport. Once completed, the 4.6 sq km airport will accommodate up to 8 million passengers by 2030.

The Saudi Ports Authority (Mawani), achieved a 12.07 percent annual increase in container handling for 2023, totaling 8,443,746 compared to 7,534,307 in 2022. Moreover, the number of cars imported through Mawani’s ports increased by 40.54 percent, reaching 2,483,331 vehicles in 2023, compared to 1,767,016 in 2022. Exported containers at the Authority’s ports increased by 15.56 percent, while the number of incoming containers increased by 12.68 percent, and transshipment containers also recorded an increase of 8.96 percent on an annual basis.

Despite a subdued H1, leasing activity surged in H2, witnessing a 26% half-yearly rise. Pune led with a 25% share, followed closely by Mumbai at 22%, while Chennai matched Delhi NCR in leasing demand. The Bhiwandi micro market in Mumbai and Chakan-Talegaon in Pune were the most active, jointly constituting 42% of the demand, mentioned Colliers.