GWC Receives Recognition from the General Authority of Customs
Ranjeev Menon: A testament to our leadership in the logistics industry and a driving force for superior service
A comprehensive strategy to enhance performance with top supply chain standards implemented locally and internationally
September 2024 / Doha Qatar: Gulf Warehousing Company Q.P.S.C (GWC) – one of the fastest-growing logistics businesses in the MENA region, has been honoured by the General Authority of Customs for adhering to Authorised Economic Operator (AEO) standards in customs clearance and import & export services. The recognition acknowledges GWC’s professionalism and reflects its due diligence when it comes to customs protocols.
Ranjeev Menon, Group CEO of GWC, said: “This prestigious recognition by the General Authority of Customs is a testament to our leadership in the logistics sector, which motivates us to continue delivering top-notch services to our clients and advance the logistics industry.”
He added: “GWC team is fully committed to leveraging our extensive experience in the logistics sector to achieve excellence and apply the highest supply chain standards both locally and internationally. We are grateful for the continued support from the General Authority of Customs and its dedication to enhancing collaborative relationships with private sector companies. We look forward to further assisting our clients with innovative and cutting-edge logistics solutions.”
The Authorized Economic Operation Programme was launched by General Authority of Customs in 2019, in compliance with World Customs Organisation standards, to develop partnership and cooperation with the private sector, for the purpose of facilitating international trade.The Authorized Economic Operators are given additional benefits and incentives based on the regulations set by the General Authority of Customs.the GCC AEO Program, a unified program for the authorized economic operators among the Arab Gulf countries, was launched in early 2023. The program relies on the trust that is built between customs and economic operators working in the supply chain who meet the required conditions, which leads to granting them a number of facilities and benefits in their cross-border trade operations.
GWC is implementing a strategy to enhance its performance while maintaining its position as the premier provider of warehousing and distribution solutions across diverse industries. The company’s comprehensive services cater to entrepreneurs, MSMEs, and MNCs, as it manages billions of customer documents throughout their lifecycle in advanced storage facilities, provides land, air, and sea freight services, along with customs clearance, project logistics, international shipping, international moving and relocations. Additionally, GWC manages the State of Qatar’s largest fleet, boasting over 1,600 trucks, trailers, and specialized vehicles, while also providing marine services, facilitated through established subsidiaries, include shipping agency services, liner representation, port agency services, cruise ship hosting, and husbandry services. As the Authorized Service Contractor (ASC) for UPS in Qatar, GWC strategically expands the courier giant’s market share through the utilization of its logistics infrastructure.
GWC has been at the forefront of the logistics industry, offering a comprehensive range of services that include freight forwarding, contract logistics, project logistics, and supply chain solutions. Through its state-of-the-art facilities, strategic partnerships, and robust infrastructure, the company supports both economic development and provides seamless, efficient logistics solutions across various industries.
In addition to its operational achievements, GWC is fully committed to corporate social responsibility (CSR). The company actively engages in initiatives that support environmental sustainability, community development, and employee welfare. GWC’s CSR programs aims to create a comprehensive environmental impact by reducing carbon emissions, participating in community outreach activities, and ensuring a safe and supportive work environment for all employees. These efforts reflect GWC’s dedication to not only enhancing the logistics sector but also making a positive impact on society and the environment.
Following six months of intense preparation, training and strict auditing, Challenge Group is now IATA CEIV Lithium Battery certified, in addition to its existing IATA CEIV Pharma and IATA CEIV Live accreditations previously awarded to Challenge Airlines and Challenge Handling in Liège.
According to the International Air Transport Association (IATA), around 1.3 million shipments of lithium batteries are transported by air annually. They also estimate that about 5% of air cargo shipments include lithium batteries, in addition to other electronics and mail parcels. And those are just the shipments officially declared as containing these batteries. “At Challenge Group, we are very concerned with detecting mis-declared or undeclared Lithium Battery shipments and therefore make certain that our people are trained in what to look out for,” Yossi Shoukroun, Chief Executive Officer of Challenge Group, says. “We are proud that our efforts have been officially recognised and that we may now carry the IATA CEIV Lithium Battery seal of approval as a visible demonstration to customers that their DGR shipments are in the best of hands, including the ones under UN3090 and UN3480. Thank you to the IATA CEIV Lithium Battery auditors for their commendations and feedback as we continue to ensure the highest level in handling standards.”
“As the numbers of lithium batteries being shipped globally continues to increase, it’s essential these vital items are transported safely and efficiently. IATA’s CEIV Lithium Batteries was established to raise standards, spread best practice, and ensure regulatory compliance across the supply chain. We commend Challenge Group for achieving CEIV lithium battery certification. This gives customers total confidence in Challenge Group’s world-class performance and quality credentials for lithium battery shipments,” said Brendan Sullivan, IATA Global Head of Cargo.
Safety in the workplace is ensured through a dedicated Lithium Battery expert team that is drilled on risk prevention and crisis management. Lithium Battery shipments have their own separate handling areas, both in the warehouse Dangerous Goods section as well as in the second-line warehouse dedicated to e-commerce. “e-commerce receives particular attention,” David Canavan, Chief Operating Officer of Challenge Group underlines, “since around 70% of e-commerce being flown across the globe, contains Lithium Batteries. That is another reason why more and more air cargo stakeholders should be striving for risk awareness and safe handling. An IATA CEIV Lithium Battery audit is the best way to adopt and ensure company-wide compliance with the required safety standards.”
Saudi Arabia to cut import custom fees from the 6th of October 2024
The Saudi Zakat, Tax and Customs Authority (ZATCA) has announced waiving the fees for all customs services for exports. It also reduced customs service fees for imports through a new mechanism for calculating import service fees, which involves a fee of 0.15 percent of the value of the incoming goods for customs declaration. The new fee structure will take effect on Oct. 6, 2024. The decision regarding the Fee Rules on Customs Services was taken by the Board of Directors of ZATCA, which includes specifying the fees on customs services provided by ZATCA and the conditions for fulfilling them. The decision also stipulates a fee of SR15 for customs declaration processing services on individuals’ shipments arriving through online stores, provided that the value of these shipments does not exceed SR1,000. ZATCA clarified that the customs services for exports for which the fees have been waived include customs declaration processing service, lead seal, land port loading services, X-ray inspection, customs data exchange, and sample analysis exchange at specialized laboratories. ZATCA added that previously the customs service fees for imports included a charge of SR100 for each container inspected by X-ray, an additional SR 100 for “information exchange” services, and SR20 for customs declaration processing services. The new fee will be based on 0.15 percent of the value of the incoming goods, including insurance and shipping, with a maximum of SR 500 and a minimum of SR15 and a special cap of SR130 for shipments exempt from customs duties and taxes. ZATCA has offered taxpayers and customers to address any inquiries via the unified 24/7 call center number (19993), or through its X Account (@Zatca_Care), or e-mail (info@zatca.gov.sa), or instant chatting through ZATCA’s website (zatca.gov.sa). ZATCA indicated that the waiver of customs service fees for exports will contribute to encouraging exporters and alleviating financial burdens, especially for SMEs, as well as enhancing the efficiency and competitiveness of Saudi exports.
Oliver Wyman has released insights into the rapidly evolving landscape of artificial intelligence (AI), revealing significant opportunities that AI presents, while also highlighting growing concerns surrounding its adoption. The findings, drawn from the Oliver Wyman Forum report “How Generative AI is Transforming Business and Society” and related surveys, paint a picture of a world both excited and cautious about the future of AI.
Some 68% of workers in the Kingdom use generative AI weekly compared to only 55% globally. And 93% of Saudis said generative AI is an essential tool at work, compared to 95% in the Middle East and 79% globally.
The enthusiasm of individuals for AI in Saudi Arabia is matched by the government, which – along with other authorities in GCC countries including the UAE – is taking a leadership role in AI, placing the region in a prime position to leverage the technology for economic and societal gain.
Please find the press release covering this research attached.
GCC eyes early lead in global AI race
Oliver Wyman, a global management consulting firm and a business of Marsh McLennan (NYSE: MMC), recently released insights into the rapidly evolving landscape of artificial intelligence (AI), revealing significant opportunities that AI presents, while also highlighting growing concerns surrounding its adoption, from the pace of development to existential threats from the technology. The findings, drawn from the Oliver Wyman Forum report “How Generative AI is Transforming Business and Society” and related surveys, paint a picture of a world both excited and cautious about the future of AI.
Speaking ahead of the Global AI Summit hosted by the Saudi Data & AI Authority (SDAIA) in Riyadh on 10-12 September, Nick Studer, President and CEO for the Oliver Wyman Group, said: “While the transformative potential of AI is immense, it is also clear that societies around the world are looking to their governments for leadership in areas including education and workforce development to fully harness these opportunities in a safe and ethical manner. With 39% of people across 20 countries advocating for government-driven AI initiatives, it’s crucial that we prepare our workforce for the changes ahead, while ensuring AI is developed and deployed responsibly.”
However, alongside this optimism there are some doubts among industry leaders about the pace of AI adoption. The recent Oliver Wyman Forum survey “The New Growth Agenda: How CEOs are Navigating Emerging Shifts in Geopolitics, Trade, Technology, and People” reveals that 41% of CEOs from NYSE-listed companies are concerned about moving too slowly on AI, underscoring the critical importance of timely innovation in this space. Moreover, 96% of CEOs view AI as an opportunity, not a risk, according to the same survey. This high level of optimism among CEOs further emphasizes the potential that AI holds for businesses and the global economy.
Meanwhile, generative AI is particularly stirring the imagination of consumers worldwide. According to the Oliver Wyman Forum AI report, 28% of global respondents believe that generative AI has the capacity to capture the depth of human emotion, pointing to its potential in areas such as entertainment and customer service. Despite this enthusiasm, the risks associated with AI are not lost on those at the forefront of its development. The same report reveals that 50% of AI researchers believe there’s a greater than 10% chance that AI could lead to human extinction – a sobering statistic that highlights the need for cautious and responsible AI development.
AI in the GCC
This is certainly not deterring workers in the Kingdom of Saudi Arabia from embracing generative AI. Indeed, according to the Oliver Wyman Forum AI report, some 68% of workers in the Kingdom use generative AI weekly compared to only 55% globally. And 93% of Saudis said generative AI is an essential tool at work, compared to 95% in the Middle East and 79% globally.
The enthusiasm of individuals for AI in Saudi Arabia is matched by the government, which – along with other authorities in GCC countries including the UAE – is taking a leadership role in AI, placing the region in a prime position to leverage the technology for economic and societal gain.
Saudi Arabia’s ambitious AI investment strategy further highlights the global movement behind AI development. According to The New York Times, the government of Saudi Arabia plans to invest $40 billion in AI, reflecting the country’s commitment to becoming a global AI leader.
The New York Times report added that representatives of Saudi Arabia’s Public Investment Fund (PIF) discussed a potential partnership with one of Silicon Valley’s leading venture capital firms, and other financiers. Such a move would align with the United States’s “Chip 4 Alliance” initiative, a strategic partnership with Japan, South Korea, and Taiwan, which collectively control a significant share of the global semiconductor market, to build a sustainable semiconductor supply chain critical to AI technologies.
“The Middle East, and particularly the GCC, appears to be taking a confident stance in its embrace of AI, with governments committed to investing in, and deploying the technology,” said Jad Haddad, Global Head of Oliver Wyman Quotient, the firm’s AI offering. “At the same time, young and growing populations in the region are keen to use AI-based services at work and at home, spurring further investment and encouraging governments to persevere with their proactive stances.”
AI around the world
More than 80% of respondents in the Oliver Wyman Forum’s Global Consumer Sentiment and AI survey expressed a desire to use AI for various purposes, ranging from healthcare to financial planning and social connection, with Gen Z leading the charge.
Furthermore, the survey indicates that 63% of consumers expect autonomous buses and shuttles to be a reality within the next decade, while 66% foresee the arrival of autonomous taxis in the same timeframe. These expectations signal a significant transformation in how transportation will evolve, driven by AI.
The integration of AI into workplaces is not without challenges. The Oliver Wyman Forum AI report shows that 47% of employees who use AI are willing to continue using generative AI tools even if their employers were to forbid it. This statistic underscores the tension between workforce enthusiasm for AI and the need for clear guidelines and ethical considerations in its deployment.
“As AI continues to evolve, countries, companies and consumers are realizing the technology’s dual nature as both a driver of innovation and a source of significant concern. We need to make sure there are balanced approaches that foster AI’s benefits while carefully managing its risks,” Haddad concluded.
GROHE Becomes First Global Sanitary Brand to Introduce Saudi-Made Products
Localised production will support job creation, skills development, and economic growth, in line with Saudi Vision 2030
The GROHE brand manufacturing facility will highlight Saudi-made products enhanced by German technology
GROHE, a leading global brand for complete bathroom solutions and kitchen fittings, has become the first global sanitary brand to offer products made in Saudi Arabia, with a new manufacturing facility in Dammam dedicated to GROHE brand products. GROHE is an integral part of the strong brand portfolio of LIXIL, which is a maker of pioneering water and housing products. At an exclusive event today, the-state-of-the-art facility developed in collaboration with Zamil Plastic Industries Co., was unveiled to select media.
LIXIL’s regional expansion plans for GROHE align closely with Saudi Vision 2030, which aims to achieve economic diversification through investments in construction, logistics, manufacturing, and other sectors. The new manufacturing facility enhances national pride by producing exceptional Concealed Cisterns in the kingdom, covering an area of more than 26,000 sqm with over 200 employees in its workforce, and has successfully started exporting its first shipment.
At the press conference, the media had the opportunity to meet the talented individuals behind the collaboration, delve into the production process, and learn about the rigorous quality standards in local manufacturing. This exclusive event also highlighted the excellence of Saudi-made products, crafted with cutting-edge German technology. Attendees were given an in-depth tour of the facility, providing them with a first-hand look at the advanced technology powering GROHE’s production processes.
Fawzi Dernaika, Leader, KSA, LIXIL IMEA, announced: “We are proud to share that GROHE has become the first global sanitaryware brand to launch and promote a manufacturing facility in Saudi Arabia. This facility integrates advanced German technology with Saudi expertise, entirely led by local professionals. The new facility will enhance service efficiency, speed to market, and environmental standards, significantly improving the overall customer experience. Moreover, localized Concealed Cistern production will support job creation, skills development, and economic growth in the Kingdom.”
Bader Al Sulaim, General Manager, Zamil Plastic Industries Co., added: “We are honored to partner with GROHE in establishing the first manufacturing facility of its kind in Saudi Arabia. This initiative aligns with our commitment to advancing Saudi Vision 2030 and fostering local talent, empowering the next generation of Saudis to take an active role in building our nation. The introduction of advanced German technology through this facility will not only elevate the sanitaryware industry but also significantly enhance the customer experience in the region.”
GROHE brand manufacturing facility will adhere to the same global standards and processes that ensure the highest quality and performance for GROHE products worldwide. By following uniform processes and maintaining a commitment to excellence, this manufacturing facility in Dammam will enhance overall customer satisfaction. The unveiling of the facility is a testament to GROHE’s German standards supporting the growth and development of Saudi Arabia.
Dnata reduces carbon footprint further with fleet-wide transition to biodiesel in UAE
Leading global air and travel services provider dnata, has announced a major milestone in its environmental sustainability journey. All of the company’s non-electric airside vehicles and ground support equipment (GSE) are now operating exclusively on a biodiesel blend at its biggest operational hub in Dubai.
This significant step, taken in partnership with Dubai Airports and the Emirates National Oil Company Group (ENOC), is projected to cut CO₂ equivalent emissions by over 3,500 tonnes annually over the lifecycle of the fuel consumed by dnata’s fleet. This is equivalent to over 21 million kilometres driven by an average diesel-powered car.
The initiative has been gradually rolled out across dnata’s extensive ground handling and cargo operations at the two Dubai airports, Dubai International (DXB) and Al Maktoum – Dubai World Central (DWC). It involves a total of 2,500 vehicles, which support the safe and timely operations of over 220,000 flights annually.
dnata has been already using a blend of biodiesel across its landside fleets at dnata logistics, City Sightseeing Tours, Arabian Adventures, and Alpha Flight Services in the UAE since last summer.
Steve Allen, CEO of dnata Group, said: “Our latest initiative to switch all our non-electric airside vehicles to biodiesel in Dubai is a big step forward in our decarbonisation journey. It demonstrates our dedication to cutting emissions, a core part of our environmental strategy, while maintaining the highest level of quality and safety across our operations.
This achievement wouldn’t be possible without the strong collaboration with Dubai Airports and ENOC, who share our commitment to contributing to the UAE Government’s Net Zero 2050 strategic initiative. We look forward to continuing our partnership to further reduce our environmental footprint and make a positive impact on the aviation industry.”
Paul Griffiths, CEO of Dubai Airports, added, “Sustainability in aviation requires everyone to pitch in, and as the airport operator, we’re committed to driving change. Our partnership with dnata and ENOC to introduce biodiesel highlights how collaboration can lead to real progress. While sector-wide solutions are crucial, airports must also score quick wins on the ground.
This shift will benefit all operators of vehicles and equipment operating airside by replacing traditional diesel with a cleaner alternative. Given the significant size of dnata’s fleet both at DXB and DWC, we know this project is vital for a broader sustainable ground support equipment (GSE) strategy, and we’re proud to contribute to reducing dnata’s emissions and setting a new standard for the aviation industry.”
ENOC Group has provided dedicated biofuel trucks and fuel stations to support dnata’s transition into biodiesel in Dubai.
His Excellency Saif Humaid Al Falasi, Group CEO at ENOC, said, “We are delighted to continue our ongoing cooperation with dnata by delivering biodiesel to their airside fleet and ground support equipment (GSE). This partnership underscores our commitment to expedite the UAE’s transition to clean and sustainable energy sources under the National Policy on Biofuels. We look forward to enabling clean energy alternatives to further diversify the national energy mix.”
Up to 600 km on one single charge. That’s how far Volvo’s next-generation heavy-duty electric truck will be able to drive. The longer range represents a breakthrough for long-distance transport with zero tailpipe emissions.
The electrification of heavy trucks is continuing across the world and longer distances are now becoming a possibility.
Next year Volvo will launch a new long-range version of its FH Electric that will be able to reach up to 600 km on one charge. This will allow transport companies to operate electric trucks on interregional and long-distance routes and to drive a full working day without having to recharge. The new Volvo FH Electric will be released for sale during the second half of 2025.
“Our new electric flagship will be a great complement to our wide range of electric trucks and enable zero-exhaust emission transport also for the longer distances. It will be a great solution for transport companies with a high annual mileage on their trucks and with a strong commitment to reduce CO2,” says Roger Alm, President Volvo Trucks.
Five years of electric leadership The enabler for the 600 km range is Volvo’s new driveline technology, the so-called e-axle, which creates space for significantly more battery capacity onboard. More efficient batteries, a further improved battery management system and overall efficiency of the powertrain also contribute to the extended range.
Volvo Trucks is a global leader in medium- and heavy-duty electric trucks with eight battery-electric models in their portfolio. The wide product range makes it possible to electrify city and regional distribution, construction, waste management and, soon, long distance transport. Volvo has so far delivered more than 3,800 electric trucks to customers in 46 countries around the world.
“The transport sector represents seven percent of global carbon emissions. Battery-electric trucks are important tools to reduce the climate footprint. Besides the important environmental gains that electric trucks bring, they offer truck drivers a much better working environment, with much lower levels of noise and vibrations,” says Roger Alm.
Volvo Trucks drives the transition towards fossil-free transport to reach its net-zero emissions target by 2040 using a three-path technology strategy. The three-path technology approach is built on battery electric, fuel cell electric and combustion engines that run on renewable fuels like green hydrogen, biogas or HVO (Hydrogenated Vegetable Oil).
Well-known terminal operator, DP World, has completed the acquisition of Cargo Services Far East, a Hong Kong-based supply chain provider. Cargo Services is involved in origin services, or in other words, moving goods from the factory floor to the customer’s door. It employs over 2,500 people in China and across Asia, Europe, South Africa, and the US.
The Dubai-based operator now has more than 115,000 employees, spread over 800 locations globally. By the end of the year, it will operate more than 200 freight forwarding offices, covering up to 95% of global trade flows.
Founded in 1989, Cargo Services was one of the earliest foreign logistics service providers to enter the China market. It established an extensive portfolio of solutions such as origin purchase order management, ocean freight, air freight, and warehousing for a diverse range of sectors. It has also expanded its portfolio to provide specialised cruise logistics services globally.
The acquisition process is officially complete, with plans for full integration over the next few months. To ensure a seamless transition, the managing director of Cargo Services Group, John Lau will remain with the business and assume a senior leadership position within DP World. “By joining DP World, we will gain access to extensive resources and expertise, allowing us to continue delivering top-tier freight-forwarding and logistics services that our customers demand,” Lau said.
Reinforcing Commitment to Responsible Business Practices
Shaikh Abdulla Bin Fahad: solidifying our position as a leader in sustainable business practices
Ranjeev Menon: Integrating Corporate Social Responsibility into our business strategy
Gulf Warehousing Company Q.P.S.C (GWC) – one of the fastest-growing logistics businesses in the MENA region – announced it has joined the United Nations Global Compact (UNGC), the world’s largest voluntary corporate sustainability initiative. By joining the UNGC, GWC aligns itself with over 23,000 companies from 166 countries worldwide committed to promoting responsible business practices and Sustainable Development Goals (SDGs).
Shaikh Abdulla Bin Fahad Bin Jassim Bin Jaber Al Thani, GWC Managing Director said: “Joining the UNGC represents GWC’s commitment to aligning its operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption, and contribute to implementing the 2030 Sustainable Development Goals creating positive social and environmental impact through our core business activities.”
He added: “This step plays a significant role in solidifying our position as a leader in sustainable business practices within the State of Qatar, further enhancing our long-term vision which aims to contribute to achieving the goals of Qatar National Vision 2030. At GWC, we are dedicated to upholding the highest ethical standards and prioritizing environmental stewardship in all our operations. We are confident that this collaboration will empower us to further integrate these principles into our operations and contribute meaningfully to the achievement of the SDGs by 2030.”
Ranjeev Menon, GWC Group CEO said: “GWC is committed to collaborative projects aimed at achieving the UN’s SDGs, while simultaneously providing significant support to Micro, Small and Medium-Sized Enterprises (MSMEs) and launching social responsibility initiatives throughout the year. GWC’s influence is not limited to its commercial activities but extends to include the whole community, as the company implements a comprehensive strategy for environmental, social, and governance (ESG).”
In 2023, GWC achieved a remarkable milestone by securing a top 10 position in Forbes ‘Top 100 Middle East’s Sustainability Leaders’ in the logistics and transport category, underlining its unwavering dedication to sustainability.
GWC invests in several active measures to ensure more sustainable operations, such as paperless processes, vehicle route optimization, reduce-reuse-recycle initiatives, energy conservation (including natural and energy-saving lighting initiatives), and resource consumption optimization. Notably, GWC’s Regional Logistics Hub in Ras Bufontas Free Zone was developed in accordance with the GSAS standard.
GWC is committed to promoting economic development in Qatar by boosting MSMEs growth. The first and second phases of Al Wukair Logistics Park have successfully attracted a significant number of micro, small, and medium-sized enterprises. Spreading across 1.5 million square metres, GWC Al Wukair Logistics Park is dedicated to light industry infrastructure required for the operational success of MSMEs. With various light industrial workshops, warehousing units, and open yards, the park has been designed to meet all types of warehousing and distribution requirements for sector-wide enterprises.
Al Wukair logistics park offers a one-stop-shop for leasing a warehouse or workshop, company formation formalities, including applications for necessary permits, and logistics operations. Start-ups working with GWC benefit from years of local, regional and international experience, along with a global, integrated network. GWC’s deep, hard-earned knowledge of the local market makes Al Wukair Logistics Park the ideal destination for businesses to avail of and enjoy the best logistics infrastructure.
Tonnages in the Asia Pacific region rebound strongly after Japan typhoon dip
Air cargo tonnages from Asia Pacific have rebounded strongly in the last full week of August after dipping sharply the previous week due to flight cancellations resulting from a typhoon in Northeast Asia, although tonnages from Europe have yet to bounce back from the mid-August ‘Assumption’ holiday.
According to the latest figures and analysis from WorldACD Market Data, worldwide air cargo tonnages in week 34 (19-25 August) rebounded by +5%, compared with the previous week, mainly driven by a week-on-week (WoW) increase of +11% from Asia Pacific origins. That follows a -7% drop in worldwide flown cargo the previous week, most of which was linked to the impact of Typhoon Ampil on air cargo to and from Japan – and to a lesser extent South Korea – and to the 15 August holiday in various European countries. The impact of this week’s further typhoon to affect Japan, Typhoon Shanshan, are expected to be visible in next week’s report (week 35).
The patterns in weeks 33 and 34 are similar to last year, where in addition to the annual ‘Assumption’ holiday, flights in Asia Pacific were disrupted by last year’s Typhoon Lan. One difference is that tonnages from Europe bounced back more quickly in week 34 last year, whereas this year the recovery from the European holiday is quite limited (+1%, WoW).
Meanwhile, further analysis by WorldACD indicates that only around half of this week’s rebound in traffic from Asia Pacific is related to the recovery from the effects of the typhoon on Japanese and South Korean markets, with the other 50% resulting from renewed growth from China and Hong Kong.
Combining the totals from weeks 33 and 34, overall worldwide tonnages are up, year on year (YoY), by +9%, driven by double-digit percentage increases from Asia Pacific (+11%) and Middle East & South Asia (MESA, +10%) origins, with increases of +8% from both Europe and Central & South America (CSA) origins, in addition to increases of +6% from North America and +4% from Africa.
Tech Mahindra and Marshall Sign MoU to Drive Innovation and Sustainability in Aerospace and Defense Engineering
Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced that it has signed a Memorandum of Understanding (MoU) with Marshall Group, a specialist in engineering services for the aerospace and defense industry. The collaboration will combine the organizations’ advanced engineering capabilities and cutting-edge digital solutions to drive innovation and sustainability in the aerospace and defense sectors.
Tech Mahindra will support Marshall’s engineering programs in aircraft design and manufacture, special mission platforms, and the development of digital maintenance, repair, and overhaul(MRO) technologies.Marshall will leverage Tech Mahindra’s expertise in data analytics and intelligent field support technologies to enhance its infrastructure solutions’ operational efficiency and reliability.Additionally, Tech Mahindra will engage in advanced design projects focused on developing future hydrogen fuel systems, aiming to replace fossil fuels and promote sustainability in aviation.
Narasimham RV, President – Engineering Services, Tech Mahindra, said, “The aerospace and defense engineering sector faces significant challenges, includingthe need to drive productivity gains and sustainable technology advancements.CombiningTech Mahindra’s global engineering and technology capabilities with Marshall’s rich heritage and specialized knowledge, we arepoised to create a powerful collaboration to drive innovation, deliver exceptional customer value, and enable the industry to scale at speed.”
Tech Mahindra and Marshall will harness their unique capabilities to drive growth and innovation in the aerospace market. These capabilities include extensive expertise in aerostructures, electrical and mechanical engineering, airworthiness, and stress test engineering, gained over many years. The partnership will support the expansion of Marshall’s engineering services programs by capitalizing on Tech Mahindra’s strengths in the aerospace engineering sector.
Gareth Williams, Chief Operating Officer, Marshall,said,“We are excited to takethis major step forward with Tech Mahindra.As two family-founded businesses with a global presence and a shared commitment to providing critical support to our customers, we have much in common– but we also possess distinctand mutually complementary strengths.There is ample scope for Tech Mahindra to support Marshall’s ongoingprograms,and their global reach and expertise will undoubtedly unlock new use cases and markets where we have not yet established a presence.”
With nearly three decades of experience and expertise, Tech Mahindra is a global leader in engineering services for the aerospace industry. The organization works with eight out of top ten aerospace manufacturers and offers innovative solutions for original equipment manufacturers (OEMs) and aftermarket. Tech Mahindra has a network of onshore and offshore service centers staffed by qualified engineers who excel in design and manufacturing. Tech Mahindra has delivered millions of dollars in savings to 300+ customers worldwide and increased productivity through intelligent design and manufacturing excellence.
Leschaco (PTY) LTD. (Leschaco South Africa) has proudly achieved the esteemed Authorized Economic Operator (AEO) certification at “Level 2 Accreditation.” This certification reinforces the company’s strategic role within the Leschaco Group, enhancing its ability to offer global benefits to its customers.
Following closely on the heels of Leschaco Indonesia’s AEO certification, Leschaco South Africa’s new status underscores its reputation as a trusted partner in customs clearance for international trade. The “Level 2 Accreditation” is the highest AEO level in South Africa, focusing on stringent supply chain security through comprehensive risk assessment and mitigation.
This certification demonstrates Leschaco South Africa’s commitment to maintaining the highest security standards in international logistics. Achieving AEO status involves a rigorous audit by customs authorities, requiring compliance with stringent standards in record-keeping, financial solvency, and security measures.
AEO certification is increasingly crucial in the South African logistics sector, enhancing global trade security and efficiency. Partnering with AEO-certified freight forwarders like Leschaco South Africa offers significant advantages for businesses involved in international supply chains. The AEO program fosters a transparent and predictable trading environment, vital for the growth and sustainability of the logistics industry.
Denvor Booysen, Customs Manager Leschaco South Africa, explains: “We engaged in the South African Customs program for AEO and had to undergo a tedious verification process. The intense verification program entailed a detailed company overview with CSK Competency Assessment, operational processes, process flow mapping as well as an in-depth Safety and Security check of the entire business model.” He concludes: “Leschaco South Africa is now a much-deserved AEO trader, which grants us a somewhat elite status together with many other Leschaco subsidiaries.”
The attainment of AEO certification highlights the Leschaco Group’s commitment to delivering high-quality, reliable logistics services. This certification facilitates closer cooperation with customs authorities, leading to improved planning, enhanced customer service, and reduced delays and costs. The Leschaco Group remains dedicated to continuously improving its service quality for its global customers.
Swisslog to drive KSA’s logistics evolution with advanced automation solutions at Saudi Logistics Expo 2024
Swisslog, the global leader in innovative robotic, data-driven, and flexible automated solutions, will be at the Saudi Logistics Expo 2024, taking place from September 2-4. This premier event is Saudi Arabia’s largest platform dedicated to supply chain, warehousing, and logistics, bringing together over 11,000 industry professionals and showcasing the latest in innovative technologies and solutions.
Swisslog will feature a dynamic demo of its cutting-edge solution, AutoStore, providing visitors with an opportunity to experience firsthand the efficiency and precision of automated storage and order processing. It integrates with existing infrastructures, effortlessly meeting the surging demand for rapid, precise, and reliable order fulfilment. As a leading global and regional logistics provider, Swisslog sets new standards in warehouse automation, keeping businesses competitive in the fast-evolving economy.
Projections indicate that the Middle East and Africa (MEA) automated materials handling market will reach over US$1,885 million by 2026, with Saudi Arabia holding one of the largest market shares in the region. Saudi Logistics Expo offers the ideal stage for Swisslog to showcase its holistic state-of-the-art warehousing and supply chain solutions designed to maximize space utilisation and streamline operations with sharper insights, faster services, scalability, and cost efficiencies for local industries. The company’s participation underscores its commitment to delivering future-proof solutions that meet the unique needs of its local customers, backed by a highly experienced local team and over 3,000 global experts.
Rami Younes, General Manager at Swisslog Middle East, commented: “As businesses in Saudi Arabia continue to expand and evolve, the need for reliable, efficient, and scalable automation solutions has never been greater. We offer unmatched expertise in warehouse automation, driven by our dedicated local team and supported by our global network, in a market projected to reach over US$1,885 million by 2026, with KSA holding one of the largest shares in the MEA region. We are excited to demonstrate the capabilities of our AutoStore system at the Saudi Logistics Expo, ideal for businesses looking to optimize space utilization, improve inventory management, and enhance order fulfilment accuracy.
For over 100 years, Swisslog has been solving the most complex intralogistics automation challenges. Its profile includes high-profile projects with Arvato Supply Chain, DB Schenker, Gucci, Coca-Cola, Unilever, Pepsi, and many more. In the region, Swisslog boasts an impressive client roster that includes industry titans such as Almarai, one of the largest vertically integrated dairy companies in the world. In the F&B sector alone, Swisslog has executed over 350 projects across 35 countries.
Additionally, Swisslog Middle East’s General Manager, Rami Younes, will discuss how automation enhances accuracy and speeds up warehousing operations in a panel discussion on September 3rd from 6:00 to 6:30 PM. He will also cover the scalability of these technologies, their financial benefits, and share real-world success stories.
Saudi Logistics Expo 2024 will be hosted at the Riyadh International Convention and Exhibition Centre on September 2-4, 2024. Swisslog invites all attendees to visit its booth at 4A24 to experience the AutoStore dynamic demo and learn more about how its innovative solutions can transform logistics operations.
Ranjeev Menon: developing sustainable ecosystems that allow talents to thrive and contribute to community development
GWC Sports is a one-stop-shop provider for sports and events logistics solutions that has extensive experience
Gulf Warehousing Company Q.P.S.C (GWC) – one of the fastest-growing logistics businesses in the MENA region, announced that its team, GWC Arrows, has won the 2023 Third Division Cricket League Championship, hosted by Qatar Cricket Association. The winning team received the championship trophy on Wednesday, August 21, 2024, at the Lusail Hall in the Olympic Tower.
Ranjeev Menon, Group CEO of GWC, said: “Winning the championship title represents a significant achievement that supports our company’s social responsibility strategy, which focuses primarily on youth, education, sports, culture, knowledge creation, and entrepreneurship, contributing to the development of sustainable ecosystems that benefit the community and allow talents to thrive.”
He continued: “Corporate social responsibility (CSR), especially in sports, is a cornerstone of GWC’s strategy. This is evident through our internal sports activities as well as sponsoring various sporting events. GWC is committed to a comprehensive strategy that goes beyond mere profitability, viewing corporate social responsibility as a voluntary ethical commitment that goes beyond profit-making to being impactful in the community and the surrounding environment. GWC’s influence is not limited to its commercial activities but extends to include the whole community, as the company implements a comprehensive strategy for environmental, social, and governance (ESG).”
He noted that: “GWC Sports, a dedicated department for sporting events solutions, is continuously improving its performance and has the experience and assets needed to manage the logistics requirements of indoor and outdoor sporting events, conferences and exhibitions.”
GWC’s significant achievements include its prominent role during the FIFA World Cup Qatar 2022, where it served as the first regional supporter and official logistics provider for the tournament. GWC sports played a pivotal role in delivering top-tier logistics services for major sporting events in Qatar since 2006 to the present, leveraging its extensive logistics infrastructure that enables seamless operations from point of entry to point of use, along with an integrated freight network of diverse offices worldwide.
GWC is one of the fastest-growing logistics businesses in the MENA region that offers best-in-class logistics and supply chain services.As the largest private sector developer of logistics hubs in the region, GWC has constructed over 4 million square meters of world-class logistics infrastructure, serving both local and international clients, while continually bidding on new projects and management agreements.
These hubs offer a wide range of services across various sectors on a 3PL and 4PL basis, with specialized hubs catering to industries like oil and gas in Ras Laffan and Messaieed industrial cities.
CargoAi accelerates on CargoWALLET with the appointment of Fintech veteran Olivier Veyrac
Launched in February 2023, CargoAi’s CargoWALLET has quickly gained traction and today facilitates cargo payments in over 47 currencies. The freight industry’s fastest growing digital enabler has now appointed global payment expert, Olivier Veyrac as its Senior Vice President for CargoWALLET.
Over the last 18 month, CargoWALLET has been adopted by 5,000+ Airlines, Freight Forwarders, GHAs and logistic service providers. With CargoWallet, CargoAi freight professionals can now pay from 150 countries and in over 47 currencies using local payment methods. The wallet is available to all logistics companies. CargoWALLET is proving particularly attractive to freight forwarders because of its instant-cross-border payment capability. With the wallet, airlines can accept instant payments from all their customers, rather than inconvenient cash payments, long settlement times or having to rely on bank guaranties before accepting a booking.
The integration of CargoWALLET directly with freight forwarders Transport Management System (TMS) is an additional use case permitting faster payment and reconciliation via multiple payment methods.
“Positive customer feedback and the rapid success of CargoWALLET show that the industry is keen on adopting reliable payment solutions,” says Matt Petot, CEO of CargoAi. “CargoWALLET has reached critical adoption in its early version. I am delighted that Olivier Veyrac has joined us as Senior Vice President of CargoWALLET to take it to the next level. Olivier Veyrac has extensive financial technology and technology integration experience, working with companies across the world. Furthermore, his experience scaling global BtoB payments solutions and commercial partnerships will prove invaluable to the success of CargoAi fintech venture.
“CargoWALLET offers the broadest reach by far in the industry with the enablement of over 200 payment methods from 150 countries. It meets the security and confidentiality requirements demanded by the strict banking regulations, making it one of the strongest options in the industry” Said Veyrac, he added: “There is still room for improvement. More new features, more partners, and more countries are my goals for the coming months.”
Cross-border payments via CargoWALLET, have dropped processing times from days to seconds, and reduced bank fees. It also opened up the possibility for some import customers in some part of the world to settle their accounts electronically for the first time. Many forwarders are going one step further and use CargoWALLET as their second bank account, With the addition of Olivier Veyrac, CargoWALLET is set to eliminate every last obstacle in the freight customer payment journey.”
Gartner Predicts 75% of Enterprises Will Prioritize Backup of SaaS Applications as a Critical Requirement by 2028
Risk of IT Outages Underscores Need for Regular Backup and Recovery of Critical Enterprise Data
Dubai, United Arab Emirates, August 27, 2024 – By 2028, 75% of enterprises will prioritize backup of software-as-a-service (SaaS) applications as a critical requirement, compared to 15% in 2024, according to Gartner, Inc.
SaaS-based applications have become a preferred choice for new and modernized deployments, with the data these applications generate expected to be among the fastest-growing sets of critical enterprise data over the next five years. According to Gartner’s latest forecast, worldwide end-user SaaS spending is projected to grow 20% to total $247.2 billion in 2024, and is forecast to reach nearly $300 billion in 2025,
“The risk of IT outages underscores the urgent need for regular backup and recovery of critical enterprise data,” said Michael Hoeck, Sr Director Analyst at Gartner. “As businesses are more dependent on SaaS technologies, it becomes crucial to ensure that SaaS data is both protected and recoverable. Given the vulnerability of SaaS data to errors, cyberattacks, and vendor mishaps, robust backup solutions are indispensable.”
“Integrating Backup as a Service (BaaS) is essential for safeguarding cloud workloads and maintaining operational continuity. Furthermore, enterprises must understand the shared data responsibility model of SaaS applications and evaluate their vendors’ data protection measures. If these measures are inadequate, third-party solutions should be considered to guarantee comprehensive data protection,” said Hoeck.
Seventy-Five Percent of Large Enterprises Will Adopt BaaS Alongside On-Premises Tools by 2028
“Protection and recovery of SaaS applications have often been a lower priority for many enterprises,” said Hoeck. “This is due to confusion over the native SaaS vendor’s responsibility for data protection, and the lack of industry-level standardization. Limited API-based data access for protection and recovery from native SaaS vendors further complicates effective data protection, slowing support for third-party backup solutions.”
However, the SaaS application backup market is rapidly growing, initially led by specialized startups but now also includes established enterprise backup and recovery software solutions companies. Gartner predicts that by 2028, 75% of large enterprises will adopt BaaS alongside on-premises tools to back up cloud and on-premises workloads.
To effectively safeguard SaaS-based application data, Gartner suggests that organizations focus on:
Governance Assessment: Include data protection and recovery capabilities in the governance assessment of SaaS applications.
Vendor Capabilities: Verify the SaaS vendor’s ability to protect and recover data from all possible loss scenarios.
Third-Party Solutions: Use third-party SaaS backup solutions to complement the native capabilities of SaaS vendors. These solutions can improve administration, centralize and orchestrate protection of multiple SaaS applications, simplify processes, and offer improved granular recovery capabilities.
“As the market matures, it is essential for businesses to conduct thorough governance assessments and verify the capabilities of their SaaS vendors. Leveraging third-party backup solutions can significantly enhance data protection and recovery, ensuring that enterprise data remains secure and accessible,” said Hoeck.
Gartner analysts will provide additional analysis on insights and trends shaping the future of IT and business, including accelerating business transformation, application modernization, infrastructure and operations at the Gartner CIO & IT Executive Conference, taking place September 23-25 in São Paulo and November 19-21 in Dubai. Follow news and updates from the conference on X using #GartnerCIO.
Savoye introduces cutting-edge logistics solutions to KSA market at the first Saudi Warehousing & Logistics Expo
KSA’s rapidly transforming logistics landscape is projected to achieve a valuation of USD 15.31 billion and have 59 new logistics zones by 2030.
Savoye as a One-Stop-Shop producer and integrator for automation and software, will address key market bottlenecks to enhance the efficiency and productivity of warehousing operations
Savoye, a leading global warehouse automation integrator and software publisher, will showcase its comprehensive suite of advanced solutions at the first edition of the Saudi Warehousing &Logistics Expo, Riyadh from September 2 to 4, 2024. The event is poised to drive the adoption of advanced technologies within the Kingdom of Saudi Arabia’s (KSA) supply chain and logistics sector. Prominent industry leaders and innovators will convene at the event, spearheading crucial discussions on the industry’s future.
Savoye will leverage this platform to showcase its advanced solutions designed to address fulfilment challenges in logistics sector with a focus on retail, eCommerce, pharma, grocery and small parts distribution. Beyond these industry-specific solutions, Savoye will highlight its advanced warehouse automation (goods-to-person robotics systems, ASRS, packing machines, conveyors etc.) and software solutions (ODATiO OMS, WMS and TMS), which are tailored to enhance the efficiency and productivity of warehousing operations. Alain Kaddoum, Managing Director of Savoye Middle East and a distinguished industry expert, will introduce and discuss the multi-faceted capabilities of Savoye as a one-stop-shop for all advanced solutions, while addressing key market bottlenecks.
The event reflects KSA’s rapidly transforming logistics landscape, which is projected to achieve a valuation of USD 15.31 billion and have 59 new logistics zones by 2030.The ambitious logistics strategy also includes the creation of an expansive regional logistics network with airports, freight stations and 2,000 kilometres of railway lines for both freight and passenger transport.
Saudi Warehousing & Logistics Expo is the largest logistics, supply chain and warehousing event in the Kingdom, whichwill serve as a convenient and cost-effective platform to drive regional growth. KSA boasts a strategically significant location and a robust economy, positioning it as a central logistics hub, seamlessly facilitating exports to markets across Africa, Asia and Europe.
Alain Kaddoum said: “At Savoye, we are committed to driving innovation in the logistics and supply chain industry. We offer advanced automation solutions, catering to the unique requirement of the Middle East and Saudi market, driving efficiency, productivity and overall operational excellence. By combining advanced software solutions with technological innovations, we aim to enhance customer satisfaction, reduce costs and bolster the global supply chain landscape. We look forward to being a part of the Saudi Warehousing &Logistics Expo to further drive the Kingdom’s ambitious developmental goals.”
Savoye has garnered long-standing expertise in the Middle East region and is driving positive transformation within KSA since its entry into the market three years ago. Beyond its leading position in the market, the company aims to further consolidate its regional footprint and reaffirm its commitment to delivering top-tier solutions. As an organisation pioneering advanced integrations and innovations, Savoye tailors solutions to fulfil the diverse needs of KSA’s dynamic logistics and supply chain industry.
AIRBUS AND BOEING IN TALKS WITH SAUDI ARABIA FOR A POSSIBLE NEW CARGO CARRIER
Saudi Arabia’s Public Investment Fund (PIF) is reportedly looking at establishing a brand new cargo airline, supported by new orders with both Boeing and Airbus according to a recent report by Bloomberg. The PIF acts as the sovereign wealth fund of Saudi Arabia and was set up in 1971 by the country and is currently overseen by Crown Prince Mohammad bin Salman.
According to the report, the new cargo operation would complement and serve Saudia the flag-carrier, and Riyadh Air the country’s latest airline startup. Bloomberg’s sources also mention the Boeing 777 and Airbus A350 freighter variants to be of primary interest to the PIF, despite discussions being at an “early stage.” The PIF is not only speaking to the manufacturers but also lessors in an attempt to secure a deal of some kind.
After the launch of Riyadh Air it is clear that the Kingdom of Saudi Arabia hopes to compete on a global scale. Saudia Cargo’s current fleet is expected to continue to fly to the holy cities while Riyadh Air will take a more international focus.
The former’s most modern planes are its Boeing 777-200Fs, of which it has four. They have an average age of 9.1 years old and operate worldwide. Destinations include Guangzhou, Hong Kong and Liège for instance. They are each adorned with the Saudia Cargo livery.
The obvious competitors to Saudi Arabia’s new cargo airline would be Emirates and Qatar Airways. Their respective fleets are fairly significant at the moment, especially relative to Saudia Cargo’s current one. Both airlines also have several orders for additional cargo planes, meaning the PIF will need to work hard to really make a dent in their operations and ultimately steal market share in the region.
WestJet Cargo Expands Pet Transportation Services to Major European Destinations on International Dog Day
As the world marks International Dog Day on August 26, WestJet Cargo is pleased to announce the expansion of its pet transportation services to three major European airports: London Gatwick (LGW), London Heathrow (LHR), and Edinburgh (EDI). This expansion comes in response to the growing demand for secure and reliable international pet travel between Canada and Europe, reinforcing WestJet Cargo’s commitment to providing specialized care for pets during their journey.
“At WestJet Cargo, we recognize that pets are beloved members of the family, and their safety and comfort during travel are our utmost priorities. By extending our pet transportation service to LGW, LHR, and EDI, we are enhancing connectivity for pet owners and ensuring that their pets receive the highest standard of care throughout their journey,” said Kirsten de Bruijn, Executive Vice President of WestJet Cargo.
WestJet Cargo’s pet transportation service is tailored to meet the specific needs of all pets, including brachycephalic breeds, which require special attention during air travel. The airline strictly adheres to IATA’s Live Animals Regulations, and all pet transport occurs in pressurized, temperature-controlled cargo holds to ensure a safe and comfortable environment. Pet owners are provided with comprehensive pre-flight preparation guidelines, and WestJet Cargo maintains open communication throughout the journey, offering support in the event of any unexpected changes.
Pet owners and specialized freight forwarders can easily arrange transportation through WestJet Cargo’s customer service or online booking system. The service is designed to comply with European regulations, accommodating the specific requirements of international pet travel.
In addition to the new routes, WestJet Cargo has been operating year-round pet transportation services to Paris Charles de Gaulle (CDG) since this year. In response to continued strong demand, some of the routes scheduled to pause later this year will resume next year. Looking forward, WestJet Cargo plans to leverage its strong passenger network to further expand its pet transportation services across Europe.
ECS Group announces appointment of Zouber Hachemaoui as new Commercial Director for EFIS MAROC
ECS Group, the global leader in GSSA solutions, is pleased to announce the appointment of Zouber Hachemaoui as the new Commercial Director of its subsidiary, EFIS MAROC effective August 5th, 2024. This strategic move is part of ECS Group’s ongoing efforts to strengthen its presence in Morocco and enhance its sales expertise within the region.
Adrien Thominet, Executive Chairman of ECS Group, expressed his confidence in Hachemaoui’s leadership: “This appointment aligns with our strategy to embed strong sales expertise locally, reflecting the standards we uphold across the entire ECS Group network. With over 20 years of experience in the GSA field, Zouber is exceptionally well-suited to lead our operations in Morocco, where he will play a crucial role in driving commercial development and enhancing our partnerships with airlines and freight forwarders.”
Zouber Hachemaoui shared his enthusiasm about joining EFIS MAROC: “It is an honor to be part of such a dynamic and innovative organization. My main objective is to consolidate our network and continue delivering top-tier service to our customers. Morocco and Africa present immense growth potential, and by leveraging ECS Group’s extensive network, we can unlock new opportunities and solidify our position in these markets.”
Under Hachemaoui’s leadership, EFIS MAROC will focus on expanding its reach and providing tailored solutions to its customers, marking a significant step forward in ECS Group’s commitment to growth in Africa.
FedEx Integrates WhatsApp Notifications into Digital E-Commerce Delivery Solution for Consumers in Saudi Arabia
Integration of WhatsApp in FedEx® Delivery Manager International makes last-mile delivery even easier
Federal Express Corporation, the world’s largest express transportation company, has enhanced its FedEx® Delivery Manager International (FDMi) e-commerce solution with delivery notifications on WhatsApp, available in both English and Arabic, for package recipients in Saudi Arabia.
FDMi is an interactive e-commerce delivery solution that provides customizable delivery options and alerts. E-tailers using the solution can offer their customersthe ability tochoosethe timing and location of their deliveries to fit their schedule – and change the delivery address when the shipment is in transit – giving them extra flexibility at no extra cost.
“TheFDMiservice enhancement facilitates interactive communication for package recipients, providing themwith updates from pickup to delivery. This enhancement underscores our continuous efforts to streamline and simplify the last-mile delivery process, ensuring convenience for consumers, said Abdulrahman Al-Mubarak, managing director of FedEx Middle East operations.”
Recipients expecting inbound deliveries receive a WhatsApp notification from FedExupon shipment pickup. FedEx uses a META-verified WhatsApp business account which helps recipients mitigate online risks, such as WhatsApp scams perpetrated usingthe FedEx brand. Recipients can message and chat with FedEx directly in the language of their choice, as well asaccess tracking status and re-direct options with the click of a button directly in the WhatsApp chat window.
The integrationof WhatsAppinto FDMioffers considerable benefits to all participants in the e-commerce ecosystem. In an increasingly competitive online marketplace, FDMihelps e-tailers, especially SMEs,provide a differentiated service offer.Customers get more peace of mind through the traceability of their package on their mobile devices,as well as an enhanced online shopping experience. It also helps FedEx minimize delivery attempts to recipients who may not be present at the registered delivery address.
The WhatsApp instant messaging social media platform has more than 2 billion active monthly users globally, with over 22 million users in the Kingdom[1], making it one of the most popular communication apps in the country. The integration of WhatsApp into FD Mienhances its practicality as a solution for e-tailers to offer to their shoppers.
SIEMENS NEARS SALE OF AIRPORT UNIT TO TOYOTA’S VANDERLANDE
According to leading sources at Reuters, Siemens has chosen Toyota’s Vanderlande as a buyer for its airport logistics unit Siemens Logistics. While the exact terms are being negotiated and the deal is still pending Siemens’ supervisory board approval, two of the sources have confirmed that both Siemens and Vanderlande are in talks but have declined to comment on the matter at this time.
Vanderlande, owned by Japan’s Toyota Industries since 2017, is a Dutch producer of luggage conveyor belts and parcel-sorting systems used in more than 600 airports around the world. It employs 9,000 people and makes 2.2 billion euros (US $2.45 billion) in annual sales.
Siemens Logistics is the last among the so-called “portfolio companies” that the German industrial giant has been selling since 2019 to concentrate more on its core business. It expects proceeds in the lower three-digit million euro range from the sale, according to the company sources. The material handling and logistics automation company is based in Veghel, Netherlands.
Once finalized, this deal is expected to mark the conclusion of Siemens’ efforts to streamline its operations, allowing the company to focus more intently on its core competencies while Vanderlande strengthens its position in the global airport logistics market.
A comprehensive framework to enhance operational efficiency
Implementing a Strategy to Strengthen Presence in Oman Market
Gulf Warehousing Company Q.P.S.C (GWC) – one of the fastest-growing logistics businesses in the MENA region – is proud to announce that its wholly-owned subsidiary, FLAG Logistics, has received four prestigious ISO certifications, reaffirming its commitment to ensure the highest quality standards and global best practices.
FLAG Logistics has been awarded ISO 28000:2022 for Security Management System (SMS), along with three ISO Certifications for its Integrated Management System (IMS), which includes ISO 9001:2015 for Quality Management System (QMS), ISO 14001:2015 for environmental management systems (EMS), and ISO 45001:2018 for occupational health and safety management systems. These certifications were granted following a rigorous external audit, during which the company demonstrated full compliance with all requirements.
ISO certifications are globally recognized as the most prestigious international standards for quality, health and safety, environmental, and security management systems. They provide a comprehensive and reliable framework that enhances the company’s ability to improve operational efficiency, while maintaining the highest global standards through unified and integrated processes.
The ISO 28000 – 2022 standard provides a best practice framework to reduce security risks across all activities, functions and operations that have an impact on the security management of the organization including, but not limited to, its supply chain. Hence, it can be used throughout all aspects of security of the organization.
Implementing an Integrated Management System, FLAG Logistics ensures compliance with the quality standards and requirements of the ISO 9001:2015 standard. This certification is a testament to the company’s robust quality management system, which aligns with global best practices. It also confirms FLAG’s ability to consistently deliver high-quality products and services that meet and exceed expectations of customers, while also complying with all relevant legal and regulatory requirements.
In addition, the IMS incorporates ISO 14001:2015 standard, highlighting FLAG Logistics’ commitment to continuously improving its environmental management system and effectively managing its environmental responsibilities. By identifying opportunities and risks, the framework ensures the implementation of mechanisms to improve resource efficiency including recycling waste, and optimizing water and energy consumption. The ISO 45001:2018 certification, on the other hand, provides a framework for implementing the highest global standards for occupational health and safety, ensuring the well-being of the company’s workforce and their sustainable performance, while also focusing on enhancing the effective management of health, safety, and security.
FLAG Logistics is implementing a strategy to strengthen its presence in Oman, where it is the first company to launch at Khazaen Economic City. Strategically located near to transport links, borders, and within only two hours’ drive of 80% of Oman’s population, FLAG operates from a modern 50,000m² infrastructure in Khazaen Economic City, which is segmented into specialist areas, each tailored to address distinct logistical needs including dry, ambient, chilled and frozen warehousing, bulk storage, records management and marshalling areas. The warehouse and distribution centre measure 27,500m².
FLAG leverages GWC’s 20 years of knowledge and expertise to create new benchmark in the logistics industry, aiming to provide reliable and efficient logistics solutions to customers, including storage, freight forwarding, supply chain management, customs clearance, project logistics, sports logistics, event logistics, fine art logistics, and other advanced logistics solutions, along with a full range of records management solutions including collection, storage, retrieval and more.
FLAG also has offices and warehouses in key locations throughout the region, which allows it to provide its customers with the most efficient and cost-effective logistics solutions possible.
BSL New Energy Technology Co., Ltd., an innovative high-tech company that designs and manufactures smart lithium-ion batteries (50% more efficient than similar products on the market) for industrial forklifts used in the warehousing and distribution industries, has partnered with PF, a major European cold storage customer, to launch the largest fleet of lithium-battery-powered Crown forklift in the cold storage industry, with a deployed capacity of approximately 6.6 megawatt-hours (MWh).
“Lithium-battery systems eliminate time-consuming and expensive maintenance and provide longer life at extreme temperatures, especially in cold environments. As the company converts all existing and future material handling equipment to lithium batteries, the fleet will run better, longer, and consume less power.”
As one of the largest public cold storage companies in the world, PF has 30 facilities in Italy, France, and Spain. Many upcoming facilities are under construction. The company’s warehouses are below -30 degrees Celsius and face unique challenges that lead-acid batteries cannot solve. Specifically, lead-acid battery systems lose power and operating efficiency over a shorter cycle life, resulting in increased operating costs and performance degradation of up to 60%.
Tracy Shen, Sales Manager of the Power Division at BSL Battery – Industrial, said: “PF customers have seen immediate benefits from switching from lead-acid battery systems to lithium-ion systems. Lithium-ion systems eliminate time-consuming and expensive maintenance and maintain a longer service life at extreme temperatures, especially in cold environments. As the company strives to convert all existing and future material handling equipment to lithium-ion batteries, the fleet will operate better, longer, and consume less power.”
This heightened reality is challenging for cold storage facility operators who can’t meet demand. Doing more with less is imperative and lithium-ion batteries are a proven way to optimize equipment utilization. Why do BSLBATT Lithium-Ion batteries perform so well in cold storage operations?
BSL Battery – Industrial batteries were designed and tested to withstand the toughest environments and have added features to prioritize safety and performance in the cold.
• Active Heating: Our batteries have an individual heater on each module to provide continuous heating at temperatures up to -40°C
• UL Certification: This certification proves our commitment to providing safe products and ensures performance in the toughest conditions
• Board Thermal Insulation: Prevent battery energy loss during charging/discharging, and maintain a constant temperature!
• Silica Gel Desiccant: Silicone desiccant is added to each battery pack to prevent condensation from affecting the battery.
• Fully Enclosed: BSLBATT batteries achieve an IP67 rating due to their fully enclosed design. This element protects the battery from condensation, ice, and other liquids.
• Fast Charging: The battery can be charged faster, contributing to decreased downtime for heavy-use cold storage businesses, and it can also be charged within blast freezers and refrigerated warehouses.
PF customer said the company chose BSL Battery – Industrial because the company has more than 10 years’ of experience in developing innovative lithium systems for a variety of applications, including the power industry. It can provide local services to customers in the Netherlands, Italy, Spain, and France in Europe. In addition, PF customer executives also sought a partner that could provide more sustainable products, allowing customers to seamlessly and cost-effectively transition to lithium battery systems, and plans to make 100% of fleet operations powered by lithium batteries.
AD Ports Group Leveraging Digitalisation & Big Data for Smart Port Operations
Competition for shipping container traffic is intensifying as new trade agreements and alliances, geopolitical strife, supply chain constraints, and the growing economic power of the Global South alters long-established maritime routes. Key to the success of many of the ports, during these turbulent times, has been the deployment of emerging technologies to digitalise operations in order to become so-called smart ports.
AD Ports Group (ADX: ADPORTS), a leading facilitator of global trade, logistics, and industry offers a case study in the successful implementation of digitalisation, in its white paper titled “Digitalisation for Enhanced Efficiency: Leveraging Data for Smart Ports”. This publication serves as a valuable resource for understanding the dynamics of digital transformation in the maritime sector and its critical role in enhancing global trade efficiency.
Presented in the white paper is an in-depth analysis of the transformative impact of digital technologies on port operations that outlines strategic approaches to harnessing data for increased operational efficiency, sustainability, and competitiveness. Furthermore, it delves into the challenges and successes of digitalisation across various global ports, with a focus on Asia, Africa, and South America, regions that have seen significant advancements in port technology. It highlights how the deployment of cutting-edge technologies and data-driven strategies has been instrumental in reshaping traditional port operations to meet modern demands.
Dr. Noura Al Dhaheri, CEO of Digital Cluster & Maqta Gateway, AD Ports Group said: “When applied to ports, big data and digital-twin technology is set to transform a wide range of operations. This technology can store different streams of information from ports, logistics, sensors and positioning networks; and process that information in real time, which allows ports to create multidimensional models that help optimise port supply chains, reducing delays and congestion at the facilities and increasing the efficiency of the different stakeholders involved.” Key insights from the white paper include, a detailed examination of the technological innovations driving the evolution of traditional ports into smart ports, including the use of IoT, AI, and blockchain technologies. AD Ports Group presents a case study exploring its strategic implementation of digital solutions across the Group’s network, demonstrating tangible benefits such as improved efficiency and reduced operational costs.
Captain Ammar Mubarak Al Shaiba, CEO – Maritime & Shipping Cluster, AD Ports Group, said: “Undoubtedly, digitalisation increases productivity in port management and operations processes, which allows us to be more competitive. Port customers and stakeholders value most the following: greater transparency, reliability, greater operational efficiency and productivity. All this cannot be achieved without digitalisation.”
Crucially, the Group’s experts address common obstacles such as software incompatibility, cybersecurity risks, and resistance to change within the industry. In addition, providing an analysis of new regulations and legislation, including the mandatory implementation of Maritime Single Windows (MSWs) at the beginning of 2024, and the impact on port operations globally.
The white paper “Digitalisation for Enhanced Efficiency: Leveraging Data for Smart Ports” is available for download on the AD Ports Group website, providing stakeholders with comprehensive insights into the future of smart port operations.
MAERSK OPENS ITS LARGEST LOGISTICS PARK AT JEDDAH ISLAMIC PORT
The well-known Danish shipping group Maersk has opened its largest logistics park in the Middle East at Jeddah Islamic Port in collaboration with the Saudi Ports Authority (Mawani).
The 225,000 square metres (sqm) Maersk Logistics Park, built at the cost of US $250 million, is the largest single-site logistics and services facility in the Middle East, the company claimed in a press statement.
The logistics park will provide highly efficient logistics services to support the movement of trade and export to foreign markets and enhance the work of supply chains and logistics, Saudi Minister of Transport and Logistics Services and chairman of Mawani Saleh bin Nasser Al-Jasser said.
The logistics park will offer integrated logistics solutions under one roof, providing multi-modal connectivity between ocean, land and air transport, warehousing solutions catering to B2B and e-commerce requirements, temperature-controlled warehousing and custom-bonded setup.
In keeping with sustainable compliances, the facility will draw up to 70 percent of its electricity from 32,000 solar panels installed over 64,000 sqm on the rooftop. The park will use electric equipment and electric trucks within the facility as well as low electricity-consumption LED lighting optimised with light sensors.
The park is designed for various industries, including FMCG, frozen food, automotive, retail and lifestyle, petrochemicals, electronics and pharmaceuticals. It will also offer distribution solutions, including first- and last-mile deliveries, as well as customs clearances, visibility solutions and a control tower.
Saudia Cargo Accelerates Export Growth with ‘Landing in China in 24’ Campaign
Saudia Cargo has unveiled its latest campaign, ‘Landing in China in 24’ designed to highlight the company’s swift and reliable shipping services to multiple destinations across China. This initiative underscores Saudia Cargo’s commitment to empowering Saudi exports and ensuring they gain a strong foothold in the competitive Chinese market, opening doors to substantial growth and expansion opportunities.
The campaign is closely aligned with Saudi Arabia’s Vision 2030, which emphasizes the growth of non-oil exports and the diversification of the Kingdom’s revenue streams. Saudia Cargo is dedicated to offering advanced logistics solutions that not only bolster Saudi exports but also expand their reach in global markets. The ‘Landing in China in 24’ campaign highlights the company’s dedication to optimizing export operations, showcasing its superior logistical and technological capabilities in efficiently managing global shipping demands.
Additionally, the campaign aims to deepen trade ties between Saudi Arabia and China by positioning Saudi products prominently in one of the world’s most vital markets, thereby driving economic growth. The ‘Landing in China in 24’ is in close collaboration with the ‘Made in Saudi’ initiative, championed by the Saudi Export Development Authority, which focuses on enhancing the global recognition and quality of Saudi products.
Marwan Niazi, Vice President of Commercial at Saudia Cargo, stated: “Through this campaign, we aim to enhance our shipping capabilities and broaden our export scope to the Chinese markets by optimizing export operations and providing advanced logistic services that align with the growing global market demands and commercial connections. We have focused on facilitating the access of Saudi products to the Chinese markets and showcasing our logistical capabilities and operational efficiency.”
“The campaign has generated substantial engagement across social media platforms from partners and related sectors, including the National Competitiveness Center, the National Livestock and Fisheries Development Program, the Saudi Export Development Authority, and the General Authority of Foreign Trade. This demonstrates the widespread interest and support for the campaign,” Niazi stated.
China is Saudi Arabia’s main merchandise trading partner. In 2023, the value of Saudi exports to China was 16.1 billion SAR, representing 17% of total exports. This highlights the continuous upwards trend supporting the opening of new commercial channels and destinations in China.
Saudi Cargo operates 18 weekly cargo flights to Hong Kong, Guangzhou, Shanghai & Shenzhen, Additionally, the company offers an extra ten weekly flights on Saudia Airlines passenger aircraft from Guangzhou and Beijing to further enhance cargo capacity.
LUFTHANSA CARGO WELCOMES NEW FREIGHTER AIRCRAFT IN FRANKFURT
The newest freighter in the Lufthansa Cargo fleet has also been given its name “¡Hola Argentina!” within the “Say hello around the world.”
Lufthansa Cargo recently welcomed its 18th B777 freighter at Frankfurt Airport. The long-haul freighter was transferred directly from the Boeing factory in Everett, USA, to the cargo airline’s largest hub. The event took place on 17th August 2024.
“We are delighted to welcome another efficient freighter to our fleet. This will allow us to provide our customers with additional capacity, continue to grow in the air freight market and enable global business. This means that we can align our network even more closely with our customers’ needs and also offer solutions to market changes at short notice. In addition, the B777F remains the most efficient and modern freighter in its class. Our latest aircraft is therefore another important investment in our modern long-haul fleet and contributing in making air cargo more sustainable,” explains Ashwin Bhat, CEO of Lufthansa Cargo. The newest freighter in the Lufthansa Cargo fleet has also been given its name “Hola Argentina!” within the “Say hello around the world.”
As one of the leading air freighters, Lufthansa Cargo utilizes the belly capacities of Lufthansa, Discover, Brussels, Austrian Airlines and Sun Express. This enables the Lufthansa Group’s logistics expert to offer its freight customers the transportation of their shipments with up to 7,000 flights a week to over 350 destinations worldwide.
Lufthansa Cargo currently operates a full B777F fleet of 12 of its aircraft on long-haul routes. In addition, six B777 freighters are operated by AeroLogic, a joint venture between DHL and Lufthansa Cargo. The global network is additionally supplemented by a total of four A321 freighters on short and medium-haul routes. From this summer, these will not only operate to and from Frankfurt, but will also connect the Munich hub directly to the freighter network.
A fleet of foiling, electric ships is set to be deployed on the Red Sea.
In a landmark deal, the Candela P-12, the world’s first electric hydrofoil ship, will service the planned water network in NEOM, the gigantic, sustainable development taking shape in Northwest Saudi Arabia. NEOM has procured an initial batch of 8 of the foiling, electric shuttle ships, making it the largest announced order in Candela’s history.
“The P-12 is designed to create zero-emission water transport systems which have significant improvements over traditional water commuting” says Gustav Hasselskog, CEO and founder of Candela.
“Unlike legacy systems with large, slow, and energy-inefficient conventional ferries, the Candela P-12 is a smaller and faster unit, allowing much more frequent departures and quicker journeys for passengers. All daily necessities and services will be just a short boat commute away.”
Candela P-12 was launched last year and is set to debut in Stockholm’s public transport during fall 2024.
Flying above the waves on computer-guided underwater wings, hydrofoils, the P-12 uses 80% less energy than conventional ships, allowing it to combine long range and high speed for the first time in an electric vessel. With a speed of 25 knots and more than 2 hours of endurance, the Candela P-12 holds the distinction of being the fastest and longest-range electric passenger ship to date.
The hydrofoils also unlock a new level of comfort. Passengers will fly smoothly over the Red Sea, as the P-12’s digital flight control system balances the ship 100 times per second by adjusting the hydrofoils’ angle of attack, keeping it stable even in winds and waves.
As fuel usage rather than the manufacturing phase makes up the bulk of a ships’ environmental impact, energy efficiency is crucial to curb emissions. Since Candela’s foiling vessels use 80% less energy than conventional ships of the same size, a life cycle analysis performed by the KTH Royal Institute of Technology in Stockholm concluded that a P-12 will emit 97.5% less CO2 during its lifetime compared to a conventional diesel vessel of the same size.
The Candela P-12 seats between 20 and 30 people depending on configuration.
The electric Candela C-POD motors, located in pods underwater, are exceptionally silent and create minimal disturbance for marine wildlife. When flying, the P-12 creates only a negligible wake, allowing for quicker journeys where conventional ships are speed-restricted due to their massive and damaging wakes.
“We’re extremely proud to provide a vessel system designed with both passengers and the environment in mind. Short waiting times, quick connections, and a very enjoyable experience without taxing the environment with wakes, emissions, and noise will revolutionize how we travel on water,” said Gustav Hasselskog of Candela.
AD PORTS’ NOATUM ENTERS EGYPT MARKET FORMING AN EXTENSIVE STRATEGIC ALLIANCE
Safina to be rebranded as Noatum Maritime Egypt
The AD Ports Group, subsidiary Noatum, has acquired a majority stake in Safina BV, a maritime agency and cargo services provider in Egypt and across the Middle East.
This strategic move marks a significant milestone for Noatum Maritime as it strengthens its foothold in the Mediterranean and Middle East regions.
AD Ports Group has a presence in over 50 countries and an extensive portfolio that includes 33 terminals. The recent acquisition of Safina aligns with the company’s broader expansion strategy, following its recent entry into the Turkish market and the signing of concession agreements by AD Ports Group for the management of cruise and Ro-Ro terminals in Egypt’s key ports, including Safaga, Hurghada, Sharm El Sheikh, and Sokhna.
With over four decades of experience, Sainfa is a prominent player in Egypt’s maritime industry, providing comprehensive agency services to the metals, minerals, and fertilisers sectors.
The company operates from six strategic locations, including its Cairo headquarters, and services 15 Egyptian ports, covering both the Mediterranean and Red Sea regions.
Terry Gidlow, CEO of Noatum Maritime, says, “The move enhances our presence in key markets and enables us to strengthen our service offering across Egypt, the Middle East, and North Africa.”
Safina will be rebranded as Noatum Maritime Egypt. The company’s founders will retain a minority stake and continue to support its growth under the new brand.
Turkish Cargo, the air cargo brand of Turkish Airlines, has received the IATA Smart Facility Operational Capacity Certification. This prestigious certification, received for the SMARTIST Terminal, confirms that Turkish Cargo’s operational procedures comply with IATA Regulations (IATA Cargo Handling Manual, Dangerous Goods Regulations, ULD Regulations, Temperature Control Regulations, Live Animals Regulations and Perishable Cargo Regulations).
At SMARTIST, one of the state-of-the-art cargo facilities in the world, cargo is stored and transferred using a computer-controlled Automated Storage and Retrieval System (ASRS), eliminating the need for an operator or forklift. Additionally, ULD storage processes are automated through the ULD Storage System. These smart storage management systems not only expedite operational processes by allocating the workforce to more value-added tasks but also minimize potential risks and reduce costs.
Commenting on the certification, Ali Türk, the Chief Cargo Officer of Turkish Airlines, said; “With a focus on maximizing customer satisfaction, Turkish Cargo aims to become the industry leader by 2033. This vision guides all our investments and business processes. The IATA Smart Facility Operational Capacity Certification is a significant endorsement of our brand, as it not only verifies that SMARTIST meets international quality standards but also demonstrates that our digital solutions, smart systems, operations, and human resources are all aligned with our future goals.”
“We are pleased to announce that Turkish Cargo has achieved IATA’s Smart Facility Operational Capacity (SFOC) Certification for its SMARTIST Terminal. This certification highlights Turkish Cargo’s commitment to operational excellence, ensuring that all types of cargo are handled seamlessly, securely, and in full compliance with global standards. The SMARTIST Terminal sets a high bar for cargo facilities worldwide, and SFOC Certification reinforces Turkish Cargo’s vision of leading through maximizing customer satisfaction,” said Brendan Sullivan, IATA’s Global Head of Cargo.
The IATA SFOC Certification is granted following detailed examinations conducted by independent auditors according to IATA standards. This prestigious certification demonstrates the compliance of handling and storage processes, from the acceptance of all special and general cargo to their loading onto the aircraft, with global standards. As a result, it enhances the operational efficiency and competitive strength of the facilities, ultimately boosting customer satisfaction.
“Everyday AI promises to remove digital friction, by helping employees write, research, collaborate and ideate,” said Matt Cain, Distinguished VP Analyst at Gartner. “It is a core part of DEX, which is a concentrated effort to remove digital friction and improve workforce digital dexterity, which itself is one of the key factors that will drive organizational prosperity through 2030.”
2024 has been a critical year for digital workplace application leaders, as the focus on hybrid and remote work dwindles and the need for a strategic concentration on everyday AI rises. Everyday AI is placed on the Peak of Inflated Expectations on the Gartner Hype Cycle for Digital Workplace Applications, 2024 (see Figure 1).
Figure 1. Hype Cycle for Digital Workplace Applications, 2024
Source: Gartner (August 2024)
Everyday AI Is Crucial to Enhance Workforce Productivity
“Everyday AI technology aims to help employees deliver work with speed, comprehensiveness and confidence,” said Adam Preset, VP Analyst at Gartner. “It supports a new way of working, where intelligent software is acting as more of a collaborator than a tool. The digital workplace is now entering the era of everyday AI.”
As technology vendors seek ways to improve productivity among workers that go beyond traditional application and feature enhancements, they can look towards everyday AI. This technology not only delivers productivity benefits, but also provides new marketable offerings such as tools to help workers find and synthesize relevant information, answer questions more comprehensively and produce work artifacts more easily.
“Everyday AI will become more sophisticated, moving from services that, for example, can sort and summarise chats and email messages to services that can write a report with minimal guidance,” said Preset. “In many ways, everyday AI is the future of workforce productivity.”
Increased Emphasis on Organizations to Have a DEX Strategy
Nearly all employees are becoming digital employees as they spend more time working with technology than ever before. Because of this, organizations must have a strategy to measure and improve DEX to attract and retain talent to improve employee engagement and maximize discretionary effort and intent-to-stay.
Business leaders are looking for guidance on how technology can help boost productivity and organisational alignment. DEX emphasizes best practices that boost digital dexterity, attract and retain talent, and help employees deliver against business outcomes.
DEX is in the Trough of Disillusionment on the Hype Cycle, meaning that interest is waning as experiments and implementations fail to deliver. To increase the appeal and relevance around DEX, business leaders should take a holistic approach across IT and non-IT partners to build a meaningful environment that empowers employees to adopt new ways of working.
Gartner analysts will provide additional analysis on insights and trends shaping the future of IT and business, including accelerating business transformation, application modernization, infrastructure and operations at the Gartner CIO & IT Executive Conference, taking place September 23-25 in São Paulo and November 19-21 in Dubai. Follow news and updates from the conference on X using #GartnerCIO.
New office strengthens GAC’s support for energy transition and enhances shipping services
Algeciras, Spain, 14 August 2024 – GAC Spain, a leading provider of shipping and logistics services in the Iberian Peninsula, has opened a new office at the Port of Huelva, enhancing its support for customers within the country’s shipping and energy sectors.
The opening of GAC Spain’s newest office strategically positions the global ship agent to serve its existing dry and liquid bulk customers, as well as gas carriers at Huelva, with a suite of specialised services. These include ship agency, husbandry, bunker fuels, customs clearance, crew change support and freight services, especially ship spares logistics.
Expansion of its footprint to Huelva comes after the ship agent opened an office at the Port of Algeciras, Spain’s largest port, in November 2023 to cater to vessels passing through the Strait of Gibraltar and support Spain’s growing green energy sector.
“As development of infrastructure for both green hydrogen and renewable energy continues to gain momentum in the south of Spain, our presence in both Huelva and Algeciras become increasingly vital for supporting our customers,” says Sergio Delatorre, Managing Director of GAC Spain.
“We are committed to supporting our ship owner and ship management customers wherever they go. Now, with enhanced capabilities, we are better placed than ever to serve them in true GAC style, leveraging our global reach and local knowledge to support their strategic goals,” he added.
Huelva’s green credentials
The Port of Huelva, among the top ten Spanish ports in terms of port traffic, saw an impressive handling of over 7.8 million tonnes of goods from January to March this year, a 7.71% increase from the previous year. The total movement of bulk liquids surged by 9.16% to over 6 million tonnes during the same period, positioning Huelva as a key energy hub for both conventional and renewable fuels. The port is the second biggest port in Andalusia, trailing only Algeciras, where GAC Spain has its head office.
Part of the Andalusia Green Hydrogen Valley – Spain’s most ambitious renewable hydrogen project and one of the largest in Europe – the Port of Huelva plays a pivotal role in Spain’s energy transition. The €3 billion (US$3.2 billion) project, spearheaded by Spanish energy giant CEPSA, aims to accelerate the shift towards sustainable energy with the construction of two green hydrogen production facilities in Palos de la Frontera in Huelva, and San Roque in Campo de Gibraltar, Cadiz. These facilities will have a combined electrolysis capacity of 2GW, capable of producing up to 300,000 tonnes of green hydrogen annually. Their construction will also enhance the production of 2GW of biofuels and derivative products such as green ammonium and methanol, supporting the decarbonisation efforts of CEPSA customers in the manufacturing and heavy road transportation sectors.
In addition, the port’s Sustainable Cold Logistics Hub, a cutting-edge initiative, is designed to enhance energy efficiency and reduce the environmental impact of logistics operations. Described by the Port Association as an “innovative circular economy project”, the hub utilises residual cold from the LNG port terminal to power refrigerated storage facilities within the port. This system optimises energy usage and significantly lowers operational costs, achieving up to 50% savings in energy expenses for the port’s users. This initiative reinforces the port’s role as a key player in Spain’s logistics and energy sectors.
The carrier enhanced its special product range, with notable growth in its SecureTech product, achieving a 95 per cent increase in revenue. PharmaLife tonnage increased by 9 per cent.
Etihad Cargo has strategically adapted to the e-commerce market, implementing dedicated charters and extending contracts to handle large volumes efficiently, reinforcing Abu Dhabi’s status as a logistics hub.
The carrier expanded its global network, strengthening partnerships and increasing capacity, particularly in China, Southeast Asia, and North America, while maintaining high operational reliability with an 87.7 per cent Delivered as Promised rate.
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has reported significant growth in H1 2024. The carrier reported a 17 per cent increase in tonnage from H1 2023 to H1 2024. This robust performance underscores Etihad Cargo’s commitment to meeting the dynamic needs of its global customers through innovation and strategic expansion.
Regionally, Etihad Cargo has achieved significant growth, particularly in the East, where tonnage increased by 19 per cent. The Western region also saw a substantial tonnage increase of 20 per cent, while the UAE experienced a 15 per cent growth in tonnage.
Reflecting on this growth, Stanislas Brun, Vice President Cargo, commented: “Etihad Cargo has demonstrated agility, adapting to evolving customer needs and responding to increased demand across key markets. The carrier has strategically increased freighter and belly capacity to support regional growth and Etihad Cargo’s partners. Achieving double-digit tonnage growth is a testament to the team’s dedication and the effectiveness of Etihad Cargo’s expansion strategies. Building capabilities within regional teams and ensuring the highest standards of operational excellence across the carrier’s global network have been crucial to this success.”
Adapting to the growing e-commerce market, Etihad Cargo has implemented strategic initiatives, including dedicated charters for the express transportation of e-commerce goods. With contracts extended until December 2024, Etihad Cargo is well-positioned to handle large volumes efficiently. The strategic location of Zayed International Airport and the carrier’s expertise in handling express and e-commerce cargo have solidified its status as a hub for e-commerce transit. These developments underscore Etihad Cargo’s commitment to supporting the dynamic e-commerce sector and the development of Abu Dhabi as a premier logistics hub.
Stanislas commented, “Etihad Cargo’s focus on taking a customer-centric approach to growth has been integral to the carrier’s success. By enhancing product offerings, Etihad Cargo can continue to meet the evolving needs of customers and partners, delivering exceptional service across the globe to remain the air cargo partner of choice.”
To provide more capacity globally, the carrier’s summer schedule introduced 24 passenger flights to new destinations including Antalya, Bali, Al-Qassim (Saudi Arabia), Jaipur, Malaga, Mykonos, Nice, and Santorini. It has also increased passenger flights to existing routes by 70 per week, bringing the total number of flights offering belly capacity to 865. The carrier also launched a new freighter route to Madrid in July, operating two weekly Boeing 777 freighter flights, bringing it to a total of 36 weekly freighter-only flights, enhancing its European network and supporting e-commerce connectivity from Asia to Europe.
With the aim of enhancing customer experience and driving growth, Etihad Cargo recently announced a major transformation of its organisational structure. The carrier’s global network has been restructured into four regions—South Asia and Oceania, North Eastern Asia, Europe and Americas, and Africa, Middle East and CIS— each led by newly appointed regional directors. Additionally, Etihad Cargo will further develop its dedicated Customer Experience Department to ensure high levels of service and customer satisfaction. This change will bring the organisation closer to its customers and improve market-specific capabilities.
Etihad Rail launches its Sustainable Finance Framework for green investments in transportation and infrastructure
Etihad Rail, the developer and operator of the UAE National Rail Network, has launched its Sustainable Finance Framework, a comprehensive guide designed to link the company’s future financing to its ESG Strategy in relation to Clean Transportation, Green Buildings and Pollution Prevention and Control.
The framework which was developed in collaboration with various industry experts, as well as First Abu Dhabi Bank and Standard Chartered Bank, who served as co-ESG advisors, providing expertise and insights to ensure the framework’s robustness and alignment to the Green Loan and Bond Principles.Furthermore, the framework was validated through a Second Party Opinion (SPO) from Det Norske Veritas (DNV).
The framework establishes a structured approach for Etihad Rail to evaluate parameters in the financing of sustainable projects, detailing four main components: Green Loan and Bond Principles that ensure alignment with international sustainability standards, Use of Proceeds to define clear criteria for the allocation of funds towards sustainable projects, Project Evaluation and Selection that implements a rigorous process to identify impactful projects, and Management of Proceeds and Reporting to ensure transparency and accountability in fund utilisation.
As part of Etihad Rail’s ESG strategy, the framework encompasses mechanisms for environmental risk assessment and promotion of transparency in implementing ESG initiatives. By integrating environmental considerations into investment decisions, companies can mitigate environmental risks, capitalise on emerging sustainable markets, and solidify their commitment to environmental stewardship and social responsibility. The framework not only guides investment decisions but also fosters collaboration and knowledge-sharing among industry peers, regulators, and investors, thereby accelerating the transition to a more sustainable financial system.
Company is driving the modernisation of maritime legal framework following UAE’s Federal Decree-Law No. 43 of 2023.
Grandweld Shipyards, a leading fully-integrated shipyard within the maritime and offshore industries, successfully delivered its latest vessel – the ‘FNSA 7′ – based on Grandweld Shipyards’ world-class design, the Grand Superior, to Fujairah National Shipping LLC.
This significant milestone underscores Grandweld’s strong focus on innovation andtechnological excellence in shipbuilding and is inline with the UAE’s Vision 2031 initiative, which aims to position the country as a global partner and aninfluential economic hub for trade, shipping, and other activities.
Equipped with advanced real-time remote monitoring system and digitalisation package, the FNSA 7 is a multi-mission and high-performance vessel that meets the standards of major offshore oil operation companies, such as ADNOC,ARAMCO, and more. Grandweld’s technology on this vessel will maximize operational effectiveness and minimise environmental impact, demonstrating the company’s commitment to utilizing cutting-edge marine technologies to improve sustainability and efficiency.
Jamal Abki, General Manager of Grandweld Shipyards commented, “The delivery of our Grand Superior class vessel to Fujairah National Shipping LLC marks an important milestone for Grandweld Shipyards, reflecting our shared goals of innovation, technological advancements, and sustainability. The Port of Fujairah, with easy access to international shipping routes, is the only multipurpose port in the UAE’s eastern coast. Fujairah National Shipping plays a crucial role in the regional maritime industry, thanks to its unrivalled array of services for ship owners, operators, charterers, managers, and brokers, as well as its ongoing investments in the port’s natural assets and strategic location. We are proud to support the UAE’s maritime sector by providing advanced vessels that meet the highest international standards and are honoured to serve Fujairah National Shipping in its mission to enhance the regional maritime industry.”
In keeping with the UAE government’s Federal Decree-Law No 43 of 2023 on Maritime Law, which became effective on March 29, 2024, Grandweld Shipyards has remained at the forefront of modernising the legal framework for maritime activities that adheres to international standards.
Khameis M Khaddeim, CEO of Fujairah National Shipping LLC, stated “We are delighted to have received the FNSA 7 from Grandweld Shipyards, as this cutting-edge vessel will significantly improve our operational capabilities, allowing us to provide more efficient and sustainable services to our clients. The FNSA 7 demonstrates Grandweld’s dedication to quality and innovation, and we are eager to make use of this new tool to further solidify our position within the regional maritime industry. With this new addition to our fleet, we continue to uphold our commitment to operational excellence and implement transformative technologies in maritime operations, enabling us to excel in the sector.”
With a fully integrated shipyard that provides comprehensive shipbuilding, ship conversion, ship repair, and engineering solutions tailored to meet the various needs of the maritime sector, Grandweld Shipyards continues to be an innovator in the maritime and offshore industry. At more than 55,000 square metres, the state-of-the-art shipbuilding facility in Dubai Maritime City (DMC) is the largest in the area and a testament to Grandweld’s ability to deliver advanced vessels that serve global offshore, port, and security operations.
Salam Air launches a 3-day sales campaign: ” Low Fare- Mega Sale” to Oman, starting from OMR 19, targeting GCC nationals and residents.
SalamAir, The Low-Cost Airline of Oman, is pleased to announce the launch of its new promotion, Low Fare- Mega Sale. This promotion offers low fares in the GCC region for travelers who want to experience Oman’s beauty and culture during Autumn and Winter. The promotion is available from Bahrain, Baghdad, Dubai, Doha, Dammam, Fujairah, Kuwait, and Riyadh. With SalamAir’s Light Fares promotion, travelers can secure their bookings early and enjoy the lowest fares available.
The ‘Low Fare- Mega Sale” is designed to welcome GCC nationals and residents to Oman. It provides an affordable opportunity to explore the country’s stunning landscapes, rich history, and vibrant cities, as a budget-friendly travel experience.
“We are excited to launch the ‘Low Fare- Mega Sale ‘sales campaign, highlighting our commitment to promote inbound tourism to the sultanate of Oman,” said Sherif Hosny, Marketing Director, SalamAir. “This initiative reflects SalamAir’s strategy of offering the lowest fares for early bookings while allowing passengers to tailor their travel experience to their needs.
The ‘Low Fare- Mega Sale”. offer is available for booking for 3 days and for travel from 16 September 2024 to 31 March 2025. Fares are available exclusively on www.salamair.com and mobile apps, passengers are encouraged to book their flights early to take full advantage of these great offers to Oman and beyond.
Teleport, an integrated logistics provider, and Etihad Cargo have partnered together to inject cargo capacity and frequency on their respective cargo network between Southeast Asia and the Middle East, with plans to increase frequency in the near future. This move is against a backdrop of growing airfreight demand and trade between the two regions.
Trade between the Gulf nations and emerging Asian nations continue to show high growth momentum, surging 35% from US$383bil in 2021 to US$516bil in 2022, and is expected to reach US$757bil by 2030[1], outstripping growth rate with Western nations such as the US, UK and the Euro Area. At the same time, air freight demand continues to pose double digit growth across all regions, having risen 14.1% as of June 2024[2].
Since signing the partnership in May this year, Teleport has deployed its freighters for Etihad to ship machines, raw materials, phones and chip sets among others, from Ho Chi Minh to Kuala Lumpur twice a week, with onward connection via Etihad’s capacity to Abu Dhabi and beyond. This partnership also enables both parties to maximise the available passenger belly capacity especially out of leisure hubs such as Bali and Phuket, by leveraging on each other’s network strength. Etihad will deepen its connectivity in Southeast Asia on the back of Teleport’s extensive network in the region, while Teleport leverages on Etihad’s strong global network to expand its network reach into the Middle East, Europe, Americas and the African regions. By the end of this year, the partnership is expected to see 1600 tonnes of cargo moved between the two destinations with potential for an increase in flight frequency and new routes.
Stanislas Brun, Vice President of Cargo at Etihad Cargo said, “We continue to anchor our strategy on key partnerships that will enable us to better serve our customer needs while supporting global trade. This recent partnership with Teleport is important to enhance our connectivity to Southeast Asia, and we are confident that through the integration of their freighter operations and our capacity, we are able to continue to grow and build a more efficient and robust network that better serves both regions, and quickly. The market environment is highly favourable to grow our presence here today, and with a strong air partner like Teleport.”
Jagedeswaran Nadrajah, Head of Air Partners at Teleport, commented “The integration of Etihad’s global network with our largest Southeast Asia network has opened up a more dynamic way to connect cargo between these two regions – leveraging on the strengths of both our networks. This is valuable to both our existing and new customers trading between two important regions. This sort of synergy is testament to what Teleport has been building through its Air Partners programme as a win-win solution for all Teleport Air Partners, where we can continue to build and grow, and never fly empty.”
Allison Transmission Strengthens Middle East Reputation with Significant Sales Growth in Saudi Arabia
Allison Transmission has strengthened its reputation in the Middle East with a significant milestone in Saudi Arabia. A new partnership with HINO Motors has led to the deployment of over 80 HINO 500 Series trucks, equipped with the Allison 3000 Series™ six-speed fully automatic transmission, to Fire and Hazard Control Co in the Kingdom.
This achievement marks a substantial growth for Allison from the initial delivery of eight trucks in 2022, highlighting an increased demand for Allison’s advanced transmission solutions in the region. These trucks are primarily utilised for the distribution of utility equipment and the mounting of mobile cranes, showcasing the versatility and reliability of the Allison 3000 Series transmissions.
Equipped with the Allison 3000 Series, the HINO 500 Series trucks are designed to handle the rigorous demands of utility operations. The transmission’s patented torque converter amplifies engine torque up to 1.77 times, providing powerful starting performance essential for heavy-duty tasks. Additionally, Allison’s Continuous Power Technology™ ensures seamless power transfer to the wheels, minimizing torque loss and ensuring efficient and reliable operation.
“The positive reception we have seen and growing demand for the Allison 3000 Series in Saudi Arabia brings us excitement over what the future holds for us in the region, as it also serves as testament to the reliability and performance of our products,” said Muhammad Ibrahim Khan, Allison Transmission’s Area Manager for Middle East & Pakistan. “Our partnership with HINO Motors and Fire and Hazard Control Co. demonstrates our commitment to providing robust solutions that meet the specific needs of our clients in the Middle East.”
The growing fleet of HINO 500 Series trucks in Saudi Arabia demonstrates the suitability of Allison transmissions for the region’s challenging conditions. The transmissions’ durability, power and reliability are key factors driving their adoption in the Middle East.
Allison’s commitment to innovation and quality has resulted in robust transmissions capable of withstanding harsh environments, making them ideal for a wide range of applications. The successful partnership with HINO Motors in Saudi Arabia underscores Allison’s role as a leader in the global transmission market and highlights its ongoing dedication to supporting the needs of utility and commercial customers in the Middle East.
Air cargo charter Magma Aviation, which relies on airline contractors to operate its five Boeing 747-400 jumbo jets, is adding two narrowbody freighter aircraft to the fleet to serve customers in the Middle East and Africa.
The cargo management company, headquartered in Gatwick, England, recently announced the appointment of Peter Kerins as CEO. He replaced Conor Brannigan, who stepped down July 31 to join New York-based cargo airline Atlas Air as vice president of strategy. Magma Aviation said in late July it had acquired two converted freighters – an Airbus A321 and a Boeing 737-800 – and based them in Dubai.
Magma Aviation is part of the sprawling aviation conglomerate Avia Solutions Group based in Dublin and with roots in Lithuania. It is part of Chapman Freeborn, a large air charter broker Avia acquired in 2019.
Magma Aviation DMCC is the name of the new aircraft marketing company established in Dubai. Keinyte previously was CEO of Iceland-based Bluebird Nordic, another Avia Solutions company that closed its doors in April after business slowed during a lengthy freight recession that hurt all carriers to varying degrees before easing late last year.
Keinyte said Magma’s geographic expansion was made to meet growing demand from freight forwarders and charter brokers for air transport in the Middle East, Africa, Europe and the Indian subcontinent. The aircraft are already operating on an ad hoc basis.
Few companies operate both the A321 and 737-800 passenger-to-freighter aircraft. Airlines tend to prefer one type or the other for operational and fleet efficiency reasons.
Health and Safety Awareness Campaign for Al Wukair Tenants
Ranjeev Menon: Supporting Qatar’s aim to become a major global logistics hub
Al Wukair Logistics Park is a thriving Centre for Various Activities, Attracting a Wide Range of Companies
Gulf Warehousing Company Q.P.S.C (GWC) – one of the fastest-growing logistics businesses in the MENA region, has successfully concluded a Health and Safety awareness campaign for tenants of Al Wukair Logistics Park. This initiative underscores GWC’s commitment to supporting and accelerating the growth of Small and Medium-Sized Enterprises (SMEs).
The week-long event focused on the latest health and safety solutions and global standards. It also showcased health and safety best practices and strategies to prevent occupational hazards, highlighting the company’s efforts to ensure a safe environment for all employees and contractors. Additionally, the campaign covered topics on how to protect public health andenvironment through proactive strategies, while addressing multiple topics such as personal protective equipment (PPE), waste management, fire safety, and vehicle and traffic safety inside Al Wukair.
Ranjeev Menon, Group CEO of GWC, said: “We augment our initiatives to boost the MSMEs sector in line with Qatar’s Third National Development Strategy and National Vision 2030, which aim at developing a diversified economy and supporting Qatar’s transformation into a pivotal global logistics hub. GWC is dedicated to empowering MSMEs growth by implementing global best practices and solutions. As part of its commitment to safety in all aspects of its operations, GWC also has a Safety Observation Reporting (SOR) System —a streamlining process that encourages all employees to report workplace observations they encounter on a day-to-day basis to help identify and mitigate occupational hazards and unsafe conditions in the workplace. Thus, transferring GWC’s expertise to MSMEs represents a cornerstone of its support strategy, fostering growth and innovation within the sector.
Last June, GWC launched Al Wukair Logistics Park Directory, a comprehensive platform designed to boost the growth of MSMEs growth and enhance partnerships and alliances within the local market, empowering them to succeed and achieve their goals.
The first and second phases of Al Wukair Logistics Park have successfully attracted a significant number of micro, small, and medium-sized enterprises. Spreading across 1.5 million square metres, GWC Al Wukair Logistics Park is dedicated to light industry infrastructure required for the operational success of MSMEs. With various light industrial workshops, warehousing units, and open yards, the park has been designed to meet all types of warehousing and distribution requirements for sector-wide enterprises.
Al Wukair logistics park offers a one-stop-shop for leasing a warehouse or workshop, company formation formalities, including applications for necessary permits, and logistics operations. Start-ups who work with GWC benefit from years of local, regional and international experience, along with a global, integrated network. GWC’s deep, hard-earned knowledge of the local market makes Al Wukair Logistics Park the ideal destination for businesses to avail of and enjoy the best logistics infrastructure.
The Logistics Park is part of GWC’s mandate to offer a broad spectrum of services ranging from end-to-end logistics services, from point of entry to point of use and highly coordinated reverse logistics, thus giving MSMEs the chance to boost their bottom line and take advantage of new business opportunities.
NETWORK AIRLINE SERVICES SELECTS SAFE AIR GSA IN UAE
As part of a major restructuring, Network Airline Services (NAS), the global GSA company of Network Aviation Group (NAG), has signed an agreement with Kenyan carrier Safe Air to provide cargo sales and marketing for the carrier in Oman and the UAE. Safe Air operates regular cargo services between Nairobi and Juba in South Sudan, and Mogadishu in Somalia. Recently, it has also launched a weekly service to Port Sudan and Djibouti. Established in 2007, the company offers both passenger and cargo flights across Africa and the Middle East from its base in Nairobi, Kenya.
Network Aviation Group’s Sales Director, Andy King, was at the contract signing in Kenya, along with Safe Air representatives. An official release by Network Aviation Group states, “The companies have jointly operated charter flights across East Africa and the Horn of Africa supporting humanitarian efforts in Sudan, Somalia, and Yemen. Network has offices in Dubai and Muscat, and will also support Safe globally from the companies’ offices in Europe and USA.” This appointment marks Network’s first GSA representation of the K3 airline.
Network Aviation Group’s Sales Director Andy King and Safe Air representatives at the contract signing in Kenya.
Aramex Delivers Double-Digit Net Profit Growth in H1 2024 Despite Seasonal Challenges
Reaffirming stronghold in key markets: Both International Express and Domestic Express achieved significantyear-over-year(YoY)volumegrowthof32%and5%respectively,expandingourcustomer base while maintaining goodservice levelsin the first halfofthe year(H1 2024). Freight Forwarding navigated acomplex environment, marked by increased rates and competition, achieving growth in volumes in H1 2024, as it focuses on consolidating its position on key lanes. Logistics onboarded several new customers during the first months of the year, effectively replacing legacy accounts.
StrongRevenueGrowth:Aramexachievedarobust8%YoYincreaseinrevenueforbothH1andQ2 2024,drivenbyrevenuegrowthfromallproductslines.Therevenueperformanceinthefirsthalfof the year is attributed to new customer wins and volume growth.
Effective Cost Management: The Company maintained a tight control over Group Selling, General, and Administrative Expenses (SG&A), with costs growing in line with revenue in H1 2024. Selling expenses increased in line with the company’s strategy to focus on sales specialism, while G&A were wellmanaged,delivering astableSG&A-to-revenueratioof20%,animprovement of0.7ppsoverH1 2023.
Improved Profitability: The first six months of the year saw a solid 5% YoY increase in Gross Profit,withahealthyGrossProfitMarginof24%amidongoingefficiencymaximizationandcostoptimization efforts. Net profit showed a steady rise of15% YoYin H1 this year, driven by a 20% growth in EBITand an improved EBIT margin, indicating strong operational performance despite Q2 2024 impact.
2024FullYearOutlook: Aramex ispoised to sustain itsgrowth momentum acrosskeyproduct linesin the second half of the year and is expected to deliver a good performance for the full year 2024 with an estimated growth of 8% to 9% in Group Revenues and anapproximate Gross Profit Margin of 24% to25%.Thecompanywillcontinueitsstrategicinvestmentsininfrastructureandtalenttobroadenits customer base and prioritize exceptional service, keeping it on course to meet year-end targets.
BalanceSheet:Aramexcontinuestobewell-positionedwithacashpositionofAED457millionanda Net Debt-to-EBITDA ratio of 0.9x (excl. IFRS16) as of 30 June 2024. Management’s focus on value creation delivers 40 basis points improvement in ROIC, currently standing at 5.2% for H1 2024.
Dubai, UAE – Thursday, 8 August 2024: Aramex (DFM: ARMX) a leading global provider of comprehensive logisticsandtransportationsolutions,announceditsfinancialresultsforthesecondquarter(“Q2”)andfirsthalf (“H1”) ending 30 June 2024.
InThousandsofUAEDirhams
Q22024
Q22023
%Change(YoY)
H12024
H12023
%Change(YoY)
Revenues
1,496,254
1,388,839
8%
3,036,955
2,820,336
8%
GrossProfit
345,131
345,546
(0%)
740,532
703,546
5%
GrossProfitMargin
23%
25%
24%
25%
EBIT
46,962
52,762
(11%)
139,369
115,762
20%
EBITMargin
3%
4%
5%
4%
EBITDA
134,930
143,293
(6%)
316,104
296,456
7%
EBITDAMargin
9%
10%
10%
11%
NetProfit
2,893
18,960
(85%)
49,458
42,869
15%
NetProfit Margin
0%
1%
2%
2%
Seasonalityimpact
Q2 2024 was expected to be a softer quarter for the company, impacted by seasonality and loss of productive days. The impact was further amplified due to adverse weather conditions in the UAE causing operational disruptions and slowdowns in business and consumer activity for nearly a week.
This year, the Ramadan season was observed entirely in Q1, resulting in Q2 not benefiting from the peak festive demand and increased consumer spending seen in Q2 2023 in several markets.
Additionally, the two public holidays (Eid al-Fitr and Eid al-Adha) in Q2 2024 with extended vacation daysresultedinslowerbusinessactivityoverall,andinfeweroperationalworkingdaysacrossdifferent countries.
The loss of productive days and the seasonality impact in Q2 2024 is estimated at approximately AED 45 million in lost revenues and AED 8.8 million in lost net income for Q2 2024 for the Group.
Therefore, dueto theimpact and shift inseasonalitybetween thesequarters, it is morerelevant to look at the half year performance in 2024 as an indication of this year’s financial situation and progress compared to last year.
OthmanAljeda,ChiefExecutiveOfficerofAramex,said:“Wearepleasedtoreportagoodperformanceinthe first half of 2024, which underscores our strategic focus on growth. We delivered a healthy revenue growth of 8% YoY and a Net Profit increase of 15% YoY in H1 2024, despite a challenging Q2 2024.
”Weareproud ofthededication andhardworkofourAramexians,spearheadingthisrobust performance.We expanded our customer base and delivered solid volume growth across our product lines, reinforcing our stronghold and leadership position in our key markets. Both International Express and Domestic Express achievedsignificantvolumegrowthwhilemaintainingstrongservicestandards.FreightForwardingnavigateda complex operating environment, delivering good growth in volumes for the first half of the year. Our Logistics businesssuccessfullyonboardednewcustomersinitswarehousesduringH12024andreplacedlegacyaccounts.
“We are monitoring the regional developments and Red Sea complexities closely. Despite the recent global macroeconomic headwinds and the regional disruptions, we are robustly positioned to deliver resilient performance in the second half of the year and achieve our year-end targets.”
”We remain committed to demonstrating the resilience and adaptability of our strategies to market dynamics andcreatinglong-termvalueforourstakeholders.Wewillcontinueourinvestmentsincriticalprojects,ensuring we are well-prepared to capitalize on growth opportunities. Looking ahead, we are confident in our ability to deliver quality service and enhance operational efficiency to meet the evolving needs of all our customers.”
FinancialPerformanceCommentary
Inlinewithexpectations,inthefirsthalf(H1)of2024,Aramexsawstrongrevenuecontributionfromallproducts withrevenuegrowingby8%yearonyear(YoY)inH12024drivenbynewcustomerwinsandanincreasedfocus on sales specialism. The performance was further supported by impressive volume growth of 32% in InternationalExpress,5%inDomesticExpressalongwithstronggrowthinfreightvolumes inH12024.Revenue performanceinQ22024maintainedpositivemomentum,alsorecordingan8%increase,comparedtoQ22023.
The Company posted an increase of 5% YoY in Gross Profit in H1 2024 to AED 741 million, and a stable Gross Profit of AED345 million in Q2 2024. The Gross Profit margin was healthy at 24% in H1 2024 and at 23% in Q2 2024.
Costswerewellmanaged,withtheGroupSelling,General,andAdministrativeExpenses (SG&A)growinginline with revenue delivering a stable SG&A-to-revenue ratio of 20% for both H1 2024 and Q2 2024.
Q2 2024 was expected to be a softer quarter for the company, impacted by seasonality. EBIT declined 11% to AED47million.Furthermore,Q22024netprofitdeclinedtoAED2.9million,impactedby1)approximatelyAED
8.8 million from seasonality and adverse weather effects and 2) negative FX impact of AED 5.1 million coming primarily from the devaluation of the Egyptian pound.
For the half year period, Net profit remained on an upward trajectory, reaching AED 49.5 million in H1 2024, a significant 15% YoY increase, driven by a 20% growth in EBIT and an improved EBIT margin.
AramexhasastrongcashpositionofAED457millionandaNetDebt-to-EBITDAratioof0.9xasof30June2024. Management’sfocusonvaluecreationdelivers40basispointsimprovementinROIC,currentlystandingat5.2% for H1 2024.
ProductPerformance
InternationalExpress(IncludingParcelForwarding)
InThousandsofUAE Dirhams
Q22024
Q22023
% Change(YoY)
H12024
H12023
% Change(YoY)
Revenues
589,300
561,041
5%
1,235,105
1,127,622
10%
GrossProfit
188,104
188,324
(0%)
407,246
372,120
9%
GrossProfitMargin
32%
34%
33%
33%
InternationalExpressShipmentVolumes
Inmillionsofshipments
Q22024
Q22023
% Change(YoY)
H12024
H12023
% Change(YoY)
Total Number ofShipments
6.7
5.5
21%
14.4
10.9
32%
In line with expectations, International Express revenue for the first half of 2024 reached AED 1.2 billion, markinganimpressive10%YoYincrease.Thesegmentalsodemonstratedsolidquarterlyperformance,with Q2 revenue growing by 5% YoY.
Aramexsuccessfullyhandled14.4millionshipmentsinH1,withshipmentvolumesgrowingsignificantlyby 32% YoY for H1 and 21% YoY for Q2.
GrossProfitforH12024was reportedatAED407.2million,reflectinga9%YoYgrowth andahealthymargin of 33%. Gross Profit for Q2 2024 was stable with a healthy margin of 32%.
Domestic shipment volumes remained strong, growing by 5% in the first half of the year to reach 51 million shipments. Q2 2024 volumes also saw solid growth, increasing by 4% compared to the same period last year, mainlyattributedto theturnaroundstrategyinOceania. Revenueswereup7%inQ22024and6%inH12024. Excluding the impact of currency devaluation, revenue grew 9% YoY for both periods.
The Gross Profit Margin increased to 22% in Q2 2024 compared to same period last year, attributed to operationalefficienciesandachangeinthecostprofileofdomesticandinternationalexpress products.Asa reminder, higher volumes in international express lead to a higher allocation of fixed direct cost to the international express product, benefitting the cost profile of the domestic express product. Both domestic express and international express products run on the same infrastructure.
Freight-Forwarding
InThousandsofUAE Dirhams
Q22024
Q22023
% Change(YoY)
H12024
H12023
% Change(YoY)
Revenues
411,266
358,609
15%
809,806
744,042
9%
Gross Profit
51,920
56,601
(8%)
108,457
117,752
(8%)
GrossProfitMargin
13%
16%
13%
16%
Freight-ForwardingShipmentVolumes
Q22024
Q22023
% Change(YoY)
H12024
H12023
% Change(YoY)
AirFreight(KGs)
11,009,289
10,813,056
2%
23,431,971
21,972,042
7%
SeaFreight (FCL TEU)
7,518
8,039
(6%)
15,340
15,042
2%
Sea Freight(LCLCBM)
6,847
5,576
23%
19,002
11,647
63%
LandFreight (FTL)
6,731
6,582
2%
14,624
13,411
9%
LandFreight (LTL KGs)
50,469,732
38,483,702
31%
99,429,900
74,840,758
33%
TheFreightForwarding segment reportedasolidYoYrevenuegrowthof9%in H12024 and15%inQ22024, boosted by increased shipment volumes particularly across land and air freight. Sea freight volumes were effectively managed despite disruptions in the Red Sea shipping lanes.
The Freight Forwarding business performance aligns with global industry complexities and fluctuating market conditions in addition to the Q2 seasonal impact seen in the region.
Focusing on expanding volumes on key trade lanes, freight made additional investments in sales specialism during the quarter. The increase in freight rates and a fierce competitive environment pressured the margins during Q2 2024, as the Company focused on scaling up. Gross Profit Margins were recorded at 13% for both periods.
LogisticsandSupplyChainSolutions
InThousandsof UAE Dirhams
Q22024
Q22023
%Change (YoY)
H12024
H12023
%Change (YoY)
Revenues
107,671
106,217
1%
214,274
213,260
0%
Gross Profit
12,356
16,297
(24%)
28,687
32,500
(12%)
GrossProfitMargin
11%
15%
13%
15%
TheLogisticsandSupplyChainSolutions segmentreportedstablerevenuesinH1 2024,andamarginal1% growth in Q2 2024 compared to the same period last year.
Logistics onboarded several important customers during the first months of the year, effectively replacing legacy accounts that transitioned out over the last 18 months. To support this, additional investments were made in infrastructure and personnel, as the business ramped up operations in its warehouses in Q2 2024. Theseinvestmentsledtoincreasedcosts includingmobilizationcosts andoptimizationofwarehousesforthe new customers.
Subsequently, Gross Profit declined by 12% in H1 and by 24% in Q2 2024. Despite these short-term pressures, we have a positive outlook for Logistics in H2 2024 on the back of the new customer wins, and will focus on unlocking value going forward.
Currency devaluations continue to impact the financial profileof the Logistics product. Excluding the impact of exchange losses, Logistics revenues were up 5% YoY in Q2 2024, and GP was down 17% YoY in Q2 2024 versus the reported 1% and negative 24%, respectively.
ETIHAD CARGO ANNOUNCES ORGANISATIONAL TRANSFORMATION TO ENHANCE CUSTOMER EXPERIENCE AND DRIVE GROWTH
Etihad Cargo has transformed its organisational structure to improve customer experience, support business growth, and align more closely with customer needs.
The global network has been restructured into four regions (South Asia and Oceania, North EasternAsia, Europe and Americas, and Africa, Middle East and CIS), each managed by newly appointed regional directors to enhance market-specific capabilities and customer proximity.
A dedicated Customer Experience Departmentaims to build stronger relationships and meet customer expectations through enhanced oversight and coordination.
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has announced a comprehensive transformation of its organisational structure to further enhance customer experience, support business development, and drive continued growth. The new structure will enable the carrier to align more closely with the needs of its customers with a new allocation of regions and the creation of a dedicated Customer Experience Department.
The transformation has restructured Etihad Cargo’s global network into four regions managed by newly appointed Directors: South Asia and Oceania (SAPAC, India, Vietnam, Australia) led by Bernard Lee; North Eastern Asia(China, Hong Kong and Macau, Korea, Japan, Taiwan) led by Jacqueline Han Lin Ni;Europe and Americas (North Europe, Central Europe, South Europe, UK and Ireland, Americas) led by Rainer Krammer; and Africa, Middle East and CIS (GCC, UAE, Africa, Levant, CIS) led by Grant Kemp. This regional segmentation is designed to enhance capabilities in key markets and bring the organisation closer to its customers, allowing for more effective and tailored responses to specific requirements.
To enhance customer service and satisfaction, the carrier is further developing its Customer Experience Department. Led by Lubna Allaham, this dedicated department will improve the customer journey withadditional customised customer-centric solutions, ensuring Etihad Cargo can continue to deliver high levels of service across all touchpoints.
Etihad Cargo will also strengthen its sales team and reinforce its commitment to the UAE market with the appointment of Rayan Alhaddar to the new role of Senior Manager Business Development Cargo Manager.
Stanislas Brun, Vice President Cargo, commented on the transformation: “Etihad Cargo is committed to building strong partnerships to achieve mutual growth and success. This new structure will enable Etihad Cargo to work even more closely with its customers and better understand their specific needs. With the appointment of new regional managers and senior leaders, I am confident that the team is well-equipped to deliver exceptional results and drive the continued success of Etihad Cargo. This ensures our services and products are aligned with customer expectations, delivering a superior experience for all.”
Dr Nadia Al Bastaki, Chief People and Corporate Affairs Officer at Etihad Airways, added: “This new organisational structure underscores the vital importance of the Cargo division to Etihad’s vision and ambitious plans for growth. By enhancing Etihad Cargo’s regional capabilities and focusing on customer experience, the carrier is not only improving its service offering but also reinforcing its commitment to being the air cargo partner of choice. Etihad is confident that this new organisation will drive the cargo division’s continued evolution and success, fully aligned with the airline’s core values.”
Etihad Cargo is confident this new organisational structure will enable it to deliver improved customer service and operational excellence, ensuring customer satisfaction and sustained growth.
QATAR AIRWAYS CARGO UNVEILS ‘MY ALLOTMENTS’: NEW FEATURE INTRODUCED ON ITS DIGITAL LOUNGE PLATFORM
This new enhancement is testament to the airline’s commitment to simplify cargo booking services through digital transformation.
Qatar Airways Cargo has launched the “My Allotments” feature on its website within the Digital Lounge portal, setting a new standard in cargo booking efficiency and intuitiveness.
The allotment dashboard signifies a big leap in the airline’s digital transformation journey. As the world’s largest air cargo carrier, Qatar Airways Cargo is leading the industry, providing customers with a personalised allotment view and instant confirmation of their bookings while at the same time allowing customers to directly book allotments via the Digital Lounge platform. The feature will also help in preventing overbooking by allowing customers to easily track available inventory and optimised pre-planning of allotment shipments.
Customers can book their allotments quickly and complete their bookings with just a few clicks. Additionally, the Digital Lounge portal offers a personalised experience, by showing upcoming allotments, so customers can book, with real-time updates on the remaining capacity available on the flight. These enhancements align with Qatar Airways Cargo’s continuous upgrades to the Digital Lounge since its launch, including auto-confirmation for bookings, 24/7 helpdesk, advanced tracking and tracing and making the entire booking journey for its customers efficient and seamless.
Mark Drusch, Chief Officer Cargo at Qatar Airways Cargo commented: “The ‘My Allotments’ feature in our Digital Lounge booking portal is proof of Qatar Airways Cargo’s commitment to leading the industry in technology, innovation and customer-centricity. This platform not only streamlines the booking process for our clients but also embodies our dedication and drive towards digitalisation and providing real-time solutions that enhance efficiency and planning. We are proud to set a new standard in the cargo industry, focusing on the requirements and feedback of our customers to continuously improve their cargo booking experience.”
Qatar Airways Cargo encourages its customers to take advantage of the multiple benefits of online booking by signing up to Digital Lounge today.
Federal Express Corporation has upgraded its shipping services in Beijing and Tianjin by optimizing its air cargo network to enhance service efficiency in these cities. This improvement better connects local customers to markets in Asia, Europe, the Middle East, and Africa.
With immediate effect FedEx has reduced transit time for inbound shipments for Beijing and Tianjin by one day. The cut-off time for same-day outbound shipments has also been extended to 4:30 p.m. in Beijing and 3:30 p.m. in Tianjin, offering customers more time and greater flexibility. Additionally, FedEx has increased its weekly capacity in these cities to meet the growing import and export needs of local customers. This upgrade provides more efficient shipping services for customers using FedEx International Priority® service for outbound shipments, and both FedEx International Economy® and FedEx International Priority® services for inbound shipments.
“FedEx remains committed to optimizing its air transport network in China to provide more flexible and valuable solutions for local customers,” said Poh-Yian Koh, Senior Vice President of FedEx and President of FedEx China. “Supported by our air cargo partner, these upgraded international shipping services in Beijing and Tianjin will enhance the connection between the Beijing-Tianjin and markets in Asia, Europe, the Middle East, and Africa. They will also help accelerate foreign trade in the region and support the stable growth of global trade.”
As the Beijing-Tianjin-Hebei region continues to develop, its logistics ecosystem plays an increasingly critical role in unimpeded domestic and international economic flow, supporting the sustainable growth of foreign trade. This year marks the 10th anniversary of the Beijing-Tianjin-Hebei coordinated development strategy, celebrating a decade of building an economic powerhouse for China’s opening up. The total value of foreign trade has increased from RMB 3.74 trillion in 2014 to RMB 5.03 trillion in 2023, up 34.4%.[1] In the first half of this year, the region saw its import and export value increase by 4.6% year-over-year to RMB 2.54 trillion, a record high level for the same period in history. [2]
This year also marks the 40th anniversary of FedEx operations in China. Since 1984, FedEx has been committed to expanding its logistics network and service portfolio to support the development of China’s supply chain. Last month, FedEx launched two new flights to the United States from Qingdao and Xiamen and plans to establish international gateway facilities at each location.
Emirates Global Aluminum, the largest ‘premium aluminum’ producer in the world, today announced the world’s first bauxite cargo shipment using a Liquefied Natural Gas-fueled vessel.
The shipment, in a Capesize ship, is carrying bauxite mined by EGA subsidiary Guinea Alumina Corporation to a customer in China.
LNG-fueled ships can achieve up to 28 per cent lower greenhouse gas emissions on a tank-to-wake basis compared to vessels using traditional marine bunker fuel, according to SEA-LNG, a multi-sector industry coalition. The global shipping industry as a whole was responsible for over two per cent of the word’s greenhouse gas emissions in 2022, according to the International Energy Agency.
The bauxite shipment is onboard the Ubuntu Empathy, an LNG dual-fueled vessel operated by Anglo American and chartered by EGA. The vessel is one of Anglo American’s 10-strong chartered fleet of lower emission LNG dual-fueled vessels.
Capesize vessels are amongst the largest bulk cargo carriers in the world, and are up to 300 metres long – the length of two football fields – and 50 metres wide. Capesize vessels can carry around 180 thousand tonnes of bauxite ore.
EGA predominantly uses Capsized vessels to ship bauxite ore from the Republic of Guinea to the company’s alumina refinery in Abu Dhabi and to third-party customers around the world. Last year, EGA exported some 14.1 million wet metric tonnes of bauxite from Guinea.
Bauxite is the ore from which aluminium is derived.
Abdulnasser Bin Kalban, Chief Executive Officer of Emirates Global Aluminum, said: “Aluminum plays an essential role in decarbonisation economy-wide. It is also important how sustainably aluminum is produced, and this includes the transportation around the world of millions of tonnes of raw materials. Our approach to decarbonisation is comprehensive and extends beyond our operations to include everything from supply chain to financing. LNG-fueled cargos are one way for us to reduce our emissions, and we are proud to pioneer this fuel for shipping bauxite. Our goal is to reach net zero by 2050, including from our supply chain, and help meet the increasing global demand for the low carbon aluminum.”
EGA’s bauxite mining subsidiary GAC makes EGA one of the biggest merchant bauxite suppliers in the world. GAC began production in 2019.
EGA was the first aluminum producer and the first Middle East company to join global shipping and maritime sustainability initiative, the Sea Cargo Charter, in 2023.
In 2022, EGA signed an agreement with one of its shipping partners, “K” Line to develop and implement new marine decarbonisation technologies suitable for EGA’s bulk cargo shipping routes in the eastern Atlantic Ocean, Mediterranean Sea and Indian Ocean.
Al Sharqi Shipping Honored with Maersk’s Most Valuable Partner Award for 2023
Al Sharqi Shipping is proud to announce that it has been awarded the prestigious Maersk Most Valuable Partner 2023 Award. This accolade recognizes Al Sharqi’s exceptional performance, innovation, and commitment to excellence in the logistics and shipping industry across the United Arab Emirates.
Award Presentation and Recognition
Maersk, a global leader in integrated container logistics, honored Al Sharqi Shipping for their outstanding partnership, consistent volume, and significant contributions to joint operations. This award underscores Al Sharqi’s role as a reliable shipping companies in Dubai.
“We are honored to receive the Maersk Most Valuable Partner 2023 Award,” said Kashif Rafiq, CEO and Board Member at Al Sharqi Shipping and Logistics. “This recognition is a testament to our team’s hard work and dedication. We look forward to continuing our successful partnership with Maersk and driving further growth together.”
Maersk is a global leader in integrated container logistics, connecting and simplifying trade to help customers grow. With a vast network, Maersk provides end-to-end logistics services, ensuring efficient supply chain management worldwide.
AD Ports Group Champions Innovation and Sustainability as Official Sponsor of The Arctic Challenge
AD Ports Group, one of the world’s premier facilitators of logistics, industry, and trade, today announced its sponsorship of The Arctic Challenge, a pioneering expedition dedicated to exploring and addressing the environmental impact of climate change in the Arctic region.
The Arctic Challenge aligns perfectly with the Group’s belief that the integration of Environmental, Social, and Governance (ESG) considerations into its business practices drives sustainable growth, creates long-term value for all stakeholders and leads the maritime industry towards a greener future.
Eiman Al Khalaqi, Senior Vice President, Innovation, AD Ports Group, said:, “Our support for The Arctic Challenge underscores our dedication to innovation and sustainability. As a key player in the global maritime industry, we recognise the vital importance of the Arctic in the global climate system and the pressing need to protect it. This partnership allows us to contribute our expertise and resources to a cause that has far-reaching implications for the environment and future generations. The Arctic Challenge is not only a great way to inspire the local community and next generation to design sustainable solutions, but also educates them on the importance of sustainability and the impact climate change is having on our planet. Our focus on innovation in environmental research and the adoption of new smart technology, will set new standards for sustainability and environmental care.”
Through this partnership, AD Ports Group will provide critical support for the Arctic Challenge, enabling the expedition team to leverage advanced technologies and innovative methodologies in their research. This collaboration will facilitate the collection of comprehensive data on the Arctic’s changing environment and promote the development of sustainable solutions.
The Group’s involvement in the Arctic Challenge will also include the integration of smart technologies and eco-friendly practices that are hallmarks of the organisation’s operational strategy. The application of innovative approaches to environmental research will help set new benchmarks in sustainability and environmental stewardship.
Ad Ports Group is also committed to enhancing community support and capacity building within the UAE. Through the Arctic Challenge, the Group aims to engage and inspire the local community by sharing insights and knowledge gained from the expedition. This initiative will also provide opportunities for capacity building, encouraging the development of skills and expertise in environmental research and sustainability practices.
Toby Gregory, Project Director, The Arctic Challenge, expressed appreciation for the support: “We are honoured to have AD Ports Group as a sponsor. The Group’s commitment to innovation, sustainability, and community support greatly enhances our mission and enables us to push the boundaries of environmental research and drive impactful change in the Arctic region.”
As the expedition progresses, the findings and insights will be shared with the global community, highlighting the essential role of the Arctic and the need for collaborative action to protect it.
Gartner Predicts 30% of Generative AI Projects Will Be Abandoned After Proof of Concept By End of 2025
With GenAI, There Is No One-Size-Fits-All, and Costs Aren’t as Predictable as Other Technologies
At least 30% of generative AI (GenAI) projects will be abandoned after proof of concept by the end of 2025, due to poor data quality, inadequate risk controls, escalating costs or unclear business value, according to Gartner, Inc.
Rita Sallam, Distinguished VP Analyst at Gartner said, “After last year’s hype, executives are impatient to see returns on GenAI investments, yet organizations are struggling to prove and realize value. As the scope of initiatives widen, the financial burden of developing and deploying GenAI models is increasingly felt.”
A major challenge for organizations arises in justifying the substantial investment in GenAI for productivity enhancement, which can be difficult to directly translate into financial benefit, according to Gartner. Many organizations are leveraging GenAI to transform their business models and create new business opportunities. However, these deployment approaches come with significant costs, ranging from $5 million to $20 million (see Figure 1).
Figure 1: Costs Incurred in Different GenAI Deployment Approaches
Source: Gartner (July 2024)
“Unfortunately, there is no one size fits all with GenAI, and costs aren’t as predictable as other technologies,” said Sallam. “What you spend, the use cases you invest in and the deployment approaches you take, all determine the costs. Whether you’re a market disruptor and want to infuse AI everywhere, or you have a more conservative focus on productivity gains or extending existing processes, each has different levels of cost, risk, variability and strategic impact.”
Regardless of AI ambition, Gartner research indicates GenAI requires a higher tolerance for indirect, future financial investment criteria versus immediate return on investment (ROI). Historically, many CFOs have not been comfortable with investing today for indirect value in the future. This reluctance can skew investment allocation to tactical versus strategic outcomes.
Realizing Business Value
Earlier adopters across industries and business processes are reporting a range of business improvements that vary by use case, job type and skill level of the worker. According to a recent Gartner survey, respondents reported 15.8% revenue increase, 15.2% cost savings and 22.6% productivity improvement on average. The survey of 822 business leaders was conducted between September and November 2023.
“This data serves as a valuable reference point for assessing the business value derived from GenAI business model innovation,” said Sallam. “But it’s important to acknowledge the challenges in estimating that value, as benefits are very company, use case, role and workforce specific. Often, the impact may not be immediately evident and may materialize over time. However, this delay doesn’t diminish the potential benefits.”
Calculating Business Impact
By analyzing the business value and the total costs of GenAI business model innovation, organizations can establish the direct ROI and future value impact, according to Gartner. This serves as a crucial tool for making informed investment decisions about GenAI business model innovation.
“If the business outcomes meet or exceed expectations, it presents an opportunity to expand investments by scaling GenAI innovation and usage across a broader user base, or implementing it in additional business divisions,” said Sallam. “However, if they fall short, it may be necessary to explore alternative innovation scenarios. These insights help organizations strategically allocate resources and determine the most effective path forward.”
Gartner analysts will provide additional analysis on generative AI and trends shaping the future of IT and business, including accelerating business transformation, application modernization, infrastructure and operations at the Gartner CIO & IT Executive Conference, taking place September 23-25 in São Paulo and November 19-21 in Dubai. Follow news and updates from the conference on X using #GartnerCIO.
Emil Frey optimises route planning and process management with solutions from EPG ONE™ Supply Chain Execution Suite
Just-in-time and express deliveries are everyday challenges in automotive spare parts logistics. Reliable partners such as EF Logistik GmbH, an Emil Frey Group company, play a critical role in this respect. EF Logistik supplies car workshops and showrooms across Germany with spare parts from twelve locations. Assisted by digital process management, a customized route plan optimises the logistics processes across different item types, including those with short delivery times and high order volumes, thus ensuring efficient handling in the hub and punctual deliveries.
With the aim of optimising route planning and designing the processes between ware- houses and on the road more efficiently, EF Logistik decided to implement the EPG (Ehrhardt Partner Group) transportation management system Green plan Execution back in summer 2021. Specifically adapted to the logistics service provider’s needs, the route planning system is enhanced by the multi-award-winning route planning algorithm Green plan Engine.
The EPG ONE app acts as a mobile interface between the dispatcher and the contracted carrier. It not only offers a digital solution for workflow design and process documentation but also provides automatic proof of delivery and intuitive driver assistance. Software support for a complex route plan Stuttgart-based EF Logistik GmbH handles more than 1,000 orders daily at its Kassel ware- house location spread over 10,000 square metres, serving up to 500 customers with a large number of different routes. These customers comprise car workshops which urgently re- quire spare parts for repairs and wholesalers which need to replenish their warehouse stocks.
Integrating returns in route planning also forms an increasingly important part of daily work. This leads to complex supply chains with strict schedules, which pose a real challenge for carriers and dispatchers, especially as distances, volumes and customer requirements are continually changing. Green plan Execution provides the automotive retailer with the best possible support for planning these daily routes thanks to its dynamic route planning. Dispatchers are able to define optimal route calculations themselves using weighted factors, such as available vehicles, routes and customer specifications. Road-specific traffic flow speeds dependent on the time of day are taken into account in conjunction with the multi-award-winning Green- plan Engine routing algorithm.
Alessandro Fabris, Logistics Project Manager at Emil Frey, explains: “Introducing the Green plan Execution all-inclusive solution has brought numerous advantages for our route planning, particularly with regard to transparency, reliability and compliance with quality standards. The system was specially designed for our express de- livery service and specific enhancements are undergoing development. The transfer function allows goods to be loaded into other vehicles en route and this in particular will enable us to map out distribution to customers more effectively.”
Smart workflow design and meticulous documentation, the EPG ONE app assists the spare parts expert’s drivers and dispatchers extensively in handling the risk of incorrect deliveries, the increasing complexity of deliveries and the strict requirements for process documentation. The mobile app helps drivers with handling processes on site and offers dynamic, adjustable workflows. The direct feedback for the dis- patchers concerned enhances operative transparency while also allowing flexible adjustment to route planning. “When the EPG ONE app was introduced, flawless documentation for goods handover was a priority,” explains Patrick Nierentz, Product Manager at EPG. “Here, the EPG ONE app provides high-performance support for carriers and drivers.
Each movement is automatically documented and it is significantly easier to provide proof that the order is fulfilled from the departure check through to the delivery note thanks to our proof-of-delivery functions. Digital checklists in the driver app also help with full inspections of transported goods. Any damage or difficulties with the delivery can be documented on the spot.” The systematic on-tour support and digitalisation of processes led to a large number of optimisation fields: “The biggest cost savings since the app’s introduction have been achieved in complaints,” summarises Fabris. “The increased quality and transparency that the EPG ONE app offers has helped to minimise complaints due to reasons such as incorrect deliveries.
Documentation recording the handover of goods also benefits from the significantly streamlined communication channels. All information is available in real time in the hub. This provides a sense of security for EF Logistik, the carriers and the customers.” Both the employees and the drivers are impressed by how simple this system is to handle. The Green plan all-inclusive solution and the EPG ONE app have ensured an increase in the quality of deliveries and allowed processes in the Complaints Department to be de- signed more effectively.
June Air Cargo Demand Surges 14.1%, Boosting Strong First Half Performance
The International Air Transport Association (IATA) released data for June 2024 global air cargo markets showing continuing strong annual growth in demand. This contributed to an exceptional first half-year performance for air cargo, with volumes exceeding 2023, 2022, and even the record-breaking 2021 levels.
Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 14.1% compared to June 2023 levels (15.6% for international operations). This is the seventh consecutive month of double-digit year-on-year growth.
Capacity, measured in available cargo tonne-kilometers (ACTKs), increased by 8.8% compared to June 2023 (10.8% for international operations).
Total half-year (H1) demand increased by 13.4% compared to H1 2023, by 4.3% compared to H1 2022, and by 0.02% compared to H1 2021.
“Air cargo demand surged in June. Strong growth across all regions and major trade lanes combined for a record-breaking first-half performance in terms of CTKs. Maritime shipping constraints and a booming e-commerce sector are among the strongest growth drivers. Meanwhile, the sector has remained largely impervious to ongoing political and economic challenges, and the US customs crackdown on e-commerce deliveries from China. Air cargo looks to be on solid ground to continue its strong performance into the second half of 2024,” said Willie Walsh, IATA’s Director General.
Several factors in the operating environment should be noted:
In June the Purchasing Managers Index (PMI) for global manufacturing output indicated expansion (52.3) while the new export orders PMI registered a small contraction, falling below the critical 50-point benchmark to 49.3.
Global cross-border trade expanded 0.1% month-on-month in May while industrial production stayed level compared to the previous month.
Inflation was a mixed picture in June. In the EU and Japan, inflation rates stayed roughly constant compared to the previous month at 2.6% and 2.8% respectively, while dropping in the US to 3.0%. In contrast, China’s inflation rate remained near zero (0.3%) reflecting weak domestic demand amid high unemployment, slow income growth, and a crisis in the real estate sector, a trend that has persisted since 2023.
June Regional Performance
Asia-Pacific airlines saw 17.0% year-on-year demand growth for air cargo in June — the strongest among all regions. Demand on the Africa-Asia trade lane grew by 37.5% year-on-year, while the Europe-Asia, Within Asia and Middle East-Asia trade lanes rose by 20.3%, 21.0% and 15.1% respectively. Capacity increased by 10.7% year-on-year.
North American carriers saw 9.5% year-on-year demand growth for air cargo in June — the weakest among all regions. Demand on the North America-Europe route saw an increase of 6.7%, while the Asia-North America trade lane, the world’s largest, grew by 12.8% year-on-year, the largest annual increase in five months. June capacity increased by 6.0% year-on-year.
European carriers saw 16.1% year-on-year demand growth for air cargo in June. Intra-European air cargo rose by 16.7% compared to June 2023, the sixth month in a row of double-digit annual growth. Europe–Middle East and Europe–Asia routes saw demand increase by 30.2% and 20.3% respectively. June capacity increased 9.1% year-on-year.
Middle Eastern carriers saw 13.8% year-on-year demand growth for air cargo in June. As mentioned above, the Middle East–Europe market performed particularly well with 30.2% annual growth, ahead of Middle East–Asia which grew by 15.1% year-on-year. June capacity increased 6.9% year-on-year.
Latin American carriers saw 13.1% year-on-year demand growth for air cargo in June. Capacity increased 15.5% year-on-year. Notably, Latin America posted the second-highest increase in international demand growth at 17.2% in June, up 6.3 percentage points compared to the previous month.
Teleport, the logistics venture of Capital A Berhad is the first Southeast Asian logistics provider to implement Wiremind’s SKYPALLET product and is also lined up as one of the first customers of upcoming SKYPALLET Version 2.
Southeast Asia’s number one integrated logistics provider, Teleport, and Wiremind signed the SKYPALLET implementation contract on 01 June 2024, following a successful Proof of Concept trial. The stepwise roll-out of the original SKYPALLET software version is now underway, with a subsequent SKYPALLET Version 2 deployment phase planned as soon as the product is launched later this year.
Initial cooperation talks began at the end of last year when Teleport was seeking to find the perfect digital fit to advance its capacity steering and load planning processes. Having established Teleport’s requirements, Wiremind arranged an accompanied trial period enabling the carrier to test the full range of SKYPALLET’s functionalities. In particular, SKYPALLET’s advanced algorithmic logic and the software’s extensive integration options convinced Teleport to begin implementation.
“Teleport is no stranger to advanced digital solutions, knows exactly what it wants, and provided us with excellent feedback during its extended SKYPALLET trial, earlier this year,” says Guillermo Medina Moralejo, VP Cargo Business Development of Wiremind. “This has willingly been incorporated in our SKYPALLET Version 2 roadmap, and Teleport will be among the first of our customers to benefit from the upgrade. And I am proud and thankful to say, Teleport is our first customer in Southeast Asia. With the region’s leading logistics provider on board, Wiremind has achieved a solid milestone on its global expansion journey.”
“As a tech-enabled logistics provider, we are continuously exploring ways to optimise while further simplifying our operations – from improving pallet configurations to reducing manual planning efforts and minimizing errors. With the latest addition of this upgraded dynamic load planning tool to our technology stack, we are confident that it will allow us to achieve greater automation and accuracy in our planning, which will result in better productivity and space utilization. All of which will positively impact our customers’ experience with Teleport.” said Milan Dhingra, Chief Product Officer at Teleport.
Moderna Products quadruples its capacity for plastic pet supplies with an automated warehouse from Mecalux • The sustainable accessories manufacturer expects to double its sales amidst the expansion of an industry set to reach $500 billion by 2030. • Its facilities in Izegem (Belgium) manage over 1,500 pallets daily, producing, storing and distributing feeders, water bowls and beds to more than 79 countries.
The intralogistics group Mecalux has equipped Moderna Products’ plant in Izegem (Belgium) with an automated warehouse connected to production. With the pet industry growing rapidly — projected to reach a value of $500 billion by 2030, according to Bloomberg — Moderna Products aims to double its sales in the next five years. The company will continue providing cat litter trays, beds, carriers, feeders and water dispensers for pets in over 79 countries worldwide.
“We manufacture plastic injection moulded products in two large centres in Izegem and South Carolina (US). We’re proud to say we manage the entire supply chain, spanning product development, production, storage and distribution,” says Bart Bonte, owner and CEO of Moderna Products. The third-generation family business invests in “the most advanced technologies to remain competitive. Our priority is to use highly energy-efficient storage and production systems while maintaining our return on investment,” says Bonte.
Moderna Products is committed to eco-friendly practices, having signed a Green Pact and equipped its headquarters with solar panels. The manufacturer of sustainable plastic pet products has automated the movements of 1,500 pallets a day with an energy-efficient clad-rack warehouse. Measuring 40 metres high by 100 metres long, the facility built by Mecalux accommodates 12,560 pallets. Additionally, Moderna Products manages all operations with Easy WMS. This software solution monitors every step — from order receipt to shipping — providing complete control over the company’s pet supplies. Moderna Products has also installed the WMS for Manufacturing module to integrate the warehouse with the production lines and gain end-to-end traceability of its raw materials.
“Automation was the logical step. Our logistics processes had to align with the robotic advancements already underway in our production operations. We opted for automation to expand our space, enhance safety and make our processes more environmentally friendly. As a result, we no longer require traditional lighting,” says Bonte. Automation, the backbone of the facility, ensures the uninterrupted flow of goods between the centre’s various zones. Five twin-mast stacker cranes handle pallet movements inside the storage aisles.
Meanwhile, a conveyor system transports pet products to the manufacturing and picking areas. With these upgrades in place, Moderna Products looks forward to continuing its commitment to caring for dogs and cats, which it has done since 1980.
Thales has signed a memorandum of understanding (MoU) with Garuda Aerospace to promote growth and innovation in the drone sector in India.
Under the agreement, Thales will provide expertise in the field of Unmanned Traffic Management (UTM) solutions, UAV detection, and system integration, whilst Garuda will bring its skills in the manufacture and use of UAVs, as well as its expertise in the Indian market.
The MoU aims to provide a platform for a strategic collaboration to develop the drone ecosystem in India.
Yango Drive Rolls Out Tesla Cybertruck rentals in UAE
Yango Drive, the car rental service and part of global tech company Yango Group, has introduced the Tesla Cybertruck to its partner rental fleet, the largest in Dubai. Users can now rent out the latest in automotive innovation through the Yango App with just a few taps on their devices.
Yango Drive now offers two models of the Cybertruck—the Cyber All-Wheel Drive and the Cyber Beast—known for their futuristic design and high-performance capabilities. The electric vehicles feature bulletproof stainless steel exoskeletons and shatterproof windscreens, and can accommodate up to five adults. This addition comes on the heels of the Dubai Police adding the model to its tourist police luxury patrol fleet last month.
The Cyber All-Wheel Drive accelerates from 0 to 100 km/h in just 4.1 secondsand offers an estimated range of 755+ km with an extender. The Cyber Beast model, on the other hand, can reach 100 km/h in just 2.7 seconds, tops off at 200 kmph, and provides an estimated extended range of 705+ km. With steer-by-wire and rear steering, patrons will get the experience of handling a sports car with a better turning radius than most sedans.
Users can rent the Cybertruck for any duration starting from 1 day, with daily rates starting from AED 2800, depending on the model. Both delivery and self-pickup options are available. A minimum age of 23 years and at least one year of driving experience with a valid licence are required to rent the Cybertruck.
Additionally, to make the Cybertruck experience accessible to the Dubai community, Yango Drive is conducting a competition on their Instagram channel until August 2nd. The prize is a 4-hour rental of the Tesla Cybertruck. Participants are required to follow the Yango Drive account, mention two friends in the comments section, and share the post on their stories. An electronic draw will take place the following week, and the winner will be announced.
Yango Drive has seen a remarkable 70-fold increase in demand across all vehicle categories, reflecting a growing appetite for innovative in Dubai. The addition of Tesla’s Cybertruck models aligns with the UAE’s vision to become a global leader in smart intermodal mobility by 2030 through the National Smart Mobility Strategy. With electric vehicle (EV) demand projected to rise by 30% in the UAE by 2028, the Cybertruck offers a distinctive driving experience and a chance to engage with the latest advancements in automotive technology. This step underscores the company’s commitment to promoting growth in mobility, tourism, and sustainable transport.
Users can visit the websitehttps://drive.yango.com or download the Yango app from Google Play or the App Store for more information.
Global Mobility Call presents the thematic blocks to drive the transformation towards sustainable mobility.
The third edition of the Global Mobility Call will be held from 19 to 21 November 2024, organised by IFEMA MADRID and Smobhub.
The six thematic blocks of the conference place the focus on the leadership of the current climate, challenges and solutions in the sustainable mobility sector.
Madrid, 29 July 2024. Global Mobility Call, the leading transformative event in sustainable mobility, organised by IFEMAMADRID and Smobhub, presents in detail the six thematic block that will make up this year’s conference, comprising themes framed within the global debate on sustainable mobility to foster public-private collaboration and discover new partnerships.
The agenda was developed in collaboration with the Global Mobility Call GMC Expert Advisory Committee together with event partners, considering all perspectives both economic and environmental, social and regulatory, with a strong focus on the support for the Sustainable Development Goals (SDGs).
Thematic Block 1. Energy Transition: Driving the Transformation of Mobility
This first theme explores how the energy transition is presented as an opportunity to combine solutions to mitigate the impact of all forms of transport and emissions from mobility. This is done through exploring the global challenges of reducing CO2 emissions and multi-energy strategies with a vision for the future and the investments required in infrastructure, storage, critical minerals and networks.
Here, energy solutions like green hydrogen, SAF, electrification and biofuels, clean energy alternatives and the energy transition play a particularly key role. Electrification and storage will also be discussed, delving into batteries, charging and energy infrastructures and critical minerals, as well as the importance of public-private policies and partnerships and, finally, sustainable investment, ESG strategies and the situation regarding talent in the field.
Thematic Block 2. Urban Mobility: Public Transport and Shared Mobility Solutions
This thematic block will propose research into the role of technology, changes in user behaviour and regulatory developments in the reimagining of urban mobility. It will address topics like the optimisation of car use and the integration of various sustainable forms of public transport, such as electric vehicles, urban buses, metro, commuter rail, bicycles and passenger car services, as well as the advantages of public-private partnerships for the creation of efficient and equitable mobility solutions that improve accessibility.
This theme will also consider urban and shared mobility, MaaS, public transport and multimodal mobility. Speakers will explore digital platforms and the exchange and uses of data to promote connectivity, as well as AI, Edge and IoT systems. All of the above will be approached in the spirit of achieving an updated and technological urban infrastructure planning with real-time traffic data and LEZs (Low Emission Zones). Experts will also highlight the importance of sound policy and investment.
Thematic Block 3. Intermodal Transport: Efficient and Sustainable Mobility
This thematic block will look at the transformation of intermodal transport systems capable of achieving sustainable passenger and freight logistics through digitalization and alternative clean energies. That will include issues relating to the evolution of transport, the incorporation of intelligent and digitized infrastructures and the adoption of green energies, among others.
Intermodal and integrated transport will be central to this thematic block, focusing in detail on air, maritime, land and rail transport and critical infrastructures, as well as other issues such as logistics and Last Mile delivery and intermodal centres. The automobile sector, fleet management, heavy transport and electric vehicles will also be covered along with energy solutions, policies for these issues and the strategies needed.
Thematic Block 4. Smart Mobility Planning: Designing More
Habitable Urban Spaces
Discussions under this thematic block will deal with new trends in transport and urban planning, the 15-minute city model, smart traffic management systems with shared data centres, active mobility (cycling and walking), green public transport, autonomous vehicles and exchanges to establish the future of sustainable mobility in cities and territories through more advanced urban planning.
This theme will highlight autonomous and connected mobility covering aspects such as autonomous driving, safety and connectivity and cybersecurity. It will also address issues such as urban and shared mobility, platforms to promote and plan liveable urban futures and the resources needed to deliver on this efficiently.
Thematic Block 5. The Transformation of the Automobile Industry: Adapting to a New Era in Mobility
This fifth theme will look specifically at the transformation of the automobile sector as new mobility trends emerge. This will be done in the form of an overview of the transformation towards a new business model and a new value chain driven by connected, autonomous, shared and electrified mobility, and will include key topics such as the shift towards electric vehicles, new charging and battery technologies, the role of data in the optimisation of transport and the emergence of software-based vehicles, the importance of public-private partnerships and investments to develop electrification infrastructures and incentive systems.
Energy solutions, electrification and storage, autonomous and connected mobility, digital and data platforms, automobiles, investment and public policies and collaboration will be some of the topics to be addressed by the experts.
Thematic Block 6. Technology Trends: Accelerating the Mobility Revolution
In a world where the application of intelligent systems is already very much a reality, this final thematic block proposes an investigation into how digital technologies and innovation are accelerating the mobility revolution. The topics addressed here include the role of cutting-edge technologies like AI, IoT, 5G, Edge Computing, ICT platforms, intelligent digital infrastructures and intelligent transport systems (ITS) in the creation of new business models and mobility services as well as the rise of non-ownership and MaaS models, connected and automated mobility, and the multimodality of different forms of transport, among others.
BSLBATT an innovative high-tech company that designs and manufactures smart lithium-ion batteries (50% more efficient than similar products on the market) for industrial forklifts used in the warehousing and distribution industries, announced today that it will open a new factory in Zhongkai, Huizhou on July 18, 2024 to complement its BSLBATT Global Fortune 500 and Top 100 customers with faster delivery capabilities and respond to the growth of lithium-ion battery pack sales worldwide. The new building has three times the production area of the original company. One building will now house all internal manufacturing operations, assembly, logistics, service center, and corporate headquarters. This move aligns with our growth strategy and is a response to the growing market demand for BSLBATT® lithium batteries.
President of BSLBATT®, Eric Yi said, “The company is growing and this move is part of the business plan. We didn’t expect that adding manufacturing space and increasing production in 2024 would become urgent. We saw the growing market share of lithium batteries in the material handling power market combined with the delayed demand last year in the first six months of 2024. We saw a perfect storm of orders!”
“Our new building has three times the production area of the original company, which gives us plenty of room to grow,” said Mr. Lin Peng, Chief Technology Officer of BSLBATT®. “Having all elements of our internal manufacturing processes, service center, and corporate headquarters under one roof will make BSLBATT® more efficient. Our customers know we are ready to go the extra mile to ensure our batteries perform as they should, and we are committed to increasing battery reliability while accelerating battery production!”
Bella Chen, Sales Director at BSLBATT®, emphasized the significance of this move, saying, “This new facility significantly increases our workforce, improves production efficiency, enhances production capacity, and more.”
Haley Ning, COO at BSLBATT®, said, “We have achieved high double-digit growth each year for the past four years, which has driven our need to expand to supplement our product support and production infrastructure. The investment in the new Huizhou Zhongkai facility expands our production infrastructure to provide comprehensive and responsive delivery services to customers from global regions, while, more importantly, reducing production and transportation costs for our company.”
With more than 14,000 battery packs, BSLBATT® is a leader in lithium battery applications, as reflected in its thought leadership and technology platform to lead customers toward clean, safe, and sustainable industrial and commercial energy solutions. The company is committed to delivering superior product performance, value, and support services, allowing customers to take their business to the next level while achieving greater profitability. For more information about BSLBATT, visit lithiumforkliftbattery.com.
Michele Grubbs, Vice President at the Pacific Merchant Shipping Association (PMSA), has been elected to the Board of Directors of the Containerization & Intermodal Institute (CII), a not-for-profit organization committed to supporting and promoting the business of international trade and the intermodal transportation community.
Ms. Grubbs has been with PMSA since 2004, overseeing its Long Beach office. PMSA, an independent nonprofit association, represents ocean carriers, marine terminal operators, and the maritime industry on the US West Coast. It advocates for owners and operators of marine terminals and vessels, actively engaging in legislative and regulatory affairs in California and Washington state. The organization provides comprehensive information services, updates on industry issues, and promotes environmental best practices.
Before joining PMSA, Ms. Grubbs held various roles in the aerospace industry, focusing on international trade policy and marketing in Washington D.C., California, and Western Europe.
“Michele brings a wealth of expertise in international trade policy, legislation, and community affairs to our board,” said Chris Brooks, President of CII. “Her contributions have enhanced PMSA’s reputation as a leading advocacy association. As our latest board member, she offers a fresh perspective and invaluable insights that will bolster CII in advancing its mission to support international trade.”
In addition to her executive role at PMSA, Ms. Grubbs plays pivotal roles across various leadership positions. She influences the future of trade professionals as a member of the Advisory Board for the Center of International Trade and Transportation (CITT) at California State University, Long Beach. She also contributes to maritime safety and efficiency as a board member of the Southern California Marine Exchange. Ms. Grubbs also dedicates her expertise to the International Seafarers Center of Long Beach/Los Angeles, supporting seafaring communities.In addition, her active involvement on the Port of Long Beach Women’s International Trade Committee demonstrates her strong commitment in supporting women through mentorship and networking opportunities.
From its inception in 1960, CII’s mission has been to promote and support international commerce and the intermodal container transportation sector as well as recognize supply chain and academic excellence. In fact, CII’s scholarship program which was established in 1992, has awarded more than one million dollars to deserving students seeking careers in the sector, as well as institutions that are developing future leaders.
The CII leadership team includes: President, Chris Brooks of The Journal of Commerce by S&P Global; First Vice President, Michael Mendoza of the OEC Group; Second Vice President, Steven Blust of Blust Intermodal Advisors; Treasurer, Cate Avolio of the International Longshoremen’s Association; Secretary, Lisa Wheldon of C&K Trucking; and Executive Director, Lisa Aurichio of BSY Associates Inc.
Gartner Says Worldwide IaaS Public Cloud Services Revenue Grew 16.2% in 2023
The worldwide infrastructure as a service (IaaS) market grew 16.2% in 2023, to total $140 billion, up from $120 billion in 2022, according to Gartner, Inc. Amazon retained the No. 1 position in the IaaS market in 2023, followed by Microsoft, Google, Alibaba and Huawei.
“Cloud technologies continue to be a major business disruptor, due in part to the focus on hyperscalers looking to support offerings related to sovereignty, ethics, privacy and sustainability,” said Sid Nag, VP Analyst at Gartner. “This should continue to drive exponential growth into the future with these offerings being spurred by generative AI (GenAI) investments for 2024 and beyond.”
In 2023, the top five IaaS providers accounted for 82% of the market. Amazon continued to lead the worldwide IaaS market with revenue of $54.6 billion and 39% market share , followed by Microsoft with 23% market share (see Table 1). With growth of 26.3% in 2023, Google moved into the third position at 8.2% market share. Alibaba secured the fourth spot with 7.9% of the market.
Table 1. Worldwide IaaS Public Cloud Services Market Share, 2022-2023 (Millions of U.S. Dollars)
Company
2023Revenue
2023 Market Share (%)
2022Revenue
2022 Market Share (%)
2022-2023 Growth (%)
Amazon
54,648
39.0
48,123
39.9
13.6
Microsoft
32,197
23.0
25,889
21.5
24.4
Google
11,454
8.2
9,072
7.5
26.3
Alibaba Group
11,119
7.9
9,222
7.7
20.6
Huawei
5,980
4.3
5,248
4.4
13.9
Others
24,601
17.6
22,943
19.0
7.2
Total
139,999
100
120,497
100
16.2
Source: Gartner (July 2024)
“As the top hyperscalers continue to grow their IaaS offerings in the shadow of GenAI, we should also see other areas, such as software-as-a-service (SaaS) and platform-as-a-service (PaaS), grow as well. IaaS is the tide that lifts all boats,” said Nag.
GenAI is beginning to have an impact on the growth of cloud markets, although AI-driven growth in 2023 was small.
“Cloud is the foundational and scalable substrate required to make GenAI a reality. The segments that are beginning to see the impacts of GenAI include IaaS, where AI model training is consuming IaaS resources, and SaaS where GenAI capabilities are beginning to be included in SaaS applications,” said Nag. “Capacity demand in public cloud markets has already increased sharply as a result and will continue to do so through 2028. In the near term, AI-driven revenue growth will be small relative to the overall public cloud market.”
A Milestone in Healthcare Logistics: Kuehne+Nagel UAE secures Aggregation License
Dubai, the most populous city in the United Arab Emirates (UAE), plays a strategic role in the logistics industry thanks to its location at the gateway to the Middle East, Asia, and Africa. The UAE’s booming economy boosts demand for products from all industries.
Many companies, including those from the pharmaceutical and healthcare sectors, decide to locate their hubs in Dubai. From there, they can easily prepare the products for their outbound or inbound journey into the UAE, depending on the changing inventory levels.
Aggregation License
“All pharmaceutical products and medical supplies must be recorded and registered with the Ministry of Health and Prevention (MOHAP) before entering the United Arab Emirates’ market to detect counterfeit and falsified drugs and track and trace illegal supplies of healthcare products,” said Safa Al Khayat, Pharmacist in Charge at Kuehne+Nagel.
Only a few companies in the UAE, including Kuehne+Nagel, have been certified by MOHAP to provide aggregated services for medical supplies.
Cutting Edge Technology
The registration process includes scanning the barcode of each unit to encode the data consisting of the Global Trade Item Number (GTIN), batch or lot number, expiry date, and serial number, and recording the data at Tatmeen, a governmental platform. If done manually, the process can be time-consuming and prone to human errors, especially when large quantities of products are to be released to the market at short notice.
Recognizing the need for a more efficient and reliable system, Kuehne+Nagel introduced multiple automated aggregation stations, an innovative technology allowing simultaneous scanning of dozens of units layered on a scanning tray. The stations, able to read and record about 75,000 barcodes daily each, offer a significant improvement over the traditional handheld scanner.
“Compared to the traditional scanning with a handheld scanner, our automated solution delivers efficiency and reliability, which is a critical feature for our customers,” added Safa Al Khayat. “We can respond to the market’s requirements immediately, with full transparency for all parties involved in the supply chain: customer, Ministry of Health and Prevention, distributor, and the final consumer, the patient.”
Experience and Expertise
The Aggregation License obtained by Kuehne+Nagel in the UAE complements the similar certification in Bahrain, received three years ago.
“We gained extensive experience supporting our healthcare customers in Bahrain, and we can apply our expertise when fulfilling the UAE Ministry of Health and Prevention requirements,” added Safa Al Kahyat.
Strategic Importance of the Dubai Warehouse
In Dubai, Kuehne+Nagel operates a 50,000 sqm warehouse in Dubai Logistics City, close to Jebel Ali Seaport and Dubai International Airport.
Over 30,000 sqm of warehousing space, equal to 50,000 pallet positions, are dedicated to pharmaceuticals. The cold room (temperature range: 2-8°C) and ambient chambers (temperature range: 15-25°C) with additional security are used solely for temperature-sensitive healthcare-related cargo.
Customers can benefit from a range of value-added services, such as co-packing, kitting, labeling, stamping, and distribution services to domestic and international locations. Additionally, Kuehne+Nagel provides customs-related services and can be nominated as IOR (Importer of Record) or EOR (Exporter of Record) to ease import and export procedures.
“Our healthcare customers can enjoy complete solutions from the basics of storage, handling, and last mile distribution to a full range of value-added services leveraging Kuehne+Nagel’s global healthcare supply chain know-how,” said Lee I’Ons, GCC+ Cluster Managing Director at Kuehne+Nagel. “At the forefront of our approach in healthcare is that at the end of every supply chain is a patient.”
Asyad Expands its Operations into the Heart of Global Trade in China, India, US, the GCC by Acquiring Skybridge Freight Solutions
Transformative acquisition expands Asyad’sfootprintadding critical operational hubsacross the world’s busiest markets, offering customers market access through Oman’s central location on the global trade map
Asyad Group’s first international acquisition in core logistics activities
Latest acquisition aligned with Asyad’s expansion strategy to provide customers with unparalleled multimodal solutions and unrestricted access to global markets
Asyad Group, Oman’s pioneering end-to-end global logistics provider, has acquired Skybridge Freight Solutions (SFS), a leading global freight forwarding company. The landmark acquisition is the group’s first international acquisition in core logistics activities and marks a strategic move to significantly expand Asyad’s footprint through active operations in key trade hubs and the major economies of China, India, the USA and the GCC, supported by unhindered access to SFS’ well-established, dynamic network that covers over 90 geographies across six continents.
Now acquired by Asyad Group, SFS is a premier freight solutions provider offering leading freight forwarding services across air, sea and land in addition to warehousing and distribution. The fast-growing company boasts a strong financial footing and caters to a diverse array of major industries including food, energy, automotive, pharmaceuticals and construction. The company serves over 1,400 customers, including Fortune 500 and blue-chip companies, leveraging its longstanding relationships with global freight forwarding networks, government bodies, shipping lines and airlines to carve a substantial competitive edge and open multiple avenues for growth.
With this acquisition, Asyad aims to bolster its competitiveness in the global marketplace by magnifying its end-to-end capabilities in providing unparalleled multimodal logistics services to meet evolving customer needs. The impacts of the recent acquisition are far-reaching and will extend across the entire logistics ecosystem, with more capabilities in freight forwarding leading to advances in supply chain, e-commerce, ports and container lines.
Global trade management software provider AEB and leading UAE logistics firm Modern Freight Company proudly announce a strategic partnership aimed at providing AEB customers with fast, efficient, and easy access to customs declaration services in the UAE.
Since its inception several years ago, AEB’s Customs Broker Integration software has been an innovative and ground-breaking solution for cross-border trade. Using Customs Broker Integration, AEB customers can automatically transmit customs-relevant data directly to a partner broker for customs clearance at the relevant national authority.
In collaboration with its network of partners around the world, AEB has digitized the whole process of working with customs brokers in a single software solution – cutting costs, eliminating delays, and providing full transparency – and above all, accelerating the entire customs process.
AEB’s Customs Broker Partner Network continues to go from strength to strength and now provides digital customs services in over 20 countries across Europe, North America, and Asia.
With the new cooperation, companies will now have digital access to AEB’s first partner in the Middle East, enabling them to transmit customs-relevant data automatically to MFC for fast and efficient customs clearance in Dubai.
Founded in 1977, MFC is deemed one of the UAE’s most trusted logistics companies and is an award winning customs broker. The company offers a full customs clearance and transport solution within the UAE including import, export, and re-export clearances for all sea, air, and land shipments. MFC’s experience and tailored services take the headache out of every import or export, whether it be single line shipments, complex multi-product shipments, temporary imports, trade show cargo, or time-sensitive goods.
“We’re really excited about the collaboration with MFC. The UAE is a major trading hub and of key importance in the supply chains of many AEB customers. The partnership will add real benefit to our customers in Europe, North America, and beyond. They’ll be able to digitally access the services of a market-leading UAE customs broker directly from our software,” says Mark Brannan, AEB’s Head of Customs Broker Integration.
Meanwhile, Laurance Langdon, General Manager of Modern Freight Company added: “With businesses under increasing pressure to reduce costs and increase transparency, we at MFC believe that digitalization of customs services is a key area for introducing efficiencies. Our joint solution with AEB will support companies to reduce their overheads without them having to compromise on customs compliance. Working with MFC will give AEB customers access to the most comprehensive and trusted customs services in the region.”
The collaboration highlights both company’s commitment to harnessing the power of digitalization to provide customers with best-in-class customs services.
Discovery: ECS Group’s internal training tool empowers teams for future success
ECS Group, a global leader in air cargo GSSA services, reaffirms its commitment to employee growth and excellence with Discovery, an internal training platform designed to elevate skills and expertise within the organization.
At ECS Group, employees are at the heart of innovation and excellence, and staff training is paramount to ensure they lead the industry’s future. With Discovery, ECS Group aims to elevate professional acumen, making continual upskilling a standard practice. Since its inception in 2020, Discovery has played a pivotal role in cultivating employee skills and adapting to the evolving needs of the air cargo industry. Praised by employees for its impact on their skills and job performance, it has become a cornerstone of ECS Group’s internal training initiatives.
With active participation from over 1,200 learners, Discovery has facilitated the completion of more than 5,600 courses to date. Presently, the platform offers a rich selection of 77 courses. Learners having completed at least one training course have collectively invested over 10,000 hours, demonstrating strong engagement. Geographically, Discovery enjoys a widespread global user base, with a particularly strong presence in Europe.
Dimitri Arnaudin, Director of Digital and Innovation at ECS Group, emphasizes the platform’s role in driving digital transformation: “Discovery represents a crucial step in our digitalization journey, empowering employees to adapt to the changing landscape of the air cargo industry. By providing accessible, interactive, and personalized training experiences, we are equipping our teams with the skills and knowledge needed to excel in today’s dynamic environment.”
Discovery offers an array of features designed to facilitate interactive and personalized learning experiences for employees. These include a user-friendly search bar and an organized course catalog for easy access to resources. Incorporating multimedia elements like videos and quizzes accommodates diverse learning styles. Its compatibility across devices ensures flexibility, and personalized modules cater to specific job roles. Robust assessment and certification features validate employee proficiency, effectively recognizing their learning achievements.
Looking ahead, ECS Group remains committed to the continuous evolution of Discovery, which not only integrates emerging technologies and industry trends, but also offers a diverse range of content including IT and Digital solutions, as well as knowledge specific to the Air Cargo Industry and sustainability-related topics. These enrichments complement the innovative digital tools crafted by CargoTech, the premier one-stop shop for air cargo digital solutions. Together, the advancements in Discovery and the solutions provided by CargoTech promise to revolutionize employee training and equip teams to navigate the ever-changing landscape of the air cargo industry with confidence and expertise.
Hosted by The Executive Office of H.H. Sheikh Mohammed Bin Rashid Al Maktoum
Economist Impact announces fourth annual Global Trade and Supply Chain Summit taking place October 8th-9th
The conference in Dubai will tackle redefining resilience and relations
From October 8th to the 9th, Economist Impact will convene thought leaders, policymakers, industry experts, and innovators from around the world to discuss and shape the future of global trade.
With the support of The Executive Office in Dubai, this event will address current challenges such as geopolitics, supply chain disruptions, sustainability concerns and the rising cost of goods. Attendees will leave equipped to navigate the complexities of the current trade landscape and ensure that supply chains remain efficient, resilient and future-proof.
The fourth annual Global Trade and Supply Chain Summit brings together supply chain, procurement companies and solution providers to discuss their challenges over two conference days. The event will feature keynote speeches, panel discussions, interactive workshops and networking sessions, showcasing the latest trends and technologies driving global trade and supply chain transformation.
Global Trade and Supply Chain Summit will cover a wide range of topics including: Policy and new globalisation, Tech powered trade: innovation and AI, Risk and resilience, Innovation in digital and services trade, Building sustainable supply chains, Global trade and supply chain transformation.
Attendees at previous events have found the event to be useful in developing their future plans:
“It’s a pleasure to attend the two day conference which saw top level policymakers, industry experts, and academia come together and discuss the most current topics.”
“Invigorating, thought-provoking, cross-cutting sessions on global trade and supply chain, attended by professionals from industry, government, and academia, is a feat that Economist Impact accomplished competently and triumphantly for the 3rd year.”
Over 500 leaders from the entire trade and supply chain ecosystem are expected to attend. The conference will connect supply chain, procurement, manufacturing and finance executives with high-level government representatives including ministers, policymakers and advisors.
A full list of speakers can be found here and the programme is here.
This in-person event will take place on Tuesday, October 8th to Wednesday, October 9th 2024 at JW Marriott Hotel Marina, Dubai.
Sponsors of Global Trade and Supply Chain Summit include our host: The Executive Office of H.H. Sheikh Mohammed Bin Rashid Al Maktoum, and JP Morgan, DP World, SAP, Schneider Electric, DMCC, Citi.
The DB Schenker sale has moved into the final round as Maersk and Bahri (Saudi Shipping Line) dropped out of the race. This leaves DSV and the CVC Capital Partners consortium as the only remaining bidders. The final decision on the sale is expected in the second half of 2024.
DB Schenker, is a major global logistics company, currently being sold by its parent company, Deutsche Bahn (DB), which is Germany’s national railway company. This sale is part of Deutsche Bahn’s strategy to streamline operations and reduce debt. DB Schenker provides transportation, warehousing and supply chain management services globally. It also operates a leading asset based European transportation business of which DB Bahn is a major customer. The expected proceeds from the sale are valued at approximately €15 billion and intended to help Deutsche Bahn invest in the years ahead in its core railway operations and infrastructure.
DSV and CVC Remaining Bidders
Acquiring DB Schenker would significantly boost DSV’s scale and service offerings in air, ocean, and land freight as well as its global warehousing foot print. DSV aims to become the largest global logistics provider and overtake DHL. In the past few years, it has achieved high growth mainly through acquisitions of competitors such as Panalpina and Agility. DSV is known for integrating acquisitions quickly often through significant layoffs.
The CVC bid is based on a consortium of private equity and sovereign wealth funds led by CVC Capital Partners and the Abu Dhabi Investment Authority (ADIA).This consortium is likely attracted by DB Schenker’s profitability and growth potential. The involvement of sovereign wealth funds like ADIA highlights Abu Dhabi’s focus on diversifying investments and strengthening infrastructure capabilities.
Through ADIA, the largest of the Abu Dhabi based government wealth funds, the Abu Dhabi government is likely interested to further expand its logistics investments from recent years to become a global logistics leader. ADQ, another Abu Dhabi based government wealth fund is already owner of Port of Kezad, AD Ports and Etihad. The DB Schenker acquisition combined with the activities of these other companies would boost Abu Dhabi’s regional and global logistics reach and likely strengthen its Kezad Port position as alternative to DP World and Jebel Ali in Dubai.
Another interesting point in the CVC/ADIA bid is that it might offer DB Bahn an ongoing stake in the new company. DB Bahn is already DB Schenker’s largest customer for freight and warehousing services in Germany and beyond. That partnership might also lock in significant freight volumes longer term. Some analysts have speculated that Abu Dhabi could offer DB Bahn a stake in its Etihad Rail network. In 2013 a JV partnership between Abu Dhabi and DB Bahn called Etihad Rail DB was first launched and oversaw the set up and stage one roll-out of the UAE rail network. This partnership was concluded in 2022 but who knows this partnership could somehow rekindle as the UAE looks to play a role in moving freight via rail from Asia to Europe as an alternative to the Suez Canal sea route.
Both the DSV and CVC/ADIA bids have pro’s and con’s in the mind of industry analysts. Danish DSV, with its reputation for large layoffs in major acquisitions will likely be seen by German politicians and trade unions as a threat. On the other hand, it has significant experience in large scale logistics acquisitions, integrating workforces, processes and IT systems.
The CVC/ADIA bid will likely bring deeper pockets and more workforce guarantees. With its own limited global logistics experience and resources, CVC/ADIA will likely lean more heavily on the existing DB Schenker management and look to invest and expand the company further instead of immediately looking to retrench personnel. That could be an important point in winning over German unions and politicians.
Other Options
There is a lot of regional rivalry between the UAE and KSA in who will play the largest role as future regional Middle Eastern logistics gateway. The DB Schenker acquisition would be a further step in recognizing KSA’s ambition in building its own regional gateway through KSA as well as becoming a global logistics player. Last year it launched Riyadh Air which it wants to develop into a major global airline with Riyadh as gateway. There are also major logistics and ports infrastructure developments underway in Jeddah and Dammam.
Therefore, Bahri might somehow jump back into the race. Saudi Arabia (KSA) is currently on a major diversification drive with a range of large infrastructure and logistics projects across the country. The DB Schenker acquisition would bring more expertise into KSA’s ambitions to become a major regional logistics player. At the same time, DB Schenker with its well-established global logistics network, could act as a logistics vehicle in allowing Bahri to become a large global player.
Another option could be that DB Bahn pauses or retracts its sale of DB Schenker. However, that’s happened before as DB Bahn has already for many years looked to sell the company. Many in the international logistics industry view this long-winded sales process as a badly managed business case. Industry analysts have for many years commented that this situation has turned DB Schenker into a “lame duck” unable to significantly invest and take advantage of market opportunities to expand on its own merits.
One other option could be to turn DB Schenker into an IPO and “float” the company on the German stock exchange as a separate company. However, an IPO at this stage would take several years to prepare. This would further procrastinate the sale of DB Schenker and short term it would not bring DB Bahn the €15 billion it is looking for to reduce its own financial debt situation.
In summary, with DSV and CVC/ADIA in the final bidding phase, we should soon learn more about where this process is going and how it will conclude. For sure, the current DB Bahn management is under immense pressure to show they can negotiate a final deal.
Eelco Dijkstra, International Editor, Global Supply Chain ME magazine
Sheikh Mohammed Bin Hamad: implementing a strategy to solidify market leadership in logistics services
Sheikh Abdulla Bin Fahad: Exploring investment opportunities to diversify our business model
Ranjeev Menon: Innovation, sustainability, and digital transformation focus
Gulf Warehousing Company Q.P.S.C (GWC) – one of the fastest-growing businesses in the MENA region, has announced its financial results for the first half (H1) of 2024 (six-month period ending on 30 June 2024), the company reported total revenues of QR748.3mn, and a net profit of QR100.4mn, while earnings per share stood at QR0.171 for the same period.
Shaikh Mohammed Bin Hamad Bin Jassim Bin Jaber Al Thani, GWC chairman, said: “The financial results for the first half of this year underscore the strength of GWC’s financial position and its ability to maximize profits. The company is actively implementing a strategic plan to improve its performance and solidify its position as the leading provider of logistics and supply chain solutions in Qatar. GWC aims at increasing shareholder value and providing a comprehensive range of high-quality logistics solutions and services, while continuing to achieve further milestones”.
Sheikh Abdulla Bin Fahad Bin Jassim bin Jaber Al-Thani, GWC Managing Director, said: “In terms of international operations, GWC actively expands its presence in regional and global markets through global network and subsidiaries. This strategy positions us to seize new opportunities, strengthen our market position, and diversify revenue streams by offering specialized and integrated supply chain and logistics services to clients in various industries. Additionally, the company is seeking new arenas to enter as part of its business diversification strategies, allowing for new, well-studied business opportunities to be a part of its revenue streams”.
Ranjeev Menon, GWC Group CEO, said: “We seek to expand into new sectors and markets, build long-term relationships with partners, develop human capital, while focusing on innovation, sustainability, and digital transformation. We are also committed to effectively managing our investment portfolio to solidify our leadership in integrated supply chain solutions. As the largest private sector developer of logistics hubs in the region, GWC has constructed over 4 million square meters of world-class logistics infrastructure. These hubs serve both local and international clients across various sectors, including aviation, telecommunications, fine art, and records, on a 3PL and 4PL basis. We continually bid on new projects and management agreements, with specialized hubs catering to vital industries like oil and gas in Ras Laffan and Messaieed industrial cities”.
The launch of GWC Energy, a wholly owned subsidiary of GWC Group, represents a pivotal step in leveraging growth opportunities in the energy sector, especially with the ongoing North Field Expansion Project, the largest gas project under construction in the world. Moreover, the launch of Al Wukair Logistics Park’s second phase is a key milestone in the company’s strategy to enhance performance and support micro, small, and medium-sized enterprises. This initiative aligns with Qatar National Vision 2030, stimulates economic growth, and fosters entrepreneurship and growth opportunities for start-ups.
GWC remains at the forefront as the premier provider of warehousing and distribution solutions across diverse industries. The company’s comprehensive services cater to entrepreneurs, MSMEs, and MNCs, as it manages billions of customer documents throughout their lifecycle in advanced storage facilities, provides land, air, and sea freight services, along with customs clearance, project logistics, and international moving and relocations. Additionally, GWC manages the State of Qatar’s largest fleet, boasting over 1,600 trucks, trailers, and specialized vehicles, while also providing marine services, facilitated through established subsidiaries, include shipping agency services, liner representation, port agency services, cruise ship hosting, and husbandry services. As the Authorized Service Contractor (ASC) for UPS in Qatar, GWC strategically expands the courier giant’s market share through the utilization of its logistics infrastructure.
By (Stefan Schmied – Leader of the IMEA region at LIXIL)
As I reflect on my journey through the bustling cities and serene landscapes of the Middle East, I am continually inspired by the region’s dedication to sustainable development. The innovative energy-efficient solutions emerging here are not just transforming our approach to water conservation; they are setting a new standard for sustainable living.
Sustainability is no longer a buzzword; it’s a way of life, embedded deeply into the national agendas across the Gulf Cooperation Council (GCC) countries. From the futuristic skyline of Dubai to the sprawling developments in Riyadh, there is a palpable shift towards integrating environmentally responsible practices in every facet of life. Public transport, architecture, and construction are all undergoing a green revolution, and it’s an exciting time to witness these changes firsthand.
Take the UAE, for instance. The UAE Water Security Strategy 2036 is a testament to the country’s commitment to ensuring sustainable access to water, even during emergencies. With goals like reducing total water demand by 21%, reusing 95% of treated water, and increasing national water storage capacity, the UAE is leading by example.
Saudi Arabia, too, has ambitious plans. As part of its Vision 2030, the Kingdom aims to reach net zero by 2060, focusing on new energy and water-conserving technologies. This is particularly crucial as the demand for water is expected to surge alongside rapid development in sectors such as hospitality, entertainment, and religious pilgrimage infrastructure.
Living in one of the most water-stressed regions in the world, we understand the urgency of these measures. Statistics reveal that 83% of the MENA region’s population is exposed to high levels of water stress. With global temperatures rising, an additional one billion people are predicted to face water stress by 2025. This looming crisis underscores the need for robust water-saving strategies.
Fortunately, the collaboration between the public and private sectors in the GCC is yielding remarkable results. In the global sanitaryware market, there is a shift towards smart technologies designed to minimize water wastage. As part of this wave of innovation, manufacturers are working closely with regional stakeholders to enhance water efficiency on a large scale.
For instance, touchless faucets like our GROHE touchless faucetsreduce water consumption by up to 70%. These faucets, equipped with advanced sensor technology, ensure that water only flows when needed, significantly cutting down on wastage. Similarly, GROHE’s EcoJoy technology integrates water-saving features into a variety of our products, helping to conserve water without compromising performance.
Another groundbreaking product is the GROHE SmartControl shower system. This innovative system allows precise control over water flow and temperature, promoting both water and energy savings. By maintaining consistent water temperatures, the SmartControl system enhances the shower experience while reducing unnecessary water and energy use.
Smart water controllers and meters are also playing a vital role in tracking water usage, identifying inefficiencies, and keeping consumers aware and informed of water consumption in their homes. Installed within transmission lines, these meters can detect fluctuations in water flow, pinpoint leaks quickly, and monitor water usage across various sectors. By 2030, it is estimated that 700 million smart water meters will be deployed globally.
While the strides made in water conservation are commendable, there is still work to be done. Governments need to transition from a linear model of water use and disposal to a circular model. This means more greywater recycling, advanced sewage treatment plants, and increased desalination facilities. Diversifying water resources is crucial as we move forward.
As the GCC countries continue to diversify their economies, managing water resources efficiently will be paramount. The burgeoning demand for water highlights the need for conscious management and regional cooperation. Innovative water-saving technologies will be essential to support the growth of mega projects in tourism, hospitality, and public infrastructure, which are vital for economic progress.
In closing, I encourage everyone—from policymakers to everyday consumers—to embrace these energy-efficient solutions. Together, we can ensure a sustainable future for the Middle East, where water conservation is not just a necessity but a shared responsibility.
Leschaco Group is proud to announce the appointment of Mrs. Mayerline Santamaria Neira as the new Managing Director for Leschaco Colombia and its subsidiaries, effective August 01, 2024.
Following the successful rebranding of the first four Colombian companies a few weeks ago, this strategic leadership appointment underscores Leschaco’s commitment to driving growth and innovation within the region.
Ensuring a smooth transition and continued excellence in operations, Mayerline will be guided into her new role by Jochen Raute, who co-founded Coltrans S.A.S. (today Leschaco Colombia S.A.S) in 1988 and still manages the company and its dedicated and talented employees today. He is planning his well-deserved retirement by the end of this year.
Mayerline Santamaria Neira brings over 20 years of extensive experience in the logistics industry, with a strong focus on sales, strategic planning, financial management, and organizational development. Her in-depth knowledge of the chemicals vertical market and her close collaboration with key pharmaceutical customers in her previous roles make her an important addition to the Leschaco team.
Mayerline’s career began in 2004 at Maersk Line in Bogotá, Colombia, where she held various senior management positions. She later served as Country Operations Manager at Crane Worldwide in Bogotá. From 2011 to 2015, she was the Maritime Product Manager at DHL Global Forwarding Colombia, leading the marketing strategy for maritime products both nationally and internationally. Most recently, she was the Commercial Manager at Puerto Industrial Aguadulce, a leading container terminal at the Port of Buenaventura, where she directed the development and execution of the company’s commercial and customer service strategy, aligning it with strategic objectives.
“Mayerline’s extensive network and expertise in the Colombian logistics market, along with her proven people management skills and deep experience in business transformation, position her well to drive our growth ambitions and lead our Colombian branches towards a prosperous future. We are happy to welcome her to our team,” said Martin Sack (Regional Head Americas). “Her strong experience and strategic vision will be key to advancing our objectives and reinforcing our position in the Colombian market.”
The Coltrans Group was acquired by Leschaco (Lexzau, Scharbau GmbH & Co. KG) on December 28, 2022. Coltrans S.A.S. has been a cornerstone of the Colombian logistics market. Over decades, it has established itself as a leading player, offering a comprehensive range of global logistics services, including import and export services, customs clearance, warehousing, and intermodal transportation. With a longstanding partnership with the Leschaco Group spanning over 30 years, Coltrans has been an integral part of Leschaco’s agent network, significantly contributing to its operations in Colombia, one of the largest emerging markets in Latin America.
H.E. Bin Touq leads UAE economic delegation to India this week to strengthen cooperation in new economy, logistics, advanced industries and entrepreneurship sectors
Latest edition of Investopia Global Talks to be launched in the Indian city of Chennai, attracting 300 participants
14 UAE SMEs to showcase their innovative projects before participating investors at Investopia India Global Talks
A UAE economic delegation headed by H.E. Abdulla bin Touq Al Marri, Minister of Economy, and Chairman of Investopia, which includes H.E. Alia bint Abdulla Al Mazrouei, Minister of State for Entrepreneurship, will visit the Republic of India this week to discuss the strengthening of economic cooperation in the new economy sectors. During the visit, the two sides will explore opportunities to forge new partnerships at the government and private sector levels in the fields of logistics, advanced industries, entrepreneurship, SMEs, environment and investment.
The visit falls within the framework of the growing economic relations between the two countries, which have witnessed significant development in all aspects of cooperation over the past years, with the unlimited support of both leaderships.
New version of Investopia Global Talks in the Indian city of Chennai
A new version of Investopia Global Talks will be held in the South Indian city of Chennai, Tamil Nadu, during the UAE delegation’s visit in order to create diverse economic and investment opportunities that support the two countries’ vision of expanding sectors and areas of mutual interest. The latest edition of the event will hold three panel discussions on enhancing the prospects for economic, investment and trade cooperation between the UAE and India in light of global economic developments. They will support cooperation between the two countries in the decarbonization of heavy industries, review recent global trends on investment and trade, as well as promising opportunities for the growth of SMEs. The session titled “Make in the Emirates” will feature Osama Amir Fadel, Associate Deputy Industrial Accelerator Sector, Ministry of Industry and Advanced Technology; Rola Abu-Mina CEO, Standard Chartered Bank, UAE; and Shakir Zeinel, Head of Banking at Emirates Development Bank. It will highlight the advantages and potential offered by the UAE to investors in the industrial sector, as well as the sector’s competitiveness at the regional and global levels.
Furthermore, the latest edition of Investopia India will host a roundtable with the participation of government officials, businessmen, and investors from both countries to explore economic, investment, and trade opportunities in the private sector, enabling both Indian and UAE business communities to benefit from it. Over 300 participants, including industry leaders, investors, entrepreneurs, economic experts, and representatives of leading Emirati and Indian private sector companies are expected to take part in this session.
Meetings with Indian ministers and government officials
H.E. Bin Touq will hold several one-on-one meetings with Indian ministers and government officials, including those with Shri. M.K. Stalin, Chief Minister of Tamil Nadu, and Dr. T.R.B. Raja, the Minister of Industry, Investment Promotion, and Commerce, in the government of the Indian state of Tamil Nadu. The purpose of the meetings is to further develop the economic relations between the two countries, explore new opportunities for investment, and strengthen dialogue at the private sector level, aligning with the developmental goals of both nations.
In addition, the Minister of Economy will visit the Indian Institute of Technology Madras (IITM), one of India’s premier engineering and technology institutes known for its advanced research facilities and laboratories. IITM actively engages in various cutting-edge research projects. The visit will foster exchange of knowledge and best practices in scientific research, entrepreneurship, startups, FinTech, and AI. H.E. will also visit the headquarters of the Tamil Nadu Industrial Development Corporation (TIDCO) and its state-of-the-art manufacturing facility, gaining insights into the latest advancements fueling the growth of advanced industries, space exploration, and electric vehicles.
The visiting UAE delegation includes more than 27 representatives of government entities and national and private companies. These include the Ministry of Investment, Ministry of Industry and Advanced Technology, Dubai Chamber of Commerce, Sharaf Group, Lulu Group International, Emirates Development Bank (EDB), Standard Chartered UAE, GFG Alliance, PGI Group, Wio Bank, and WizzAir Abu Dhabi. In addition, 14 UAE SMEs will showcase their innovative projects before participating investors at the latest Investopia Global Talks.
Powerlec Bahrain 2024 to help drive momentum for MENA circular economy initiatives
Share of renewable energy in primary supply mix in MENA slated to touch 26 per cent by 2050, says IRENA
The three-day expo and conference to be held in Manama during September 23-25 2024
Powerlec Bahrain 2024, an international trade fair and conference on solar, renewables, storage, power and electrical industry will open in September in Manama in the backdrop of governments in the MENA (Middle East & North Africa) region actively seeking to reinforce and sustain circular economy initiatives to meet decarbonization goals through energy transition.
The show’s key partners include the Dubai Renewable Energy Business Group (DREBG), Dubai Chamber of Commerce, and the Middle East Solar Industry Association (MESIA), among others.
“This landmark event will provide a platform to explore and engage with the opportunities presented by the Kingdom of Bahrain’s ambitious decarbonization initiatives. We look forward to this pivotal event’s positive impact on the renewable energy landscape in Bahrain and beyond,” said L. K Verma, Chairman, DREBG.
The three-day expo from September 23-25, 2024, organised by Verifair, will have participants from the entire renewable energy ecosystem, and this year the conference theme for the show will be on ‘Bahrain’s Net Zero Ambition – Unfolding Renewables, Green Hydrogen for a Sustainable, Decarbonized Economy.’
DRBEG members will be showcasing the latest advancements in the renewable energy technologies and capabilities, aligning with Bahrain’s drive towards a sustainable future, said Verma, who is also the Founder and Managing Director of Orange Overseas FZE, Powernsun, PnS One, Pvmarket & Areem.
Across MENA, the focus on decarbonisation has gathered strength over the years, and as per Bahrain’s National Energy Strategy announced at COP 26 in Glasgow, the Kingdom has committed to achieve a 30 per cent reduction in emissions by 2035 and total neutrality by 2060.
“Bahrain is at the cusp of leading the region in renewable energy adoption. Powerlec Bahrain will play a pivotal role in strengthening the renewable energy community’s role to meet the targeted objective by bringing all the stakeholders on one platform, said Hinde Liepmannsohn, Executive Director of Middle East Solar Industry Association (MESIA), which has partnered with Verifair for the show.
She said MESIA is also taking proactive steps to position the Kingdom as a sustainable energy pioneer and fulfil the country’s Net Zero commitment by 2060.The principal sponsor of Powerlec Bahrain is JA Solar and headline sponsor is SUNGROW.
“Bahrain is creating a lot of new opportunities for solar and wind energy, and we are elated to present our extensive product portfolio to the local clientele. We are eager to support Bahrain in achieving its sustainability objectives and to work alongside it to transition to a green economy,” said Lei Wu, COO of Overseas Strategic KA Center & MEA Region, SUNGROW.
According to International Renewable Energy Agency (IRENA), energy transition towards renewables is well under way in the region. IRENA’s World Energy Transitions Outlook (WETO) has projected that 26 per cent of the total primary energy supply in the region will be from renewables by 2050, resulting in a CO2/year reduction equivalent to 1.1 Gt. The renewables sector jobs also could touch 2 million by then, up from 542,000 in 2017.
“The commitment by governments in the MENA region to contribute to limiting the global temperature rise to below 1.5 degree C as per the Paris Agreement has spawned a robust energy transition movement across the region, opening up huge opportunities for businesses in the green technologies space. Powerlec Bahrain is a unique platform in this context to leverage business growth and contribute to the Net Zero movement,” said Jeen Joshua, Managing Director, Verifair.
Ajman Transport Authority partners with BPC to digitalize Ajman public transport payments through O-CITY
The Ajman Transport Authority from the UAE has partnered with BPC, a global leader in payment solutions, to become the first authority in the UAE to implement modern payments technology on public transport buses, enhancing smart services within the transportation sector, through introduction of O-CITY, a solution for Smart Cities’ and mobility developed by BPC.
The agreement was signed by His Excellency Omar Mohammed Lootah, Director General of the Ajman Transport Authority, and Hany Al-Deeb, MD for Mobility, Digital Eco-Systems & Smart Cities Solutions, O-CITY.
To ease the use of contactless bank cards for commuters using the public transport buses belonging to the Ajman Transport Authority’s fleet, BPC has delivered technical solution for contactless bank cards, including certified devices and an integrated open-loop automated fare collection solution O-CITY that enables the acceptance of payments from all bank cards on public transport buses.
His Excellency Omar Mohammed Lootah, General Director of Ajman Transport Authority, emphasized the Authority’s willingness and dedication to improving its services and advancing smart service initiatives. He noted that with introduction of O-CITY, commuters can now benefit from a unified ticketing experience, eliminating the need to visit a ticket office, by conveniently paying contactlessly using a bank card directly on the bus.
Commuters are now able to use O-CITY mobile app, which allows them to link bank cards, monitor their card balances, locate and track public transport vehicles, view previous trips and payments, and purchase electronic tickets online.
His Excellency Omar Mohammed Lootah, General Director of Ajman Transport Authority, confirmed: “The introduction of mobile ticketing brings ease of user registration, transparent interactions between commuters and drivers, and reduced costs associated with handling cash. It marks a significant step in the era of contactless payments, greatly enhancing the convenience of public transport and is expected to encourage more citizens to use it more frequently.”
Hany Al-Deeb, Managing Director for Mobility, Digital Eco-Systems & Smart Cities Solutions at O-CITY, stated: “Our company is dedicated to developing exceptional technology and customer service, assisting financial institutions and companies in delivering innovative solutions. The Smart City Solutions division, established by our company, plays a crucial role in providing an open-loop platform that enables contactless payments via bank cards and wearable devices in public transport for the transport authority.”
The hardware-agnostic O-CITY solution utilises EMV open-loop technology to facilitate a seamless ticketing process for passengers in Ajman and across the UAE, providing a smooth payment experience and real-time trip tracking for both commuters and operators. The system includes bus status verification devices, a passenger application, and a back-office management system for the Ajman Transport Authority, ensuring centralised fare management and effortless service scalability for the operator.
Silk Way Airlines is proud to announce the successful transportation of two beluga whales from an aquarium in Ukraine to their new home in Spain. This extraordinary mission, completed under challenging circumstances, highlights Silk Way Airlines’ commitment to animal welfare and its capability to handle delicate and complex cargo.
The two beluga whales, which were evacuated from an aquarium in Ukraine, were transported to a new facility in Spain where they will receive the care and environment they need to thrive. This mission was undertaken with meticulous planning and coordination, ensuring the safety and wellbeing of the whales throughout the journey.
Due to the ongoing war in Ukraine, direct flights were not possible. The belugas were transported from Ukraine to Moldova by land, where Silk Way Airlines then flew them safely to Spain. Silk Way Airlines leveraged its extensive experience in handling special cargo to ensure that the belugas were transported under optimal conditions. The airline’s specialized team worked closely with animal care experts and veterinarians to monitor the whales’ health and comfort during the flight. The transportation involved a series of carefully planned steps, including the use of specialized equipment and containers designed to provide a stable and secure environment for the animals. Silk Way Airlines collaborated with Oceanografic and a group of international animal transporters specializing in marine mammals to make this mission a success.
“We are honored to have been chosen for this critical mission,” said Mustafa Azimov, First Deputy Director of Silk Way Airlines. “Our team’s dedication and expertise in managing sensitive and unique cargo ensured the successful and safe relocation of these impressive creatures. I would like to thank the entire rescue team engaged in this mission and especially the crew for their exceptional efforts during takeoff, flight, and landing. They ensured the journey was smooth and stress-free for the animals, and delivered them safely to their new home. This operation was very difficult and sensitive, but together we undertook a painstaking job that lasted about 3 months in total, ensuring it would be a success. We are proud to have been part of this unique mission to rescue these two magnificent whales.”
The successful completion of this mission underscores Silk Way Airlines’ capacity to handle complex logistics and special cargo, further cementing its position as a leading regional air cargo carrier.
Challenge Group appoints industry specialist, Eyjolfur (Eyvi) Vestmann Ingolfsson as its new Head of Materials and Logistics to augment its portfolio of sustainable and cost-efficient recycled aircraft parts services.
At a global, annual value of USD 2.2 billion, the aftermarket for recycled aircraft parts presents a major strategic opportunity; one that offers beneficial solutions to the various challenges the aviation industry currently faces in view of the ongoing backlog in production components supply, for example. Parts shortages on the one hand and the crucial and positive industry shift towards greater sustainability on the other, are just two of the reasons why Challenge Group has now appointed Eyjolfur (Eyvi) Vestmann Ingolfsson to head its Materials and Logistics department.
“Recycling aircraft parts is an absolute win-win-win – for the environment, for the aviation industry, as well as for Challenge Group, since it serves as a prime example to illustrate the benefits of collaborating with an all-in-one service provider,” says Eyjolfur (Eyvi) Vestmann Ingolfsson, Head of Materials and Logistics at Challenge Group. “With Challenge Technic, Challenge Handling and Challenge Air Cargo, we combine the professional MRO, handling, and transportation expertise required to ensure the highest quality of service in this particular niche market. Nowhere is the focus on flight safety greater than on the components that make up an aircraft. Aviation begins with a fully functional and airworthy fleet.”
Across the globe, airline fleets are being modernised and expanded. As a result, passenger aircraft are being converted into freighters, and older aircraft dismantled for recycling or regeneration. A staggering 6 million different parts make up a single Boeing 747. Of those, at least 2,000 part-types can be regenerated within the aviation industry alone, thus significantly contributing to the sustainability and efficiency of aircraft maintenance. Challenge Group is now further increasing its focus on sourcing and supplying these components, in anticipation of growing demand both from within aviation as well as other industries looking to upcycle aircraft elements.
There are significant benefits in using recycled parts. Not only in terms of cost savings – recycled parts typically cost three to four times less than new ones – but also time. Recycled parts are more readily available compared to the lengthy and often delayed production times required for new components from the manufacturer. Environmentally more sustainable, too, this practice not only addresses current supply chain issues but also extends the life of critical aircraft components, ensuring efficiency and reliability in the aviation industry. Challenge Group places a strong emphasis on compliance with regulatory standards and certifications during the purchasing process of recycled and regenerated parts.
“Challenge Group collaborates with the leading platform dedicated to aircraft recycling and spare parts reuse, and only purchases recycled and regenerated parts from EASA certified providers,” Eyjolfur Vestmann Ingolfsson confirms. “With the clear trend towards sustainability and an ever-increasing number of converted aircraft, Challenge Group has solid plans to expand its activities in this segment. The aircraft recycling sector is poised for significant growth, and we see it as our duty to enhance our services and impact, and support our customers in their challenge of procuring and receiving highest quality recycled parts.
CEVA Logistics, Almajdouie Logistics sign Joint Venture in Saudi Arabia
As a part of its strategic plan, CEVA Logistics announced today that it has signed a Joint Venture (JV) agreement with Almajdouie Logistics, one of the leading logistics providers in the Kingdom of Saudi Arabia (KSA).
The signed agreement now awaits review and approval by the necessary regulatory authorities. CEVA Logistics would control the majority of the newly established joint venture.
Strategic move for both sides
The JV would mark a major milestone in both companies’ growth strategies. Almajdouie Logistics would benefit from CEVA’s strong global network, allowing it to serve its growing portfolio of customers with end-to-end integrated logistics solutions anywhere in the world. At the same time, CEVA Logistics would continue building an established and strong presence in Saudi Arabia to fulfill its regional growth strategy. Once completed, the JV organization would have around 2,000 employees in KSA and a local fleet of more than 2,000 assets.
Expertise, solutions for growing industries
The JV would target various industry verticals ranging from the conventional Saudi energy and petrochemicals industry to automotive, e-commerce, consumer and retail. The combination of regional knowledge and global solutions within the JV would allow many local customers to expand their geographic offering and allow global customers to better serve the Saudi Arabian market.
Offering end-to-end global and local logistics services would respond to a thriving Saudi market and support the Saudi Vision 2030. With most of the cargo used for the Saudi Arabia’s giga projects coming from overseas, seamless logistics is paramount and a key enabler of Vision 2030. The Saudi Ports Authority invested SAR 17bn ($4.5bn) in the Kingdom’s maritime, logistics and port sector in 2023, and signed agreements to create new logistics parks on both coasts of Saudi Arabia – in the East at King Abdulaziz Port in Dammam, and at Jeddah Islamic Port in the West.
Mohammed Almajdouie, CEO of Almajdouie Logistics, said: “By pooling our expertise and resources through this partnership, we aim to strengthen our competitive advantage and offer an integrated and comprehensive suite of logistics services enabling us to capitalize on the opportunities presented by the Kingdom’s vibrant and rapidly evolving business landscape. We can accomplish together what we cannot achieve separately.”
Mathieu Friedberg, CEO of CEVA Logistics, said: “Around the world, CEVA is extending our local knowledge for the benefit of our customers. We have worked successfully with Almajdouie Logistics over the past decade, and with the growing market in Saudi Arabia, this joint venture would strengthen our local presence. By combining our complimentary capabilities, the JV’s customers would have access to bespoke global solutions implemented reliably by local experts.”
According to recent Bain & Company reports e-commerce in Saudi Arabia is now accounting for 14% of retail sales.
This is higher than the previous estimates made by Bain & Company because this time around the research included almost SAR20Bn of GMV from SME merchants on platforms like Salla. Note that SAMA reports that MADA for ecommerce account for 12% of total consumer spend but the scope differs as SAMA considers all consumer expenditures, not only retail. But the most interesting insight is the fact that e-commerce accounted for 85% of total retail growth.
Considering the large pipeline of shopping malls under development in the Kingdom, the researchers are trying to understand whether this will bring down the growth of the online courtesy the start of a new infux of retail stores or will it help the parallel growth of both sectors?
Over the years, we’ve learned that experience and content are imperative to selling coffee. Each of our coffee is designed locally highlighting culturally important aspects. Today, we grow around 1,000 tons of coffee annually in Saudi Arabia. Our coffee is organically grown, a variety that’s registered in the United Nations as an intangible asset. And we’ve taken this to another level with our new range of fruit-infused coffee.” Osamah Alawwam Co-Founder, Roasting House.
We’re not in the restaurant business. We’re in the people business. Having worked with Starbucks and now working with one of the largest F&B operators in Saudi Arabia with more than 500 restaurants alone in the Kingdom, the principle remains the same – a people-frst approach. Starting from the head offce, it cascades down to the restaurants that we operate. That’s our secret recipe”.Faisal Younes Chief Executive Offcer – F&B, Cenomi Retail.
Scan Global Logistics (SGL) is proud to announce the launch of the first electric cross-border truck in Asia as part of its zero-emissions partnership with HTH Corporation. Deriving from a vision and commitment to creating a more sustainable logistics industry, the new electric truck is the first step to reducing road transport CO2 emissions on one of the region’s busiest trade routes.
As the first freight forwarder in Asia, Scan Global Logistics proudly announces the launch of the first 100% zero-emission electric vehicle (EV) service between two countries, Malaysia and Singapore. The truck will operate a designated lane between Singapore and Kuala Lumpur via Johor, offering cross-border FTL and LTL services. At a later stage, the route will extend to Penang in northern Malaysia. Enabling nearly one ton of CO2 savings per shipment, the truck plays a significant role in decarbonizing one of the busiest trade lanes in Asia.
Rickard Ingvarsson, CEO Asia, expands on the prospects of the strategic collaboration which fostered the electric truck in only two months from the idea to launch:
‘This initiative highlights our shared commitment to fostering sustainable logistics solutions to support our customers in significantly reducing the carbon footprint on one of the region’s busiest trade routes. Driving sustainability through partnerships is something close to our heart, and this collaboration is a testament to what can be achieved when like-minded companies unite on a common goal.’
The truck is a collaboration with SGL’s strategic partner, HTH Corporation, a Malaysia-based company offering complete supply chain solutions.
One shipment, nearly one ton of CO2 reduction The route will service between Singapore and Kuala Lumpur via Johor. Soon, Penang, further North, will be available, too. Truck services are ideal solutions for customers operating between Singapore and Malaysia.
Depending on route and cargo, the truck will enable customers to reduce around one ton of CO2 per shipment. In addition to zero tailpipe emissions, the solution includes CO2e reporting and a certificate to help customers validate their environmental contribution. A digital solution provides full visibility for improved efficiency.
SGL commits to halving all emissions before 2030 and reaching net-zero emissions by 2050 across all scopes. The initiative also supports the UN Sustainable Development Goals (SDG) 13 ‘Climate Action’ and 17 ‘Partnerships for the goals’, which are goals included in both companies’ sustainability strategies.
Automechanika Dubai 2024 has unveiled the event’s inaugural Advisory Board, with a remit to shape the future of the event through expert insights and knowledge
A total of 18 industry professionals have been selected, covering all verticals and sectors from across the automotive industry
The exhibition will take place from 10-12 December at the Dubai World Trade Centre, showcasing more than 2,200 exhibitors and welcoming over56,000 visitors
Automechanika Dubai, the leading event for the automotive aftermarket industry, has officially unveiled the leaders supporting the event’s growth as part of the inaugural Advisory Board.
The panel of industry innovators and experts will provide insights and knowledge to guide Automechanika Dubai’s future success and drive forward the automotive aftermarket industry.
The Advisory Board comprises professionals, including manufacturers, suppliers, service providers, researchers, academics, and thought leaders. The diverse backgrounds and perspectives will ensure the event remains at the forefront of industry developments while providing invaluable insights for the sector at large.
Mahmut Gazi Bilikozen, Portfolio Director at Automechanika Dubai organiser Messe Frankfurt Middle East, said: “It is a privilege to work with such an esteemed group of experts, and I look forward to developing their strategic insights and reinforce Automechanika Dubai’s position as the leading event for the automotive aftermarket in the wider Middle East region.
“This year’s event will offer a wealth of business opportunities for stakeholders, and trade visitors can look forward to comprehensive workshops and presentations on emerging technologies, discussions on industry challenges and market trends, and meaningful networking opportunities.
“With the support of our Advisory Board, we are committed to enhancing the overall experience for exhibitors, trade visitors and delegates.”
The group of 18 expertscovers a diverse range of automotive verticals and companies, from both a regional and international perspective. They include, BMW AMGC, BP Castrol Lubricants, Emirates Center for Mobility, Frost & Sullivan, General Motors, HELLA Middle East, PwC, Volvo Group, among others.
Their input will support the event’s various show features, including the Automechanika Dubai Academy, a knowledge-sharing platform for the automotive aftermarket and service industry, and Innovation4Mobility, a hub for groundbreaking technologies, futuristic concepts, and visionary ideas shaping the future of transportation.
The Modern Workshop will showcase cutting-edge technologies, tools, and solutions revolutionising automotive repair and maintenance, while AfriConnections will highlight the diversity and opportunities in Africa’s automotive industry. Automechanika Dubai 2024 will also host the fourth annual Automechanika Dubai Awards, celebrating excellence and innovation in the automotive aftermarket industry.
Elsewhere on the show floor, a total of nine specialised product categories will be showcased, including Parts & Components, Electronics & Connectivity, Accessories & Customising, Tires & Batteries, Car Wash & Care, Oils & Lubricants, Diagnostics & Repair, Body & Paint, and Management & Digital Solutions.
“With over 86% of the exhibition space already sold, we’re well on track to hosting over 2,200 exhibitors and more than 56,000 attendees, where we deliver another groundbreaking edition of Automechanika Dubai,” concludedBilikozen.
The Automechanika Dubai Advisory Board includes:
· Amjed Kallan, General Manager, Bilstein Group
· Andrew Marsh, Automotive Engineer
· Atef Tlili, General Manager – Product Development & Marketing, General Motors
· Dirk Fuchs, CEO & Founder, Electric Mobility Consulting LLC
· Dr Hamid Haqparwar, CEO, BMW AMGC
· Dr Hamad Al Jassmi, Director of Emirates Center for Mobility Research, United Arab Emirates University
· Hassanein Alwan, Managing Director, Mineral Circles Bearings
· Heiko Seitz, eMobility Leader, PwC
· KivancKarayol, Regional Director & Sustainability Leader, Volvo Group
· DrMaya Ben Dror, Mobility Expert
· Mazen Shamseddin, General Manager, BP Castrol Lubricants
· Mohamed Kassem, Franchise Director, Al-Futtaim Electric Mobility Company
· Mohammed Aqel, General Manager, Central Trading Company
· Mesut Urgancilar, Managing Director, Groupauto Middle East & Africa FZCO
· Mark Phillips, Automotive Video Host & Editor Aftermarket Intel
· Dr Nima Mehrdadi, Vice President Aftermarket Middle East, Africa, India & Central Asia and Managing Director, HELLA Middle East
· SheerhanJeeaudeen, Managing Director, ZF Middle East LLC
· Subhash Joshi, Vice President and Practice Area Leader, Frost & Sullivan
Automechanika Dubai 2024 will be held at the Dubai World Trade Centre (DWTC) from 10 to 12 December.
Leschaco, Inc. USA has recently obtained the Responsible Care Certification highlighting Leschaco’s dedication for safe and sustainable work in chemical logistics operations.
Leschaco, Inc. USA has successfully obtained the Responsible Care Certification in the areas of all Environment, Health and Safety & Sustainability (EHS&S) activities associated with 3PL/Freight Forwarding, 4PL, Overland, Air Freight, Contract Logistics, and ISO Tank Containers. This marks a significant milestone and shows the deep commitment to the highest standards in safety, service, quality, and sustainability at Leschaco.
Responsible Care focuses on key guiding principles, which aim to drive safety & sustainability performance in the chemical industry. Principles such as continuously improving environmental performance, fostering a culture of safety risk management and ensuring safe transport of chemicals are also a fundamental element of Leschaco’s business strategy. It is included in every part of business activities, roles, and relationships.
Daniel Stoffler, President & CEO of Leschaco, Inc., states: “Achieving Responsible Care Certification marks a significant step forward in our journey to provide world class logistics solutions to our customers. It reaffirms our commitment to sustainable growth, responsible practices, and the highest standards of operational excellence.” He concludes: “At Leschaco, we believe that conducting business ethically and sustainably is not only a responsibility but also a core value that drives our daily operations.”
The Responsible Care Certification for Leschaco USA underscores the commitment to responsible conduct, a cornerstone for the ongoing development of the Leschaco Group, reflecting the global values of the company.
About Responsible Care: Responsible Care is a global, initiative created by and for the chemical industry standing for the continuous improvement of health protection, voluntarily exceeding legal and regulatory requirements. It operates in almost 70 countries around the world, representing nearly 90% of global chemical production, and has been adopted by 96 of the world’s 100 largest chemical producers. The guiding principles of the initiative promote ethical leadership, safety, environmental stewardship, risk reduction, regulatory cooperation, and continuous improvement in the chemical industry.
Company information: The Leschaco Group is a traditional, owner-managed logistics service provider and offers intercontinental logistics solutions for sea and air freight as well as contract logistics and tank container operation. As proven partner for leading companies in plant construction and mechanical engineering, automotive, chemical and related industries, producers of consumer goods and pharmaceuticals. Leschaco offers comprehensive logistics solutions from one single source. Our globally standardized IT–environment guarantees the required high process transparency. The company was founded under the name of Lexzau, Scharbau by Wilhelm Lexzau and Julius Scharbau in Hamburg in 1879. Today, the group is represented in 24 countries worldwide. This network is supported by a carefully selected network of agents. The company insists on a sustainable business development and its headquarters are in Bremen.
The two-day 2nd MENA SCMLOG 5.0 held in Dubai’s Dusit Thani saw 100 of UAE’s top supply chain leaders gathered to discuss advancements in supply chain planning, technology initiatives and how they have adopted IBP (Integrated Business Planning) to align the organization.
Prominent supply chain practitioners from across the region recently converged at the 2nd MENA SCMLOG 5.0 to discuss the emerging transformational objectives-Resilience, Agility, and Sustainability. Together, they explored actionable strategies to shape the supply chains of tomorrow and collectively discussed and reset industry criteria and benchmarks.
The distinguished attendees included Ashish Sood, Chief Supply Chain Officer, Landmark Group; Dr. Raman Kumar, Managing Director, Al-Futtaim Logistics; Amadou Diallo, CEO-MEA, DHL Global Forwarding; Shailen Shukla, Supply Chain Director, Omar Kassem Alesayi Group (OKAG); Prabha Venugopalan, Chief CO, DB Schenker ME and Africa; Shashi Kiran, Group General Manager, OCS; Praveen Khare, VP-Retail Logistics and Fulfillment, Noon; Anand Doraiswamy, Head Supply Chain Planning & Contract Manufacturing, Dabur International and Serge Taibaly, MEA Zone-Head of Transport and Customs, Schneider Electric, among several others.
In his theme keynote address ‘New Paradigm for MENA Supply Chain-Symbiosis between Planning, Technology, and Strategy’ Dr. Rakesh Singh, CEO, ISCM (Institute of Supply Chain Management), spoke about a new paradigm that is emerging for supply chains in MENA, emphasizing a symbiotic relationship between planning, technology, and strategy.
Dynamic integration
This dynamic integration recognizes the importance of strategy, cutting-edge technology, and robust planning frameworks in driving supply chain excellence. By aligning these elements, organizations can navigate complexities, optimize efficiencies, and build on opportunities in the MENA Region. This approach fosters agility, resilience, and innovation, empowering supply chains to adapt and thrive amidst evolving demands and disruptions.
The speakers delved into the challenges and opportunities of creating a more mature planning process. A key topic of discussion was creating a technological framework to facilitate digitalization in supply chain planning.
Panelists shared insights on leveraging emerging technologies such as artificial intelligence, machine learning, and advanced analytics to enhance forecasting accuracy, optimize inventory management, and improve demand planning.
Focal point
Another focal point was on building a successful Sales and Operations Planning (S&OP) process through Integrated Business Planning (IBP). Speakers shared best practices for aligning cross-functional teams, integrating data from various sources, and establishing a collaborative decision-making framework.
Case studies showcased how organizations have successfully implemented IBP to achieve greater agility, responsiveness, and profitability in their supply chains.
The event closed with the 2nd ISCM MENA Logistics Excellence Awards, where ISCM felicitated the visionary leadership of the regions supply chain and logistics leaders.
The Institute of Supply Chain Management (ISCM) is India’s premier education, training, research, and consulting firm, exclusively focused on Planning, Supply Chain, Logistics, Sustainability, and Sourcing.
The National Association of Freight & Logistics (NAFL) has asked its members to be fully prepared for the UAE Pre-Loading Advance Cargo Information (PLACI) regulations, ensuring that partners and customers will experience no disruptions in their shipments. This achievement underscores the Association’s commitment to maintaining the highest standards of security and efficiency in operations.
PLACI, the new security regime, is an advanced security measure designed to enhance the monitoring and safety of air cargo. It mandates the submission of cargo data to regulatory authorities for risk assessment prior to loading, thereby enhancing the security of the supply chain.
Awareness Session
To this end, NAFL hosted an awareness session on the PLACI regime exclusive to its members to ensure all the foreorders are acquainted with the new use PLACI policies that will be executed. This pre-loading advance cargo information policy is being used in the USA and the EU.
The members enjoyed the informative session and information presented by the National Advance Information Centre (NAIC) team and specialists. There was considerable in-depth knowledge shared and followed by open question and answer session.
Speakers at the specially convened session included Nadia Abdul Aziz, President, NAFL; Ahmed Essameldin, Chief Strategy Officer, NAIC; Mohammed Al-Qattan, Development Team Leader, NAIC; Rafik Farid, NAIC Programmes Manager-PLACI Progress and Loay El Kashef, NAIC Business Analysis Lead. Al-Qattan presented the work procedures with several NAIC experts present at the meet.
The event attracted several senior professionals from the industry and allowed them to network and exchange information. NAFL thanked NAIC team for all their support and cooperation to the freight and logistics industry.
Protocol
This protocol is crucial for addressing potential threats early and supporting the seamless flow of commerce by ensuring that all cargo is risk-assessed before it is loaded onto an aircraft.
The well attended PLACI Awareness Session & Overview session covered subjects that included Ecosystems & Liabilities, Business Process, Data Requirements, Onboarding of Freight Forwarders, Programme Plans and Milestones, and open discussions where members peppered speakers with frequently asked questions (FAQs).
Since its introduction, the adoption of PLACI has gradually expanded. Initially implemented by the US Customs & Border Protection with the Air Cargo Advance Screening (ACAS) programme in 2019, it was later adopted by the European Union with the launch of the Import Control System 2 (ICS2) in 2023. Both ACAS and ICS2 are fully integrated into local and regional operational processes and will eventually start live filing to ACAS.
NAIC
NAIC, under the Federal Authority for Identity, Citizenship, Customs & Port Security, is the first country outside of North America and Europe to implement a PLACI regime.
Additional countries are planning to roll out PLACI, indicating a growing global commitment to bolstering the security of the air cargo supply chain against evolving threats.
NAFL also exhorted its members to be fully committed to the successful implementation of the UAE’s PLACI initiative and has integrated UAE PLACI standards into its global operations.
“The early and comprehensive adoption of UAE PLACI protocols will demonstrate our members’ dedication to security and a proactive approach to regulatory compliance,” commented Nadia Abdul Aziz, President, NAFL.
Companies will continue to work closely with international and local authorities to navigate these new regulations effectively. Carriers will also be required to assist partners and customers in understanding and adapting to these changes, ensuring that all stakeholders are informed and prepared.
The maiden IMAGES RetailME Food Business Forum (FBF), MENA’s knowledge-sharing platform for food service (HoReCa) and food & grocery retail, brought together industry leaders from across MENA under one roof in its inaugural edition.
In the wake of the thriving food industry landscape in the MENA region, industry titans converged at the UAERG (UAE Restaurant Group) Food Service Forum and IMAGES RetailME Food Business Forum held at the JW Marriott Hotel Marina in Dubai on Thursday, June 6, 2024.
The events witnessed an impressive gathering of over 400 attendees, 100+ speakers, and 20+ sessions, embodying a collective endeavour to explore novel prospects and foster innovation within the Hotel, Restaurant and Catering (HoReCa) and Food and Grocery Retail sectors.
Expressing the power of the ecosystem Mohamed Alabbar, Founder of Noon, acknowledged the importance of small and medium enterprises (SMEs) in the food business landscape. ” SMEs account for approximately 70 percent of the 30,000 food outlets in Dubai, forming the bedrock of our economy. We must encourage the growth of local, home-grown brands,” noted Alabbar.
Collective action
Amitabh Taneja, Editor in Chief, IMAGES Retail ME, emphasized the significance of collective action in propelling the industry forward. “The UAE’s food service market is expected to grow at a remarkable CAGR of 17.09 percent, potentially reaching US$ 43.98bn by 2029. We believe that the food business at large is a critical part of the overall retail ecosystem,” he observed.
The morning hours of the conference delved deeper into understanding the nuances of the food business through the lens of industry leaders such as Panchali Mahendra, CEO, Atelier House, a global hospitality chain, who highlighted the importance of enhancing customer experience by balancing technology implementation with human touch.
Implementing technology
George Kunnappally, Managing Director, Nandos-UAE, spoke about the choice of implementing technology, only if necessary. While the industry leaders from the food service industry shared their culinary secrets to success, the food and grocery industry leaders touched upon the trends dominating the MENA region and how the CEOs and their teams are navigating the ever-changing grocery landscape with the right strategies and actions.
Muhammad Adeel Anjum, CEO, Circle K Arabia, highlighted the rapid growth and future potential of the grocery industry. “The MENA grocery retail sector is undergoing a significant transformation. The integration of advanced supply chain solutions and real-time analytics is enabling us to meet the dynamic needs of our customers more efficiently,” he remarked.
“Our aim is to lead the way in providing high-quality, locally sourced products to our customers,” commented Mohamed Al Hashemi, Chief Executive Officer, Union Coop.
Spotlight
Further during the day through the conversations at IMAGES RetailME Food Business Forum, the varied aspects of the MENA grocery landscape were brought under the spotlight. While key leaders discussed role of technology and Artificial Intelligence in proliferating business growth, a special session on the growth of online grocery in the region brought an illustrious panel featuring John Noja, General Manager, Talabat Mart UAE; Mahmoud Bahaa, General Manager, Rabbit; Chase Lario, VP, Groceries, Careem; Halima Jumani, Founder and CEO, Kibsons International and Raed Hafez, CEO, El Grocer By Smiles.
The sector is projected to grow to US$ 10bn by 2029. As a community-founded, nonprofit organization, UAERG is committed to closely working with governmental bodies to sustain and enhance business opportunities. This forum represents a pivotal moment for collaboration and innovation within our industry in the UAE,” explained Amit Nayak, Vice Chairman, UAE Restaurants Group & Vice President, HAMA MEA.
The power of homegrown brands and how the fusion of local and global is redefining palates became a highpoint of discussion at the forum and the panel had local businesses talking about the art of mastering customer expectations by offering personalized experiences, all while catering to diverse tastes. Osamah Alawwam, Co-founder, Roasting House, touched on the concept of ‘Made in Saudi’.
“Local brands have a unique opportunity to showcase our rich cultural heritage and flavors. By emphasizing quality and authenticity, we can create a strong identity that resonates globally,” he said.
Global concepts
On the other hand, talking about interesting global concepts and how tweaking the same to local tastebuds can create a difference. “Understanding local preferences and integrating them into global culinary trends is key to our success. By doing so, we can offer a unique dining experience that appeals to both local and international customers,” stated Louay Moursel, Regional Director of Operations, Gastronomica.
Food Business Forum’s dedication to nurturing growth via community involvement and collaborations with governmental bodies aligns seamlessly with the core principles of AGI,” said Dr. Sadeddine Mneimne, Chairman, Access Group International (AGI) Holding.
Sharing expertise
“The Food Business Forum has been an impressive gathering of industry leaders, all in one place, showcasing and sharing their expertise and success stories. It’s inspiring to see such a convergence of ideas and experiences, which greatly benefits everyone involved,” asserted Sadique Ahmed, CEO, Pathfinder and Founder, RetailGPT,
Moving on, the platform celebrated excellence and innovation within the industry through the IMAGES awards. The IMAGES RetailME Food Service Awards 2024 and Golden Spoon Awards powered by Allezz celebrated best practices in the food service and food and grocery retail across MENA. From culinary innovation to operational excellence, the awardees represented some of the finest retail practices, inspiring others to strive for excellence in their own endeavours.
WestJet Cargo Launches Campus’ Air: Affordable shipping solutions for students and university staff
WestJet Cargo is launching its new Campus’ Air service, designed to provide students and university staff with cost-effective shipping solutions for their personal effects. This initiative broadens WestJet Cargo’s portfolio of services by specifically catering to the unique needs of the academic community, further enhancing its comprehensive shipping solutions.
Launched on July 1st, Campus’Air is part of WestJet Cargo’s ongoing commitment to investing in the community and paving a brighter future for Canada. Under the Campus’Air program, students and employees of select Canadian universities will receive a 50% discount on published freight rates applicable to domestic shipments of personal effects. This significant discount ensures that the service remains accessible and economical, helping students and faculty staff manage their shipping needs with ease.
“At WestJet Cargo, we recognize the unique challenges faced by students and university staff in transporting their personal belongings,” said Kirsten De Bruijn, Executive Vice President, WestJet Cargo. “Campus’Air is our way of supporting the academic community, providing them with an affordable, reliable shipping solution that underscores our commitment to fostering education and community development across Canada.”
To qualify for the Campus’Air discount, individuals must be current students or employees of the participating universities. Obtaining a shipping quote is simple and can be done by contacting the WestJet Cargo contact center. Most shipments will arrive within 24 hours, subject to flight availability and connecting options.
The Campus’ Air initiative currently applies to domestic shipments only, WestJet Cargo encourages students whose universities are not currently featured to reach out for possible future inclusion.
Quooker recently celebrated a groundbreaking ceremony to mark the first day of construction for a new state-of-the-art Swisslog automated logistics center in NieuwReijerwaard, Netherlands.
Quooker, inventor of the world’s first boiling water tap back in 1970 in Rotterdam, has seen tremendous international growth. Now operating in 15 countries, the Dutch company needed a larger automated facility to support their continued expansion.
Swisslog advanced logistics solutions
To design and implement the high-tech logistics system, Quooker selected Swisslog, a leading automation expert for data-driven and robot-based logistics. Swisslog will provide their advanced Vectura pallet stacker crane high-bay warehouse solution for the over 23,000 square meter facility.
The highlight of the €20 million project is the robotic stacking and strapping technology, enabling no-touch picking and packing.It includes an Automated Storage and Retrieval System (ASRS) capable of storing over 31,000 pallets, poweredby SwisslogSynQ logistics software.The 30-meter tall automated pallet racking system maximizes storage density and is complemented by pallet and light goods conveyor systems.
Supporting Quooker’s sustainable growth
“Swisslog is proud to accompany Quooker on this journey of sustainable growth,” said Cees Luijendijk, Managing Director of Swisslog Benelux. “Our intelligent automation solutions will provide flexibility and efficiency, enabling Quooker to sustainably meet demand for many years to come.”
The new logistics center, fitted with environmentally conscious features like rainwater harvesting, aligns with Quooker’s values and brings all functions together in one sustainable facility designed to operate energyneutral.
The go-live for Swisslog’s intelligent automation systems is planned for February 2026, positioning Quooker for continued international growth while minimizing their environmental impact.
Tech Mahindra(NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced a collaboration with Microsoft to modernize workplace experiences with Copilot for Microsoft 365 for their 1,200+ customers and an initial 10,000+ employees across 15 locations. This collaboration positions Tech Mahindra as a leading Global Systems Integrator (GSI) adopting Copilot for Microsoft 365.
Tech Mahindra will enhance workforce efficiency and streamline processes, ushering in a new era of modern workplace experiences by leveraging Microsoft’s trusted cloud platform and generative AI capabilities. Additionally, the company is deploying GitHub Copilot for 5000 developers which is expected to increase developer productivity by 35% to 40% within the organization by democratizing access to AI capabilities.
Tech Mahindra is focused on empowering employees with AI tools to drive innovation, value and sustainable growth in an ever evolving and competitive market by harnessing the power of Copilot for Microsoft 365. The organization plans to extend the value of Copilot with plugins within and outside the Microsoft app ecosystem to leverage multiple data sources and drive creativity and increase productivity. The collaboration is focused on increasing efficiency, reducing effort, and enhancing quality and compliance across the board.
Mohit Joshi, Chief Executive Officer and Managing Director, Tech Mahindra, said, “Our vision is to redefine the workplace experience by empowering every employee to excel and innovate using cutting-edge AI technology. We are not just adopting a tool; we are shaping the future of work for our employees and customers. The collaboration with Microsoft, and the introduction of Copilot for Microsoft 365 and GitHub Copilot also marks a significant stride in Tech Mahindra’s commitment to making AI accessible to everyone.”
As part of this collaboration, Tech Mahindra has launched a dedicated Copilot practice focused on helping customers unlock the full potential of AI tools. The practice will include workforce training to help customers with assessment and preparation, which are critical for successfully integrating AI across every area and every function in an organization. In addition, Tech Mahindra will offer comprehensive solutions to help customers assess, prepare, pilot, and adopt business solutions that utilize Copilot for Microsoft 365. The organization is committed to utilizing insights gained from the Copilot practice to benefit customers and employees alike. Copilot for Microsoft 365 provides executives, and other professionals with an adaptable, scalable, and personalized user experience based on evolving business needs.
Judson Althoff, Executive Vice President and Chief Commercial Officer at Microsoft said,“Our collaboration with Tech Mahindra will empower its employees with new generative AI capabilities to enhance workplace experiences and increase developer productivity through the adoption of Copilot for Microsoft 365 and GitHub Copilot. With a focus on driving AI innovation and skilling, Tech Mahindra is poised to deliver new solutions and greater value for its customers across industries.”
This collaboration with Microsoft aligns with Tech Mahindra’s ongoing efforts to enhance workforce productivity, using GenAI tools to set new productivity benchmarks and drive greater value for customers. In addition to their work with Copilot for Microsoft 365, Tech Mahindra recently launched a unified workbench on Microsoft Fabric. The workbench is designed to help organizations accelerate the adoption of Microsoft Fabric enabling them to create complex data workflows with a simple-to-use interface.
The longstanding collaboration between Microsoft and Tech Mahindra also saw the launch of industry leading solutions such as:
Tech Mahindra’s Generative AI-powered Enterprise Knowledge Search: Integrates Microsoft Azure OpenAI Service, Azure Cognitive Search, and Azure Language understanding to enable enterprises to access and improve the knowledge quotient within organizations. Under Tech Mahindra’s TechM amplifAI0->∞ suite of AI offerings and solutions, Enterprise Knowledge Search will help enterprises increase effectiveness and personalization by using Generative AI to unlock the full potential of enterprise data and present a multi-modal, multi-channel search experience.
Green CodeRefiner: Tech Mahindra leveraged Azure OpenAI Service to create “Green CodeRefiner,” a tool that transforms existing code into energy-efficient code with green standards. Green CodeRefiner is a utility based on Azure OpenAI service that can be integrated into the existing DevOps continuous integration and continuous delivery/continuous deployment pipeline to baseline and optimize emissions of application source code.
SenTindra: Tech Mahindra built SenTindra, a cloud-based virtual security operations center developed on Microsoft Sentinel that provides customers with next-generation integrated security solutions.
COMPASS-Cloud Security Assessment and Global System Integrator solutions: These solutions are centered on Microsoft Defender for Cloud and Purview Cloud Manager. They will fortify the security framework and data governance capabilities of Tech Mahindra’s customers as they progress on their AI journey.
The history of modern Turkiye begins with the foundation of the Republic on 29 October 1923, with Mustafa Kemal Atatürk as its first President. Turkiye has also concurrently commemorated the 90th Anniversary of its national carrier Turkish Airlines in 2023, and the nation continues to emphasize and reinforce its future national, economic and civil aviation goals.
Thanks to a successful and exceptional perfromance through 2023, Turkish Airlines concluded in 4th place worldwide last year with a 5.2% market share.
In the first four months of 2024, Turkish Cargo increased its global market share (FTK-Freight Tonne Kilometres) to 5.8%, attaining the highest market share in its corporate history with a further marginal increase to 6% in April 2024.
Additionally, Turkish Airways has won a slew of global awards and recognition in 2024. As Turkish Cargo, the Air Cargo brand of Turkish Airlines, was honoured with the ‘Fastest Growing International Air Cargo of the Year’ at the Air Cargo India Awards 2024 in Mumbai and among the ‘Top 5 Airlines by Absolute Cargo Growth’ at the Changi Airline Awards in Singapore. Additionally, the Airline was named the ‘Best Cargo Airline of Europe’ at the Air Cargo News Awards 2023.
Global Supply Chain conducted an exclusive interview with Ali Türk, Chief Cargo Officer, Turkish Airlines, for the Cover Story for this current edition.
Global Supply Chain (GSC): Turkish Cargo now ranks the third among global Air Cargo carriers. Explain.
Ali Türk (AT):The global economy, particularly the logistics sector, has faced numerous crises in recent years, starting with Covid-19 and continuing with the several conflicts around the world.
Despite these challenging conditions, Turkish Cargo has demonstrated superior performance. Our resilient structure, supplemented by Turkish Airlines’ 90 years of experience, have powered our steady rise during this difficult period. Today, Turkish Cargo has become one of the largest air cargo brands in the world.
However, Turkish Cargo’s success cannot be attributed to a single factor. Key internal factors include a strong flight network, dynamic capacity management, increased utilization, the proactive approach of the field sales team, and effective revenue management.
External factors also play a significant role, such as the change in market dynamics and the rise in e-commerce volume from the Far East, and the strategic advantage of our natural market and geopolitical location.
Ultimately, our success results from a combination of these opportunities and our ability to leverage and capitalize them. We are making steady progress toward our goal of becoming one of the top three air cargo brands in the world by 2028 in terms of volume, revenue, and service quality.
By 2033, we aim to lead the industry. Our current strategies, roadmaps, and plans are all aligned with this vision, our 100th year vision.
GSC: The Year 2023 also marked the launch of groundbreaking concepts for Turkish Cargo including three new Pharma products in January 2024. Briefly highlight these.
AT:We have launched three new sub-products within the scope of TK Pharma product: TK Pharma Standard, TK Pharma Extra and TK Pharma Advanced with intent to upgrade our high service quality.
In this endeavour, firstly, we have categorized pharmaceutical shipment types in terms of sensitivity and their transportation needs. Correspondingly, we have combined them with new industrial solutions to be offered and afterwards and finally we have designed our new product structures.
While TK Pharma Standard and TK Pharma Extra has been designed for time and temperature sensitive pharmaceutical and healthcare products shipped with passive packaging, TK Pharma Advanced has been developed for pharmaceuticals needs to be carried in an active or hybrid/advanced passive container.
Due to this segregation move, we have increased our capability and specialty based on pharmaceutical shipment types and requirements. We are committed to providing our business partners with more assurance, more transparency, more information flow, and better visibility thanks to such new products, whereby the quality standards are raised, and the service range is widened.
GSC: How significant is the UAE / GCC region for Turkish Cargo?
AT:The region is highly significant for Turkish Cargo. The air freight industry in Türkiye and the Middle East is poised for a promising future, and we are confident in its upward trajectory in this dynamic region.
The region has consistently experienced growth in trade volumes, driven by robust economic development and favorable business environments. This trade expansion is expected to generate increased demand for efficient and reliable transportation solutions, making air freight a vital component of the region’s logistics landscape.
GSC: How many destinations worldwide does Turkish Cargo currently operate freight only flights?
AT:We are an air cargo brand that flies to more countries than any other airline, with 105 freighter-only flights. These include both passenger and cargo destinations, we reach over 367 points worldwide. By 2033, we aim to increase our freighter-only destinations to 150.
GSC: Going forward, what opportunities and challenges do you foresee for Turkish Cargo in the region?
AT: The exponential rise of e-commerce in the region has significantly increased the demand for efficient air freight services to transport e-commerce shipments. We are well positioned to seize this opportunity and meet the evolving needs of the thriving e-commerce sector.
Türkiye’s strategic geographical location serves as a hub for international trade and logistics, gaining even greater significance as the center of international trade and economy shifts from west to east.
In this regard, Turkish Cargo’s new hub, SMARTIST, located in Istanbul and equipped with state-of-the-art systems, plays a crucial role as a transit hub connecting Europe, Asia, and Africa, which are important trade connection points.
With an extensive global network linking over 360 destinations worldwide, including major cities and emerging markets, Turkish Cargo is a key facilitator of cross-border trade and a supporter of international supply chains.
Turkish Cargo is interconnecting the two ends of the world in a single day. Thanks to its worldwide flight network, Turkish Cargo reaches Los Angeles, the westernmost destination in the USA, in approximately 14 hours; and Tokyo, the easternmost destination in Asia, in about 13 hours.
Turkish Cargo has been increasing the frequency of flights to important production centers and markets worldwide. Leveraging hub advantage and network leadership, the carrier has reached a substantial competitive edge worldwide to provide its customers with wide access and connection opportunities.
GSC: What are your short- and long-term expansion plans & vision for Turkish Cargo?
AT:Since August 2023, we have held the third position in the global air cargo industry. However, our vision extends far beyond. As Turkish Cargo, we aim to lead the industry by 2033.
We plan to increase the share of high-value special cargo in our total revenues to 55% and boost our total cargo carried to over 3.9 million tons in 9 years. Additionally, we will create a cargo ecosystem through partnerships, e-commerce, and technology investments, targeting a total revenue of US$9.6 billion.
Aligned with these ambitions, we continue to invest in infrastructure as outlined in our strategic plans published in 2023. A key component of this investment is the completion of SMARTIST 2.0, our future mega hub.
When complete, our cargo handling capacity will increase from 2.2 million tons to 4.5 million tons, with 2,5 million tons dedicated to special cargo products and services. These developments will boost operational efficiency, thereby enabling us to deliver top-quality services to our business partners and propel us to the top of the industry.
The Maritime Standard is pleased to confirm that the ninth annual The Maritime Standard Tanker Conference will take place on Thursday 7th November 2024.
The conference will, like last year, be held at the iconic Atlantis, The Palm, Dubai, one of the best quality venues in the Middle East.
Aimed at key decision makers and influencers within the tanker shipping business, the event takes places at a time when there has never been a greater focus on environmental challenges, making the over-arching theme of this year’s conference – Sustainable Tanker Shipping – Accelerating the Journey to Net Zero – highly topical and relevant.
This year all three conference sessions will cover ongoing efforts to achieve a sustainable tanker shipping sector, and how to press forward purposefully with initiatives and investments that will enable ambitious net zero carbon emissions targets to be reached.
The shipping industry in general, and tanker shipping in particular, has a crucial role to play in the battle to address climate change harms worldwide. The pace of technological change in pursuit of this goal has been rapid, and the conference will be a chance to hear about the latest developments, as well as those being researched and developed.
This will also be an opportunity to assess recent and planned regulatory developments, including the CII and EEXI frameworks, and the increasingly influential EU ETS scheme.
BSL Battery – Industrial Closes $21 Million Series A Funding Round to Minimize Worker Safety Risks
BSL Battery – Industrial, a recognized leader in lithium-ion forklift batteries, today announced the closing of its first round of funding at $21 million to expand its cloud platform for AI-based energy management for batteries, as well as to increase sales and expand distribution.
According to Mr. Lin Peng, Technical Director, the cash injection will be used to fund new product technology innovation and product UL2580 certification, enabling the company to provide a fast return on investment for cost-sensitive warehouse operators who are looking to reduce worker safety risks, as today’s challenges in recruiting and retaining workers make their safety a pressing concern for almost any operations or facility manager.
To help protect workers, BSLBATT ® engineers developed advanced material handling batteries and chargers that address the challenges of forklift lead-acid batteries, including short battery life, additional maintenance, and some of the riskier replacement and maintenance activities associated with inefficient energy transfer to improve safety.
Eric Yi, CEO of BSLBATT, said: “Completing this financing with the help of existing investors and new financing partners is a great proof that we are on the right track. With the new capital, we will have a balance sheet that will help us drive growth for existing customers through improved product performance and more UL2580 certifications, which will change the landscape of material handling in the warehousing and distribution sectors.”
Future Plans
Haley Ning, Chief Marketing Officer of BSLBATT, said: The existing market is divided into two types of companies. One is the “giants” from the lead-acid battery industry, who either acquire smaller lithium-ion battery companies or develop their own platforms; the other is the “medium-sized companies” like BSL Battery – Industrial that have been involved in the lithium battery industry from the beginning.
“Big companies may have financial advantages, but they are not fast in innovation,” he explained. “Small companies must innovate and create differentiation. This is what we are trying to do by further developing the cloud platform for AI-based energy management for batteries.”
The research and development projects currently underway have not been disclosed, but the funds will also be used to recruit new employees. The company currently has a total of 288 employees.
They plan to more than double the number of positions in engineering, automation, software, production and sales in the next 12 to 18 months.
In the long term, Haley Ning said BSL Battery – Industrial could diversify to include lithium-ion batteries in other areas, mentioning that competitors are developing similar batteries for Micro excavator, AGV, lithium battery for mining. However, the biggest demand right now is material handling in Europe and North America
“There are more than 10 million forklifts in the world, and about 70% of them are in North America and Europe,” he said. “So it’s a very large market, and we’re just starting to get involved in both markets.”
With lithium traceability becoming more stringent around the world, the company also plans to incorporate traceability of lithium from raw mines to battery cells into its software platform—a standard that Haley Ning said is already in place in Europe.
Founded in 2012, BSLBATT is an innovative high-tech company that designs and manufactures smart lithium-ion batteries (up to 50% more efficient than similar products on the market) for industrial forklifts used in the warehousing and distribution industry. The company’s mission is to lead customers to clean, safe and innovative lithium technology platforms. BSLBATT offers a range of high-quality lithium-ion battery packs with UL2580, IEC62619, CE and UN38.3 certifications, including proprietary Battery Management System (BMS) and cloud platform technologies, providing customers with better performance, lower cost of ownership and greener solutions than traditional lead-acid and propane batteries in many usage scenarios. Lithium-ion battery packs reduce CO2 emissions and help improve fleet sustainability and ESG metrics. For more information about BSLBATT, visit lithiumforkliftbattery.com.
DP World and Zhejiang Seaport Group have announced a new partnership to establish a comprehensive strategic cooperation aimed at strengthening port logistics and shipping routes between Jebel Ali Port in Dubai and Ningbo-Zhoushan Port in China.
This partnership will focus on attracting shipping companies to establish additional maritime routes between the two ports and encourage shipping lines to cooperate in the form of slot exchanges and vessel space purchase on the Dubai-Ningbo route, enhancing the level of connectivity and efficiency between the two maritime hubs.
The two entities will cooperate to promote the construction of green and low-carbon ports, establish an information sharing mechanism, and share experiences in the construction of green terminals, the use of shore power and the refuelling of green ships with environmentally friendly fuels such as LNG and green methanol.
Abdulla Bin Damithan, CEO and Managing Director of DP World GCC, commented: “We are pleased to sign this agreement with Zhejiang Seaport Group. This strategic collaboration aligns with our vision of expanding our presence in China and working with likeminded partners to strengthen trade routes and accelerate the green energy transition. China is the UAE’s largest trading partner and we are committed to supporting the Belt and Road Initiative through this and other ventures.”
The collaboration will promote low-carbon facilities in ports, expand the application of new energy, encourage ships to use clean fuels, and establish a green shipping corridor between Jebel Ali Port and Ningbo-Zhoushan Port, contributing to the green transition of the shipping industry.
Tao ChengBo, Chairman of Zhejiang Seaport Group and Ningbo-Zhoushan Port Groupstated:“Our partnership with DP World, will further strengthen China’s position as a major player in global trade, creating extensive opportunities for Chinese businesses to access customers across the Middle East, Asia, Europe and Africa. The UAE is an important hub for China’s Belt and Road Initiative.”
The agreement will also explore the possibility of investment in logistic opportunities in Jebel Ali Free Zone and Zhejiang Free Trade Zone, and support automobile logistics by leveraging the advantages of Dubai as a regional transit hub and China as a major exporter of automotives to support Ro-Ro trade between Ningbo-Zhoushan Port and Jebel Ali in Dubai.
DHL’s latest report reveals that 71% of UAE online shoppers want to know who the delivery provider is before making a purchase
App-based marketplaces such as Shein and Temu are gaining significant popularity in the region and globally
Snapchat is the most popular social media platform for shopping in the UAE
Smartphones are becoming the dominant shop window and purchasing devices globally Dubai, July 3, 2024: DHL released the first outcome of its global Online Shopper Trends Report 2024, providing valuable insights into the behaviour of online shoppers worldwide based on a survey of 12,000 consumers in 24 countries, including the UAE. Results show that a vast majority (71%) of UAE online shoppers want to know who the delivery provider is before making a purchase, compared to 65% of global shoppers.
The report also found a rising popularity of social commerce, with Snapchat being the most popular social media platform for shopping in the UAE. App-based platforms such as Shein and Temu have also gained immense popularity globally due to their vast product offerings at affordable prices and emerged as the most app-based marketplaces used by online shoppers in the UAE.
“Our Online Shopper Trends Report aims to assess how people shop online, as well as understand what causes them to abandon their shopping baskets. High delivery costs, long delivery times, having to pay for returns, not enough product information, and not enough product images were some of the top reasons cited by global shoppers. Offering reliable delivery and returns can help solve shoppers’ frustrations and improve their experience. In the UAE, consumer purchasing patterns are being impacted by social and technological trends, including social media. People also want to know who the delivery provider is before making a purchase. By understanding these emerging trends in the e-commerce landscape, DHL is well-equipped to tailor its services and provide exceptional solutions to meet the evolving needs of our customers globally,” said Amadou Diallo, CEO of DHL Global Forwarding MEA.
The report also found that UAE online shoppers are the first globally to subscribe to email newsletters and that UAE online shoppers are third globally to actively use voice assistants to make purchases. Globally, most online shoppers prefer to browse and purchase products with their smartphones. More than half (57%) use their smartphone as the dominant shop window and purchasing device. Shoppers were also highly conscious of costs, particularly when seeking affordable, flexible, and convenient delivery options. High delivery costs are a significant barrier, with 41% of global shoppers abandoning their purchases due
to expensive delivery fees and even more emphasizing the importance of knowing the delivery provider before purchasing. This underscores the significance of transparency and trust in the delivery process, as customers want to know the logistics partner responsible for handling their orders.
Top 5 global strength, local knowledge for close customer care, solution delivery
CEVA adding significant scale in air, ocean freight with Bolloré Logistics
Major acquisitions since 2020 allow for worldwide product-driven organization
CEVA Logistics, the logistics subsidiary of the CMA CGM Group, announced today a new vertical organization aimed at allowing its customers to more easily benefit from its global logistics capabilities across its breadth of services in air, ocean, ground and rail transport, contract logistics, finished vehicle logistics, project logistics and customs solutions.
CEVA will soon begin the process of welcoming Bolloré Logistics into its new product-driven organizational model. Bolloré Logistics was acquired by the CMA CGM Group on Feb. 29, 2024. As a leading global logistics provider, CEVA generated pro forma 2023 revenue of $20.2 billion through transporting 1.9 million TEUs of ocean freight, 800,000 tons of air freight and managing 11.7 million square meters of warehouse space—all thanks to its 110,000 global employees.
CEVA Logistics and Bolloré Logistics will move forward under one unified brand—CEVA Logistics. The company expects to complete its rebranding process by the end of 2024.
Organization designed to maximize performance, customer satisfaction
The new organization reinforces the company’s ability to offer consistent global services to its customers across the breadth of its product offering. With a vertical alignment of its product teams down to the local level, CEVA expects improved product development and operational excellence. The vertically aligned product teams are expected to accelerate CEVA’s ability to engineer new solutions and then apply them more quickly to customer challenges across all geographies.
In addition, CEVA is combining its Air and Ocean operations in order to capitalize on best practices and technology investments, notably in finalizing its implementation of CargoWise.
Successful strategy in geographic, market sector growth
Since its acquisition by the CMA CGM Group in 2019, CEVA Logistics has expanded both its capabilities and geographic reach. Through numerous acquisitions, the company now offers a strong network across the African continent. In 2022, CEVA added Ingram Micro’s CLS division to boost its ecommerce solutions, GEFCO to offer finished vehicle solutions for its automotive customers and strengthen its European overland network, and now Bolloré Logistics to boost its air and ocean freight management solutions. Other targeted acquisitions boosted CEVA’s reach in perishables transport in Latin America (Cargex) and in small parcel, last mile delivery in France (Colis Privé).
“Our teams have been working toward this moment for many years, and I’m so proud of where we are as a company,”said CEVA Logistics CEO Mathieu Friedberg. “CEVA Logistics is moving to a vertical, product-driven organization that will benefit our team and our customers as we compete among the Top 5 of the logistics industry. The vision we put in place for CEVA with the support of the CMA CGM Group is taking its final form. Our ability to innovate and collaborate with our customers to improve their global supply chains through truly end-to-end solutions is unmatched in some market segments.”
The global logistics providerHellmann Worldwide Logistics is strengthening its commitment to sustainability by expanding its Sustainability Division. The family-owned company is proud to announce the appointments of Şükran Gencay and Daniel Hülemeyer as Heads of Sustainability. These newly established global positions underscore Hellmann’s strategic focus on sustainability, which is also reflected in the structure of its Management Board through the nomination of Stefan Borggreve since the beginning of this year. This new emphasis allows Hellmann to continue fulfilling its responsibilities and integrating sustainability across all business units globally in order to meet the challenges of the coming years in collaboration with its customers and partners.
As Head of Sustainability – Social & Governance, Şükran Gencay will lead the ongoing development and global implementation of Hellmann’s social sustainability initiatives. In this role, she will ensure that the company maintains its commitment to social responsibility. With her extensive experience in the logistics industry and through various leadership positions at Hellmann since 2020, Şükran Gencay is well equipped to take charge of the company’s social and governance goals and deepen its sustainability strategies. In her previous role as Global Head of Leadership & Culture, she successfully established and promoted a new corporate culture, a task she will continue to drive forward in her new position.
As Head of Sustainability – Environment, Daniel Hülemeyer will spearhead Hellmann’s efforts to decarbonize and integrate ecological practices across all product areas and its real estate infrastructure. His primary focus will be carbon footprint reduction, promotion of renewable energies, and fostering a culture of environmentally friendly innovations in collaboration with the newly established “Hellmann Innovation Hub”. Daniel Hülemeyer brings over twelve years of experience in sustainability topics at Hellmann and has previously led the global Quality, Health, Safety, and Environmental (QHSE) management team.
“The new sustainability organization reflects the importance of the topic for Hellmann’s strategic direction. We want to be a driving force for positive change – even beyond our company boundaries. With Daniel Hülemeyer and Şükran Gencay, we have two outstanding personalities who, together with the global teams, will turn our sustainability vision into reality,” says Stefan Borggreve, Chief Digital Officer, Hellmann Worldwide Logistics.
MIT Center for Transportation & Logistics launches new lab supported by Mecalux to research the potential of AI in logistics The Intelligent Logistics Systems Lab will apply new AI- and machine-learning-based methods and technologies to the logistics problems with the greatest impact for businesses and society.
The Massachusetts Institute of Technology Center for Transportation & Logistics (MIT CTL)has commissioned a new research lab to investigate high-impact applications of new data-driven technologies in the logistics industry. The formation of the lab was supported by seed funding from the intralogistics group Mecalux. Specifically, the Intelligent Logistics Systems Labat MIT CTL will explore the potential of machine learning (ML) and artificial intelligence (AI) to transform the future of logistics operations and goods transport. This will be the starting point for a future research collaboration between MIT CTL and Mecalux, combining the academic knowledge of the leading US technology university with the hands-on experience of a multinational company with more than 55 years of history. Mecalux intends to provide technical insights and support from its software and automation experts over the next few years. The new lab will examine several research streams that may lead to new state-of-the-art approaches to address some of the industry’s most complex challenges. For instance, the lab will investigate cutting edge methods and tools that are capable of producing highly accurate near-term predictions at a high spatial and temporal resolution. Such near-term predictive capabilities are critical in enabling same-day or sub-same-day delivery and similar services designed to meet the increasingly challenging needs of both consumers and commercial customers. This innovation space will be led by Dr. Matthias Winkenbach, Director of Research at MIT CTL. “We want to support the application of new AI- and machine-learning-based technologies to tackle the most impactful real-world challenges faced by companies and society,” says Winkenbach.
Technology for operational excellence The activities of the new research lab at MIT CTL — founded with support from Mecalux — will enable the entire industry to design supply chains and logistics systems that provide state-of-the-art customer service and set new standards in terms of sustainability and cost-effectiveness. “Operational excellence relies on the seamless integration of autonomous technology into warehouse processes. AI and machine learning can be crucial in planning and monitoring these resources,” says Javier Carrillo, CEO of warehouse technology company Mecalux. The Intelligent Logistics Systems Lab at MIT CTL will also study the role of new technologies in controlling autonomous transport and delivery systems and in automating processes such as picking, sorting, packing and shipping orders from warehouses or stores. Another area of research will be the development of hybrid methods at the intersection of operations research (OR) and ML. The goal will be to solve the increasingly complex and multi-faceted combinatorial optimisation problems that are crucial for the success of the logistics industry, including vehicle routing, inventory planning, network design, transport planning and related issues.
About the MIT Center for Transportation & Logistics (CTL) Founded in 1973, the MIT Center for Transportation & Logistics is a dynamic environment where industry leaders, professors and students pool their knowledge and experience to advance supply chain education and research. MIT CTL’s more than 80 researchers and faculty members from multiple disciplines seek to deliver solutions that help organisations and societies to thrive. ctl.mit.edu
Al Habtoor Motors won the most Elite Club awards for FUSO in the Middle East & Africa region, awarded by Daimler Truck Overseas
Al Habtoor Motors, the exclusive distributor of FUSO vehicles in the UAE, has been recognized for its outstanding achievements and exceptional performance in the Middle East & Africa region. Daimler Truck Overseas hosted the Elite Club event in Frankfurt, Germany on June 25, 2024, which was attended by FUSO distributors from across the Middle East & Africa. During this prestigious event, Al Habtoor Motors was awarded six out of seven Elite Club category awards. The awards included:
– Gold category in Training activation
– Gold category in Marketing initiative
– Gold category in Truck sales
– Gold category in Genuine Parts performance
– Gold category in Aftersales service measures
– Bronze category for Facilities
These awards were presented to Mr. Karim Adnan Maksoud, Managing Director of Al Habtoor Motors, by representatives from Daimler Truck Overseas. This recognition not only highlights the company’s commitment to excellence and innovation but also its unwavering dedication to customer satisfaction throughout 2023.
“We are immensely proud and honored to receive these accolades from Daimler Truck Overseas,” said Mr. Karim Adnan Maksoud, Managing Director of Al Habtoor Motors. “These awards are a testament to the dedication and hard work of our entire team. Our commitment to providing exceptional service and innovative solutions has set a new benchmark in the industry, and we will continue to strive for excellence in all our endeavors.”
The achievements of Al Habtoor Motors at the Elite Club event underscore its undisputed position as a leader in the automotive industry in the Middle East & Africa region. The company’s unwavering dedication to quality and customer service continues to set it apart as a benchmark of excellence.
Leschaco (Lexzau, Scharbau GmbH & Co. KG) announces its strategic decision to rename four of the five Colombian subsidiaries acquired as part of the takeover of Coltrans S.A.S. as of July 01, 2024. Coltrans S.A.S. will in future operate under Leschaco Colombia S.A.S., Coldepositos Logistica S.A.S. under Leschaco Logistica S.A.S., Coldepositos Bodega Nacional S.A.S. under Leschaco Bodega Nacional S.A.S. and Colotm S.A.S. under Leschaco OTM S.A.S. The renaming of Colmas S.A.S. is planned for 2025.
The move comes as part of Leschaco’s strategy to integrate and optimize its global operations, enhancing synergies and reinforcing its presence in key markets.
The acquisition of Coltrans S.A.S. on December 28, 2022, marked a significant milestone for the Leschaco Group, further solidifying its foothold in Colombia, one of the largest emerging markets in Latin America. With a longstanding partnership spanning over 30 years, Coltrans had been an integral part of Leschaco’s agent network.
By integrating the Colombian subsidiariesinto the Leschaco Group and bringing their names in line with the company’s global identity, the organization aims to leverage its brand strength and reputation to increase market presence and customer awareness. This strategic move underscores Leschaco’s commitment to providing seamless, integrated logistics service solutions across its expanded network.
“We are excited to announce that the smooth integration of our Colombian subsidiaries as part of the Leschaco Group is now also obvious in the rebranding. This decision reflects our ongoing efforts to optimize our operations and better serve our customers in Colombia and beyond,” says Constantin Conrad, CEO of the Leschaco Group. “By integrating these entities under a unified brand identity, we are strengthening our presence in one of the most dynamic markets in Latin America and reinforcing our commitment to delivering exceptional value to our customers.”
Grupo Empresarial Coltrans S.A.S., which will in future operate under the umbrella of the Leschaco Group, has established itself as a leading player in Colombia’s logistics landscape since its inception in 1988. With a comprehensive suite of global logistics services encompassing import and export services, customs clearance, warehousing, and intermodal transportation, the rebranded entities will continue to uphold the highest standards of service excellence and customer satisfaction.
Martin Sack, Regional Head Americas at Leschaco, emphasizes the significance of the rebranding initiative, stating, “The integration of our Colombian subsidiaries under the Leschaco Group brand represents a key milestone in our expansion strategy in the Americas region. By presenting a unified brand identity, we are enhancing our market positioning and creating new opportunities for growth and innovation.”
With the rebranding of its Colombian subsidiaries, Leschaco further reinforces its commitment to driving operational excellence, fostering greater collaboration, and delivering value-added solutions to its customers worldwide.
United Motors & Heavy Equipment Lands Deal with Emirates Flight Catering
United Motors & Heavy Equipment (UMHE) and Emirates Flight Catering (EKFC), a leader in the aviation catering industry, is pleased to announce the official signing of a deal focused on enhancing operational efficiency within the demanding aviation sector.
Mahmood Ameen, CEO of Emirates Flight Catering, and Khalifa Al Ketbi, Managing Director of United Motors & Heavy Equipment, formally signed the deal.
EKFC Strengthens Operations with Cutting-Edge Fleet
Under the terms of the partnership, UMHE will provide EKFC with a fleet of cutting-edge MAN trucks, renowned for their reliability, advanced technology, and robust performance. These vehicles are expected to bolster EKFC’s operational efficiency by expediting deliveries and ensuring the seamless flow of goods and services critical to maintaining EKFC’s industry-leading service.
“We are thrilled to partner with Emirates Flight Catering, a leader in the aviation catering industry ” stated Khalifa Al Ketbi of UMHE. ” This collaboration not only reflects our commitment to providing top-quality transportation and logistics solutions but also our dedication to supporting the operational excellence of our partners.”
Mahmood Ameen of Emirates Flight Catering noted, “As we continue to enhance our logistics and operational capabilities, the addition of these new MAN trucks from UMHE represents a significant investment in logistics efficiency for Emirates Flight Catering. This acquisition ensures that we can consistently deliver the highest standards of service to our clients by investing in the latest equipment from a leading manufacturer like MAN”.
Positioning for Future Growth
By leveraging the capabilities of the new MAN truck fleet, EKFC is poised to unlock new levels of efficiency. This will further solidify its reputation for exceptional service while meeting the ever-growing demands of its global clientele with even greater precision and speed. This positions both UMHE and EKFC to drive innovation and excellence within their respective industries.
In conjunction with the International Day of Micro, Small and Medium Enterprises
GWC Launches Al Wukair Logistics Park Directory
Ranjeev Menon: a platform to boost MSMEs growth and enhance local partnerships and alliances
Reinforcing Qatar’s position as a promising and attractive destination for MSMEs
27 June 2024 / Doha Qatar: Gulf Warehousing Company Q.P.S.C (GWC) – one of the fastest-growing logistics businesses in the MENA region, has announced the launch of Al Wukair Logistics Park Directory, which coincides with the United Nations Micro, Small and Medium-Sized Enterprises (MSMEs) Day, observed on June 27th every year. This initiative underscores GWC’s substantial support for MSMEs and entrepreneurs, offering innovative and tailored solutions to meet the diverse needs of clients from various sectors, thereby solidifying its position as a leader in the logistics industry.
Ranjeev Menon, Group CEO of GWC, said: “Al Wukair Logistics Park Directory serves as a platform to boostMSMEs growth and enhance partnerships and alliances within the local market. It aims to empower MSMEs to succeed and achieve their goals, especially following the successful first and second phases of Al Wukair Logistics Park, which attracted a significant number of micro, small, and medium-sized enterprises. This initiative reinforces Qatar’s position as a promising and attractive destination for MSMEs. Spreads across 1.5 million square metres, GWC Al Wukair Logistics Park is dedicated to light industry infrastructure required for the operational success of MSMEs. With various light industrial workshops,warehousing units, and open yards, the park has been designed to meet all types of warehousing and distribution requirements for small and medium enterprises.
Micro, small and medium-sized enterprises play a vital role in the growth of Qatar’s industrial sector. They also contribute to increasing economic diversification away from fossil fuel-dependent sectors. Serving as an incubator to companies that will shape the future,MSMEs is a key sector due to its importance in fostering innovative ideas and economic growth, as well as providing job opportunities and ensuring continuity within revenue cycle. Moreover, this sector has proven its agility and resilience as it can keep pace with any change or new situation, especially withinour post-pandemic world.
Today, Qatar is witnessing a boom in terms of infrastructure, from the metro and highways to the free zones constructed to enhance international trade, as well as Hamad Port and the huge investments in Hamad International Airport. All of these strategic projects have begun to yield positive results, making Qatar an attractive destination for investors from all over the world. Accordingly, developing industrial and logistics zones and facilitating procedures for establishing companies is the next logical step for this strategy.
GWC implements a comprehensive strategy to support MSMEs as part of its efforts to promote economic diversification in Qatar. In November 2023, GWC signed a cooperation agreement with Qatar Development Bank (QDB) to support micro, small, and medium-sized enterprises. As part of the agreement, GWC provides preferential rates for logistics solutions to businesses affiliated with QDB. It also offers accommodation solutions, logistics consultation services, preferential rates for UPS services to QDB staff and clients, while also exploring future collaboration opportunities related to incubation and acceleration programmes, forums, and events.
The third annual GWC Forum, held last year, under the theme ‘Fostering Legacy – Empowering MSMEs in the Digital Era’, was a major success, attracting a high-level audience of experts from government, the private sector, and academia from Qatar and the region.
Jassim Karim, Managing Partner at SSG International Trading, a company operating in Al Wukair Logistics Park, praised GWC for its substantial support to MSMEs, highlighting that: “SSG International Trading deals with electromechanical, lighting accessories, mechanical components, and marine products. We chose GWC because it is an absolutely amazing facility with all the highest standards of safety. It is also very economical and accessible for our team, suppliers, and customers”.
Toney Thomas, Managing Director at Luxicor, a luxury Decor services and fit out company also operating in Al Wukair Logistics Park, noted: “The facility has exceptional advantages, the materials available locally, and GWC provides world-class services, making it an ideal place for expansion, growth, and success. Al Wukair Logistics Park offers diverse and promising investment opportunities in the Qatari market”.
Al Wukair logistics park offers a one-stop-shop for leasing a warehouse or workshop, company formation formalities, including applications for necessary permits, and logistics operations. Start-ups who work with GWC will benefit from years of local, regional and international experience, along with a global, integrated network. GWC’s deep, hard-earned knowledge of the local market makes Al Wukair Logistics Park the ideal destination for businesses to avail of and enjoy the best logistics infrastructure.
According to the United Nations, MSMEs account for 90% of businesses, 60 to 70% of employment and 50% of GDP worldwide. As the backbone of societies everywhere they contribute to local and national economies,MSMEs also hold the potential to transform economies, foster job creation, and promote economic growth.
· To address the growing demand to the US, Etihad Cargo will offer incremental capacity beyond its belly hold capacity via 30 passenger flights per week to the US and seven passenger flights per week to Canada, demonstrating the carrier’s commitment to facilitating increased air freight between the East and West.
· Etihad Cargo will offer partners and customers an incremental capacity of 250 tonnes per week to New York, Chicago, Washington, Boston and Toronto in partnership with network airlines, with a dedicated SOP to ensure seamless connectivity.
Abu Dhabi, United Arab Emirates – Etihad Cargo, the cargo and logistics arm of Etihad Airways, has strengthened its commitment to the US market. The carrier will offer incremental capacity beyond its belly hold capacity in cooperation with network partner airlines to meet the growing demand for air freight to the US.
Etihad Cargo currently offers 550 tonnes of wide-body capacity to North America. The carrier provides 445 tonnes ex US via 30 flights per week through four major gateways: New York, Chicago, Washington, and Boston. Etihad Cargo also offers 105 tonnes ex Canada via daily flights to Toronto.
To address the increased demand for air freight between the East and the West, Etihad Cargo, in partnership with network airlines, will introduce an incremental 250 tonnes of capacity per week for North American destinations, including New York, Chicago, Washington, Boston, and Toronto, with connections via European gateways such as Lisbon, Barcelona, Madrid, and Rome. The flights will operate in adherence to Etihad Cargo’s dedicated Standard Operating Procedures (SOP), ensuring seamless connectivity for partners and customers.
Stanislas Brun, Vice President Cargo at Etihad Cargo, commented, “Adding depth to the carrier’s US network and introducing incremental capacity for the North American market demonstrates the importance of this market and Etihad Cargo’s commitment to meeting customers’ needs and supporting global trade. Etihad Cargo recognises the vital role that air freight plays in connecting economies and is dedicated to providing seamless and reliable services to remain the air cargo partner of choice.”
This expansion is part of Etihad Cargo’s broader strategy to enhance its global network and offer comprehensive air cargo solutions to its customers. By continuously adding capacity and collaborating with strategic partners, Etihad Cargo is well-positioned to support the evolving demands of international trade.
Supply Chain Management Consultancy Middlebank Consulting Group announces its growth strategy
Makes Successful Foray in the USA as it Celebrates 25 Years of Excellence
Building on 25 years of excellence in the logistics, supply chain and value chain management, Middlebank Consulting Group, today announced its growth strategy in its vision to help organisations create efficient supply chains. Middlebank Consulting Group was established 25 years ago in New Zealand, and has been operational in Singapore and India since 2016, in Australia since 2003, and more recently in the USA.
As the supply chain landscape is on the brink of undergoing a tremendous transformation, especially with the use of artificial intelligence (AI) and other advanced technologies reshaping the very fundamentals, organisations are increasingly looking to create efficiency and optimisation in their supply chain processes. Middlebank Consulting Group’s multi-year strategy, will continue to support organisations across the region and beyond by focussing on:
1. Project-based consulting; whether it is warehouse design, warehouse layout optimisation, freight evaluation and tenders, review of packaging for logistics, inventory management review, route-to-market cost-to-serve analysis, evaluation of 3PLs (third-party logistics) and outsourcing, procurement policy and procedures, value chain strategies, business process re-engineering, performance evaluation and audit, or project managing logistics and supply chain initiatives implementation.
2. 4PL (fourth-party logistics) to manage logistics, select tailored 3PL partners where appropriate, and align end-to-end strategies with the business goals to attain seamless operations and empowering expansion.
3. Logistics systems solution design including; forecasting and inventory optimisation with the latest supply and demand planning software, warehouse management systems solutions, transportation management system solutions, ERP (enterprise resource planning) material master maintenance.
4. Education and Research where Middlebank Consulting Group will develop and deliver (or co-deliver) in partnership with a wide range of Institutions internationally, undergraduate and post graduate masters and MBA programmes, along with industry specific short courses and guest lectures.
5. Franchise systems development to help organisations expertly coordinate every aspect of their business, to then replicate and grow through franchising.
“Reaching this 25-year milestone is a significant achievement for our company,” said Alan Win, Founder and CEO of Middlebank Consulting Group. “It reflects the hard work, dedication, and innovative spirit of our entire team. We are grateful to our clients, partners, and employees who have been instrumental in our success. With the global supply chain management market projected to reach USD 45.2 billion by 2027 and the Asia Pacific region playing a key role, we are delighted to announce our multi-year growth strategy.”
Over the past two and half decades, Middlebank Consulting Group has achieved numerous milestones, including successfully working with over 150 client organisations across a spectrum of industry sectors in more than a dozen countries to improve their logistics and supply chain operations. The company has successfully reduced operational costs for clients by an average of 15% through strategic interventions and has also implemented a complete range of technology solutions to enhance supply chain efficiency.
As Middlebank Consulting Group celebrates this significant milestone, it remains committed to pushing the boundaries of what’s possible in logistics and supply chain management. The company’s future endeavours include expanding its service offerings, investing in new technologies, and continuing to provide unparalleled service to our clients.
ETIHAD CARGO EXPANDS PARTNERSHIP WITH SF AIRLINES TO BOOST CONNECTIVITY AND CAPACITY WITH NEW SHENZHEN ROUTE AND INCREASED FREQUENCIES
· Etihad Cargo and SF Airlines will increase flight frequencies between their Abu Dhabi and Ezhou mega hubs, enhancing connectivity and capacity.
· Etihad Cargo and SF Airlines will also launch a new freighter service between Shenzhen and Abu Dhabi, adding a fifth gateway destination to Etihad Cargo’s Chinese network and providing greater access to the Chinese market.
· The expanded services by Etihad Cargo and SF Airlines will provide incremental capacity in excess of 200 tonnes, benefiting global customers and partners.
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has expanded its partnership with China’s SF Airlines to increase the frequency of flights between their mega hubs, Abu Dhabi and Ezhou. Additionally, Etihad Cargo and SF Airlines will also launch a new freighter service between Shenzhen and Abu Dhabi to boost cargo connectivity and capacity between China, the UAE, and other global destinations.
Starting 15 July 2024, Etihad Cargo will operate two freighters between Abu Dhabi and Ezhou, connecting China to its global network through the carrier’s Abu Dhabi hub. SF Airlines will operate an additional freighter from Ezhou, bringing the total number of flights between Abu Dhabi and Ezhou to five per week.
Etihad Cargo and SF Airlines will also launch a new weekly freighter service between Shenzhen and Abu Dhabi, adding a fifth gateway destination to Etihad Cargo’s Chinese network. Shenzhen Bao’an International Airport, China’s third-largest cargo airport, has been among the world’s top 20 airports by cargo volume since 2021.
The increased frequency of flights between Ezhou and Abu Dhabi and the introduction of a flight from Shenzhen to Abu Dhabi will provide incremental capacity in excess of 200 tonnes, bringing the total weekly available capacity from the partnership to 630 tonnes.
Stanislas Brun, Vice President Cargo of Etihad Cargo, stated: “This year marks the 40th anniversary of diplomatic relations between China and the UAE, and Etihad Cargo is proud to support stronger ties between the two countries. By expanding this strategic partnership with SF Airlines, Etihad Cargo’s partners and customers will have greater access to strategic markets in China, the UAE, and destinations across Etihad’s global network. This ongoing collaboration, enhanced by the Belt and Road Initiative, creates great opportunities for deeper cooperation between Etihad Cargo and SF Airlines and will contribute to the broader economic and strategic objectives of both the UAE and China.”
Robert Zhang, Commercial Director of SF Airlines, said: “We are excited to announce that the cooperated routes between Etihad Cargo and SF Airlines will expand to six flights per week
starting from July, as our two companies celebrate the one-year anniversary of our partnership. Working together with Etihad Cargo, the industry-leading company with a competitive cargo network from Abu Dhabi to the world, brings competitive value to customers and enables them to develop their international business with more convenient and diversified global transportation options. This cooperation with Etihad Cargo has achieved fruitful results. I believe that having this strong bonded partnership will greatly improve both parties’ service capabilities.”
In addition to operating two freighter flights per week to Ezhou, Etihad Cargo currently provides belly hold capacity through five weekly flights each to Beijing and Shanghai. It also operates seven freighter flights to Shanghai, two to Guangzhou, and seven to Hong Kong per week. This extensive network underscores the importance of the Chinese market to Etihad Cargo, highlighting the carrier’s commitment to enhancing connectivity and meeting the growing demand for cargo services in and out of China.
Flight Number Origin Departure Destination Arrival Day of Week
SAUDI GLOBAL PORTS ELEVATES COMMITMENT TO SUSTAINABLE PORT ECOSYSTEM WITH PURCHASE OF 80 NEW ELECTRIC PRIME MOVERS
In a move towards a more sustainable port ecosystem, Saudi Global Ports (“SGP”) has procured 80 electric prime movers (“e-PMs”) from SANY Marine Heavy Industry Co. Ltd. (“SANY”) for use at the container terminals of King Abdulaziz Port Dammam (“ KAPD”).
As part of this purchase, SANY will also supply the charging stations and provide the relevant training for SGP employees to maintain and service the e-PMs and charging stations. The purchase of 80 e-PMs underscores SGP’s commitment to stewarding greener and more innovative ports and logistics operations through reduced emissions of its operations. It also brings SGP closer to achieving its long-term energy transition and decarbonization goals.
When fully operational at around end-October 2024, these 80 e-PMs will add to SGP’s current operational capacity. It is also part of SGP’s plans to invest up to SAR 7 billion (USD 2.5 billion) over its 30-year concession to transform KAPD into a competitive and sustainable global container hub. CEO of SGP Edward Tah said: “We are excited to spearhead this transformative initiative that reinforces our commitment to sustainability and demonstrates our approach to innovative solutions.
Our sincere gratitude to Mawani (Saudi Ports Authority) for support in guiding SGP towards achieving Saudi Arabia’s Vision 2030 and Green Saudi goals, and utmost appreciation to SGP’s technical partner, PSA International, for sharing their experience and expertise in e-PMs and sustainable ports.” The agreement to purchase the e-PMs was signed at transport logistic China 2024 where SGP was exhibiting alongside other Saudi Arabia government entities and companies.
· Etihad Cargo is launching a new freighter route to Madrid starting 15 July 2024, operating two weekly Boeing 777 freighter flights, enhancing its European network and supporting e-commerce connectivity from Asia to Europe.
· The new route, which adds over 200 tonnes of cargo capacity, highlights Madrid’s strategic importance as a significant fashion destination in Europe and complements Etihad Cargo’s European freighter network.
Etihad Cargo, the cargo and logistics arm of Etihad Airways, is expanding its freighter network with a new route to Madrid. Starting 15 July 2024, Etihad Cargo will operate two weekly Boeing 777 freighter flights between Abu Dhabi and Madrid, adding over 200 tonnes of cargo capacity for Europe.
The launch of a twice-weekly freighter service between Abu Dhabi and Madrid will increase the total number of flights to Spain to 25 per week. Etihad Cargo provides belly capacity via 10 passenger flights to Madrid, 10 to Barcelona and three seasonal flights to Malaga launched as part of the airline’s summer schedule. This expansion highlights the strategic importance of these destinations, particularly Madrid as a key European fashion hub, and aims to boost e-commerce connectivity from Asia to Europe via Etihad Cargo’s Abu Dhabi hub.
This new route complements Etihad Cargo’s existing European freighter network, which includes six weekly flights to Amsterdam and three weekly flights to Frankfurt. With the addition of Madrid to the network, the total number of Etihad Cargo’s freighter flights to Europe will increase to 11 per week. Customers will also benefit from additional belly hold capacity offered as part of the carrier’s summer schedule, which includes the launch of two weekly seasonal flights to Nice. Flights to Athens will increase to 14 per week, with two operating via seasonal destination Mykonos and two via Santorini. A new route to Antalya will operate with three weekly flights, and flights to Istanbul will increase from ten to 14 per week starting 22 July 2024. Additionally, Dublin will see three more flights from 23 July 2024, totalling ten per week.
Stanislas Brun, Vice President Cargo at Etihad Cargo, stated: “Launching Madrid as Etihad Cargo’s latest European freighter destination supports the growing demand for e-commerce flows between Asia and Europe. Madrid’s role as a key fashion hub makes it an essential destination for the carrier’s freighter network.”
Etihad Cargo’s hub in Abu Dhabi serves as a crucial link between East and West, providing efficient and reliable cargo services to meet the specific needs of the fashion industry and other sectors dependent on timely e-commerce deliveries.
Flight Number Origin Departure Destination Arrival Aircraft Day of Week
Our cutting-edge technology and unparalleled expertise are revolutionizing the material handling battery industry
Providing automotive-grade modular lithium battery systems that are transforming the material handling industry, BSL Battery – Industrial is at the forefront of innovation. With over 10 years of combined experience in manufacturing renewable energy and battery systems, BSL Battery – Industrial has revolutionized the market with significant investment, lean manufacturing capabilities, seamless supply chain integration, a team of design experts with 180 years of experience in the lithium battery industry, and a commitment to customer service. The purpose of this in-depth article is to examine how BSL Battery – Industrial’s lithium forklift batteries are different from other batteries on the market, and how the company ensures their durability and longevity.
Through continuous innovation in lithium-ion batteries, BSL Battery – Industrial has achieved rapid growth and numerous milestones since its founding in December 2012. A professional R&D team of more than 100 engineers led by PhDs with an average of more than 20 years’ experience in power electronics, battery management systems, and energy storage inverters is established by BSL Battery – Industrial, which spends over 6.2% of its revenue on R&D in the field of new energy innovation every year. Our R&D team focuses on developing new energy system solutions, including power electronics, battery state-of-charge algorithms, system hardware and software design, and battery module and battery pack development.
BSL Battery – Industrial focuses on innovation and quality and meets and exceeds international and North American performance, reliability, and safety standards. With more than 60 patents and awards, BSL Battery – Industrial has a comprehensive intellectual property protection system. BSL Battery – Industrial has always been proud of its strong R&D and manufacturing capabilities which have led to the company standing out, gaining wide recognition in the industry, and consolidating its position as a recognized leader in lithium-ion forklift batteries with a leading market share.
The R&D team will continue to adhere to the principles of innovation and quality first despite these achievements. Recently, BSL Battery – Industrial is pleased to announce that our B-LFP48-615MH, B-LFP48-460MH, and B-LFP36-820MH lithium battery models have been certified by UL Solutions and tested to Revision 3, the latest and most stringent version of the UL safety standard! We are committed to excellence in product safety, design, and manufacturing. Together, we can make material handling safer and more efficient!
There are many advantages to lithium-ion batteries, including a strong discharge, a stable voltage curve, faster lifting and driving speeds, and a lower cost of ownership. Compared to lead-acid batteries, lithium-ion batteries have a significantly longer service life, making them cost-effective and sustainable. An ideal choice for individuals and businesses seeking reliable and efficient power solutions, it is fast charging, maintenance-free, environmentally friendly, and operates at a wide range of temperatures.
Battery – Industrial pioneered the transition from lead-acid batteries to lithium-ion batteries and from fossil fuels to electricity. With its automotive grade lithium batteries, BMS, and other accessories, the company offers a wide range of solutions, including industrial lithium batteries for the material handling industry. As the first supplier in the industry, BSL Battery – Industrial offers industrial lithium batteries from 24V – 768V and 52Ah – 2000Ah for heavy forklifts, multidirectional forklifts, and GSE.
It uses LiFePO4 chemistry in its batteries to provide unmatched quality and reliability for electric forklifts, which outperforms other lithium-ion solutions in every aspect. With a design life of up to 10 years, 8 years or 12,000 hours warranty, fast charging capabilities, lightweight construction, longer charge retention time, easy installation and a range of battery options to suit different vehicle models, BSL Battery – Industrial’s LiFePO4 batteries are long-lasting and stable.
Aside from offering greater chemical and thermal stability, BSLBATT® LiFePO4 batteries also include multilayer protection against water infiltration, acid spills, corrosion, and contamination that could damage the battery and put the user at risk. By eliminating routine maintenance and reducing costs, the transition from lead-acid to lithium-ion batteries is seamless.
The BSL Battery – Industrial product line continues to improve. BSLBATT’s latest generation B-LFP48-460MH battery goes one step further with a continuous discharge current of 600A, a maximum discharge current of 1200A, and a peak discharge current of 1800A, allowing for faster acceleration and higher speeds. Hard-working Class I, II, and III forklift batteries that meet the gold standard.
As the company continues to refine its battery systems and explore new applications, it remains committed to expanding its global presence. BSLBATT has established a global network with manufacturing centers in China, subsidiaries in the United States, Netherlands, Turkey, South Korea, Mexico and South Africa, established successful partnerships with many well-known brands, and supplies forklifts from various brands to more than 200 dealers. More than 10 forklift manufacturers provide battery communication matching, including Toyota, Hyster-Yale, Combilift,Raniero, Clark, HELI, Xilin, Crown, Doosan, HYUNDAI, etc.
Its success on the market can be attributed to all these efforts. The global sales and service network system enables the company to ensure seamless supply chain, timely supply, worry-free aftersales service and responsive technical support for warehouse managers of material handling who are looking to upgrade their power solutions, so that the company maintains its position as a trusted and preferred supplier of lithium batteries for material handling applications.
BSL Battery – Industrial will continue to promote the energy revolution as a pioneer in the lithium-ion battery market to create a brighter and more sustainable future. BSL Battery-Industrial has gained good recognition in many markets, including China, ASEAN, Australia, South Asia, the Middle East, America, and Europe. To enhance its competitiveness in these regions, BSL Battery-Industrial is actively seeking local distributors and partners. Feel free to contact our representatives at inquiry@bsl-battery.com or 0752-2819-469! Visit lithiumforkliftbattery.com for more information about BSLBATT.
SK6000 ring crane redefines modular construction methodologies across heavy industry
Mammoet, the global leader in engineered heavy lifting and transport, has started assembling the world’s strongest land-based crane, the SK6000, at its Westdorpe facility in the Netherlands.
This monumental project marks a new era in heavy lifting technology, offering unprecedented lifting capacity and reach, and opening up new construction methodologies for large projects.
The SK6000 ring crane is testament to Mammoet’s commitment to innovation, but also sustainability. The crane will offer full electric operation. This means it enables the transition to cleaner power sources while driving down the carbon impact of energy projects themselves.
The SK6000 has a maximum capacity of 6,000t, and is capable of lifting components up to 3,000t to a height of 220 meters. Its sheer lifting power allows Mammoet customers to build more efficiently in larger pieces, shrinking the logistics, integration and mobilization phases of projects.
The crane provides a huge leap forward for projects in emerging energy sectors, supporting the continued constructability of next-generation wind turbine and foundation components needed to achieve higher yields from offshore wind farms. It also unlocks new modular construction options for nuclear facilities, with increased cost-effectiveness and safety.
In the oil and gas sector, the SK6000 helps new build and expansion projects to benefit from economies of scale on a level never before seen. It builds on the design philosophy of Mammoet’s SK190 and SK350 series, which are proven in the market.
Following mobilization of all parts to Mammoet’s Westdorpe site, initial works include assembly of the crane’s base frame, power packs and control room. Mammoet’s auxiliary cranes are supporting the build, including two 250-tonne crawler cranes and a 140-tonne Gottwald mobile harbor crane.
Koen Brouwers, Project Manager for the SK6000, said: “This is a thrilling new chapter for Mammoet and modular construction in heavy industry, as we see the SK6000 taking shape.
It will offer a hook height, outreach, and lifting capacity far in excess of any crane on the market. We are excited to bring this groundbreaking technology to our customers, helping them achieve their project goals with greater efficiency and more sustainably.”
Etihad Cargo has established a direct eBooking integration with global logistics provider Kuehne+Nagel, expanding its portfolio of eBooking integrations.
The integration provides Kuehne+Nagel with seamless access to real-time capacity and pricing across Etihad Cargo’s network, ensuring greater transparency, efficiency, and flexibility in the booking process.
Etihad Cargo’s direct integration with Kuehne+Nagel leverages advanced web services developed by both companies, providing Kuehne+Nagel with seamless access to real-time capacity and pricing across Etihad Cargo’s network. This move is designed to offer greater transparency, efficiency, and flexibility in the booking process, ensuring faster and more reliable cargo services.
“Etihad Cargo’s integration with Kuehne+Nagel represents another milestone in the carrier’s commitment to digital innovation and operational excellence,” said Stanislas Brun, Vice President Cargo at Etihad Cargo.
“By providing Kuehne+Nagel with direct access to Etihad Cargo’s network’s real-time data, this integration enhanced their ability to make informed booking decisions, streamline operations, and ultimately deliver superior service to their customers. Etihad Cargo will continue to prioritise the carrier’s digital connectivity and development, ensuring technological advancements keep pace with industry demands and further elevate service standards.”
Kuehne+Nagel’s reservation team will now benefit from real-time access to Etihad Cargo’s extensive network, ensuring they can quickly and efficiently book cargo space. The integration offers Kuehne+Nagel immediate visibility into available capacity and dynamic pricing via Etihad Cargo’s Instant Offer Rate (IOR) tool, enabling swift and accurate booking decisions. By integrating with Etihad Cargo, Kuehne+Nagel can enhance their speed to market and operational efficiency, reducing the time required for bookings and improving overall service levels.
This new integration between Etihad Cargo and Kuehne+Nagel unites the two companies in a powerful way, ensuring the logistics provider can fully leverage Etihad Cargo’s cargo capabilities.
“By launching direct ebooking with Etihad Cargo, Kuehne+Nagel can offer its customers real time access to capacity and pricing,” said Holger Ketz, Global Head of Air Logistics Network and Carrier Management at Kuehne+Nagel. “This will create greater operational efficiencies and optimise our customers’ experience.”
Etihad Cargo’s ongoing investment in digital solutions demonstrates the carrier’s dedication to meeting the evolving needs of partners and customers. This latest integration is part of Etihad Cargo’s broader strategy to expand its digitalisation footprint, and the carrier will continue this journey by partnering with more industry leaders in the future.
The German Brand Award is one of the most important accolades for successful brand management in Germany. It honors innovative brands, consistent brand management, and sustainable brand communication. Swisslog was distinguished for its outstanding achievements in the “Corporate Brand of the Year” and the “Logistics & Infrastructure” categories.
“We are thrilled to receive two German Brand Awards,” said Emma Daniels, Head of Marketing EMEA at Swisslog. “This recognition highlights our commitment to delivering cutting-edge solutions and maintaining a strong, consistent brand that resonates with our customers and partners globally. It is a testament to the hard work and dedication of our entire global team.”
Swisslog CEO Jens Schmale adds: “This achievement is a reflection of our relentless pursuit of quality and the strength of our brand in the marketplace. I am incredibly proud of our team whose passion and commitment make accomplishments like this possible. We will continue to strive for excellence and deliver outstanding value to our customers worldwide.”
Swisslog rebranded in 2023 to better reflect its position in the digital and dynamic world of the future. The rebranding strategy further positions Swisslog as a future shaper in logistics automation, but it is also about much more. It reflects the strength and expertise of its people. Swisslog colleagues – the humans behind automation – are at the heart of everything they do, and they want their customers to know they can rely on their proven expertise.
The German Design Council, established as a foundation in 1953 by the German Bundestag, is one of the world’s leading competence centers for communication and knowledge transfer in design, branding, and innovation. The council’s mission is to represent the interests of companies committed to high-quality design and to help enhance the understanding of the importance of brand and design.
Swisslog was presented with the awards at the German Brand Award ceremony, which took place in Berlin at The Uber Eats Music Hall.
The shift to sustainable transport goes beyond replacing one vehicle with another. It also requires new cross-industry collaborations, such as this far-sighted initiative to roll out heavy-duty electric vehicles for the transportation of IKEA products in Portugal.
In late June, transporter KLOG will deploy the first of several battery-electric vehicles from Scania to transport IKEA products from the IKEA Industry factory in Paços de Ferreira to the Porto Harbour in Leixões, and to the IKEA stores.
The ground-breaking collaboration and electric transition are the result of discussions initiated by IKEA Supply Chain Operations and Scania Group in 2023. They are bold first steps in the Portuguese market, where the electrification of heavy transport is challenging and the development of local infrastructure is still in early stages. Similar electric transitions for the transportation of IKEA products are also taking place in southern France and Poland.
The shift to electric in Portugal has been made economically and practically possible through calculations of routes, energy use and charging time for the battery-electric vehicle.
IKEA Industry will implement a pick-and-drop solution, where the vehicle’s trailer is left at the depot and replaced with another loaded one, to maximise the vehicle’s uptime and to avoid empty trucks. Charging solutions will be provided at the harbour by the Portuguese Port Authority of Leixões (APDL) and are expected by IKEA at the IKEA Industry factory.
“To be able to make a real shift towards transport decarbonisation, we need to collaborate across the value chain,” says Dariusz Mroczek, Category Area Transport Manager, IKEA Supply Chain Operations. “Today’s announcement is a great example of how we reduce carbon emissions and find scalable solutions together.”
“At Scania, we have made it our purpose to drive the shift towards a sustainable transport system. Although the technology for sustainable transport is ready, the deployment and scaling of it often requires that the relevant actors come together. This collaboration shows how it can be done in practice and I hope it inspires others to follow suit,” says Evalena Falck, Head of Strategic Account Management, Scania.
“History is being written, and we are of course immensely proud to be among the first in Portugal to run electric goods transportations. Our vision is to be recognised in the international market as a leading logistics company in excellence of services, consistently providing high standards of quality to our customers and promoting responsible business and environmental practices,” says Egídio Lopes, Managing Director at KLOG.
“The port operations we run have a significant direct influence on the Portuguese economy. We recognise our responsibility to contribute to sustainable development and strive to be a leading force in the transition to a carbon-neutral future, not least by enabling electrified transports,” says João Neves, President of the Board of APDL (Port Authority of Douro, Leixões and Viana do Castelo).
Strengthening the airfreight business in southern Germany
Lufthansa Cargo is expanding its operations at the southern German hub and will be operating freighters from the hub for the first time from 6 July 2024. An A321 freighter will connect Munich with Istanbul Airport twice a week, complementing the existing belly network from Munich.
The new freighter connection is planned every Saturday and Sunday with flight numbers LH8350 / LH8351 and LH8346 / LH8347. Lufthansa Cargo customers can book their shipments on the new route with immediate effect.
“We are looking forward to offering our customers this new freighter connection, which makes our global network even more attractive. For our southern German customers in particular, Munich Airport offers ideal conditions for the fast and reliable transportation of air freight, which ultimately also enables global business from another important European airport.
With the launch of our cargo operations out of Munich, we are laying the foundation for aligning our network even more closely with the needs of our customers in the future and continuing to manage it flexibly,” explains Ashwin Bhat, CEO of Lufthansa Cargo.
Jost Lammers, CEO of Flughafen München GmbH: “The launch of regular cargo flights to Istanbul by Lufthansa Cargo is very good news for the Bavarian export industry and for Munich Airport. Above-average growth rates in the current year have already shown that Munich Airport is also becoming increasingly important as a hub airport for cargo.
The attractiveness of Munich Airport as a cargo location will now receive a further boost through Lufthansa Cargo’s commitment.” Lufthansa Cargo operates its hub in Munich on a total area of 38,000 m². Among other things, the state-of-the-art CEIV-certified Pharma Hub MUC, in which temperature-sensitive pharmaceutical products can be stored and handled under optimal conditions, is integrated into the premises.
Thismeans that the carrier can also transport almost all product and goods groups via Munich. Until now, these have mainly been transported from the Bavarian capital to destinations all over the world via the belly capacities of Lufthansa, Brussels Airlines, Discover Airlines, Austrian Airlines and SunExpress passenger aircraft. The hub is also connected to a dense RFS network, which enables smooth transportation by road.
Leschaco Logistic Indonesia, a leading global logistics service provider, has recently received the valuable AEO (Authorized Economic Operator) certification. This highlights Leschaco’s dedication to delivering reliable and high-quality logistics services worldwide.
Leschaco Indonesia has successfully acquired the AEO certification, which is a major milestone for the subsidiary, showing the company as a trusted partner for customs clearance in international trade. This also reflects the hard work of the teams and their will and effort to deliver top-notch logistics to Leschaco customers not only locally in Indonesia but also in the Asia-Pacific region and across the globe. Indonesia has over 1,000 registered freight forwarding companies, but just 166 of them are AEO certified and able to help their customers simplify and speed customs clearance.
“We are proud to announce that we have been awarded the prestigious AEO certification. This recognition places us at the forefront of operational excellence, safety and security aspects in the industry, reinforcing our commitment to delivering high-quality service. Special thanks to the entire P.T. Leschaco Logistic Indonesia Team for their unwavering support and trust”, says Holger Albrecht, Managing Director of Leschaco Indonesia and concludes: “We are committed to continuing to provide exceptional service while maintaining the highest standards of performance, including consideration of the highest levels of safety and security.”
The process of becoming an AEO certified freight forwarder involves meeting high standards and criteria such as compliance with customs legislation, appropriate record-keeping, financial solvency, and proven competence in security measures. After the application is submitted and approved, the AEO status granted is recognized across all EU Member States.
For the Leschaco Group quality and reliability of offered logistics services are of utmost importance. Achieving AEO certification is a step in the direction of streamlined and reliable logistics and supply chain solutions for Leschaco customers. It fosters close cooperation with customs authorities and leads to better planning, customer service, and reduced delays and costs.
About AEO: The security of the supply chain and the simplification of trade are becoming increasingly important worldwide and are therefore among the central topics of customs. The AEO concept is based on the SAFE Framework of the World Customs Organisation (WCO) and is the globally uniform standard which, in addition to the introduction of security standards, is intended to significantly simplify trade. In many respects, the US C-TPAT programme is cited as the inspiration for the SAFE framework. Another example is the “Authorised Economic Operator Programme” of the European Union, whose AEO status has been awarded since 01.01.2008. Open to all, economic operators voluntarily fulfil a variety of criteria, working closely with customs authorities to ensure the common goal of supply chain security and offer benefits to economic operators.
Company information: The Leschaco Group is a traditional, owner-managed logistics service provider and offers intercontinental logistics solutions for sea and air freight as well as contract logistics and tank container operation. As proven partner for leading companies in plant
construction and mechanical engineering, automotive, chemical and related industries, producers of consumer goods and pharmaceuticals. Leschaco offers comprehensive logistics solutions from one single source. Our globally standardised IT–environment guarantees the required high process transparency. The company was founded under the name of Lexzau, Scharbau by Wilhelm Lexzau and Julius Scharbau in Hamburg in 1879. Today, the group is represented in 24 countries worldwide. This network is supported by a carefully selected network of agents. The company insists on a sustainable business development and its headquarters are in Bremen.
WestJet Cargo unveils new website with enhanced user experience and features
WestJet Cargo is announcing the official launch of its newly revamped website, designed to provide an improved user experience, brand consistency, and a plethora of new features that cater to the needs of its diverse customer base.
The redesigned website, now live, brings a host of improvements aimed at making it easier for customers to access key services and information. With a focus on user-friendly navigation, the website ensures that popular tasks are streamlined, requiring fewer clicks. For instance, the “Track a Shipment” feature is now accessible directly from the homepage with zero clicks.
The key enhancements of the new website include:
Improved UX/UI: The website’s interface has been revamped to reduce the number of clicks needed for key tasks, making essential information and services easily accessible from the homepage. The tracking feature is now a single-step process, enhancing efficiency.
Brand Consistency: The new design reinforces its unique brand identity as the creative cargo airline.
Highlighting WestJet Cargo’s people: The “Meet Our Sales Team” section shines a spotlight on the dedicated staff behind WestJet Cargo. The team is prominently featured throughout the website, reflecting the carrier’s commitment to personalized service.
Product display: Each product is clearly showcased with comprehensive benefits, requirements, and FAQs, ensuring customers can quickly find and understand the services they need.
Enhanced Pets service: We’ve tailored information specifically for non-cargo industry customers, including detailed visuals of kennels with guidelines, downloadable breed guidelines, and easily accessible rate information and requirements.
Station information: Organized in intuitive tabs, station information is presented with engaging visuals for easy navigation.
Upcoming Features: Continuous updates and improvements will be enhancing customer experience.
Kirsten de Bruijn, WestJet Cargo Executive Vice President, commented: “We are proud to launch our new website, which represents a significant step forward in enhancing our customer experience. Our goal has always been to provide the best service possible, and this new platform allows us to do just that. With a user-friendly interface, improved access to key services, and a distinct brand identity, we are confident that our customers will find the new website to be a valuable resource for all their cargo needs.”
Gulf Warehousing Company Q.P.S.C (GWC) – one of the fastest-growing logistics businesses in the MENA region, has won the prestigious Inc. Arabia’s Best in Business Awards 2024.
The awards ceremony took place on June 12, 2024, at the luxurious Jumeirah Mina A’Salam Hotel in Dubai, celebrating excellence and innovation across various industries. Recognized a s a leader in the Logistics and Transportation category, this award highlights the company’s commitment to operational excellence, innovation, and corporate social responsibility. This recognition underscores GWC’s dedication to driving forward the logistics industry through cutting-edge solutions and an unwavering focus on customer satisfaction.
Ranjeev Menon, Group CEO of GWC, expressed pride and gratitude for the recognition: “Winning the Inc Arabia’s Best in Business Awards 2024 is a testament to the hard work, dedication, and innovative spirit of the entire GWC team. We have consistently aimed to set benchmarks in the logistics and transportation industry by leveraging technology, enhancing our service offerings, and maintaining a customer-centric approach. This recognition reinforces our position as a leader in the logistics sector and motivates us to continue pushing the boundaries of excellence.” GWC has been at the forefront of the logistics industry, offering a comprehensive range of services that include freight forwarding, contract logistics, project logistics, and supply chain solutions.
The company’s state-of-the-art facilities, strategic partnerships, and robust infrastructure have enabled it to provide seamless and efficient logistics solutions to clients across various industries. In addition to its operational achievements, GWC is fully committed to corporate social responsibility (CSR). The company actively engages in initiatives that support environmental sustainability, community development, and employee welfare. GWC’s CSR programs include reducing carbon emissions, participating in community outreach activities, and ensuring a safe and supportive work environment for all employees.
These efforts reflect GWC’s dedication to not only enhancing the logistics sector but also making a positive impact on society and the environment. Inc. Arabia’s Best in Business Awards recognize and celebrate businesses that contribute to the economic growth and development of the GCC and North Africa region, and make a significant social impact while doing so. The awards showcase best practices, exemplary leadership, and ground-breaking initiatives that are shaping the future of the region
Americas GSA Announces Strategic Partnership with JetBlue Cargo
Americas GSA, a subsidiary of ECS Group, is delighted to announce a strategic partnership with JetBlue Cargo. This collaboration marks a significant milestone, enhancing its services on domestic routes out of Florida. The contract commenced in February 2023 for Florida State and on June 1, 2024, for Puerto Rico.
Enhancing JetBlue’s Cargo Operations
Under this new agreement, Americas GSA will leverage the capabilities of ECS Group’s Augmented GSSA to support JetBlue’s network, enhancing both its domestic and international cargo operations. This model provides a bespoke, à la carte service that includes supports, services, and solutions not typically offered by traditional GSAs. While the current focus is on traditional GSA services, this partnership paves the way for expanding JetBlue’s operations through interline agreements and the management of new commodities.
“This partnership with JetBlue represents a pivotal moment for Americas GSA. By expanding our operations within the U.S. market, we are opening new avenues for growth and innovation in cargo services. JetBlue will benefit from the support of the entire ECS Group alongside Americas GSA in Florida,” said Adrien Thominet, Executive Chairman of ECS Group.
Pablo Canales, CEO of Americas GSA, added, “We have built a strong relationship with JetBlue’s top management over the years, and this contract is the culmination of our collaborative efforts. We are committed to supporting JetBlue in expanding its cargo operations, both domestically and internationally, and exploring new opportunities to enhance their service offerings.”
Strategic Growth and Future Opportunities
This collaboration highlights Americas GSA’s strategic vision to enhance its presence in Florida’s cargo market. By integrating with JetBlue’s operations, Americas GSA will provide tailored solutions through its Augmented GSSA model, facilitating the airline’s growth and expanding its cargo network, thereby opening new business opportunities and potentially expanding JetBlue’s cargo operations internationally.
Americas GSA and JetBlue are excited about the future of this collaboration and look forward to achieving new heights together. With a shared commitment to excellence and innovation, this partnership is poised to set new standards in the cargo industry.
Etihad Airways and Egyptair have signalled their intent to strengthen their partnership by signing a Memorandum of Understanding (MoU), to enhance commercial and operational ties to provide travellers with wider choices, higher quality services and increased value.
“This agreement lays the tracks for co-operation across both our frequent flyer programs and will enable us to explore collaboration on joint-marketing campaigns and promotions designed to stimulate and reward our customers,” commented Antonoaldo Neves, Chief Executive Officer, Etihad Airways.
Underscoring commitment
“This MoU strengthens our strategic partnership with Etihad Airways and EGYPTAIR underscores our commitment to providing our valued customers with a seamless travel experience and access to a wider network,” remarked Yehia Zakaria, Chairman & CEO, EGYPTAIR.
The existing codeshare agreement gives customers of both airlines enhanced connectivity to destinations across each other’s networks, between Egypt and the UAE as well beyond Cairo into Africa and beyond Abu Dhabi into Asia. The agreement enables guests to book their entire journey on a single ticket and have their baggage checked through seamlessly to their end destination.
This MoU will see codeshares between the two airlines extended, giving one-stop access for EGYPTAIR travellers to more of Etihad’s network in addition to several destinations in Asia and Australia that already exist.
MFC appoints X-NOOR to reduce its carbon footprint
The renewable energy platform is on a mission to support the decarbonization journey
The region’s newest force in sustainable solutions, X-NOOR, a joint venture between X-ELIO, a global leader in solar solutions, and DUTCO, a leader in infrastructure projects in the GCC region, has announced an agreement with 1977-established Modern Freight Company (MFC) to provide renewable energy at MFC’s Logistics Park and Logistics Centre in Dubai, for the next 20 years.
The collaboration highlights both companies’ efforts towards a greener future with a rooftop solar PV installation expected to produce around 18 GWh of energy over 20 years. Through this installation, the warehouse will be powered by 100% renewable energy, which will significantly reduce carbon dioxide consumption compared to the previous source, according to a press communique.
X-NOOR is an innovative solar developer with offices in Riyadh, Dubai, and Abu Dhabi and ongoing operations in Oman and Bahrain. With its commitment to ensuring the highest level of international and regional standards, the renowned solar developer is implementing sustainable solutions to harness the region’s abundance of solar power.
Solar solutions
“We are keen to expand our operations and bring our innovative solar solutions to more projects across the region. We look forward to forging new partnerships and contributing to the region’s renewable energy goals with the same passion and dedication that has driven our success in the Middle East,” explained Jesus Gutierrez, General Manager, X-NOOR.
“The partnership with X-NOOR will allow us to utilise their expertise to maximise the generation of clean energy ensuring we continue to minimise our carbon footprint and offer a net zero facility for our customers,” commented Laurance Langdon, General Manager, Modern Freight Company.
This new project reflects the shared commitment of X-NOOR and MFC to lead the way towards a more sustainable future in Dubai’s logistics industry.
AAC expands presence at Dubai Industrial City with state-of-the-art distribution centre
The 350,000sqft Parts Distribution Centre will be a hub for industry innovation
Arabian Automobiles Company (AAC), the flagship company of the AW Rostamani Group, has commenced the development of a parts distribution centre that will serve as a hub for industry innovation and excellence at Dubai Industrial City, the region’s leading manufacturing and logistics hub.
The project’s groundbreaking ceremony at Dubai Industrial City, part of TECOM Group, was attended by Saud Abu Alshawareb, Executive Vice President, Industrial, TECOM Group; Hussam Baghdad, Senior Director, Automotive, AW Rostamani; and Thierry Sabbagh, Divisional Vice President, President KSA, Middle East, Nissan and INFINITI.
Located on a land plot spanning more than 700,000sqft, the logistics storage and distribution centre marks an expansion of AAC’s presence at Dubai Industrial City, where it already operates a central logistics centre, and reflects its commitment to providing enhanced customer services by strengthening its parts value chain for Nissan, INFINITI, Renault, and AWR Trading entities in the UAE.
The state-of-the-art centre will have a built-up area of more than 350,000sqft and upon completion in 2025, will house 150 employees to deliver enhanced safety, productivity, and commercial efficiencies in line with international operating standards, according to a corporate press communique.
Hallmark of excellence
“Prompt and seamless customer service will be the hallmark of excellence as global automotive demand continues to surge,” stated Alshawareb.
“AAC’s new advanced and automated facility in Dubai Industrial City’s automotive cluster will support the vision of Dubai Economic Agenda ‘D33’ to strengthen the value chains for domestic goods and services. Logistics facilities that leverage automation and advanced technologies will not only deliver improved efficiencies and capacity, but also contribute to the UAE’s trade activity, helping to reinforce its position as a global trading hub,” he continued.
“Our investment in the new parts distribution centre marks a significant milestone in our journey towards automotive excellence – this state-of-the-art facility underscores our commitment to delivering unparalleled quality and service to our customers,” remarked Baghdad.
“The expansive facility and its substantial storage capacity not only strengthen Nissan’s business operations but, more importantly, benefits our customers,” commented Sabbagh.
Construction partner
UAE Headquartered, Group AMANA is the construction partner for this project. AMANA’s strategy for redesigning the pre-engineered steel building (PEB) structure involves implementing a modular methodology for assembly and erection, utilising off-site precast works for concrete elements, and integrating BIM for enhanced project coordination.
With the new facility, AAC joins an impressive roster of UAE-based business giants that are part of Dubai Industrial City, home to more than 1,000 local, regional, and international customers, in addition to over 300 operational factories.
The region’s leading manufacturing and logistics hub, Dubai Industrial City was launched in 2004 with an intelligent masterplan promoting cross-sector collaboration with dedicated zones for the base metals, machinery, minerals, F&B, transport, and chemical industries.
Emerge signs agreement with AJ Steel Pipes for solar rooftop plant
Emerge is a joint venture between Masdar and EDF Group
Emerge, a joint venture between Masdar and EDF Group, has signed an agreement to install a 3MWp rooftop solar PV plant for leading UAE steel pipe manufacturer and exporter, AJ Steel Pipes.
The decarbonization of “hard-to-abate” industries is one of the priorities identified at COP28 for achieving a carbon neutral future. Steel companies such as AJ Steel Pipes are looking to utilize efficient and carbon-free solutions that combine innovation and technology to achieve a more sustainable operation.
Situated on the roof of AJ Steel Pipes’s facilities in Mussafah, Abu Dhabi, the plant will offset over 2,500 tonnes of carbon dioxide emissions a year and generate more than 5,000MWh of electricity annually.
Turnkey solution
The plant, consisting of more than 5,000 solar PV modules, will be delivered by Emerge as a turnkey solution, including finance, design, procurement, construction, operations, and maintenance of the solar modules for 25 years.
“The development of this project will enable AJ Steel Pipes to lower energy costs and reduce its carbon footprint, while supporting the UAE’s goals to diversify its energy mix,” remarked Michel Abi Saab, General Manager, Emerge.
“The lease business model meets with our business philosophy to not invest in non-core assets and use third party experts to get best efficiency and state of the art technology,” commented M. Ismail, Executive Director, AJ Steel Pipes.
Wood completes FEED scope for Aramco in Saudi Arabia
Project will be the world’s largest CCS hub in the Kingdom upon completion
Wood, a global leader in consulting and engineering, has completed the front-end engineering and design (FEED) scope for the first phase of Aramco’s Accelerated Carbon Capture and Sequestration (ACCS) project in Saudi Arabia, expected to be the world’s largest carbon capture and sequestration (CCS) hub, upon completion.
With an ambition to further reduce carbon emissions from its upstream operations, the first phase of the ACCS project intends to capture carbon emissions from Aramco gas plant facilities near Jubail, on the Eastern coast of Saudi Arabia, as well as from third-party emitters.
Geological storage
Wood designed the greenfield dehydration and compression facilities and the large pipeline network, including a 200+ kilometre dense-phase carbon dioxide pipeline for the ACCS project, which aims to transport 9mn tonnes per annum (MTPA) of emissions and sequester it within onshore geological storage by 2027.
“We are at the forefront of designing the future of energy by leveraging our 20 years of experience in carbon capture engineering to bring the ACCS project to life, supporting Aramco as our long-term client on its energy security and transition ambitions,” commented Craig Shanaghey, Executive President-Projects, Wood.
Partnership to help Supply Chain Businesses address Sustainability Goals
Epicor recently announced at Epicor Insights Europe 2024 its collaboration with Climatiq Technologies GmbH to introduce advanced carbon intelligence calculations and reporting into Epicor’s suite of Sustainability Management solutions.
Through this alliance, Epicor will introduce carbon calculations into its industry-focused ERP platforms, enabling customers to access accurate, real-time carbon calculations, track emissions, and identify key opportunities to reduce their carbon footprint.
“We’re excited to work with Climatiq to assist our customers in reaching their sustainability goals, and boosting profitability while reducing emissions,” stated Kerrie Jordan, Group Vice President, Product Management, Epicor.
Sustainability to the fore
“Our collaboration with Epicor highlights our dedication to helping organisations integrate sustainability into their daily operations,” observed Hessam Lavi, Co-founder and CEO, Climatiq.
“This alliance is a major step forward towards removing the barriers that have historically kept sustainability data separate from business processes. Now, Epicor users can seamlessly align their economic, service, and environmental objectives,” he continued.
The integration of Climatiq’s carbon footprint calculation API across the Epicor portfolio will help businesses work toward sustainability goals without compromising profitability, the press statement noted.
UD Trucks Brand Day Events in Egypt and Kenya Set to Drive Market Growth and Enhance Customer Experience
· More than 100 participants took part across both events
· Brand Day events ensures strong support from UD Trucks towards partners
· Both events mark launch of the UD Trucks brand in Egypt and relaunch in Kenya
Middle East, June 11, 2024 – Building on a record-breaking year in the Middle East and North Africa (MEENA) region, UD Trucks successfully hosted Brand Day events in Kenya and Egypt. These gatherings brought together marketing representatives from across East Africa and the Middle East, fostering collaboration, innovation, and strategic planning for the brand’s future direction. These events are beneficial for partners and customers as they lead to the development of more tailored and efficient solutions, improved service quality, and enhanced product offerings, ultimately ensuring a better and more responsive customer experience. Additionally, by driving brand growth, these initiatives are set to expand UD Trucks presence and influence in the regional markets.
UD Trucks entered the Brand Day events with strong momentum, fresh off a record-breaking 2023 in the MEENA region. The brand achieved impressive sales growth across all segments, solidifying its position as an industry leader. The brand’s commitment to excellence was further underscored by involvement in prestigious projects like those at Neom and the Red Sea. This robust foundation positions UD Trucks for continued success as they expand their presence in East Africa and Egypt.
The Kenya event, held on May 17, in Nairobi to celebrate the brand’s relaunch in the country, saw participation from a broad range of stakeholders. This included Marketing Communications teams from Singapore, Japan, and the MEENA region, along with marketing agencies and key partners like Victoria Motors in Uganda and Nyala Motors in Ethiopia. A total of 55 participants came together for insightful discussions, strategic workshops, and interactive sessions aimed at unifying marketing efforts. These activities directly benefit customers and partners by fostering a cohesive strategy that enhances product offerings and ensures consistent and high-quality support throughout the region.
The second Brand Day event, held on May 21, 2024, in Cairo, Egypt, brought together 45 participants. This included the UD Trucks commercial crew alongside marketing representatives from neighboring countries: Saudi Arabia, Bahrain, UAE, and Kuwait. The focus of this event was on regional collaboration and strategic alignment to ensure a consistent and impactful UD Trucks brand presence across the Middle East.
UD Trucks’ entry into the Egyptian market and relaunch in Kenya were focal points of both events, which featured in-depth sessions exploring the company’s rich heritage. Participants also delved into innovative approaches to market penetration and brand positioning, tailored to the unique dynamics of each region. Additionally, hands-on workshops equipped attendees with valuable strategies for all phases of commercial activities. These sessions highlighted the importance of adapting to evolving market trends. Ultimately, the events provided a platform for collaboration, sharing best practices, and strengthening the brand’s regional strategy.
DC Aviation Al-Futtaim and OEL Aviation Services ink MoU
Deal to manage Transworld Group’s Hawker 4000 aircraft
DC Aviation Al-Futtaim VIP Terminal (DCAF), a leading business aviation services provider, has signed a strategic agreement with OEL Aviation Services FZE (OEL) to manage the Hawker 4000 aircraft belonging to Transworld Group. OEL, part of the global shipping and logistics conglomerate Transworld Group, operates the aircraft under the brand AIRAVAT.
AIRAVAT’s Hawker 4000 aircraft will be stationed at DCAF’s facility located at Al Maktoum International Airport in Dubai South, it was announced via a press communique.
Through this collaboration, AIRAVAT will benefit from DCAF’s extensive expertise in aircraft management, operational capabilities and infrastructure at its Dubai South base. Combining these strengths with OEL’s existing experience in aviation services, the partnership aims to deliver superior management and operational efficiency for AIRAVAT’s Hawker 4000.
Leveraging expertise
“By leveraging our expertise in aircraft management and DCAF’s world-class facilities at Dubai South, we aim to provide AIRAVAT’s customers with the highest standards of safety, reliability and customer satisfaction,” commented Holger Ostheimer, Managing Director, DC Aviation Al-Futtaim.
“The partnership with DCAF aligns with AIRAVAT’s rapid global expansion plans will pave the way to explore mutually beneficial business opportunities that capitalize on the strengths of both parties,” remarked Ramesh S Ramakrishnan, Chairman, Transworld Group.
DCAF is a joint venture between Dubai-based Al-Futtaim Group and Stuttgart-based DC Aviation Group.
OEL Aviation Services Dubai is a part of Transworld Group focusing on Aviation business which includes charters and managing own assets.
The Logimotion team is pleased to introduce you to the Logimotion Advisory Committee, who are leading the way in shaping the inaugural edition of Logimotion. Comprising a breadth of experience from across the logistics, supply chain and mobility industries globally, the board was selected in order to help create an unparalleled experience for Logimotion attendees.
Their invaluable contributions ensure the event will address the industry’s most pressing challenges and innovative solutions, creating a dynamic and impactful platform for all participants.
The Logimotion Advisory Committee also includes members from associations such as International Federation of Freight Forwarders Associations (FIATA), The National Association of Freight & Logistics (NAFL), The Chartered Institute of Logistics & Transport International (CILT), The Chartered Institute of Procurement & Supply (CIPS), Supply Chain & Logistics Group (SCLG), and Kenya Association of Air Operators.
Additionally, representatives from academia, including Abu Dhabi University, Heriot-Watt University and Muscat University, are part of the committee, among other industry experts.
To help customers’ transition to electric transport, Scania CV AB today announces that they have formed Erinion, a new company specialising in private and semi-public charging solutions. The strategic move will see 40,000 new charging points installed at customer locations and will strengthen the Scania Group’s e-Mobility offer in the future transport ecosystem.
The new company, Erinion, is founded by Scania to provide solutions for depot and destination charging, with the aim of accelerating electric truck adoption in line with Scania’s purpose of driving the shift towards a sustainable transport system. Erinion’s solutions will empower customers to seamlessly transition to zero-emission fleets with premium uptime. This will be a key factor in fulfilling Scania´s declared ambition for 50 percent of its sales volume in Europe to be electric by 2030.
Depot and destination charging
Industry studies suggest that depot charging will be the primary source of energy for both short and long-distance operations*. As a compliment to public charging networks, depot and destination charging offer dedicated charging infrastructure at the customer’s home depot or other pre-defined locations. This has a lot of advantages: predictable charging schedules ensuring fully charged vehicles, increased uptime and, ultimately, maximum operational efficiency and cost savings through predictable and stable energy costs that are matched to each customer’s specific operations.
By providing predictable energy costs and tailored solutions for each customer’s operations, depot and destination charging also enable optimised charging power levels and schedules, while improving battery life and overall vehicle efficiency. Also, because depot charging often occurs during off-peak hours, this means lower and more controlled electricity rates, while destination charging can happen on an opportunistic basis while a driver is resting or delivering goods.
Scania’s research, validated by pilot programmes with customers, reveals the potential for significant cost savings with the enhanced charging solutions. Customers can expect reductions in investment needs by up to 50% and operational savings of up to 15,000 Euros per truck each year.
Customised solutions
Today, depot charging is becoming increasingly advanced. It goes beyond providing chargers, grid connections and handling installation. With the new company, Scania’s transport customers will be able to take advantage of advanced integrated software and hardware, as well as operational services and support. The purpose-built and modular solutions can be offered as a standard re-seller model (with cash payments) or a hybrid-flexible pricing model that lets customers combine down payments, financial leases and rolling fees for service and maintenance.
Initially, the new company will establish its market presence in Sweden, Norway, the United Kingdom, the Netherlands, France and Germany. A global rollout will follow in due course. The brand-agnostic approach ensures that businesses of all types, regardless of vehicle brand, can benefit from Erinion’s charging infrastructure and operational services. By 2030, it is projected that 230,000 electric trucks will be on European roads**. To support this growth, Erinion plans to install a minimum of 40,000 charge points at customer locations until 2030.
“With our solution, customers get peace of mind and can focus on their core business, while a specialised charging unit takes care of the hardware, software, financing and operational services required to operate charging at scale with superior quality and cost efficiency,” explains Jonas Hernlund, Head of Energy and Infrastructure at Scania Group.
“In the transition, the transport system will be redefined. Our new depot charging solutions company is a great example of an initiative that will play an important role for our customers in the future transport ecosystem when transitioning to electric transports,” says Gustaf Sundell, Executive Vice President and Head of Ventures and New Business, Scania Group.
Al Laith Group wraps up a successful 2023/2024 Middle East events season
Focus on sustainability and innovation for the future
Al Laith Group, one of the Middle East’s leading providers of comprehensive temporary project solutions, has completed its key activities for the 2023/2024 winter events season, during which the company delivered more than 65 major projects and significantly expanded its footprint across the region.
Building on its legacy of excellence, Al Laith delivered a wide range of world-class events in the United Arab Emirates and Saudi Arabia, including concerts for Ed Sheeran in Dubai and the F1 Saudi Arabian Grand Prix 2024, reinforcing its reputation as a trusted partner for major events and infrastructure projects.
Notably, the company recently played a crucial role as an Official Strategic Partner for the Saudi Motorsport Company (SMC), which underscored Al Laith’s commitment to delivering high-quality temporary infrastructure and services for world-class sporting events such as the F1 Saudi Arabian Grand Prix 2024. Al Laith provided the equipment and services for the Grand Prix held in March this year, cementing a long-term relationship with SMC.
Sustainability measures
During the 2023 DP World Tour Championship, Al Laith implemented several important sustainability measures, including the deployment of electric golf carts and machinery, solar tower lights, mobile water refilling stations and waterless urinals.
Al Laith has been providing temporary solutions to a range of industries including Oil and Gas, Power and Energy, Logistics, Events and Entertainment, Real Estate and Construction since its foundation in 1995.
“Our involvement in just about every major music, sporting and cultural event across the Middle East has helped us set new benchmarks for the industries within which we operate,’’ commented Jason English, CEO, Al Laith Group.
Al Laith Group, part of CG Tech, an international technology investment group, is a leader in providing diverse temporary project solutions across the Middle East, a press communique concluded.
Mohamed Alabbar, Founder of Noon, urges industry leaders to focus on innovation at UAERG Food Service Forum and IMAGES RetailME Food Business Forum
UAERG Food Service Forum and IMAGES RetailME Food Business Forum, MENA’s premier knowledge-sharing platforms for food service (HoReCa) and food & grocery retail in its inaugural edition brought forward industry leaders from across MENA under one roof.
In the wake of the thriving food industry landscape in the MENA region, industry titans converged at the UAERG Food Service Forum and IMAGES RetailME Food Business Forum held at the JW Marriott Hotel Marina in Dubai on Thursday, June 6, 2024. The events witnessed an impressive gathering of over 400 attendees, 100+ speakers, and 20+ sessions, embodying a collective endeavour to explore novel prospects and foster innovation within the Hotel, Restaurant and Catering (HoReCa) and Food and Grocery Retail sectors.
Expressing the power of the ecosystem Mohamed Alabbar, Founder of Noon, acknowledged the importance of small and medium enterprises (SMEs) in the food business landscape. He said, “We are blessed with a very safe and secure environment for the industry to grow, thanks to the leadership of the country. So, we should take greater care of the country’s economy. SMEs account for approximately 70 percent of the 30,000 food outlets in Dubai, forming the bedrock of our economy. We must encourage the growth of local, home-grown brands.”
Amitabh Taneja, Editor in Chief of IMAGES Retail ME, emphasized the significance of collective action in propelling the industry forward. He said, “The UAE’s food service market is expected to grow at a remarkable CAGR of 17.09 percent, potentially reaching US$43.98 billion by 2029. We believe that the food business at large is a critical part of the overall retail ecosystem. Moreover, the Food & Grocery retail business in MENA is set to touch the US$216.3-billion- mark by 2026. This is an opportune time, and we clearly see that the consumer is evolving faster than ever. Keeping this in mind, we are constantly creating platforms that catalyses retail conversations to help nurture growth for the ecosystem. The Food Business Forum and the UAERG Food Service Forum are a culmination of our efforts to create a podium for the industry to innovate, collaborate, and nurture best practices and ideas for success.”
The morning hours of the conference delved deeper into understanding the nuances of the food business through the lens of industry leaders such as Panchali Mahendra, CEO of Atelier House, a global hospitality chain, who highlighted the importance of enhancing customer experience by balancing
technology implementation with human touch. On the other hand, George Kunnappally, Managing Director of Nandos-UAE, spoke about the choice of implementing technology, only if necessary. While the industry leaders from the food service industry shared their culinary secrets to success, the food and grocery industry leaders touched upon the trends dominating the MENA region and how the CEOs and their teams are navigating the ever-changing grocery landscape with the right strategies and actions.
Muhammad Adeel Anjum, the CEO for Circle K Arabia, highlighted the rapid growth and future potential of the grocery industry. He said, “The MENA grocery retail sector is undergoing a significant transformation, with an increased focus on technology and consumer convenience. The integration of advanced supply chain solutions and real-time analytics is enabling us to meet the dynamic needs of our customers more efficiently.”
Mr. Mohamed Al Hashemi, Chief Executive Officer, Union Coop mentioned, “Sustainability and local sourcing are at the forefront of our strategy. By prioritising these aspects, we not only support the local economy but also ensure the long-term viability of our operations. Our aim is to lead the way in providing high-quality, locally-sourced products to our customers.”
Further during the day through the conversations at IMAGES RetailME Food Business Forum, the varied aspects of the MENA grocery landscape were brought under the spotlight. While key leaders discussed role of technology and Artificial Intelligence in proliferating business growth, a special session on the growth of online grocery in the region brought an illustrious panel featuring John Noja, General Manager, Talabat Mart UAE; Mahmoud Bahaa, General Manager, Rabbit; Chase Lario, VP of Groceries, Careem; Halima Jumani, Founder and CEO, Kibsons International and Raed Hafez, CEO, El Grocer By Smiles.
While experts from the grocery industry of MENA discussed fast evolving customer preferences, warehouse automation, turning seamless across channels, food security and much more through the day, on the other hand the food service industry experts brought forward the idea of expansion, serving to a global audience, menu management, and marketing as a pillar of strength.
While everyone acknowledged the growing influence of tech across the spectrum, interestingly the ‘power of people’ emerged as the biggest talking point across both UAERG Food Service Forum and IMAGES RetailME Food Business Forum.
Explaining the concept of people power and community-building Amit Nayak, Vice Chairman of UAE Restaurants Group & Vice President of HAMA MEA, said, “Following the COVID-19 pandemic, the hospitality sector in the UAE has experienced a robust recovery, with a significant 22 percent increase in occupancy rates. The sector is projected to grow to US$10 billion by 2029. As a community-founded, nonprofit organization, UAERG is committed to closely working with governmental bodies to sustain and enhance business opportunities. This forum represents a pivotal moment for collaboration and innovation within our industry in the UAE.”
The food service industry is no stranger to change, with shifting consumer preferences and market dynamics driving continuous innovation. Keeping this broader context in mind, the afternoon panels at the UAERG Food Service Forum brought #HealthyHabits under the spotlight and key leaders and chefs highlighted the importance of integrating health-conscious options into menus to cater to the growing demand for healthier lifestyles.
The power of homegrown brands and how the fusion of local and global is redefining palates became a highpoint of discussion at the forum and the panel had local businesses talking about the art of mastering customer expectations by offering personalized experiences, all while catering to diverse tastes. Osamah
Alawwam, Co-founder, Roasting House touched on the concept of ‘Made in Saudi’ and mentioned, “Local brands have a unique opportunity to showcase our rich cultural heritage and flavors. By emphasizing quality and authenticity, we can create a strong identity that resonates globally.”
On the other hand, talking about interesting global concepts and how tweaking the same to local tastebuds can create a difference, Louay Moursel, Regional Director of Operations, Gastronomica mentioned, “Understanding local preferences and integrating them into global culinary trends is key to our success. By doing so, we can offer a unique dining experience that appeals to both local and international customers.”
Sharing his experience about the forum, Dr. Sadeddine Mneimne, Chairman, Access Group International (AGI) Holding, said, “As the Chairman of AGI Holding and a Golden Spoon partner, I am honuored to endorse an initiative that epitomizes innovation and collaboration within the food service and retail domains. Food Business Forum’s dedication to nurturing growth via community involvement and collaborations with governmental bodies aligns seamlessly with the core principles of AGI. We are steadfast in our conviction that through our alliance with IMAGES RetailME, we can effectively catalyse constructive transformation and foster sustainable advancement within the MENA region’s food industry and globally.” Sadique Ahmed, CEO of Pathfinder and Founder of RetailGPT, added, “The Food Business Forum has been a fantastic gathering of industry leaders, all in one place, showcasing and sharing their expertise and success stories. It’s inspiring to see such a convergence of ideas and experiences, which greatly benefits everyone involved. As a partner, RetailGPT is thrilled to have been part of this event. The interest in AI within the industry has been exceptional, underscoring the value of our partnership. We extend our best wishes to all the participants and look forward to continuing these fruitful collaborations.”
The discussions and debates reached a crescendo in the evening and culminated into an evening of celebration. Two special releases marked the beginning of evening: The Voices of Food & Grocery Retail coffee table book brought together the stories of triumph and success of the leaders of the food and grocery retail, while the June issue of the RetailME magazine titled Pioneers of Palates presented the stories of culinary journeys of prominent names from the food service industry. Moving on, the platform celebrated excellence and innovation within the industry through the IMAGES awards. The IMAGES RetailME Food Service Awards 2024 and Golden Spoon Awards powered by Allezz celebrated best practices in the food service and food and grocery retail across MENA. From culinary innovation to operational excellence, the awardees represented some of the finest retail practices, inspiring others to strive for excellence in their own endeavors.
As the UAERG Food Service Forum and IMAGES RetailME Food Business Forum drew to a close, participants left with a renewed sense of purpose and determination. The forums not only provided a platform for knowledge exchange but also forged meaningful connections and collaborations that are poised to nurture the trajectory of the food service and food & grocery retail sectors in the MENA region.
Sobha Modular Industries inaugurates new manufacturing facility in Ras Al Khaimah
The new manufacturing unit boasts a production capacity of 50 pods per day
HH Sheikh Saud Bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, recently inaugurated Sobha Modular Industries’ new manufacturing facility in Al Hamra, Ras Al Khaimah.
A subsidiary of Sobha Group, Sobha Modular Industries manufactures aluminium facades and bathroom pods with the use of cutting-edge AI-based CNC machines and robotics in its 250,000sqm facility.
The new manufacturing unit boasts a production capacity of 50 pods per day, with plans to double this output by year-end. It also produces 1,800sqm of aluminium products daily, with major upgrades on the horizon. Moreover, this set-up is expected to create over 3,000 jobs in the region, contributing to local employment opportunities.
Commitment
“This inauguration serves as a stellar exemplification of Sobha Group’s unwavering commitment to innovation, quality, and sustainability,” stated PNC Menon, Sobha Group Founder and Chairman.
“This innovative venture aims to facilitate ubiquitous development of local industries while augmenting the manufacturing landscape,” noted Ravi Menon, Sobha Group Co-Chairman.
“We are committed to supporting their growth and are confident that their success will inspire further industrial innovation in the region,” remarked Ramy Jallad, CEO, RAKEZ Group.
“This step further reinforces our market presence and reaffirms our commitment to the highest quality and customer satisfaction. We aim to set new benchmarks for excellence in the manufacturing industry,” commented Francis Alfred, Managing Director, Sobha Realty.
MSA Novo and King Abdullah University of Science and Technology (KAUST) sign MoU
Partnership to drive innovation and growth in Saudi Arabia
In a significant move to bolster the Saudi start-up ecosystem, MSA Novo has signed a memorandum of understanding (MoU) with King Abdullah University of Science and Technology (KAUST). This partnership underscores MSA Novo’s commitment to fostering innovation and entrepreneurship in Saudi Arabia.
“MSA Novo has always been at the forefront of bringing leading global technologies to Saudi Arabia that meet strategic demand, and our partnership with KAUST further solidifies that platform to bring global innovation to Saudi Arabia through the Kingdom’s preeminent research university, allowing us to build world-class technologies domestically,” stressed Ben Harburg, Managing Partner, MSA Novo.
“KAUST is supporting a wave of innovation in Saudi Arabia, transforming the economy and fostering a culture of entrepreneurship. We are grateful to our investor partners for their support and vision, helping us build a vibrant ecosystem,” noted Ian Campbell, Vice President, National Transformation Initiative, KAUST.
Key areas of collaboration outlined in the MoU include:
Joint Investment and Accelerator Initiatives: Establishing a joint investment strategy and collaborating on flagship start-up acceleration and incubation programmes to support emerging companies, particularly in cutting-edge technologies like artificial intelligence.
Access to Research and Mentorship: Gaining access to research and innovations from KAUST’s departments and providing mentorship and advisory services through MSA’s partners and industry experts to enhance the growth of university portfolio companies.
Entrepreneurship Education and Talent Development: Designing and implementing entrepreneurship education programmes, developing internship programmes, and creating a talent pipeline by providing students with hands-on start-up experience within MSA’s portfolio.
Technology Transfer and Industry-Specific Hubs: Collaborating with the Technology Transfer Office to facilitate the transfer of intellectual property and establishing industry-specific innovation hubs or labs to foster collaboration between start-ups and established companies.
Joint Events and Corporate Partnerships: Hosting joint events, conferences, and forums to bring together key stakeholders, and facilitating partnerships between start-ups and established corporations within KAUST and MSA’s networks.
By fostering collaborations and leveraging global technologies, MSA Novo and KAUST are set to drive significant economic growth and technological advancement in the Kingdom, a press communique concluded.
Qatar Airways Cargo and MASkargo Sign Comprehensive Memorandum of Understanding for Joint Cargo Business Operations
The two cargo carriers will now offer enhanced connectivity across both airlines’ global networks via their key hubs – Hamad International Airport and Kuala Lumpur International Airport
Qatar Airways Group and Malaysia Aviation Group have further expanded their long-standing relationship as oneworld partners by signing a Memorandum of Understanding (MoU) between Qatar Airways Cargo and MASkargo – the cargo airline and subsidiary of Malaysia Aviation Group – to deliver an enhanced product offering to cargo customers and help achieve operational synergies. This MoU follows the expanded codeshare agreement signed in 2022 between Qatar Airways and Malaysia Airlines to offer increased connectivity to their passengers.
With this strategic joint cargo business agreement, both cargo airlines will leverage each other’s network strengths and fleet capacity to increase cargo offerings. MASkargo customers will have access to the extensive global Qatar Airways Cargo network, while Qatar Airways Cargo customers will have access to the growing APAC market, including new destinations and additional capacity in existing stations.
The airlines will also be able to leverage both hubs, Hamad International Airport (DOH) and Kuala Lumpur International Airport (KUL), as strategic stops to serve the combined network. This partnership is also enabled by the planned growth of Qatar Airways Cargo handling capabilities at its new and expanded Cargo Terminal in Doha.
Both airlines are also aligned in their growth strategies. As the launch customer of the Boeing 777-8 freighter, Qatar Airways Cargo has purchased 34 aircraft and has options for 16 more. Malaysian Airlines has obtained 20 new A330neo aircraft for passenger flights operations. The aircraft belly-hold capacity will be used for cargo purposes.
Qatar Airways Group Chief Executive, Engr. Badr Mohammed Al-Meer, said: “Our new MoU with Malaysia Aviation Group is testament to our deepening relations with Malaysia and the integral APAC market. This strategic cooperation with our oneworld partner will serve to link our freighter and belly-hold networks with our cargo product offering and capacity, allowing us to further cement our relationship and foster the close links between our airlines.”
Group Managing Director of Malaysia Aviation Group, Captain Izham Ismail, said: “Expanding our partnership with Qatar Airways Cargo marks a significant milestone for MASkargo. This collaboration will not only enhance our product offering and operational capabilities but also solidify our position in the global cargo market. By leveraging each other’s strengths, we are poised to deliver unparalleled service to our customers and achieve remarkable growth together.”
Qatar Airways and Malaysia Airlines launched their codeshare cooperation in 2004 and have significantly expanded the partnership in recent years, which today is comprised of 62 codeshare destinations in Malaysia, South East Asia, Australia, New Zealand, the Middle East, Europe, the Americas and Africa.
In 2022, Qatar Airways and Malaysia Airlines signed a strategic MoU to further enhance the passenger airline partnership. The agreement facilitated an increase in choice of flights, wider destinations, and greater flexibility for passengers.
Company has a sophisticated cold chain mechanism that promotes hygiene
This annual campaign, organized by the WHO and the FAO on June 7, raises awareness about the importance of food safety and its impact on health. World Food Safety Day 2024 focuses on drawing attention to food safety incidents and the importance of being prepared to mitigate their potential risks.
“As the leading logistics and cold chain provider in the State of Qatar, GWC continues to provide end-to-end logistics support for food imports. GWC’s professionally certified food handlers inspect and distinguish contaminated, outdated, and spoiled food items at every stage of the supply chain,” observed Ranjeev Menon, Group CEO, GWC.
Empowering employees
“GWC’s Safety Observation Reporting System empowers employees to prevent, detect, and manage foodborne risks, contributing to food security, human health, economic prosperity, agriculture, market access, and sustainable development,” he added.
GWC has long been a champion of setting high standards of quality, including food safety. This dedication to quality in the storage and delivery of food consignments has earned GWC the trust of retail and food distribution outlets across Qatar.
With ISO 22000:2018 certification for Food Safety Management System since 2007, GWC also has a sophisticated cold chain mechanism that enables safe and hygienic on-ground movement of various types of food items, in addition to developing a food safety plan for all stakeholders involved in the supply chain.
Bahri has successfully concluded its participation in Posidonia 2024 in Athens Greece, one of the world’s biggest shipping exhibitions.
Held under the theme ‘Powering Ahead’ from June 3-7, 2024, at the Athens Metropolitan Expo, this biennial event was a convergence point for maritime professionals, renowned shipping companies, innovators, and pioneering industry leaders from around the globe.
Leveraging this pivotal platform, Bahri highlighted its extensive capabilities and advanced solutions across six business units: Bahri Oil, Bahri Integrated Logistics, Bahri Chemicals, Bahri Dry Bulk, Bahri Ship Management, and Bahri Marine.
As a hub of the world’s largest shipping community, Greece is also a top ship-owning nation, operating 21 percent of the international and 59 percent of the European capacity, underscoring the significance of this global event.
Posidonia 2024 attracted over 2,030 exhibitors from 82 countries, showcasing their unique offerings and capabilities.
Portrait and headshot photography by Alin Constantin Photography (C)
Bosch registered sales of 490 million euros in the Middle East in 2023
Company to expand its presence in Saudi Arabia and Oman in 2024
Bosch, a leading global supplier of technology and services, ended its 2023 fiscal year with 490 million euros, in consolidated sales in the Middle East, registering a 3% increase.
The company met its sales expectations despite the challenges faced in the 2023 business year. This growth was attributed to various divisions within Bosch, including Bosch Rexroth, Building Technologies, Mobility Aftermarket, and the Bosch Global Software Technologies subsidiary.
“Despite the challenges posed by the market due to geopolitical developments and respective economic impact, Bosch has demonstrated resilience and adaptability. Our associates’ dedication and hard work delivered the best possible results across divisions,” assured Per Johansson, General Manager, Bosch Group, Middle East
Bosch Middle East: Outlook for 2024
Countries in the Middle East are in different stages of development, major players, especially in the Gulf Cooperation Council (GCC), such as Saudi Arabia, UAE, and Oman are making leaps toward economic diversification through the adoption of long-term visions of the respective government leaders.
With the adoption of Artificial Intelligence (AI), investment opportunities are set to open across sectors; focus on reducing reliance on fossil fuels and refreshed environmental, social, and governance (ESG) strategies is expected to drive significant sustainable growth in the region.
Development of Bosch business sectors
In 2023, sales development in Bosch’s business sectors displayed a mixed picture. Bosch’s Mobility Aftermarket division has seen growth which was driven by the traditional diesel business as well as the passenger car spare parts (batteries, wipers, spark plugs) which was a focus area in 2023.
Bosch expansion in the Middle East
In 2024, the Bosch Group is planning a strategic expansion in the Kingdom of Saudi Arabia and Oman. This step underlines the company’s commitment to the region and its intention to reinforce its footprint in the Middle East.
Sustaining investments in the Middle East
Bosch is strategically focusing on digital transformation and hydrogen as investment areas, reflecting its commitment to innovation, sustainability and addressing global challenges. The Bosch Connected Industry division is spearheading the move towards smart factories as a pivotal component of its digital transformation strategy, a press communique concluded
The company is a leader in air conditioning, heating, and refrigeration solutions
Daikin celebrates its 100th anniversary marking a century of pioneering innovation and unwavering commitment to excellence in the HVAC-R industry, bringing future-proof solutions to global markets.
Operating in over 170 countries and with manufacturing facilities worldwide, Daikin has evolved to become a global powerhouse responding to the diverse cultures and values of its global clientele by providing products and services that harness the power of air to create healthy and comfortable spaces.
Founded in Osaka (Japan) in 1924, parent company Daikin Industries, global market leader in air conditioning, heating, ventilation, and refrigeration solutions (HVAC-R) is celebrating its 100th anniversary in 2024. Daikin achieved its best result ever in its century history, with 4395.3bn yen (28bn Euro), recording breaking sales results worldwide.
Advanced technologies
“Innovation is in Daikin’s DNA, driving us to continually develop advanced technologies that set industry standards. Daikin will continue to prioritize innovation, local engagement, and sustainability, ensuring that we remain at the forefront of the HVAC-R industry for the next century and beyond,”
Today, with more than 120 production sites around the world, Daikin is a leading global air conditioning company, providing products and services that meet the needs arising from diverse cultures and values around the world. Our mission is to make people and spaces healthy and comfortable through the power of air.
To celebrate Daikin’s global leadership, a ceremony was recently held at The Symphony Hall (Osaka, Japan) to celebrate the 100th anniversary of the company’s founding. Chairman of the Board and Global Group Representative Noriyuki Inoue reflected on Daikin’s growth to date and expressed his expectations for its future growth, according to a press communique.
“With the spirit of learning from the past and applying those lessons to the future, we would like to further refine our technological capabilities, which are the lifeline for a manufacturer, and contribute to society through our technologies,” affirmed Inoue.
Cathay Pacific to launch direct flights between Riyadh and Hong Kong
Move strengthens Hong Kong’s role as a hub for the Belt & Road initiative
Cathay Pacific has announced the launch of direct passenger flights to Riyadh, the capital and financial centre of Saudi Arabia, from 28 October 2024, further enhancing connectivity, trade and cultural exchange between its home hub, Hong Kong, and countries participating in the Belt and Road Initiative.
Cathay Pacific marked the announcement with a recent signing ceremony in Hong Kong, attended and witnessed by Hong Kong SAR Secretary for Transport and Logistics Lam Sai-hung; the Consul General of the Kingdom of Saudi Arabia in Hong Kong SAR, Hamad Aljebreen; Cathay Group Chief Executive Officer Ronald Lam and Saudi Air Connectivity Programme Chief Executive Officer Majid Khan.
“This new service will offer more travel options and greater convenience for our customers travelling to and from Saudi Arabia, as well as promote opportunities for business, trade and tourism,” stated Lam.
“We will continue to develop flight services along our existing major routes as well as routes connecting Hong Kong with Belt and Road countries and regions, as we look ahead to the full operation of the Three-Runway System at Hong Kong International Airport,” he continued.
“We welcome Cathay Pacific, one of the premium carriers, to Saudi Arabia and look forward to mutually developing the potential in years to come,” remarked Khan.
Cathay Pacific will operate three return flights per week between Hong Kong and Riyadh using its modern Airbus A350-900 aircraft, featuring Business, Premium Economy and Economy cabins.
AJEX Logistics Services inks new deal with Africa Union Holdings Group
The new agreement will enhance logistics services between Africa and the ME
AJEX Logistics Services, a leading Middle East-based specialist in express distribution and shipping solutions, recently announced the signing of a new partnership agreement with Africa Union Trading and Africa Union Aviation, subsidiaries of Africa Union Holdings.
The agreement, inked at the Saudi Trade Attaché’s office in Sandton, Johannesburg, marks a significant step towards enhancing logistics and supply chain services between Africa and the Middle East.
The new agreement will support the strategic expansion objectives of both companies – with Africa Union Holdings growing its footprint across the GCC, and AJEX growing its footprint across Sub-Saharan Africa.
Pivotal milestone
A pivotal milestone for business development, this partnership represents a concrete step towards realizing the shared vision of enhancing trade connectivity and fostering greater economic cooperation between Sub-Saharan Africa and the Middle East.
“This collaboration is a forward-looking initiative that aligns with the broader goals of increasing trade volumes and enhancing economic cooperation,” stated Mohammed AlBayati, Group CEO, AJEX Logistics Services.
“We are thrilled to embark on this partnership with AJEX Logistics Services, marking a new chapter in our journey towards building stronger trade and logistics ties between Africa and the Middle East.,” commented James Ndambo, CEO, Africa Union Holding.
Collaboration
Under the terms of the agreement, both parties will collaborate closely to streamline their operations and maximize efficiencies in Shipping, Airfreight, Trucking, Rail Freight and last-mile delivery.
As part of the framework, all AJEX cargo destined for Africa will be managed by Africa Union Holdings Group during the final leg of delivery. Vice versa, all Africa Union Holdings Group cargo destined for the Middle East will be managed by AJEX during the final leg, a press statement concluded.
H-E-B Opens Additional E-Commerce Fulfillment Center Featuring Swisslog Automation
H-E-B recently announced the opening of a new e-commerce fulfillment center in Cibolo, Texas, to support curbside and home delivery orders throughout Cibolo, New Braunfels and surrounding cities around the San Antonio area.
The 55,000-square-foot facility marks H-E-B’s eighth e-commerce fulfillment center the company has opened since 2018 and features AutoStore empowered by Swisslog and operating on synchronized intelligence from Swisslog’s SynQ software. The most recent of these facilities was opened in Plano, Texas in July 2023.
Five members of the Swisslog team attended the ribbon-cutting ceremony to mark the opening of the facility and showcase the ongoing partnership between the two companies. Swisslog continues to help H-E-B achieve their automated fulfillment goals and provide unmatched service and support to their communities.
H-E-B said the e-commerce fulfillment center further expands the retailer’s commitment to integrate innovative technologies that drive omnichannel growth and provide a more convenient and better shopping experience for Texans. The company further explained that these facilities have enabled H-E-B to grow its supply chain capacity to help improve and power the expansion of its curbside and home delivery services, which are available at more than 270 stores in Texas.
With this facility now operational, H-E-B said it plans to continue to open additional facilities across the state to help support the retailer’s expansion plans.
Agreement broadens seamless travel between a range of destinations across North Africa
Etihad Airways and Royal Air Maroc are set to work more closely together for the benefit of their customers after signing a Memorandum of Understanding (MoU) to boost commercial and operational ties.
The agreement reflects a dedication to exploring enhanced cooperation, aiming to offer travellers expanded choices, superior services, and added value, all while fostering sustainable aviation, according to a press release.
“This agreement covers a broad range of activities from exploring the expansion of existing codeshare arrangements to cover more domestic routes in Morocco and Africa, to looking at developing existing frequent flyer programme co-operation,” commented Antonoaldo Neves, Chief Executive Officer, Etihad Airways
“We are very proud to establish this important partnership with Etihad Airways, which aligns with our ambition to further enhance our connectivity and continue offering our passengers a more optimised and seamless travel experience through our respective hubs,” explained Abdelhamid Addou, Chairman and Chief Executive Officer, Royal Air Maroc.
Honeywell inaugurates the first building automation assembly line in Saudi Arabia
As part of its more than seven-decade commitment to the Kingdom, Honeywell has opened its first assembly line dedicated to Fire Alarm and Building Management solutions in Saudi Arabia. The facility, located in Dhahran, marks a significant expansion of Honeywell’s Building Automation capabilities in both Saudi Arabia and the broader Middle East region.
The new facility will provide local and regional markets with Saudi-made products that adhere to the highest local and international industry standards. This initiative underscores Honeywell’s strategy to increase localization in Saudi Arabia, in areas that align to the company’s focus on three compelling global megatrends, including the energy transition, automation and the future of aviation.
The new facility will streamline the delivery process of world-class building automation and critical safety technologies, enabling faster and more efficient distribution of products to customers throughout the region.
Automation Technologies
“Urban populations are increasing, and through automation technologies we are able to help cater to this expanded need while helping to tackle carbon emissions and driving efficiency through smarter and safer technology,” commented Phil Daniell, VP and GM, Honeywell-Business Automation in Middle East, Turkey and Africa.
“This major milestone not only enhances our capability to serve our customers with locally manufactured solutions, but also solidifies our commitment to contributing to the Kingdom’s industrial and technological advancements,” remarked Abdullah Al-Juffali, Honeywell Country President, Saudi Arabia and Bahrain.
Honeywell is poised to meet the growing demands of the Middle East’s building automation market, reinforcing its leadership in providing innovative and reliable safety and control solutions that drive economic efficiency and technological progress in the region.
Honeywell has been present in Saudi Arabia for more than 70 years and currently operates from nine locations across Saudi Arabia.
The inaugural Logimotion event will take place from 10-12 December 2024
Messe Frankfurt Middle East, the organisers of Logimotion, a pioneering new event for the international logistics industry, recently held an advisory board meeting to outline the key priorities for the upcoming event, which will take place from 10 – 12 December at the Dubai World Trade Centre.
According to research, Dubai’s logistics industry is a significant and fast-growing sector of the UAE economy. Data from Mordor Intelligence has revealed it is forecast to be worth US$31.41 billion by 2026, up from US$19.65 billion in 2020, representing a compound annual growth rate (CAGR) of 8.41%.
Adding to the country’s central position in the sector, the Government’s Dubai Silk Road Strategy aims to position the UAE and Dubai, more specifically, as a critical global trade and logistics hub along the historic Silk Road trade route, which connects Asia, Europe, and Africa.
Redefining global logistics
Set to redefine the global logistics and mobility landscape, Logimotion is the first event of its kind and will coincide with Automechanika Dubai. The main features of the event include the Global Trade and Infrastructure Summit (GTIS) on the exhibition’s main stage that will address the complexities of global trade dynamics and the crucial role of infrastructure in the seamless movement of goods and people.
SCALEX will showcase supply chain excellence with keynote discussions from global industry experts, covering global supply chain networks and geopolitical influences on trade and logistics.
The TransMobility Forum (TMF) will round out the event’s key forums, exploring the latest trends, challenges, and innovations in the transportation and mobility sector, focusing on integrated transport networks, smart cities, sustainable urban mobility, autonomous and Electric Vehicle (EV) ecosystems.
Empowering global logistics
“Logimotion is dedicated to empowering the global logistics, mobility, and supply chain sectors by providing a dynamic platform for innovation, collaboration, and growth in Dubai’s global logistics hub,” stated Dishan Isaac, Exhibition Director, Logimotion.
The event’s esteemed advisory panel comprises industry leaders and experts representing the global mobility and logistics sectors, alongside prominent academics from Muscat University, Heriot-Watt University and Abu Dhabi University, who are shaping the industry’s future workforce.
Members include Dr. Stephane Graber, Director General, FIATA; Mohsen Ahmad, Chief Executive Officer, Logistics District, Dubai South; Nadia Abul Aziz, President, National Association of Freight and Logistics (NAFL); Emmanuel Augustin, Vice President, Supply
Management, Dubai Airports; Nissrine Elqobai, Board Member, Supply Chain and Logistics Group (SCLG), and Stefan Schroder, Managing Director, LNC Logistics Network Consultants Gmbh.
Logimotion will encompass eight product areas: Warehousing, Supply Chain Management, Digital Solutions, Freight and Cargo, Outsourcing Services, Transportation and Mobility, Compliance and Infrastructure, and Consulting Services.
The event will provide a rare opportunity for key industry players to meet and help shape the sector’s future. Other topics on the agenda include Artificial Intelligence (AI), blockchain, warehouse automation, real-time tracking and monitoring, and digital supply chain platforms for visibility and efficiency.
Scan Global Logistics completes the acquisition of Foppiani Shipping & Logistics establishing presence in Italy
Scan Global Logistics’ (SGL) growth journey continues with the acquisition of Foppiani Shipping & Logistics, an Italian freight forwarder with a head office in Prato. With the acquisition, SGL brings ‘Uncomplicate Your World’ to the eighth-largest economy in the world and the third-largest economy in the European Union for the first time. Foppiani, founded in 2007, is an independent freight forwarder focusing on customers in fashion and retail, automotive and a variety of other sectors.
After the approval of Italian Competition Authorities, Scan Global Logistics has completed the acquisition of Foppiani Shipping & Logistics in Italy. Foppiani, headquartered in Prato, employing more than 160 people, generates yearly revenue of EUR 115m and have multiple locations in Italy as well as subsidiaries in Asia and USA. Foppiani offers diverse services in air and ocean freight with regular routings to some of the key markets for SGL.
Allan Melgaard, Global CEO SGL, says: ‘Italy has been a priority for SGL for some time, and we are thrilled to welcome Foppiani to the family. It was evident from the first meeting that there was a ‘meeting of the minds’ when it comes to entrepreneurship, customer focus and focus on employees. Italy represents tremendous opportunity in several sectors, and we firmly believe that Foppiani is the right platform to further grow our business, both with existing and new customers.’
Enrico Rossi & Paolo Cavicchi, the owners of Foppiani, explains on their behalf: “Our customers and employees are the main reason for our success, and with SGL we have found a company that shares our approach to business and life. And with SGL’s global presence and services, we can further expand our reach to service our customers in even better.”
IVECO and Arabian Auto Agency (AAA), the manufacturer’s official dealer in the Kingdom of Saudi Arabia, recently delivered 55 Daily model 50C15V18 18m3 loading capacity to Theeb Rent -A-Car Co.
Long-established and leading vehicle rental company, Theeb Rent-A-Car Co. has an extensive wide-ranging inventory of multi-faceted vehicles that comprise a wide range of transportation solutions for both long and short-term rentals to a wide base of customers from different industry categories and sectors including personal and commercial.
Versatile vehicle
These 55 Daily Van 18m3 loading capacity are equipped with refrigerator unit and will be added to the fleet of Shahina Logistics, a prominent Saudi Arabian transporter and logistics services provider, on long rental basis for their meat products distribution to the main supermarket retail chains, nationwide.The 55 Dailyis most versatile vehicle in its class that will serve the Saudi Arabia territory nationwide, according to a press communique.
All the Daily models 50C15V18 have been produced at IVECO’s Suzzara plant (a commune in the Province of Mantua, in the Italian region of Lombardy) and refrigerators have been mounted directly in Riyadh.
“Since the beginning of 2024, the Arabian Auto Agency Co. has recorded great achievements and signed high-class strategic partnerships, and these are the results of what we have achieved during the previous years of hard work, maintaining the level of service and customer satisfaction, and we will work to reach the summit as we aspire,” stressed Fayez Alsino, Regional Sales Manager, Arabian Auto Agency.
Continued growth
“This is a strong signal of IVECO’s continuous growth in this key Saudi Arabian market through its full range of vehicles; after the recent deliveries that saw our IVECO S-Way, IVECO T-Way and Eurocargo models enter the Kingdom’s market. We are now progressing well in this very challenging light commercial vehicle sector in the Middle East,” stressed Alberto Pellegrini, IVECO Business Manager, Saudi Arabia.
“The Saudi Arabian market is quickly evolving and growing, so as a consequence, IVECO together with our official distributor Arabian Auto Agency is ready to seize the opportunity and take up the challenge,” he assured.
The Daily features an entirely new driver seat with central pads of the cushion and backrest in memory foam, an industry first for Light Commercial Vehicles.
Theeb Rent-A-Car Co., established in 1991, now has more than 52 branches nationwide and over 33,000 vehicles across the Kingdom. The Theeb Company is considered the largest car rental and operational leasing company in Saudi Arabia.
IVECO Daily: Power Your Ambition
The Daily is the most versatile vehicle in its class. Its extensive model line-up and bodywork options openup a wealth of opportunities: whatever the mission, one can find and customize the Daily to perfectly match your operational and business requirements.
The Daily offers the widest line-up in the industry, it is the only vehicle in its class that ranges from 3.5 ton all the way up to 7.2 ton of gross vehicle weight, with wheelbases from 3000 to 5100 mm, opening up a wealth of possibilities for a wide variety of missions from urban deliveries to heavier transport jobs in the construction sector.
It is designed and built to offer endless bodywork options, making it easy to customize for your specific needs. It is perfect for highly specialized and demanding adaptations, such as rescue vehicles or ambulances.
Attributes
New memory foam seats: adapt to the driver to provide supreme comfort. The Daily features an entirely new driver seat with central pads of the cushion and backrest in memory foam, an industry first for Light Commercial Vehicles.
The foam moulds to the body, distributing the weight evenly, reducing pressure peaks by up to 30%. This results in supreme comfort and protects youfrom back pain. The side sections have been thickened with 15mm of high-density foam to improve lateral containment, enhancing safety and the driving experience.
Taller people will be more comfortable with the 20 mm longer and 15 mm thicker front cushion, which provides better support for their longer legs. The seat side levers have been redesigned to make it easier to get on and off the vehicle, ideal for door-to-door and parcel delivery missions that require frequent exits.
Rohan Singhvi, Head of Logistics and Warehousing, RAK Ceramics, explains and demystifies the complexities and intricacies of demand planning, in this special contribution (in Q&A format) to Global Supply Chain.
What is demand planning, and why is it important for businesses?
Demand planning is a tool to forecast demand for a particular product or service, to achieve high fill rates, maintain optimum stock levels and to keep up with high customer service levels.
Keeping pace with the demand for a product is critical, because failing to do so can result in lost revenue for the product or, even worse, lost customers. One the main goals of demand planning is to have just the right amount of inventory to meet customer demand without incurring shortages or wasting money on making and storing surplus inventory.
How do you forecast demand accurately in a dynamic market?
There are four ways to forecast demand accurately in dynamic market:
Enhanced data collection & Integration: Data collection is the backbone of any demand forecasting. This can be done by implementing integrated data management systems/IOT, which can help break down silos and ensure that all relevant data is captured and shared across departments.
Incorporate Advance Analytics & AI: Advanced analytics and AI technologies can help companies better understand complex demand patterns and predict future trends more accurately.
Flexibility and Scenario Planning: Building flexibility into the forecasting process and regularly conducting scenario planning can prepare companies for unexpected changes in demand.
Continuous Monitoring and Adjustment: Demand forecasting should be a continuous process that regularly monitors actual demand versus forecasted demand. This will help companies to identify discrepancies and adjust their forecasts.
What are the key components of a demand planning process?
Demand planning is a complex process that typically includes the following elements:
Data collection from external and internal sources on the factors known to predict or influence demand.
Statistical analysis of inventory, sales.
Modeling the data to predict future demand.
Collaboration with stakeholders to gather information on events that could affect demand, such as promotions and production delays.
Explain the difference between short-term and long-term demand planning?
Short term Demand Planning:
Short term demand planning typically covers period of less than one year, usually upto three months. The main purpose of short-term forecasting is to support operational decisions, such as scheduling, staffing, replenishment, and allocation.
Short-term forecasts are usually more accurate and reliable than long-term forecasts, as they are based on recent and relevant data, and have less uncertainty and variability. Some common methods for short-term forecasting are regression analyses, exponential smoothing and time series analysis.
Long term Demand Planning:
Long term demand planning typically covers a period of more than one year. The main purpose of long-term forecasting is to support strategic decisions such as market entry, capacity planning, investment and product development.
Long-term forecasts are usually less accurate and reliable than short-term forecasts, as they are based on historical and projected data, and have more uncertainty and variability. Some common methods for long-term forecasting are scenario analysis, trend analysis and simulation.
How do you handle seasonality and trends in demand forecasting?
There are three essential trigger points or factors such as Seasonality/Trends and Events influence demand forecasting. These factors can cause demand to fluctuate, spike, or drop unexpectedly making it hard to forecast.
Seasonality:
Seasonality is the pattern of demand that repeats itself over a certain period. Seasonality can be caused by natural factors, such as the change of seasons, or by human factors, such as holidays, festivals, or school terms.
To incorporate seasonality into your demand forecasting models, you need to identify the seasonal cycle and the seasonal factors that affect your demand.
Trends:
Trends are the long-term changes in demand that reflect the overall direction of the market, the industry, or the society. Trends can be positive, negative, or neutral, and can be influenced by factors such as technology, innovation, demographics, or consumer behaviour.
To incorporate trends into your demand forecasting models, you need to analyze the historical data and identify the trend components that affect your demand. You can use methods such as moving averages, exponential smoothing, or trend projections to extrapolate your demand forecasts based on the trend components.
Events:
Events are the short-term or one-time occurrences that impact the demand for a product or service, either positively or negatively. Examples of events include promotions, product launches, price changes, recalls, strikes, natural disasters, or pandemics.
To incorporate events into your demand forecasting models, you need to anticipate the occurrence and the impact of the events on your demand. You can use methods such as scenario analysis, causal analysis, or judgmental methods to adjust your demand forecasts for events.
What role does data analytics play in demand planning?
Data analytics plays the following major roles in demand planning-
Uncovering Historical Patterns and Trends by analyzing large datasets containing historical sales, customer behavior, and external factors such as economic indicators.
Identifying Seasonal Variations & Demand Cycles which are crucial for accurate forecasting.
Predicating Customer Behaviour and Preferences that incorporateexternal factors such as economic conditions, competitor activities, weather patterns, and regulatory changes can significantly impact demand.
How do you integrate demand planning with supply chain management?
Integration of Demand planning with Supply chain management can be done through IBP (Integrated Business Planning) tools such as S&OP (Sales & Operations Planning) that act as strategic interface between the two elements of Sales and Operations.
The beauty of S&OP lies in its dual focus: while ‘sales’ is concerned with the demand side, examining market trends, customer behavior, and sales data, ‘operations’ is all about the supply side, which encompasses production capacities, logistics, inventory management, and resource allocation.
S&OP fosters communication and collaboration across the organization, driving improved efficiency, reduced costs, increased customer satisfaction, and better business performance.
What are somefamiliar challenges faced in demand planning, and how do you overcome them?
Quality and availability of data:Good data is the backbone of any demand forecasting. But businesses often must deal with data that is missing, wrong, or out of date, which can make predictions that aren’t correct. This can be overcome by having data cleanup, by adding more data sources & using demand forecasting tools.
Variables from external factors:Demand estimation can be affected by things outside of the company, like the economy, what competitors do, and changes in what customers want. A lot of the time, traditional forecasting methods can’t take these changing factors into account, which makes their predictions wrong.This can be overcome by using advanced analytics, scenario planning and collaboration with experts in the field.
Changes in product’s lifecycle:As innovation speeds up, advanced product life cycles are getting shorter. Because of this, it’s hard to predict demand, especially for new goods that don’t have any historical data. This can be overcome by product analysis,pre-launch testing and evaluation once the product is released.
Keeping both accuracy andtimeliness in mind: It is not always easy to balance the need for accurate predictions with the need to make them on time. Businesses need to find a balance between doing thorough, accurate demand forecasting, and giving quick and useful insights. To overcome this business needs to use rolling forecasts and make short term predictions.
Alignment between departments and collaboration: Demand forecasting shouldn’t happen in a vacuum. When departments like marketing, sales, finance, and operations aren’t working together properly, it can cause problems with predictions and, in the end, the business plan. This can be overcome by setting up a way to forecast together with inputs from cross functional teams and use collaborative demand forecasting tools.
Can you discuss the importance of collaboration between different departments in demand planning?
Demand collaboration is a process where multiple stakeholders come together to provide input into the forecasting process.By establishing collaborative demand planning, companies can have a comprehensive view of inputs from various departments and supply chain partners which allows them to identify relevant changes and shocks more quickly.
By gathering information from all relevant parties, you can create a more comprehensive forecast that considers a broader range of factors and provides a clearer picture of future demand. This close collaboration enables teams to create better coordinated responses faster.
How do you measure the effectiveness of a demand planning strategy?
Effectively tracking key demand planning metrics involves assessing forecast accuracy, fill rate, Inventory Turnover ratio, lead time variability, stock turnover, customer service levels, backorder rate, demand variability, on-time delivery performance, inventory turns, and stockout rate.
Regular monitoring of these metrics provides insights into demand precision, inventory efficiency, and overall supply chain reliability. Ongoing analysis allows for informed adjustments, optimizing demand planning strategies to enhance customer satisfaction and operational effectiveness.
What technologies or software tools are commonly used in demand planning?
There are five major technologies or software tools that are used in Demand Planning-
Forecasting and Demand Planning Software.
Inventory Management Systems.
Data Analysis and Reporting Tools.
Collaboration and Communication Platforms.
ERP and Supply Chain Management Systems.
Can you provide examples of successful demand planning strategies implemented by companies in different industries?
Amazon
Amazon is a company that heavily relies on demand forecasting to manage its operations. The company uses algorithms and machine learning models to analyze customer data, sales history, and other relevant data to create accurate demand forecasts.
These forecasts help Amazon determine how much inventory to stock, where to store it, and how to distribute it efficiently. By using demand forecasting, Amazon has been able to reduce delivery times and improve customer satisfaction.
Ford Motor Company
Ford Motor Company is another company that has successfully used demand forecasting to improve its operations. The company uses predictive analytics and machine learning to analyze historical sales data and make predictions about future demand. This allows Ford to adjust production levels to meet demand and optimize its supply chain.
Coca-Cola
Coca-Cola is a company that has been using demand forecasting for decades. The company uses a variety of methods, including statistical modeling and trend analysis, to create accurate demand forecasts.
Apple
Apple has the best demand forecasting tools to plan its supply of iPhones /iPads across the world. It does its demand planning by doing historical data analysis, market research, and using the existing supply chain data. They use Machine learning and AI to analyze large amounts of data and adjust forecasts in real-time based on changing market conditions.
Beta-testing of SKYPALLET 2.0 is well underway and Wiremind is on track to launch the significantly improved version of its flagship product this summer. Leveraging years of feedback from multiple leading airlines, SKYPALLET 2.0 will bring a more intuitive interface, greater processing speeds, and workflow automation thanks to SKYPALLET’s integration in CARGOSTACK.
Since its launch in 2017, SKYPALLET has become the market leading space optimization and palletization tool for airlines, GSAs, charter brokers and forwarders. SKYPALLET was the first commercial software to offer air cargo-specific 3D visualisation and optimization of pallet and container loads, addressing some of the industry’s most limiting pain points. With the original goal of empowering commercial teams with the operational know-how to quote shipments more efficiently, SKYPALLET has advanced significantly today to support full flight optimizations for over 25 customers. SKYPALLET is also one of the bestsellers of CargoTech. Some highlights of the key improvements planned:
Rewriting of SKYPALLET’s code base in a new programming language, enabling all customers today to benefit from faster calculation speeds and more advanced palletization algorithms
The integration of SKYPALLET into the CARGOSTACK ecosystem to allow deeper integrations and significant workflow automations.
The ability to include new data points that can be used by the palletization engine such as freight status or its build characteristics on an inbound leg to produce more granular results
A revamped user interface and experience with more intuitive workflows and information displayed, matching the user-friendliness of the whole CARGOSTACK product suite
“Various improvements to SKYPALLET over the years means it is now used at multiple touchpoints and processes in the air cargo lifecycle by our customers,” says Nathanaël de Tarade, Wiremind Cargo CEO. “While SKYPALLET has already been integrated to customer systems through its API, it has remained a stateless application relying on external systems to provide shipment and capacity inputs per calculation. By incorporating it into CARGOSTACK as part of our version 2.0, we now have the architecture to retrieve and hold all the relevant inputs consumed by the palletization algorithm, through what we call a stateful or deep integration with a customer’s core reservation system. This enables different automated workflows such as running SKYPALLET autonomously in the background using the booking, flight and aircraft data to recommend outputs back to the airline system such as the remaining available volume, suggest offloads and significantly automate the flight release process. We are also excited because SKYPALLET 2.0 is unlocking a number of new use cases which we are actively exploring with early adopter customers. This includes a new module to manage end-to-end special loads processes, its use in-warehouse for build planning and execution, and aircraft weight & balance capabilities.”
With the 2.0 improvements, SKYPALLET can be used throughout the entire cargo lifecycle from quotation to booking acceptance, capacity control, flight release, through to operations – enabling airlines to optimize space at every step, and thus maximize revenue. It will be progressively rolled out to new and existing customers over the coming 12-18 months with a comprehensive change management plan.
TMS Tanker Conference 2024 to focus on sustainable shipping
3rd June 2024, Dubai, UAE: The Maritime Standard is pleased to confirm that the ninth annual The Maritime Standard Tanker Conference will take place on Thursday 7th November 2024. The conference will, like last year, be held at the iconic Atlantis, The Palm, Dubai, one of the best quality venues in the Middle East.
Trevor Pereira, Managing Director, The Maritime Standard, says, “This is a great opportunity for people involved in tanker shipping to get together and discuss and debate all the key issues facing the sector. There are a lot of hot topics to be covered, including those relating to environmental protection, as well as issues like safety and security and digitalisation. The evening before, the Atlantis Ballroom will host the TMS Awards which will be attended by all the region’s leading tanker owners and operators. Having these two outstanding events back to back at the Atlantis ensures we attract all the main players in the tanker shipping business, making the Conference an event that really adds value for all attendees.”
Aimed at key decision makers and influencers within the tanker shipping business, the event takes places at a time when there has never been a greater focus on environmental challenges, making the over-arching theme of this year’s conference – Sustainable tanker shipping: accelerating the journey to net zero – highly topical and relevant. This year all three conference sessions will cover ongoing efforts to achieve a sustainable tanker shipping sector, and how to press forward purposefully with initiatives and investments that will enable ambitious net zero carbon emissions targets to be reached.
The shipping industry in general, and tanker shipping in particular, has a crucial role to play in the battle to address climate change harms worldwide. The pace of technological change in pursuit of this goal has been rapid, and the conference will be a chance to hear about the latest developments, as well as those being researched and developed. This will also be an opportunity to assess recent and planned regulatory developments, including the CII and EEXI frameworks, and the increasingly influential EU ETS scheme. Alongside sustainability issues, the Conference will focus on key market trends in the crude, products, chemicals and gas tanker markets. Market prospects are highly promising overall with high freight rates and strong global demand for oil and oil products. Tanker owners and operators seem well placed to take advantage of favourable market conditions. Offsetting that, continued geopolitical tensions, disruption to Red Sea trade lanes, and the uncertain outcomes of key national elections have combined to create a sense of uncertainty, which will provide a backdrop to discussions. Attendees will get the chance to hear from leading figures in the tanker business presenting their assessments of the key issues. As well as topics relating to tanker ship owning and operating, the event will also look at related support sectors, such as classification, bunker supply, law, ship agency and supplies, ship technology, logistics and terminal handling and storage.
Clive Woodbridge, Conference Chairman & Editor, says, “The TMS Tanker Conference is now firmly established as one of the must-attend events for anyone involved with tanker shipping, and this year promises to be the best one yet. There will be nowhere better to discuss and debate all the important maters facing this key sector of the global shipping industry at a critical moment in its development.” For more information about the conference, and how to register, as well as sponsorship opportunities, please go to https://tmstankerconference.com/
Dhofar Global promotes sustainability across GCC countries through strategic partnership with UAE’s Palmade
Dhofar Global, a leading B2B supplier of essential products in the Middle East, and Palmade, a UAE-based company that offers locally manufactured biodegradable products, have announced a strategic partnership. The partnership aims to deliver on the sustainability promises of both companies and advance the pressing green agenda by helping businesses throughout the GCC region replace single-use plastic products with eco-friendly, high-quality alternatives.
Using its extensive customer base, in-depth market expertise and wide geographic reach throughout the GCC region, Dhofar Global will further drive sales across the region and introduce Palmade’s biodegradable solutions to its wide range of clients in HORECA, facility management and corporate sectors.
Faleh Al Abri, CEO of Dhofar Global, stated: “Our collaboration with Palmade is a testament to our commitment to provide sustainable solutions to clients and help them reduce their environmental impact. We are particularly pleased with this partnership as it aligns with our strategic goal of supporting local manufacturers and helping them grow by providing access to our extensive client base throughout the GCC region. The shift to sustainability is essential for preserving our planet, and we aim to accelerate this transition by guiding our clients on this journey and promoting sustainable practices across various operational domains.”
