Emirati ports operator nails Pointe-Noire deal
Abu Dhabi-based logistics multinational, AD Ports, has entered into a 30-year concession agreement with the government of the Republic of the Congo to manage and operate the multipurpose New East Mole Terminal in Pointe-Noire. The agreement was signed by Mohamed Juma Al Shamisi, the managing director and CEO of AD Ports; and two Congolese government […]
AD Ports signs 30-year concession agreement for Congo’s multipurpose terminal
AD Ports Group signed a 30-year concession agreement with the government of the Republic of the Congo for managing and operating the multipurpose New East Mole Terminal in Pointe-Noire. The agreement follows the previous Head of Terms agreement signed between the two parties in March 2023. Under the terms of the new agreement, AD Ports […]
New CH Robinson CEO to leverage global supply chain, logistics management background
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. C.H. Robinson’s new CEO Dave Bozeman will be putting all of his knowledge in global supply chain and logistics management to use upon taking the helm of the company June 26. C.H. Robinson CEO Dave Bozeman Provided […]
Construction mafia halt transport projects worth R58 million
The City of Cape Town is investigating syndicates for cases of extortion and kickbacks that are placing R58.6 million in expenditure at risk on transport capital projects. At least seven major projects have been halted due to safety concerns on-site, ranging from the construction of new public transport infrastructure to road reconstruction and stormwater maintenance, […]
Dry season threatens Panama Canal
The Panama Canal will implement water conservation measures during the rainy months to help recover water in all the surrounding lakes. The Canal is closely monitoring the development of weather events affecting water availability in the canal watershed, which according to forecasts, could worsen with the arrival of the El Niño phenomenon. “Current estimates indicate […]
Procurement as a growth engine: How procurement can drive business growth with intuitive buying
After years of consistent global disruption, CPOs are taking on a more strategic role, heading enterprise-wide initiatives such as sustainability and diversity and adopting a holistic mindset beyond the traditional cost-focused approach. Faced with dynamic industry conditions, ongoing supply chain disruption and changing consumer expectations, companies worldwide have begun to realize procurement’s potential to tackle […]
Western Cape takes stock of flood damage to fresh produce
Various areas in the Western Cape remain difficult – if not impossible – to access for mop-up work after the damage inflicted by days of rainfall, submerging large areas under water. This is especially true for towns and regions affected by the Olifants River, which burst its banks because of incessant downpours. Jannie Strydom, the […]
Pricing emissions from shipping: Where should the money go?
The backbone of worldwide trade, international shipping moves more than 80% of global trade by volume. As a result, international shipping accounts for about 3% of global greenhouse gas emissions. Unless shipping moves to zero-carbon fuels and innovative technologies to green its energy footprint, the latest estimates suggest that carbon emissions will grow by 90-130% by […]
Gautrain strike is looming | Freight News
The premier link between Gauteng’s main centres and OR Tambo International Airport for ferrying business and tourism passengers, the Gautrain, is threatened with strike action after wage negotiation talks deadlocked between the main representative union and the facility’s owners, Bombela Operating Company (Bombela). The high-speed express commuter rail system links the country’s premier airport with […]
US West Coast port deal eases strike tensions as SCFI and FBX indices follow WCI
The closure of the past week saw two strings of activities on either side of the globe. The US West Coast Port union strike looms were dissipated to a great extent following intervention from the US authorities, despite hold-up of cargo worth US$5.2 billion and trucks in piles at ports. Ports, such as Seattle, displayed […]
