SGL’s expansion continues with new office in Gqberha
Scan Global Logistics (SGL) has added an office in Gqberha (Port Elizabeth) to the three it already has in South Africa in Johannesburg, Durban and Cape Town. The expansion down south follows after SGL opened its first office in Kenya, all part of what appears to be an aggressive growth path for the multinational freight […]
Hapag-Lloyd emerges as potential HMM bidder
The emergence of Hapag-Lloyd as a contender for the acquisition of South Korean carrier HMM is not a surprise, given that the company is up for sale and other major lines have made large profits over the past two years. Local media reports say that Hapag-Lloyd requested an Information Memorandum from Samsung Securities and is […]
WTO backs US in challenge of China’s retaliatory tariffs
Dive Brief: The World Trade Organization ruled Wednesday that China violated its trade agreements when it placed tariffs on U.S. exports in retaliation for steel and aluminum duties imposed by the Trump administration in 2018. A WTO panel said former President Donald Trump acted in the legitimate security interests of the United States when he […]
Lobito Corridor a regional game changer
After years of delays and false starts, the game-changing Lobito Corridor is due to come back on track – thanks, in part, to the West’s new love affair with electric vehicles. Copper, cobalt, lithium and other strategic mineral assets in the Democratic Republic of Congo and Zambia are in growing demand, and sending them via […]
Shandong Port Group unveils expansion plans
Shandong province, an economic power in East China, aims to accelerate efforts to build a world-class port cluster within the province. “Currently, a coastal port cluster has formed in Shandong, with Qingdao Port as the leader and Rizhao Port and Yantai Port as the backbone. Weihai Port, Dongying Port, Weifang Port, Binzhou Port, and other […]
Smarter rail shipping: 3 key areas to drive efficiencies
As a shipper expected to improve efficiency, delivery reliability and conserve costs, optimizing your rail operations is critical. Without the right management strategies, shippers can incur hundreds of thousands of dollars in fees, missed deliveries, stopped production and more. There are three often underleveraged rail optimization opportunities: inbound empty visibility, estimated time(s) of arrival (ETAs) […]
Brics summit to decide on new memberships
Countries wishing to become members of Brics should have their answer this week when the 15th Brics summit concludes in Johannesburg on Thursday. At present the bloc represents Brazil, Russia, India, China and South Africa. Ambassador at Large: Asia and Brics at the Department of International Relations and Cooperation, Professor Anil Sooklal, said the way forward […]
