Sharjah-based Gulftainer is expected to record a volume increase of 30 percent in 2013. The group is continuing to expand its global footprint, with the June takeover of the Gulf Stevedoring Contracting Company (GSCCO) in Saudi Arabia acting as the major driver.
Logistics complexity - in the form of fragmented channels, increased product variations, and consumer demand for customized solutions - has been increasing, according to a global study published by BVL International, a worldwide supply chain and logistics membership organization.
London Heathrow is the most expensive logistics location in the world, according to a new report by DTZ. The property solutions firm's Global Occupancy Costs Logistics 2013 report reveals that renting a logistics facility around the London airport will cost $313 per square meter a year.
A delegation from Dubai World Central (DWC) recently concluded a roadshow in the U.S. that aimed to open discussions with key industry players and initiate the creation of an integrated maintenance, repair and overhaul (MRO) services supply chain in DWC's Aviation District.
Saudi Logistics, a subsidiary of Banaja Holdings, has rebranded itself as Tranzone, it announced this week. Saudi Logistics is an exclusive logistics company for the healthcare industry in the Kingdom of Saudi Arabia, but management wants to leverage the reputation of the company's sister entity, UAE-based Tranzone, in a bid for regional expansion.