DP World handled 58.4 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 9M2021, with gross container volumes increasing by 11.9 percent year-on-year on a reported basis and up 11.4 percent on a like-for-like basis.
On a 3Q2021 basis, DP World handled 19.8 million TEU, up 8.1 percent year-on-year and up 7.9 percent on a like-for-like basis.
3Q2021 gross volume growth was mainly driven by Asia Pacific, India, Middle East & Africa and Australia with a strong performance from Qingdao (China), Mumbai (India) and Sokhna (Egypt). Jebel Ali (UAE) handled 3.4 million TEU in 3Q2021, up 0.6 percent year-on-year.
At a consolidated level, our terminals handled 11.4 million TEU during 3Q2021, increasing 7.6 percent on a reported basis and 7.2 percent year-on-year on a like-for-like basis.
The contentious container excess dwell fee is well and truly on across the Ports of Los Angeles and Long Beach.Under the 90-day policy, the port will change oean carriera for each import container in two categories: if containers are to be moved by truck, carriers will be charged for every container dwelling nine days or more.
For containers moving by rail, carriers will be charged if a container has dwelled for six days or more.The ports will charge carriers $100 per container, increasing in $100 increments per container per day until the container leaves the terminal.
Kenyan company Sendy, an on-demand platform that connects clients to drivers and vehicles for goods delivery, has raised a $20 million Series B led by Atlantica Ventures.
Toyota Tsusho Corporation, a trade and investment arm of Japanese automotive company Toyota, also joined the round.Sendy’s raise comes within six months after Kobo360 raised $20 million Series A backed by Goldman Sachs.
In November, Lori Systems hauled in $30 million supported by Chinese investors.Those companies have plotted Africa expansions into each other’s markets and broader Africa.
With its latest round, Sendy ups its competitive stance in the continent’s startup logistics space.
The company plans to expand to West Africa in 2020, CEO Mesh Alloys told TechCrunch.
Kuehne+Nagel Group, one of the world's leading logistics companies based in Switzerland, reported a 78 percent increase in air logistics turnover to CHF 6.6 billion for the first nine months of 2021 from CHF 3.7 billion during the corresponding period of 2020 on strong volume growth.Air freight volumes during the first nine months of 2021 were around 50 percent higher than in the same period of the previous year at 1.6 million tonnes of which around 20 percent is attributable to the acquisition of the Chinese air freight forwarder Apex, Kuehne Nagel said.“With strong volume growth, air logistics once again posted market share gains in the third quarter of 2021,” the statement said.
“Globally limited cargo capacities required tailor-made customer solutions.
Services for pharma and essential goods as well as e-commerce continued to be in high demand.”
When talking about international trade, freight forwarders came up as a strong pillar for the industry's success.
Without the streamlined logistics services provided by freight forwarders in Dubai, it would be impossible to make the country become the top in global trade practices.When we look at the roles and responsibilities of freight forwarding companies, it includes all the efforts needed to transport the goods from one place to another.
These include packaging, consolidating, container space handling, customs clearance, warehousing, delivery, and all the efforts needed to make the goods reach the final destination.When we talk about the purpose of a freight forwarding company in Dubai, then the list is very long.
From small to large, there are various kinds of freight forwarding company in Dubai that are serving the needs of businesses to a great extent.
If you look for a multimodal logistics company to make your shipping process more straightforward, then SLR shipping services LLC is one of the top choices for transporting goods across the globe.PaperworkTransporting your goods comes up with significant responsibilities and lots of paperwork.
Most businesses fear paperwork when it comes to moving their goods across the world.
