The three-day strike across U.S. East Coast ports was called off after a tentative agreement was reached between the International Longshoremen’s Association (#ILA) and the United States Maritime Alliance (#USMX). 👉 𝐓𝐨 𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞: https://lnkd.in/dTZZWhwu Biden for President, #USEastCoastPorts #ILAStrike #USMX #WageHike #PortOperations #TentativeDeal
Logistics Update Africa
Media Production
Mumbai, Maharashtra 29,011 followers
Logistics Update Africa (LUA) is a bi monthly trade magazine that brings the most credible news, views & stories
About us
Logistics Update Africa (LUA) is a bi monthly trade magazine that brings the most credible news, views and stories of and from Africa about the continent’s vibrant and evolving transport and logistics industries. Launched in 2011 by the STAT Media Group, LUA endeavors to bring to its readers stories of in-depth research and extensive industry viewpoints to keep you up to speed with one of world’s most promising continent of opportunities for trade and commerce.
- Website
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https://www.logupdateafrica.com/
External link for Logistics Update Africa
- Industry
- Media Production
- Company size
- 51-200 employees
- Headquarters
- Mumbai, Maharashtra
- Type
- Privately Held
- Specialties
- Logistics, transport, shipping, trucking, road, aviation, air cargo, supply chain, warehousing, fulfillment, and last mile delivery
Locations
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Primary
Mumbai, Maharashtra 410614, IN
Employees at Logistics Update Africa
Updates
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Ninth straight month of double-digit growth for global #aircargo market, demand up 11.4%, capacity up 6.2%. “We continue to see very good news in air cargo markets," says Willie Walsh, Director General, International Air Transport Association (IATA). 👉 𝐓𝐨 𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞: https://lnkd.in/d448Pi67 #CargoDemand #CTKs #EcommerceBoom #GlobalTrade #AirFreight #IATA
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📢 #HighlightsofThisWeek 👇 ◾ UAE's International Resources Holding join hands with SA's Public Investment Corporation to improve mining logistics ◾ FedEx showcases tailored logistics solutions at Africa aerospace show ◾ ARISE IIP raises $443 million from African Export-Import Bank (Afreximbank), Africa Finance Corporation ◾ United Cargo delivers lifesaving colposcopes to Ghana ◾ #EthiopianForwarders to host 2027 FIATA World Congress in Addis Ababa Gagan Gupta | Samaila Zubairu | Kabelo K Rikhotso, CFA® | Dawit Woubishet | John Karlquist | Jan Krems Fund for Export Development in Africa (FEDA) | Ethiopian Freight Forwarders and Shipping Agents Association (EFFSAA) | FIATA International Federation of Freight Forwarders Associations | Kuehne Nagel #newsletter #weeklydigest #topnews #weeklynews #weeklynewsletter #newsletteralert #currentevents #headlines #weeklyrecap #newsreview #weeklyhighlights #october2024 #ThankYouEveryone #thankyou
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The funding includes a $300 million investment from African Export-Import Bank (Afreximbank)’s development impact investment arm, The Fund for Export Development in Africa (FEDA), securing a significant stake in ARISE IIP. The pan-African developer and operator of industrial parks #ARISEIIP has announced a capital raise of $443 million. 👉 𝐓𝐨 𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞: https://lnkd.in/erfCiFCf Gagan Gupta | Samaila Zubairu | Africa Finance Corporation #Afreximbank #AFC #Funding #Investment #FEDA #AfricaInvestment #PrivateSectorInvestment #SustainableDevelopment #AfricaFinance #PublicPrivatePartnership
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The collaboration targets an increase in #export capacity by addressing critical bottlenecks in key mining corridors leading to the Richards Bay, Saldanha, and Durban ports. 𝐀𝐥𝐢 𝐑𝐚𝐬𝐡𝐝𝐢, CEO of International Resources Holding commented: “We are delighted to announce this partnership with the PIC on this breakthrough agreement, which will see both parties work together to unlock value across the mining sector and accelerate new sustainable energy initiatives. This MoU represents a step forward in realising South Africa’s full economic potential and addressing the current energy and logistics challenges the country is facing. With a business model centred on leveraging cutting-edge technologies and artificial intelligence throughout upstream, midstream, and downstream processes, we are able to address critical industry challenges and are dedicated to creating substantial in-country value for the communities, companies, and nations with which we partner.” 👉 𝐓𝐨 𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞: https://lnkd.in/ebJXTG4Q Kabelo K Rikhotso, CFA®| Public Investment Corporation #MiningLogistics #UAE #SouthAfrica #IRH #PIC #RichardsBayPort #SaldanhaPort #DurbanPort #GreenEnergy #TransportLogistics #InternationalCollaboration #NaturalResources
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#USMX says talks cannot happen on pre-conditions even as 𝐁𝐢𝐝𝐞𝐧 backs workers; all eyes on how long the strike will last. With the strike by the International Longshoremen's Association (ILA) at the U.S. East Ports continuing and with the on-going speculation as to how long this might last dominating many headlines, Sea-Intelligence analyses the impact that the length of the strike will have on the global fleet and the weekly capacity in TEU terms. 👉 𝐓𝐨 𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞: https://lnkd.in/e5pCNNiK Niels Rasmussen | BIMCO | Sea-Intelligence #PortStrike2024 #USPortStrike #GlobalShipping #LogisticsDisruption #ILAstrike #SeaIntelligence #BidenBacksWorkers #Shipping
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𝐁𝐢𝐝𝐞𝐧 𝐛𝐚𝐜𝐤𝐬 𝐩𝐨𝐫𝐭 𝐰𝐨𝐫𝐤𝐞𝐫𝐬, 𝐚𝐬𝐤𝐬 𝐜𝐚𝐫𝐫𝐢𝐞𝐫𝐬 𝐭𝐨 𝐩𝐫𝐞𝐬𝐞𝐧𝐭 "𝐟𝐚𝐢𝐫 𝐨𝐟𝐟𝐞𝐫" “Collective bargaining is the best way for #workers to get the pay and benefits they deserve.” 𝐉𝐨𝐞 𝐁𝐢𝐝𝐞𝐧 said: "Ocean carriers have made record profits since the pandemic and in some cases profits grew in excess of 800 percent compared to their profits prior to the pandemic. Executive compensation has grown in line with those profits and profits have been returned to shareholders at record rates. It’s only fair that workers, who put themselves at risk during the pandemic to keep ports open, see a meaningful increase in their wages as well." 👉 𝐓𝐨 𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞: https://lnkd.in/d5rvT2rh Biden for President | Peter Sand | Christian Roeloffs | Judah Levine | Dan Morgan-Evans | Xeneta | Container xChange | Freightos | Air Charter Service | #BidenStatement #FairWagesNow #LongshoremenRights #USMXvsILA
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The Ethiopian Freight Forwarders and Shipping Agents Association (EFFSAA) has been selected to host the 2027 FIATA International FIATA International Federation of Freight Forwarders Associations (FIATA) World Congress. "This is not only a source of immense pride for Ethiopia but for Africa as a whole," says Dawit Woubishet, President, #EFFSAA. "We are honoured and thrilled to have been given this extraordinary opportunity to host such a globally recognised event. The 2027 FIATA World Congress will be held in Addis Ababa, a city known for its rich culture, dynamic growth and pivotal role in regional and international diplomacy." 👉 𝐓𝐨 𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞: https://lnkd.in/dHEC2yfE #FIATA2027 #FIATAWorldCongress #AddisAbaba2027 #FIATAinEthiopia #EthiopianForwarders
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Logistics Update Africa reposted this
Can #Rwanda become the logistics hub for central & east Africa? Experts say yes! But how? You see, being a small country landlocked with a population of just 13 million people, Rwanda has many limitations. For instance, take a look at its #geography. Famously known as the "Land of a Thousand Hills," it is situated in the #GreatRiftValley of East Africa. Rather wrong geography to build a logistics hub. Second, Rwanda depends heavily on #Tanzania and #Kenya for ocean freight access. It moves the majority of its goods to ports in #DaresSalaam and #Mombasa. Not in an ideal position to make itself a logistics hub. How about the road infra? “Rwanda has a very good road network but it is not enough. It doesn't get deep into the villages," says Blair Robert A. of the Association of Cross Border Traders Rwanda. The lack of infra contributes significantly to its high #logisticscosts. Not a good starting point. There are other challenges as well. Political instability in the region, lack of #coldchain infra for its growing perishable exports and many more. Despite all the odds, Rwanda is dreaming big and planning ahead. As Rwanda’s Minister of Trade and Industry Prudence SEBAHIZI recently said, "We focus on improving the business environment for big companies so that they come, establish and make our country a production and distribution hub for the rest of the continent." And this is not just a vision! Be it the fish from Lake Tanganyika of #Burundi or minerals crossing via the Bukavu border of #DRC or the fresh-cut flowers from western Uganda, Rwanda is already becoming the hub. Want to know more? I recently wrote a Country Report on Rwanda for the Sept-Oct 2024 edition of our African publication Logistics Update Africa . I also had the privilege of speaking to Izabayo Myriam (MCILT), the Customer Relationship Manager of Africa Global Logistics (AGL) in Rwanda and Nicodemus N., Chairman & Chief Executive Officer of G5 LOGISTICS GROUP LTD Do you agree with the conclusion? Do you have something to add? Let me know what you think!
Landlocked to linked: Rwanda's bid to connect central Africa
logupdateafrica.com
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Logistics Update Africa reposted this
How Shiprocket is Empowering Small Businesses to Thrive in India's eCommerce Boom | Gautam Kapoor, COO In this episode of Leader’s Speak, Gautam Kapoor, COO of Shiprocket, shares how Shiprocket is empowering small and medium-sized businesses, including kirana stores, to thrive in India’s rapidly expanding eCommerce economy. Gautam discusses how Shiprocket Quick enables these businesses to reach new customers and deliver orders same-day, ensuring convenience for both sellers and buyers. Learn how Shiprocket’s logistics solutions are helping small businesses maintain customer loyalty and continue serving their communities without the need for physical store visits. Watch now to discover how Shiprocket is revolutionizing eCommerce for MSMEs! https://lnkd.in/deuzVFbS Jajabor Brand Consultancy | Tanya Arora | Uditi Bhatla | Priyo Patra | Renju Raju | Reji John | Libin Chacko Kurian | Jyothi Shankaran | Sukhadaa Dhopeshwarkar | Parijat Sourabh/Jha | Rajarshi Chatterjee | Arbind Patel | Asawari Tongaonkar | Abhinav Jadhav #Shiprocket #eCommerce #kiranastores #logistics #eCommerceeconomy