Industrial rents in Dubai and Abu Dhabi continue to recover as demand for warehousing surges across the UAE, according to the Spring 2022 Dubai & Abu Dhabi Industrial Markets Review report by global real estate consultancy, Knight Frank’s. Average warehousing lease rates continue to recover rapidly across Dubai, with grade A rents in Al Quoz experiencing the sharpest increase both on a quarterly and annual basis. Of the nine industrial submarkets Knight Frank tracks in Dubai, all but two have experienced rental increases so far in 2022; only Grade B rents in JAFZA (Dhs16 psf) and National Industries Park (Dhs25…
Author: Jochebed Menon
The logistics and transport sector are one of the largest contributors to carbon emissions on the planet. Are sustainable fuels, stricter emission standards, green infrastructure and fleet sharing the answers? What more can we do to lessen our carbon footprint? The Logistics News ME Forum was held on 29 March at Sofitel Dubai The Palm. “Transport emission have grown faster than those of any other sector over the past 50 years. And demand will continue to grow in the coming decades. There has been growing pressure from all stakeholders, both internally and externally to make positive and meaningful changes within…
Etihad Cargo has appointed Accelerated, Inc. and Jet Airways of the US, Inc. as its road feeder service (RFS) providers for customers in US territories. Etihad Cargo will utilise the combined expertise of the third-party trucking logistics providers to offer its partners seamless road connectivity, further enhancing the UAE national carrier’s operations in the United States and beyond. Etihad Cargo’s partnership with Accelerated and Jet Airways will expand the carrier’s capabilities in the USA and will enable Etihad Cargo’s customers to benefit from various logistics solutions, including dedicated capacity and 24-hour personalised customer service, ensuring Etihad Cargo can continue to…
Aramex has partnered with geolocation technology provider what3words to further improve last mile delivery process through advanced and more accurate addressing system. As part of the company’s plans to further improve the efficiency of its last mile delivery, Aramex has integrated what3words into its retail application programming interface (API) platform. The integration enables regional e-commerce businesses to give their customers the option to have their packages accurately delivered to any what3words address across the region. It’s simple for retailers to add a what3words address field to checkout pages, allowing it to be passed on to Aramex couriers. The integration supports…
While the pandemic was a catalyst that rattled the supply chain sector, experts are of the opinion that this was trouble in the making. Numerous factors contribute to this problem. But the shipping network shows no respite – supply chains continue to find itself in a logistics knot, ports face a never-seen-before congestion and shipping rates are yet to fall. What is the solution? The Logistics Forum held on 29 March at Sofitel Dubai The Palm answered these questions. “Logistics and supply chain disruption is caused by factors internal and external to the supply chain. The trend towards globalisation augmented…
AD Ports Group announced that its feeder service, SAFEEN Feeders, signed a long-term trade facilitation and shipping agreement with Saif Powertec Limited, a listed firm in Bangladesh that is active in ports, logistics, civil engineering, and power sectors. Under the terms of the agreement, the two companies will work closely together to facilitate trade and cargo services from Fujairah to Bangladesh over a period of 15 years. As part of the collaboration, SAFEEN Feeders is expected to provide eight Supramax bulk carriers with 55,000 Deadweight Tonnage (DWT) capacity to Saif Powertec. In addition to facilitating the movement of general cargo…
Warehousing has progressed in the past few years by becoming more purposeful, sophisticated, accessible, and automated. And it will continue to further evolve to suit our requirements as technology advances. Warehouses are no longer just storage rooms; they offer multiple suites of functions to accommodate the various needs of the user. The Logistics News ME Forum was held on 29 March 2022, at Sofitel Dubai The Palm. “Warehouse automation has evolved in the past few years by becoming more strategic and necessary. Automating the warehouse is now a simple process and automated warehouses are environment friendly and sustainable. A word…
The logistics sector is undergoing a transformation with technology playing crucial role. We look at how various technologies – blockchain, artificial intelligence, machine learning, big data & data analytics, automated solutions – are reshaping the industry to make it leaner and efficient. The Logistics News ME Forum was held on 29 March 2022, at Sofitel Dubai The Palm. “The Logistics Forum at the Sofitel Dubai The Palm was an informative session. Participating and listening to other innovative, tech-driven organisations on how innovation is driving logistics forward was very insightful. “Each panel member brought their own thoughts to the table and…
Intel Corporation announced plans to further reduce its direct and indirect greenhouse gas emissions and develop more sustainable technology solutions. The company pledged to achieve net-zero greenhouse gas emissions in its global operations by 2040, to increase the energy efficiency and lower the carbon footprint of Intel products and platforms with specific goals, and to work with customers and industry partners to create solutions that lower the greenhouse gas footprint of the entire technology ecosystem. “The impact of climate change is an urgent global threat. Protecting our planet demands immediate action and fresh thinking about how the world operates. As…
The International Air Transport Association (IATA) released data for global air cargo markets showing that demand increased in February despite a challenging operating backdrop. Several factors benefitted air cargo in February compared to January. On the demand side, manufacturing activity ramped-up quickly after the early February Lunar New Year holiday. Capacity was positively influenced by the general and progressive relaxation of COVID-19 travel restrictions, reduced flight cancellations due to Omicron-related factors (outside of Asia), and fewer winter weather operational disruptions. Global demand, measured in cargo tonne-kilometers (CTKs*), was up 2.9% compared to February 2021 (2.5% for international operations). Adjusting the…