The logistics and supply chain startup Trukkin has secured an investment round of SAR26 million (USD7 mn) for its Series A round. The financing was led by Saudi based Emkan Capital with the participation from Impact46 Seed Fund, Taya Group, and other strategic investors. Founded in 2017 by former Barclay’s banker Janardan Dalmia, Trukkin is an aggregator that digitises the process of matching shippers with truckers to bring about transparency, reliability, and efficiency to the logistics industry. Trukkin also works towards building fintech solutions for payments, insurance, and financial services. These solutions lay the groundwork for more financial inclusion for…
Author: Jochebed Menon
Al Faris Group recently took delivery of two Mercedes-Benz Arocs 4058 AS 6×6 SLT vehicles from Emirates Motor Company, we find out what makes these robust heavy-duty tractor units valuable assets Driven by Mercedes-Benz Trucks’ most powerful engine: the six-cylinder in-line OM 473 engine with 15.6 l displacement with an output of 578 hp (425 kW), offering torque of 2,800 Nm in Euro 5 emission norm, the Arocs SLT is a force to be reckoned with. Precisely what heavy lifting, heavy transport and energy solutions company Al Faris Group was looking for. Kieve Pinto, Executive Director of Al Faris Group…
dnata has partnered with Kale Logistics Solutions to develop a next-generation eCommerce platform for the cargo community in the UAE. The partnership will see the two companies take dnata’s existing platform, CALOGI to a new level to provide best-in-class, one-stop services, including appointment and customs services management, to customers through advanced digital solutions. Bernd Leo Struck, dnata’s Senior Vice President for UAE Cargo and DWC Airline Services, said: “We constantly invest in digital solutions to improve customer experience and deliver world-class value for our partners. “Our new eCommerce platform will help our supply chain partners and customers in Dubai optimise…
Emirates SkyCargo is building an extension to its fully automated cool room with 94 airline pallet positions at its EU GDP certified dedicated pharma facility at Dubai International Airport. The extended cool room will provide an additional 2,600 sqm of temperature-controlled setting (2-25 degrees Celsius) for the storage and handling of vaccines and other pharma at Emirates SkyCargo’s purpose-built GDP certified facility. This reinforces the carrier’s position as an industry leader for the air transportation of pharmaceuticals and providing additional capacity at its Dubai hub to meet the growing demand for transportation of COVID-19 vaccines. The new extension can hold…
Financial institution Abu Dhabi Islamic Bank (ADIB) partnered with Visa to introduce the UAE’s first biometric authentication solution for eCommerce transactions. The solution leverages Visa Consumer Authentication Service to deliver a significant improvement in customer experience and reinforced data security. Visa Consumer Authentication Service aims to enhance user experience, as well as mitigate security and fraud risks by replacing traditional verification methods, such as OTP requirements, with biometric authentication using fingerprint and facial biometrics. Once the solution is implemented, ADIB customers can authenticate their eCommerce transaction by using their ADIB Mobile application biometric authentication instead of the conventional OTP that…
The June issue of Logistics News Middle East features the Mercedes-Benz Arocs on the cover and how Al Faris Group is using these robust heavy-duty tractor units to transport 200-tonne overflow tanks. Also, included in this issue is Dr. Shereen Nassar, Global Director of Logistics Studies and the Director of the MSc Logistics and Supply Chain Management Programme – Edinburgh Business School, Heriot-Watt University Dubai, who shares her insights on technological advancements that can benefit the humanitarian logistics supply chain. CEO and Founder of Elli Junior, Elli Kasbi tell us how she’s bringing high-quality, premium, and sustainable baby clothing to…
Michelin in the Africa, India and Middle East region will increase its tyre prices by up to 6% on passenger car, light truck, and motorcycle replacement tyres. It will also hike prices up to 8% on both on- and off-road commercial tyres due to surge of raw material cost, global transportation cost and prevailing market dynamics, it revealed. This increase is effective from 1 July for the Middle East and is applicable to all Michelin Group brands.
World Free Zones Organisation is offering members a platform to share their voice as well as providing assistance and support to thrive in a challenging environment Globalisation continues to the boost the logistics sector as increased production of goods means the increased movement of commodities. The formation of free zones in 1959 at Shannon, Ireland, was created to improve international trade and ease business operations. Over the past few decades, free zones have gained prominence in the world of business, especially in developing countries such as Asia, the Middle East and Africa, there are an estimated 3,000 such zones across…
As part of its endeavours to come up with innovative solutions for developing a futuristic suspended transport network in Dubai, Dubai’s Roads and Transport Authority (RTA) signed a Memorandum of Understanding (MoU) with Chinese suspended railway firm Zhong Tang Sky Railway Group. “The signing of this MoU is part of RTA’s ongoing efforts to increase public transportation trips to 26% by 2030. Realising this objective requires developing advanced futuristic transport systems and improving the sustainable transport network in Dubai to encourage people and visitors to use public transport,” said Abdul Mohsen Ibrahim Younes, CEO of Rail Agency, who signed the…
Renault Trucks has delivered ten K 480 heavy-duty construction models to one of the UAE’s leading construction material transportation companies, Al Jadawel Land Transport. The ten Renault Trucks models are part of a total fleet size of 98, and Al Jadawel Land Transport plans to turn the whole fleet to Renault Trucks by end of next year. The Fujairah-based company will be using the new models, which have been supplied by Renault Trucks’ partner in the UAE, United Diesel, to transport aggregate from the crushers in the Northern Emirates across the country. The Renault Trucks K 480 Tractor Head 6×4…