Pontus Fredriksson has been named the next Group President of GAC Group, a global shipping, logistics, and marine services supplier, beginning in January 2023. In addition to Björn Engblom, who has served as Executive Chairman of GAC for many years, Bengt Ekstrand will assume the post of Executive Co-Chairman. Ekstrand’s term began amid growing violent crises in the Middle East and economic unrest in the Eurozone. Oil prices, which had been stagnant, will eventually fall to less than USD 45 per barrel. Ekstrand began a comprehensive reform effort inside GAC known as Delta21 during that unsettling time. The Group became…
Author: Vibha Mehta
Jumbo Logistics is a prominent 3PL service provider in the Middle East. Jumbo Group provides a wide range of services, including warehousing, imports, clearing and forwarding, Last Mile Delivery, and Reverse Logistics. Here is everything you need to know about Jumbo Logistics, a division of Jumbo Group… 1. Tell us about your services and how they appeal to various brands or industries Jumbo Group’s flagship company, Jumbo Electronics Co. Ltd. LLC, is widely credited with introducing consumer electronics to the UAE market through a 1975 partnership with Sony. Jumbo Logistics, a division of Jumbo Electronics, arose due to the retailer’s…
Praga has relocated to the United Arab Emirates for the car’s first public displays, beginning with a lavish launch event staged on Saturday night at The Space in Dubai, three weeks after introducing the new road-legal Bohema hypercar. The lightweight, track-focused, and road-legal Bohema was presented in front of members of the UAE Royal families, hypercar collectors, and supercar aficionados against the appropriate background of one of the UAE’s most significant hypercar collections. Mark Harrison, Sales and Marketing Director and CEO of Praga Cars UK, said, “It’s a very significant moment in Praga’s 115-year history. I have enjoyed working in…
This past year, on 8th December 2022, Byrne Equipment Rental held a successful product open day at their depot in Oman, located just outside Muscat in Barka. Since its inception in 2009, the Oman branch of Byrne Equipment Rental has gone from strength to strength, from a small team of 5 to a skilled team of 40, with two depot locations, and an extensive fleet of over 600 items of equipment, with the ability to extend this via their Byrne network which has a fleet of over 14,000 items of equipment, located in 20 operational depots and offices spread across…
Swisslog, one of the global leaders in robotic, data-driven, and flexible automated solutions, participated in Gulfood Manufacturing 2022 – which was hosted in November 2022. The trade fair is the region’s definitive destination to see the future of food production, from advanced technologies to integrated supply chain solutions and ground-breaking innovations propelling the industry ahead. Highlighting its presence, Swisslog Middle East notably focused on cutting-edge technology solutions that might assist businesses in adapting to changes in manufacturing, distribution, and retailing as well as the automation of the food supply chain. Additionally, the attendees were also assisted by Swisslog’s automation specialists…
With its platform enabling delivery-bound enterprises to easily outsource logistics at the last mile, Yango Delivery has made its debut in the United Arab Emirates. With a history in maptech, the business states that it can provide delivery for every sort of items, from food to furniture, at varied speeds from express to next day that are both cost-effective and traffic-proof. The firm offers equally high-quality last-mile services to both small enterprises and larger corporations, giving customers a simplified experience and corporations an infrastructure that would assist their expansion into new markets and operational scalability. Express (within an hour), same-day,…
Leading SaaS-based smart logistics management firm Shipsy has announced the purchase of its first ESOP. All current Shipsy full-time staff members who have worked there for at least a year were eligible for the repurchase. Early-stage investors in Shipsy have already recognized the substantial value of the company’s secondary and buyback transactions over the course of the previous 1.5 years. Shipsy is growing at a 2.5x YoY pace. Last year, it had a recurring revenue growth of over 100% and a 75% increase in its client base. The SaaS firm is quickly growing its staff base and bringing in top…
Landmark Group has reached a milestone and influenced the retail industry in the region since its inception in 1973. From the inauguration of their first shop in Bahrain to the debut of other brands across the Middle East, Landmark Group has established a set definition. However, a company’s supply chain, operations, and logistics are critical to any success – making it crucial for a company with over 2000 stores of various brands worldwide. Here, Ashish Sood, Chief Supply Chain Officer of Landmark Retail, who has extensive industry expertise and shares his perspective on retail logistics, crucial challenges tackled, an adaptation…
UD Trucks has established a partnership with the Arabian Ocean Rowing Team in advance of the team’s 5,000-kilometer row from La Gomera to Antigua in the Caribbean across the Atlantic Ocean. The row, a component of the UNEP’s “Clean Seas” project, aims to increase public awareness of environmental sustainability and plastic litter. The UAE-based crew will set off on their adventure on Monday, December 16th, 2022, to be the first vessel from the area to row across the Atlantic Ocean without assistance. As a part of the company’s corporate social responsibility initiatives, which promote innovation and focus on sustainable…
Pharma.Aero is a global cross-industry collaboration platform for LifeScience and MedTech companies, certified cargo communities, airport operators, and other air cargo market players. The association encourages collaboration through projects that address air transportation issues, the challenges faced by the Life Science and MedTech sectors, and the challenges faced by LifeScience and MedTech sectors. Recently, Abu Dhabi Airports partnered with Pharma.Aero. The collaboration builds on Abu Dhabi’s growth as a global healthcare and life sciences hub, as well as the success of the HOPE Consortium, an Abu Dhabi-led public-private partnership, determined to work together to overcome vaccine distribution and logistics challenges.…