Keywords: Logistics


Uber agrees €12.7 billion acquisition of Delivery Hero to strengthen global delivery business

Uber has reached an agreement to acquire German food delivery company Delivery Hero in a deal valued at approximately €12.7 billion, marking one of the largest transactions in the global on-demand delivery industry. The acquisition is expected to expand Uber's international presence in food......

Sultan Ahmed Bin Sulayem takes control of Malaysia’s MMC Port amid leadership reshuffle

Sultan Ahmed Bin Sulayem, the former chairman and chief executive of global logistics company DP World, has assumed direct control of Malaysia’s MMC Port Holdings following a major leadership change at the company, according to an internal memorandum reviewed by Reuters. The move places Bin Sulayem,......

Strait of Hormuz tensions highlight the strategic importance of the Strait of Gibraltar

Rising tensions around the Strait of Hormuz are drawing renewed attention to the strategic importance of the Strait of Gibraltar, reinforcing Morocco's role as a key gateway for global maritime trade and international logistics. The Strait of Hormuz remains one of the world's most critical energy......

Europe faces growing jet fuel supply concerns amid Strait of Hormuz tensions

European aviation markets are facing increasing concerns over potential jet fuel shortages as geopolitical tensions in the Middle East raise uncertainty about shipping through the Strait of Hormuz, one of the world's most important energy trade routes. Industry estimates suggest that Europe could......

Air Canada reaches tentative four-year agreement with IAMAW union workers

Air Canada has reached a tentative collective agreement with the union representing thousands of employees across its technical operations, airport services, cargo and logistics divisions, marking a step toward greater labour stability at the country’s largest airline. The proposed four-year deal......

Morocco's ports enter a new era as logistics strategy shifts toward industrial value creation

For nearly two decades, Morocco has invested heavily in world-class port infrastructure to position itself as a leading logistics gateway between Europe, Africa and the Americas. Today, the Kingdom is entering a new phase of its maritime strategy—one that places industrial transformation, innovation......

Morocco secures €205 million African Development Bank loan to expand high-speed rail network

Morocco is strengthening its railway ambitions with a €205 million financing agreement from the African Development Bank to support the expansion and modernization of its rail infrastructure network. Approved by the bank’s board of directors during a meeting in Abidjan, the funding will finance......

Daimler Truck reports 8% rise in second-quarter vehicle sales on North American recovery

Daimler Truck recorded an 8% increase in global vehicle sales during the second quarter of the year, supported by a recovery in demand across its North American operations. The commercial vehicle manufacturer reported total sales of 86,707 trucks and buses between April and June, up from 80,607 units......

Morocco and China reshape the balance of power around the Strait of Gibraltar

The Strait of Gibraltar is emerging as one of the world's most strategically important trade corridors, with Morocco strengthening its position as a leading logistics hub while China expands its economic footprint through infrastructure and industrial investments. These developments are reshaping......