The shipping container market is expected to grow from approximately $8.7 billion in 2022 to around $16.1 billion by 2032, with a compound annual growth rate (CAGR) of 6.5% during the forecast period from 2023 to 2032 according to Market Research Biz Overview of the Shipping Containers Market The shipping containers market encompasses the global…
● Companies will jointly evaluate how Neste’s renewable solutions may support DHL Group in making its entire logistics chain as sustainable as possible ● Collaboration aims at leveraging renewable diesel and sustainable aviation fuel to decarbonize DHL’s transportation Bonn, February 5, 2025: To further strengthen their collaboration on reducing emissions in logistics, DHL Group and…
The achievements of businesses and individuals working in the supply chain management field will be recognised at this year’s fourth annual Africa Supply Chain Excellence Awards. The organisers have announced that entries for the 2025 awards are open, with 12 prestigious categories in which supply chain specialists can showcase their contributions to supply chain excellence…
Retailers are managing rising return costs with stricter policies and AI-driven reverse logistics. Return shipping comes with substantial economic, environmental, and logistical challenges. As e-commerce continues to expand, so does the frequency of product returns, significantly impacting retailers and supply chains worldwide. India Leads in Online Returns According to Statista Consumer Insights, India has the…
Access Bank PLC is set to host its first-ever Africa Trade Conference (ATC), a transformative event aimed at reshaping Africa’s economic future. Scheduled for March 12 in Cape Town, South Africa, the conference will bring together top trade, finance, and policy leaders under the theme: “Empowering Africa Through Trade, Innovation, and Sustainable Growth.” With Africa’s…
According to Afreximbank, Prosper Africa and African Export-Import Bank (Afreximbank) have signed a new Memorandum of Understanding (MoU) to boost trade and investment between the United States and Africa in key sectors. This strategic partnership aims to leverage the unique strengths of both organisations to mobilise trade opportunities and investment capital, focusing on creative industries,…
Africa’s most populous country continues to battle inflation as government economic reforms impact the manufacturing sector. Nigeria’s rising inflation rate continues to weaken household purchasing power, making many essential and non-essential goods out of reach for a significant portion of the population. This trend has resulted in a 12.9% increase in the inventory of unsold…
According to Emirates Sky Cargo, Throughout 2024, the demand for its specialist product portfolio, extensive global network and all-widebody fleet continued to grow exponentially, with no signs of slowing down. To meet the burgeoning global demand, the airline has wet-leased two additional Boeing 747 freighters, starting 2025 with a 15% increase in critical main deck…
The supply chain industry body, SAPICS, has officially announced the appointment of Thato Moloi as its new president. With nearly three years of service on the SAPICS board of directors, Moloi brings a wealth of experience and a deep understanding of the organization’s mission and goals to his new leadership role. Moloi succeeds MJ Schoemaker,…
The “America First” trade policy promises revitalisation with stable supply chains and robust economic growth. The United States President Donald Trump has returned to office. Still, instead of immediately imposing new tariffs as many expected, he has directed federal agencies to review trade relationships with China, Canada, and Mexico. This move diverges from the day-one…
The supply chain event will take place in Cape Town, South Africa, from 8 to 11 June 2025. Organiser and leading industry body SAPICS has announced that this year’s conference features an exciting addition that makes it a must-attend event for all supply chain practitioners at all levels and for anyone working with the supply…
The 250-acre dry port and logistics zone will enhance supply chain efficiency. Egypt’s Port Authority has signed a significant agreement with Swiss company Medlog for the financing, design, construction, operation, and maintenance of the 10th of Ramadan City Dry Port and Logistics Zone. According to Daily News Egypt, the project will span two zones: 130…
The additions include a major supplier of critical minerals and one of the largest textile manufacturers globally. The U.S. Department of Homeland Security (DHS) has banned imports from 37 companies linked to forced labor practices in the People’s Republic of China (PRC). The 37 companies identified by DHS have been added to the Uyghur Forced…
The acquisition enhances DHL’s capacity to address rising e-commerce demands and streamline return processes for retailers. DHL Supply Chain has announced its acquisition of Inmar Supply Chain Solutions, a leading reverse logistics provider for the e-commerce and retail industries. This strategic move positions DHL as the largest returns processor in North America, addressing the increasing…
The State of Libya has officially acceded to African Export-Import Bank (Afreximbank) Establishment Agreement, becoming the 53rd nation to become a member / participating state and marking an important step towards full continental coverage and advancement of the continental integration agenda through trade and investments. The accession document, signed by His Excellency Dr. Khaled Al-Mabrouk Abdullah,…
The United States imports for November totalled 2.72 million TEUs (Twenty-Foot Equivalent Units), representing a significant 12.3% increase compared to last year. This marks the 15th consecutive month of annual growth in U.S.-bound imports, reflecting the continued strength in demand despite economic uncertainties. Still, when compared sequentially to October, imports experienced a slight dip of…
The loan aims to enhance the efficiency of the Cameroon-Chad Transport Links. The African Development Bank Group’s Board of Directors has approved two loans for Cameroon totalling $342.92 million. These funds are designated to significantly improve transport infrastructure along the Douala-N’Djamena trade route, fostering enhanced connectivity with neighbouring Chad. This development is expected to deliver…
The highly anticipated Nigerian Supply Chain Summit, organised by Pentland Energy Limited, took place on November 8, 2024, and was an unforgettable event. Delegates from various professional bodies, businesses, and government agencies gathered to discuss critical issues. The theme of the summit, “Leading Nigeria’s Supply Chain Transformation,” resonated throughout the fully packed hall at the…
As U.S. President-elect Donald Trump prepares to take office again in 2025, his promise to introduce new tariffs sends ripples through global markets. Businesses across the world, including those in Africa, are bracing for what could be another wave of disruption to international trade. While the specifics of the tariffs remain unclear, supply chain stakeholders…
Driving Faster Deliveries, Broader Product Selection, and Rapid E-commerce Growth in Ghana. Jumia Technologies AG (JMIA), Africa’s leading e-commerce platform, recently launched a state-of-the-art integrated warehouse and logistics facility in Tema, Ghana. This milestone represents a significant investment in Ghana’s e-commerce ecosystem and reinforces Jumia’s dedication to providing outstanding customer experiences. The expansion aligns with…
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