DP World to invest USD 3 billion for global expansion as Middle East disruption hits profit
The company has reported a 39% fall in first-half net profit to USD 585 million, even as revenue increased 13.1%...
DP World expands UK logistics network with GXO grocery warehouse takeover
The deal covers five facilities in England and one in Northern Ireland that serve some of the largest British supermarket...
CMA CGM to buy FedEx Supply Chain for USD 1.4 billion, tripling Its US warehousing reach
The purchase is a big deal for CMA CGM's subsidiary CEVA Logistics, which handles warehousing, distribution and order fulfilment for...
Hormuz Plus One: Gulf Rewires trade around its riskiest chokepoint
In July, Dubai-based DP World added 700 lorries to its regional fleet, a move that will support up to 35,000...
Iran war: DP World boosts truck fleet as Gulf shifts to road freight
DP World's newly added fleet of 700 lorries will add up to 35,000 trips per month, supporting both domestic and...