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	<title>Logistics Archives - International Finance</title>
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	<title>Logistics Archives - International Finance</title>
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	<item>
		<title>All you need to know about Hafeet Rail, envisioned to deepen Oman-UAE ties</title>
		<link>https://internationalfinance.com/logistics/all-you-need-to-know-about-hafeet-rail-envisioned-to-deepen-oman-uae-ties/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=all-you-need-to-know-about-hafeet-rail-envisioned-to-deepen-oman-uae-ties</link>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Fri, 12 Jun 2026 00:02:24 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Logistics]]></category>
		<category><![CDATA[Etihad Rail]]></category>
		<category><![CDATA[Hafeet Rail]]></category>
		<category><![CDATA[Hafeet Rail Company]]></category>
		<category><![CDATA[logistics]]></category>
		<category><![CDATA[Mubadala Investment]]></category>
		<category><![CDATA[Oman]]></category>
		<category><![CDATA[Oman Rail]]></category>
		<category><![CDATA[Sohar Port]]></category>
		<category><![CDATA[UAE]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=56546</guid>

					<description><![CDATA[<p>Sohar Port, a deep-sea port in the Sultanate of Oman, located midway between Muscat and Dubai, will be among the project's primary beneficiaries</p>
<p>The post <a href="https://internationalfinance.com/logistics/all-you-need-to-know-about-hafeet-rail-envisioned-to-deepen-oman-uae-ties/">All you need to know about Hafeet Rail, envisioned to deepen Oman-UAE ties</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Hafeet Rail Company (Hafeet Rail), a joint venture project between Etihad Rail, Oman Rail, and Mubadala Investment, has completed 40% of the total infrastructural work between the Sultanate of Oman and the UAE.</p>
<p>Hafeet Rail covers a distance of 238 kilometers, with the aim of developing a transportation system that will further deepen the economic integration between the two Middle Eastern countries. The project’s key infrastructural components include 2,500-meter-long tunnels, 36 viaducts, 21 over-bridges, 39 underpasses, and 881 culverts.</p>
<p>&#8220;Construction work is continuing at an accelerated pace at several strategic locations along the routes, such as Al Ain, Buraimi, Wadi al Jazi, and Suhar,&#8221; Hafeet Rail Company noted.</p>
<p>Given the fact that the route passes through urban and industrial areas, mountainous terrain, and deep valleys, the venture is deploying specialized engineering solutions, including large-scale excavation and the implementation of large engineering facilities such as bridges and tunnels, in addition to integrated flood protection systems, to ensure the system operates in a safe and sustainable manner.</p>
<p>Apart from connecting more than 12 passenger stations and cities across the two countries, the project will also link five major ports and more than 15 integrated freight facilities. While work has been ongoing in regions like Al Ain, Al Buraimi, Wadi Al Jizzi, and Suhar, significant excavation and backfilling works have been undertaken, totalling approximately 27 million cubic meters, in addition to over 100,000 cubic meters of concrete work.</p>
<p>As per the authorities, the project has achieved over 10 million safe work hours without any serious injuries, reflecting a commitment to safety and quality standards.</p>
<p>&#8220;The project also includes the construction of 60 bridges, some reaching heights of up to 34 meters, along with tunnels totalling approximately 2.5 kilometers in length, all within an infrastructure designed for the efficient transport of heavy goods,&#8221; Hafeet Rail Company said.</p>
<p>Sohar Port, a deep-sea port in the Sultanate of Oman, located midway between Muscat and Dubai, along with its surrounding industrial zone, is expected to be among the project&#8217;s primary beneficiaries.</p>
<p>The rail link will reduce the time required to transport goods to Gulf markets, enhancing the port&#8217;s attractiveness as a regional logistics hub. It is also expected to attract new industrial investments to the Omani regions like Al Buraimi and Suhar and adjacent economic zones, particularly in domains like heavy and light industries and storage and distribution centers.</p>
<p>While the Hafeet Rail project will attract investments to the construction, engineering, and logistics sectors of both Oman and the UAE, it will also support the growth of small and medium-sized enterprises (SMEs) by expanding their participation opportunities in the project’s supply chains and services.</p>
<p>&#8220;The project will also enhance the competitiveness of local products by facilitating import, export, and distribution processes, thereby increasing the competitiveness of Omani companies in regional and global markets,&#8221; Hafeet Rail Company concluded.</p>
<p>The post <a href="https://internationalfinance.com/logistics/all-you-need-to-know-about-hafeet-rail-envisioned-to-deepen-oman-uae-ties/">All you need to know about Hafeet Rail, envisioned to deepen Oman-UAE ties</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Chinese investment in Ain Sokhna Port boosts Egypt&#8217;s logistics hub</title>
		<link>https://internationalfinance.com/logistics/chinese-investment-ain-sokhna-port-boosts-egypts-logistics-hub/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=chinese-investment-ain-sokhna-port-boosts-egypts-logistics-hub</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Thu, 30 Apr 2026 00:04:39 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Logistics]]></category>
		<category><![CDATA[Ain Sokhna Port]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[EGYPT]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[logistics]]></category>
		<category><![CDATA[SCZONE]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=55809</guid>

					<description><![CDATA[<p>The container terminal at Ain Sokhna Port will be developed with an initial investment of USD 400 million and a planned capacity of 2 million containers</p>
<p>The post <a href="https://internationalfinance.com/logistics/chinese-investment-ain-sokhna-port-boosts-egypts-logistics-hub/">Chinese investment in Ain Sokhna Port boosts Egypt&#8217;s logistics hub</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>A Chinese investment of approximately USD 2.4 billion is anticipated for developing a logistics and commercial zone, along with a container terminal at Ain Sokhna Port.</p>
<p>The logistics and commercial zone will cover 3 million sq. metres, similar in size to the city of Yiwu in China, and is being developed with an estimated USD 2 billion.</p>
<p>The container terminal at Ain Sokhna Port will be developed with an initial investment of USD 400 million and a planned capacity of 2 million containers.</p>
<p>Jiangsu Provincial Port Group Co., Ltd. and Shanghai Huanshi Logistics Co., Ltd., will undertake the project, a statement published on the Facebook account of the Egyptian Cabinet Presidency said.</p>
<p>This momentum fits into broader investment activity in the <a href="https://internationalfinance.com/technology/omani-group-set-up-usd-million-data-centre-suez-canal-zone/"><strong>Suez Canal Economic Zone</strong></a>, which announced in December that it would host three new industrial projects with a total investment of USD 1.15 billion, bringing total investments in the zone to USD 5.1 billion in the first six months of the 2025-26 fiscal year.</p>
<p>The newly released statement noted, “At the beginning of the meeting, the deputy prime minister for economic affairs emphasised the Egyptian government’s commitment to strengthening cooperation with China in various economic fields, noting that China is a strategic partner for Egypt.”</p>
<p>Walid Gamal El-Din, chairman of the General Authority for the SCZONE, said that Chinese companies are among the top investors in the SCZONE, and that he is ready to provide all the support required to companies that want to establish new investments in the economic zone.</p>
<p>Counsellor Mohamed El-Homsani, the official spokesman for the Cabinet, said that the meeting discussed several new projects by Chinese companies to be implemented in the Egyptian market, including within the SCZONE, the New Administrative Capital, and other industrial zones. El-Homsani added that the meeting also reviewed the Chinese Hurricane Group’s plan to establish a 100,000 sq. metre industrial zone.</p>
<p>The post <a href="https://internationalfinance.com/logistics/chinese-investment-ain-sokhna-port-boosts-egypts-logistics-hub/">Chinese investment in Ain Sokhna Port boosts Egypt&#8217;s logistics hub</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Vietnam removes domestic maritime fees for three months</title>
		<link>https://internationalfinance.com/logistics/vietnam-removes-domestic-maritime-fees-for-three-months/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=vietnam-removes-domestic-maritime-fees-for-three-months</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Tue, 14 Apr 2026 00:04:34 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Logistics]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[logistics]]></category>
		<category><![CDATA[maritime]]></category>
		<category><![CDATA[Pham Minh Chinh]]></category>
		<category><![CDATA[Transport]]></category>
		<category><![CDATA[Vietnam]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=55541</guid>

					<description><![CDATA[<p>The new policy is expected to provide a solid boost to Vietnam's pursuit of becoming a major logistics hub in Asia and beyond</p>
<p>The post <a href="https://internationalfinance.com/logistics/vietnam-removes-domestic-maritime-fees-for-three-months/">Vietnam removes domestic maritime fees for three months</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Vietnam&#8217;s Ministry of Finance, under Circular No. 40/2026, has mandated exemptions for several charges in the transport and logistics sector, from April 7 through June 30, 2026. The exemptions cover a range of charges, including vessel tonnage fees, maritime safety assurance fees, anchorage and mooring fees in designated water areas, maritime protest fees, and port entry and exit charges.</p>
<p>The policy, which is expected to support transport enterprises in the Southeast Asian country, will also reduce logistics costs, in addition to stimulating economic activity during the implementation period.</p>
<p>&#8220;In addition, inland waterway vessels operating between domestic ports and terminals will also benefit from fee exemptions. These include vessel tonnage fees, port and terminal entry and exit charges, and inland waterway reporting fees, costs that account for a significant share of waterway transport expenses,&#8221; the Circular noted.</p>
<p>The new policy is expected to provide a solid boost to Vietnam&#8217;s pursuit of becoming a major logistics hub in Asia and beyond. In 2025, Prime Minister Pham Minh Chinh signed a decision approving the National Strategy for the Development of Vietnam’s Logistics Services for 2025-2035.</p>
<p>This became a historic occasion, as the Southeast Asian country adopted, for the first time, a comprehensive, long-term framework to build a globally competitive logistics sector, while accommodating elements such as digital transformation and green and sustainable growth within the roadmap.</p>
<p>Since then, Vietnam has upgraded its approach toward the <a href="https://internationalfinance.com/magazine/logistics-magazine/ai-changing-logistics-sector/"><strong>logistics sector</strong></a>, recognising it as a key economic sector with high added value and strategic importance to the Southeast Asian nation&#8217;s economic competitiveness.</p>
<p>Under its national strategy, between 2025 and 2035, Vietnam wants to ensure that the value added by the logistics sector reaches 5%-7% of its national GDP, growing at an average of 12%-15% annually. By 2050, logistics services are expected to contribute 7%-9% of GDP, maintaining a yearly growth rate of 10%-12%.</p>
<p>While 70%-80% of domestic enterprises are expected to use outsourced logistics services by 2035, the ration, by 2050, will increase to 90%. Vietnam also eyes bringing down its logistics costs to 12%-15% of GDP by 2035, and 10%-12% by 2050.</p>
<p>Apart from breaking into the top 40 countries in the World Bank’s Logistics Performance Index (LPI) by 2035 and the top 30 by 2050, the roadmap also envisions digital transformation playing a central role in Vietnam&#8217;s makeover as a global logistics hub, with 80% of businesses expected to adopt digital solutions by 2025, a ratio that will become 100% by 2050.</p>
<p>The post <a href="https://internationalfinance.com/logistics/vietnam-removes-domestic-maritime-fees-for-three-months/">Vietnam removes domestic maritime fees for three months</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Start-up of the Week: The &#8216;Zipline&#8217; way of serving humanity through drone-powered logistics</title>
		<link>https://internationalfinance.com/logistics/start-up-week-zipline-way-serving-humanity-through-drone-powered-logistics/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=start-up-week-zipline-way-serving-humanity-through-drone-powered-logistics</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Wed, 29 May 2024 04:55:13 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Logistics]]></category>
		<category><![CDATA[Drones]]></category>
		<category><![CDATA[health]]></category>
		<category><![CDATA[healthcare]]></category>
		<category><![CDATA[logistics]]></category>
		<category><![CDATA[Medicine]]></category>
		<category><![CDATA[Rwanda]]></category>
		<category><![CDATA[technology]]></category>
		<category><![CDATA[Transport]]></category>
		<category><![CDATA[Warehouses]]></category>
		<category><![CDATA[Zipline]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=50036</guid>

					<description><![CDATA[<p>Zipline has made over 540,000 deliveries to customers, with an astounding rate of one every 90 seconds</p>
<p>The post <a href="https://internationalfinance.com/logistics/start-up-week-zipline-way-serving-humanity-through-drone-powered-logistics/">Start-up of the Week: The &#8216;Zipline&#8217; way of serving humanity through drone-powered logistics</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>In today&#8217;s episode of the &#8220;<a href="https://internationalfinance.com/?s=Start-up+of+the+Week"><strong>Start-up of the Week</strong></a>,&#8221; International Finance will talk about United States-based Zipline, which was founded in 2014 with the vision of creating the first logistics system that will serve all humans equally. </p>
<p>As of May 2024, the venture has transformed itself into a major name in the logistics sector by designing, manufacturing and operating the world’s largest instant logistics and delivery system that has emerged as the first choice among businesses, governments and consumers, especially in Africa. </p>
<p><a href="https://www.flyzipline.com/"><strong>Zipline</strong></a> operates on three continents, North America, Africa and Asia, along with seven countries, Rwanda, Ghana, the United States, Nigeria, Japan, Kenya and Cote D’Ivoire (Ivory Coast).</p>
<p><strong>Knowing Things In Detail</strong></p>
<p>Zipline has made over 540,000 deliveries to customers, with an astounding rate of one every 90 seconds. The start-up has flown 60 million autonomous commercial miles, apart from delivering almost five million products, including more than eight million vaccine doses.</p>
<p>Zipline, which originally started its operations in the form of delivering blood and medical products in Rwanda, has since expanded its presence to sectors like food, retail, agriculture, and animal health. Zipline has two platforms, one for long-range delivery and the other for precise home delivery.</p>
<p>Opting for Zipline&#8217;s services helps its customers save lives, reduce emissions, increase economic opportunity, and provide new logistics services at scale.</p>
<p>Talking about Zipline&#8217;s in-house technology and products, let’s meet Zips, drones that make product deliveries. The product has been tailored for conducting precise deliveries irrespective of the weather conditions. </p>
<p>Zips are of two types: Platform One and Platform Two. Platform One’s operating principle revolves around the venture&#8217;s specially designed parachute delivery mechanism, which ensures seamless delivery for consignments carrying delicate and perishable goods. The drones operate on a smart launch and recovery system that also prioritises efficiency and area coverage.</p>
<p>Talking about Platform Two, its operational mechanism involves a low-profile dock, where the drone lands, charges and lowers the delivery droid into the loading portal. The drone uses onboard perception to leave packages exactly where they are supposed to be delivered. They also use multiple sensing technologies, with the ability to monitor 360* airspace. These sensors reach over a mile away, be it day/night, irrespective of the weather conditions, thereby adapting to the delivery routes easily.</p>
<p>Another component of the engineering is &#8220;Fleet Deconfliction,&#8221; which, aided by the start-up&#8217;s fleet management software, autonomously coordinates the traffic of the Zip drones, thereby limiting congestion along the route. The same component also helps the drones to directly communicate with each other.</p>
<p>Zipline also created software, where its business partners access and manage their Zipline services from one dashboard. The start-up&#8217;s single and easy-to-use app also makes it easy for people to order whatever they need, and track those orders in real-time. The venture has developed its custom fulfilment apps, which are helping its business partners stay on top of every part of their operation, from shipping to inventory to customer care.</p>
<p><strong>Changing The Logistics Game</strong></p>
<p>Zipline’s drone fleet ensures that customers can track and receive their deliveries in just minutes, from store to door. The drones, travelling at the maximum speed of 70 mph, pick up deliveries within minutes, start their journey, identify a precise and safe delivery spot and conduct their landings. The entire procedure also ensures low operational costs (no surge-spike fees) and higher delivery numbers for the businesses.</p>
<p>While Zipline has partners like &#8220;Walmart&#8221; and &#8220;Michigun Medicine&#8221; opting for the start-up&#8217;s &#8220;Instant Delivery&#8221; services, the venture&#8217;s &#8220;Smart Fulfilment&#8221; has clients like the Bill and Melinda Gates Foundation, Pfizer and Gavi.</p>
<p>Talking about &#8220;Smart Fulfilment,&#8221; it’s basically an end-to-end, storage, packing and drone delivery service offered by the venture.  Under it, Zipline has so far delivered over five million products, with its smart warehousing methods having the ability to store goods at variable temperatures.</p>
<p>Zipline stores products according to food, medical, and other safety standards, after orders are received at Zipline’s facility online or with a messaging app.  While the venture&#8217;s specially trained staff pick out the items and pack them for delivery, the fulfilment experts do a final standard quality and safety check. Zipline&#8217;s storage technology is also compliant with regulations which govern food safety and medical-grade cold chain activities.</p>
<p>What are the advantages Zipline&#8217;s business partners are getting by availing the start-up&#8217;s storage and fulfilment services? Resource efficiency, decreased wastage and overstocking, increased product availability and cost savings. Also, the business partners can ensure expanded coverage for their product deliveries, exploring new clients and growth regions in the process. Zipline also uses digitised planning and forecasting methods, powered by data insights and these help further to keep the overall delivery and fulfilment costs low and competitive.</p>
<p><strong>Changing The Industry Playbooks</strong></p>
<p>As of May 2024, Zipline is delivering products related to a massive gamut of industries, be it public healthcare, hospitality, agriculture or e-commerce. And how is it helping those industries?</p>
<p>Let’s take the healthcare sector for example. Zipline is making healthcare more effective, accessible, and efficient for everyone, from providers and payers to patients and caregivers, through its fast product deliveries. Availing the start-up&#8217;s solutions helps a medical facility build a comprehensive healthcare system that can deliver prescriptions within minutes of a telehealth appointment. The medical staff can send chemotherapy cocktails straight to patient homes. They can also transport labs instantly for faster diagnoses and better care.</p>
<p>Apart from ensuring cheaper product deliveries (cheaper than ground logistics), avoiding product loss/spoilage with end-to-end cold chain and ensuring safe delivery with advanced chain-of-custody tools, the hospital can also expand access and build new care capabilities with Zipline&#8217;s instant drone delivery.</p>
<p>Zipline connects directly to the medical facility&#8217;s operations to make them faster and more efficient. The start-up&#8217;s simple API integrations sync with the hospital&#8217;s software to make tracking and managing orders easy.</p>
<p>A very good case study here has been Michigan Medicine, a leading academic medical centre, which needed a reliable, scalable way to quickly deliver prescriptions directly to patients and transport lab samples between facilities. Zipline stepped in with its instant logistics technology, which helped the facility to game up its distribution and delivery network. Michigan Medicine has doubled its prescriptions, providing better care for hundreds of thousands of patients in their area.</p>
<p><strong>The Rwanda Success</strong></p>
<p>Talking about Zipline&#8217;s game-changing contributions to public healthcare, a mention must be made of the differences made by them in the African country of Rwanda.</p>
<p>With Zipline’s smart fulfilment, deliveries are taking minutes, ensuring healthcare products are not being wasted sitting on a shelf, and people access reliable healthcare. Overall performance and transparency have been driven upwards across the whole ecosystem, from middle-mile logistics to last-mile delivery. Reliable nationwide logistics networks are there with cold-chain capabilities.</p>
<p>In Rwanda, the incidents of wastage of blood products have been reduced by 67%. Maternal deaths due to postpartum haemorrhage in Rwandan hospitals, served by Zipline, have shown a 51% reduction. There is a 42% less likely chance of patients missing vaccination opportunities, all thanks to Zipline.</p>
<p>Zipline&#8217;s fulfilment and delivery system ensures safe and efficient transport, less waste, and maximum product effectiveness, even for points of care without on-site refrigeration. The cold-chain warehouses are keeping orders at -20ºC for 12 hours or 2-6ºC for 48 hours, apart from eliminating complexity with simpler packaging requirements.</p>
<p>The venture is also helping Rwandan health workers and supply managers to track, manage, and order inventory easily, apart from accessing smart data to analyse and improve operations over time.</p>
<p>Rwanda was battling product shortages, excess wastage, and supply chain inefficiencies serving its health facilities. Reliance on regional warehouses and bulk ground delivery over difficult terrain meant that commodities could often be out of stock or several hours away.</p>
<p>Zipline turned things into instant and on-demand deliveries to health facilities and points of care across the country, starting with the blood products supply chain. From platelets and plasma to cancer medications, vaccines, and anti-venom, commodities are now centralised at Zipline’s warehouses and distributed as needed in under an hour.</p>
<p>The post <a href="https://internationalfinance.com/logistics/start-up-week-zipline-way-serving-humanity-through-drone-powered-logistics/">Start-up of the Week: The &#8216;Zipline&#8217; way of serving humanity through drone-powered logistics</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Enservco&#8217;s acquisition of Buckshot Trucking: All you need to know</title>
		<link>https://internationalfinance.com/logistics/enservcos-acquisition-buckshot-trucking-all-you-need-know/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=enservcos-acquisition-buckshot-trucking-all-you-need-know</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Thu, 11 Apr 2024 05:08:35 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Logistics]]></category>
		<category><![CDATA[Buckshot]]></category>
		<category><![CDATA[Buckshot Trucking]]></category>
		<category><![CDATA[Enservco]]></category>
		<category><![CDATA[Enservco Corporation]]></category>
		<category><![CDATA[Hot Shot Trucking]]></category>
		<category><![CDATA[logistics]]></category>
		<category><![CDATA[Refrigerated Trucking]]></category>
		<category><![CDATA[Revenues]]></category>
		<category><![CDATA[Trailer]]></category>
		<category><![CDATA[United States]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=49734</guid>

					<description><![CDATA[<p>Buckshot's founders, Tony Sims and Jim Fate, will continue to lead the business post-Enservco acquisition, aiming to leverage the latter's operational footprint for expansion</p>
<p>The post <a href="https://internationalfinance.com/logistics/enservcos-acquisition-buckshot-trucking-all-you-need-know/">Enservco&#8217;s acquisition of Buckshot Trucking: All you need to know</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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										<content:encoded><![CDATA[<p>Enservco Corporation, a provider of well-site services to the oil and gas industry, has announced its agreement to acquire <a href="https://www.buckshottruckingllc.com/"><strong>Buckshot Trucking</strong></a>, a Colorado-based logistics company. The acquisition, valued at USD 5 million, included USD 3.75 million in cash and the remainder in Enservco stock, with a potential additional performance payout of up to USD 0.5 million.</p>
<p>&#8220;The transaction is expected to close by the end of the second quarter, pending Enservco stockholder approval and the company&#8217;s ability to secure the necessary capital through equity or debt financing,&#8221; reported Investing.com on the matter.</p>
<p>Buckshot Trucking, founded in 2017, has established its specialisation in hot shot trucking, dedicated freight, and less-than-truckload services within the energy sector. The company reported unaudited 2023 earnings before interest, tax, depreciation, and amortisation (EBITDA) of approximately USD 2.3 million on revenues of USD 8.2 million.</p>
<p>&#8220;By providing fair pricing, honesty, and dependable services in a highly competitive market, our company has experienced consistent and aggressive growth with increases in our customer base and revenues month after month, quarter after quarter,&#8221; Buckshot explained its operations in the following words on their website, while adding, &#8220;To date, our company has grown to offer multiple service lines in multiple sectors. Our simple approach to quality service, safety, and dependability has earned Buckshot Trucking LLC the opportunity to provide services across the United States to a diverse group of over 100 customers.&#8221;</p>
<p>Buckshot, as of March 2024, is providing trucking solutions like Flatbed (an open trailer where equipment can be loaded from all sides), Step Deck (tailored to haul a higher load without having to buy permits for the load), Dry Van (enclosed trucking method to shield sensitive shipments from weather hazards like high winds, rain, or direct heat), Refrigerated Trucking, Hot Shot Trucking (specialised in delivering time-sensitive loads, to save a company from situations like downtime or production shut down) and Trailer Mounted Forklift.</p>
<p>Enservco&#8217;s Chairman and CEO, Richard A. Murphy, while expressing enthusiasm for the acquisition, highlighted the strategic transformation it represents for the company by entering the logistics business. Murphy further noted that Buckshot&#8217;s addition will provide year-round growth opportunities and operational and financial visibility, while enhancing services for Enservco&#8217;s customer base and improving financial predictability.</p>
<p>As per the reports, Buckshot&#8217;s founders, Tony Sims and Jim Fate, will continue to lead the business post-Enservco acquisition, aiming to leverage the latter&#8217;s operational footprint for expansion.</p>
<p>The acquisition comes in the background of <a href="https://enservco.com/"><strong>Enservco</strong></a> reporting improved operational performance in 2023. Murphy anticipated that integrating Buckshot would massively improve Enservco&#8217;s financial results for 2024 and support further the company&#8217;s growth in subsequent years.</p>
<p>&#8220;This strategic acquisition is intended to create a new operating division for Enservco, complementing its existing market position in hot oiling, acidizing, and frac water heating services,&#8221; the venture stated further.</p>
<p>The post <a href="https://internationalfinance.com/logistics/enservcos-acquisition-buckshot-trucking-all-you-need-know/">Enservco&#8217;s acquisition of Buckshot Trucking: All you need to know</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Start-up of the Week: The &#8216;Neo&#8217; way of ensuring last-mile mobility management</title>
		<link>https://internationalfinance.com/logistics/start-up-week-neo-way-ensuring-last-mile-mobility-management/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=start-up-week-neo-way-ensuring-last-mile-mobility-management</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Wed, 07 Feb 2024 04:15:01 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Logistics]]></category>
		<category><![CDATA[car]]></category>
		<category><![CDATA[logistics]]></category>
		<category><![CDATA[Motorbikes]]></category>
		<category><![CDATA[Neo Mobility]]></category>
		<category><![CDATA[Telematics]]></category>
		<category><![CDATA[UAE]]></category>
		<category><![CDATA[vehicles]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=49222</guid>

					<description><![CDATA[<p>In the coming days, Neo Mobility will be launching operations with its new fleet of GSO-certified electric motorbikes, with a driving range of 175 km</p>
<p>The post <a href="https://internationalfinance.com/logistics/start-up-week-neo-way-ensuring-last-mile-mobility-management/">Start-up of the Week: The &#8216;Neo&#8217; way of ensuring last-mile mobility management</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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										<content:encoded><![CDATA[<p>Established in 2020, UAE-based <a href="https://neo-mobility.be/en/"><strong>Neo Mobility</strong></a> is known for offering &#8216;Last-Mile Solutions&#8217; through an all-electric logistics service.</p>
<p>In today&#8217;s episode of the &#8216;<a href="https://internationalfinance.com/?s=Start-up+of+the+Week"><strong>Start-up of the Week</strong></a>&#8216;, International Finance will talk about a venture which in October 2023, raised USD 10 million in funding, that will be utilized for scaling up Neo Mobility&#8217;s fleet of 5,000 electric vehicles by 2025.</p>
<p>In the coming days, Neo Mobility will be launching operations with its new fleet of GSO-certified electric motorbikes, with a driving range of 175 km. The plan has been approved by the UAE&#8217;s Ministry of Industry and Advanced Technology (MOIAT) and Dubai Roads and Transport Authority (RTA) and will enable food aggregators, e-commerce platforms, and logistics companies to achieve their net zero goals.</p>
<p>Among its other plans, the start-up will also be implementing its smart charging infrastructure with battery swapping stations across the Emirate, enabling the Neo riders to swap batteries within 60 seconds.</p>
<p><strong>Knowing The Venture In Detail</strong></p>
<p>Neo Mobility&#8217;s expertise lies in providing the best mobility management solutions in arenas like car sharing, rental, leasing, dealership and private fleet management.</p>
<p>Neo helps its clients to solve their fleet management-related problems, in terms of saving time and money, through structured documentation and organized resources, while raising the efficiency and optimization of the fleet management processes. The venture also helps its users improve their customer experience and fidelity by providing more control over their vehicles.</p>
<p>Neo works through two solutions, its &#8216;Platform&#8217; and the &#8216;App&#8217;. While the &#8216;Platform&#8217; allows the client to manage his/her fleet in a very flexible and automated manner, the &#8216;App&#8217; on the other hand, helps the customer to open and close their vehicles, manage his/her bookings, report damage and deciding upon whether the person wants to up/downgrade the car depending on what’s available in the Neo&#8217;s fleet.</p>
<p>Both the &#8216;Platform&#8217; and the &#8216;App&#8217; provide various integrated options, which cover all the needs of fleet management by providing effective solutions to specific problems.</p>
<p>The &#8216;App&#8217;, available in iOS &#038; Android, apart from being user-friendly and fast responsive, also supports all types of vehicles, various pricing and payment models, multiple languages, professional/private modes (suited for corporate sharing) and many other features.</p>
<p>Neo&#8217;s fleet management tool also allows the users to effortlessly manage their own fleets and the start-up also helps in the process by customizing the solution as per the customers&#8217; convenience. The platform is already integrated with different telematics systems and can be linked to any other IoT (Internet of Things) solutions, as per the client&#8217;s needs.</p>
<p>&#8220;Our platform supports role management in order to let you configure what information will be seen and by whom in your company. It’s also ready to integrate with any third-party services that you need like your ERP, CRM, accounting system, push notifications and analytics,&#8221; Neo stated further.</p>
<p>Headquartered in Europe, Neo possesses a team of professionals, who are well experienced in the mobility and car-sharing businesses. Neo is also the MENA (Middle East and North Africa) region&#8217;s first B2B start-up to offer last-mile solutions through a captive EV infrastructure business model, thereby aligning with the UAE Net Zero and COP28 agenda to build a greener future.</p>
<p>&#8220;With over 90,000 motorbikes on UAE roads, it results in 480,600 tonnes of CO2 emissions per year, equivalent to over 53 billion smartphones charged or over 49 million gallons of gasoline consumed,&#8221; commented a Wamda article on the venture.</p>
<p><strong>How The Solutions Work</strong></p>
<p>&#8220;From setup to upscale, our Sharing Platform is built to suit all your business’ specific needs,&#8221; Neo stated, whose solution allows the sharing company to handle all the setup of their business. From managing the vehicles, handling the pricing setup, and taking care of the booking types and customer groups to vehicle tracking, Neo&#8217;s &#8216;Sharing&#8217; solution makes the client the controlling authority, when it comes to handling the ride-sharing business.</p>
<p>The &#8216;Sharing&#8217; solution also comes with an &#8216;App&#8217;, which lets the client&#8217;s customers create their bookings, locate their vehicle and perform the check-in functions.</p>
<p>Neo&#8217;s multimodal sharing platform fits the needs of companies offering ride-sharing in both two and four-wheeler categories. The client venture can also set up their ride-sharing operating model (ranging from free-floating, station-based to corporate and peer-to-peer ones) and tailor the digital platform with things like a management dashboard, operational team apps, API and third-party integration set-ups.</p>
<p>Neo&#8217;s &#8216;Fleet Management Web Portal&#8217; also helps ride-sharing ventures to seamlessly deal with their fleets, customers, vehicle bookings, pricing models, data and reports, payment systems, invoices, fines and a lot of other functions.</p>
<p>The portal also allows the client ride-sharing venture to integrate its online platform with third-party services like ERP, CRM, Accounting system, push notifications and analytics.</p>
<p>Neo&#8217;s &#8216;Rental&#8217; solution enables its clients to &#8216;deploy the power of digital&#8217; in their operations. The platform allows the beneficiary to exploit the power and precision of the sharing planning for the venture&#8217;s rental activities. Once the business&#8217; vehicles are configured and connected, it can create or edit the booking ‘manually’ on the platform for the customer or let the customer create/edit the booking all by himself/herself.</p>
<p>&#8220;In just a few clicks, you have a clear and detailed view of your fleet. A modern and fully customizable tool that allows you to automate your fleet management operations, apart from having better control of your vehicle fleet and significantly reducing your fleet management costs,&#8221; Neo stated.</p>
<p>Neo&#8217;s digital solutions also cover the vehicle dealership and leasing markets.</p>
<p><strong>Neo In News</strong></p>
<p>Talking about Neo&#8217;s &#8216;Smart Charging Infrastructure&#8217;, the last-mile EV start-up&#8217;s battery swapping stations will be strategically located across UAE&#8217;s commercial hubs and districts. Along with that, the venture will be providing its customers with smart dashboard reports highlighting their CO2 emissions savings.</p>
<p>Making worker welfare its top focus, Neo will equip its riders with safety gear, smart helmets and telematics, apart from eliminating mobile phone usage, and enabling crash detection warnings. The venture will also be providing critical illness and injury insurance coverage along with life insurance, 24/7 rider and driver support and fixed working hours.</p>
<p>The start-up will also be tapping into the ride-hailing sector with its fleet of Tesla cars, with its state-of-the-art EV fast charging infrastructure ensuring drivers recharge their vehicles in less than 30 minutes.</p>
<p>Innovating its leasing solution further, Neo Mobility plans to enable its drivers to pursue a lease-to-own model, empowering these individuals to become entrepreneurs. Neo will also be looking to lease its fleet to third-party logistics (3PL) companies, enhancing the adoption of sustainable transportation in the UAE and wider region.</p>
<p>The post <a href="https://internationalfinance.com/logistics/start-up-week-neo-way-ensuring-last-mile-mobility-management/">Start-up of the Week: The &#8216;Neo&#8217; way of ensuring last-mile mobility management</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Start-up of the Week: Meet Bringg, the game changer in logistics sector</title>
		<link>https://internationalfinance.com/logistics/start-up-week-meet-bringg-game-changer-logistics-sector/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=start-up-week-meet-bringg-game-changer-logistics-sector</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Wed, 24 Jan 2024 04:15:08 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Logistics]]></category>
		<category><![CDATA[Aviv]]></category>
		<category><![CDATA[Bringg]]></category>
		<category><![CDATA[Carriers]]></category>
		<category><![CDATA[Gaza]]></category>
		<category><![CDATA[logistics]]></category>
		<category><![CDATA[Multi-Carrier]]></category>
		<category><![CDATA[Shipment]]></category>
		<category><![CDATA[shipping]]></category>
		<category><![CDATA[technology]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=49158</guid>

					<description><![CDATA[<p>Bringg's delivery solutions work on two core solutions, 'Delivery Hub' and 'ROAD', to ensure last-mile operation for its clients and partners</p>
<p>The post <a href="https://internationalfinance.com/logistics/start-up-week-meet-bringg-game-changer-logistics-sector/">Start-up of the Week: Meet Bringg, the game changer in logistics sector</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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										<content:encoded><![CDATA[<p>In today&#8217;s episode of the &#8216;<a href="https://internationalfinance.com/?s=Start-up+of+the+Week"><strong>Start-up of the Week</strong></a>&#8216;, International Finance will talk about Israel-based Bringg, which was established in 2013 and is a provider of cloud and AI-based delivery management solutions.</p>
<p>These solutions come with features like delivery tracking, supply chain visibility, routing, management of dispatch, driver management, inventory management, store operations, returns, first and last-mile deliveries. Global beverage and shopping giants like Coca-Cola, Boulanger and Walmart are some of the prominent customers of Bringg.</p>
<p><strong>Knowing Bringg In Detail</strong></p>
<p>Bringg, which has Salesforce and Shopify as its business partners, helps its clients to optimise and grow their last-mile delivery with the start-up&#8217;s &#8216;Delivery Management Platform&#8217;. Cost reduction, simplification of operations and a surge in brand loyalty are the perks which Bringg&#8217;s clients and partners get.</p>
<p>Bringg&#8217;s delivery solutions work on two core solutions, &#8216;Delivery Hub&#8217; and &#8216;ROAD&#8217;, to ensure last-mile operation for its clients and partners.</p>
<p>&#8220;Delivery Hub is a one-stop multi-carrier management platform designed to expand shipping options and delight customers – while simplifying operations, reducing cost and driving brand loyalty. ROAD is a solution designed to digitise and manage all drivers and vehicles, for companies at varying stages of digital transformation – enabling them to scale last mile automation as operations grow,&#8221; the business stated further.</p>
<p>&#8220;<strong><a href="https://www.bringg.com/">Bringg</a></strong> enables a hassle-free delivery experience, offering convenient delivery options while still ensuring more drops per day. Bringg turns delivery into a unique differentiator for over 800 customers, with over 200 million orders shipped every year,&#8221; it reiterated.</p>
<p><strong>How The Company Works</strong></p>
<p>Bringg&#8217;s specialisation in simplifying delivery operations for global brands has earned the venture over 80 customers in more than 50 nations, with the product delivery milestone breaching the 200 million mark.</p>
<p>As of January 2024, the Tel Aviv-based start-up has set up a partnership network with leading technology vendors, expert consultancies and integrated carriers.</p>
<p>Talking about &#8216;Carrier Network&#8217;, Bringg&#8217;s delivery solutions have integrated themselves with over 200 carriers across the globe. FedEx, Uber, IBM, Google and DHL are some of the vital cogs of this partnership network. In fact, through its partnerships with the tech giants, Bringg is providing tailored and innovative solutions for its clients.</p>
<p>Bringg is known for providing top-notch delivery route planning capabilities, where the venture automates and optimises the delivery routes to reduce manual dispatching efforts and increase fleet efficiency. This step alone ensures cost reduction for the clients by centralising all resourcing needed to run the latter&#8217;s operation. Bringg, through its effective management of drivers, vehicles and depots, pulls off tasks like setting up driver schedules and creating delivery slots for auto-scheduling with ease.</p>
<p>Bringg&#8217;s delivery route planning also has a crucial element called &#8216;Time on Site&#8217;, where the venture automatically and accurately predicts how long each delivery job should take, based on which it optimises route planning to account for time spent on site, apart from simplifying complex deliveries requiring additional handling and improving fleet productivity metrics.</p>
<p>And yes, the solution is also equipped with &#8216;Real-Time Traffic and Location Intelligence&#8217;, which involves vehicle-specific routing that considers road constraints for each vehicle type, apart from unlocking traffic-aware logistics support and accurate delivery estimates that account for traffic conditions.</p>
<p>Bringg&#8217;s other disruptive product, &#8216;Auto Dispatch&#8217;, automatically identifies, plans, and manages optimal routes for on-demand orders, to increase fleet efficiency, minimise manual efforts and reduce fleet costs.</p>
<p>Aligning all order stages for the best possible route integration, dispatching orders to drivers at predetermined intervals, initiating order preparation dynamically based on estimated warehouse arrival time and assigning drivers based on picking-task status are some of the pros brought by &#8216;Auto Dispatch&#8217;.</p>
<p>Bringg is also known for its strong driver management policy. Through the company app, the drivers can receive and navigate assigned orders, apart from keeping dispatchers updated on route progress and last but not least, creating automatic check-ins and arrival notifications.</p>
<p>The whole thing has been digitised to support even complex deliveries, as features like video fast-scan, age verification, vehicle checks, voice assistance, and automatic pre and post-shift driver checks set the tool apart from its market contemporaries.</p>
<p>Bringg&#8217;s &#8216;Multi Carrier Management&#8217; automates fulfilment and manifesting tasks, apart from assigning packaging and carrier options in line with predefined rules and automating labelling and documentation operations.</p>
<p>Bringg enhances customer satisfaction further with a diverse selection of dynamically calculated delivery options and pre-purchase quotes. These help the client to optimise his/her checkout experience and boost cart conversion by scheduling deliveries based on availability.</p>
<p>A good delivery portal is the one, which makes the package tracking job easier for its customers. Staying true to this principle, Bringg notifies its customers about the delivery stages, apart from automatically uploading Proof of Delivery (POD) to shipment records and enhancing driver communications for seamless coordination.</p>
<p><strong>Knowing The Solutions</strong></p>
<p>Bringg&#8217;s &#8216;ROAD&#8217; is a solution that digitises and manages all delivery operations. ROAD caters to companies at varying stages of their digital transformation journey, automating and optimising every step of it and creating a seamless experience for drivers, dispatchers and customers.</p>
<p>Bringg’s &#8216;Delivery Hub&#8217; ensures seamless multi-carrier delivery management and integration with over 200 carriers. Apart from streamlining shipping and returning operations while reducing cost and driving brand loyalty, the hub also allows the client to manage all carrier shipment operations from one unified platform, apart from access to a wide selection of carrier capabilities ranging from e-commerce parcels to construction materials.</p>
<p>&#8216;Bringg on Salesforce&#8217; helps the venture&#8217;s clients to get enlisted with a multi-carrier shipping app, that provides essential APIs (Application Programming Interfaces) for shipping rate calculations, delivery date estimates, shipment booking, real-time tracking, and returns.</p>
<p><strong>Bringg In News</strong></p>
<p>The Tel Aviv-based start-up was honoured in Built In&#8217;s (the largest candidate generation platform for technology professionals) &#8216;2024 Best Places To Work Awards&#8217;. Bringg earned a place on the’ Best Midsize Places to Work List in Chicago’.</p>
<p>Built In&#8217;s annual awards programme includes companies of all sizes, from start-ups to those in the enterprise, and honours both remote-first employers as well as large American tech companies.</p>
<p>However, Bringg&#8217;s moment of reckoning came on October 7, 2023. As Hamas fighters stormed communities along Israel&#8217;s southern fence with Gaza, an incident which saw the death of 1000 civilians and the captivity of 240 others, the start-up&#8217;s software, which was used to manage the product shipments, ended up managing the rescue of survivors from Gaza border towns.</p>
<p>The post <a href="https://internationalfinance.com/logistics/start-up-week-meet-bringg-game-changer-logistics-sector/">Start-up of the Week: Meet Bringg, the game changer in logistics sector</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Start-up of the Week: Meet Trukker, the Uber of MENA&#8217;s logistics industries</title>
		<link>https://internationalfinance.com/logistics/start-week-meet-trukker-the-uber-menas-logistics-industries/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=start-week-meet-trukker-the-uber-menas-logistics-industries</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Wed, 18 Oct 2023 04:20:28 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Logistics]]></category>
		<category><![CDATA[freight]]></category>
		<category><![CDATA[kazakhstan]]></category>
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		<category><![CDATA[MENA]]></category>
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		<category><![CDATA[Saudi]]></category>
		<category><![CDATA[shippers]]></category>
		<category><![CDATA[transportation]]></category>
		<category><![CDATA[Trukker]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=48246</guid>

					<description><![CDATA[<p>Trukker is attempting to stitch together a digital layer of control and transparency in the logistics industry through data-led innovations</p>
<p>The post <a href="https://internationalfinance.com/logistics/start-week-meet-trukker-the-uber-menas-logistics-industries/">Start-up of the Week: Meet Trukker, the Uber of MENA&#8217;s logistics industries</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>In today&#8217;s episode of the &#8216;Start-up of the Week&#8217;, International Finance will talk about Trukker, MENA&#8217;s (Middle East and North Africa) largest digital freight platform, which leverages its cloud expertise to offer freight forwarding solutions like booking trucks for cross-border deliveries, commercial and house moves, rentals, and item deliveries.</p>
<p>Trukker provides a mobile app to deliver instant quotes to customers, apart from facilitating real-time consignment tracking, and on-time deliveries.</p>
<p>&#8220;The best possible transport allocation. Instant pricing. Live track-and-trace. Real-time analytics. Find everything you need to streamline your freight operations on MENA&#8217;s largest digital freight forwarder platform for your on-road logistics. Each day, thousands of shippers and carriers optimize and cut costs, increase loads, reduce empty miles, and enjoy improved income on the TruKKer platform,&#8221; the venture stated further.</p>
<p><strong>Decoding Trukker&#8217;s Operational Ecosystem</strong></p>
<p>Trukker is attempting to stitch together a digital layer of control and transparency in the logistics industry through data-led innovations.</p>
<p>Trukker&#8217;s intelligent freight network, which as of October 2023, is serving over 700 clients in more than 10 nations, is smoothening out the frictions between demand and supply, apart from eliminating any load-related uncertainty.</p>
<p>Nearly 6000 drivers are currently earning 75% of their monthly incomes through Trukker&#8217;s platform.</p>
<p>&#8220;Our cloud-based freight solutions offer end-to-end coverage and a full-service portfolio for shippers, carriers, and businesses alike. That&#8217;s how we&#8217;re introducing shared efficiencies for all the involved parties in a supply chain. Behind the scenes, we cross-reference and analyze millions of data points across touchpoints and interactions. Our ever-growing data pool and AI-driven platform ensure continual process optimization with each transportation cycle for all our network users. At TruKKer, it&#8217;s all about delivering the future of freight now,&#8221; the venture added further.</p>
<p>Established in 2016, the start-up immediately captured MENA&#8217;s business landscape by launching &#8216;UAE Cross Border&#8217; in 2018, followed by its branch openings in Saudi Arabia and Egypt in 2019. In 2021, Trukker acquired Pakistan-based digital freight booking platform TruckSher. In the same year, Trukker made its market debut in Turkey, Oman and Bahrain. A year later, Trukker&#8217;s branches were opened in Poland and Kazakhstan too.</p>
<p>Through the solution called &#8216;Move My Home&#8217;, the start-up helps Emirati families during their relocation by providing them live location tracking and status updates on the movement of latters&#8217; assets. Trukker&#8217;s seasoned team of moving professionals ensure zero damage to these assets while relocating them to new homes.  </p>
<p>&#8220;Our relocation experts offer end-to-end care for your goods throughout the journey and beyond while you enjoy an effortless moving experience. These skilled professionals can dismantle and rearrange your decor, fix necessary circuits, set up devices, and do paint jobs. You don&#8217;t need to do anything,&#8221; the venture remarked.</p>
<p>During house relocation, a family can request a quote from TruKKer, following which the venture&#8217;s sales representatives will contact the customer.</p>
<p>When it comes to moving the family&#8217;s belongings to the new property, Trukker takes a day to move the contents of a studio/one-bedroom apartment. For bigger homes, the process takes two or three days. The customer needs to pay 50% of the bill amount in advance and the rest on the day of the move.</p>
<p>Trukker helps businesses to find logistical and freight support in the MENA region without the involvement of middlemen and freight brokers.</p>
<p>By December 2022, Trukker established its presence in the West Asia. The UAE and Saudi Arabia markets are currently contributing almost 40% to the company’s revenue flow.</p>
<p>Trukker has three main digital solutions, &#8216;TruKKer Pulse&#8217; for B2B clients, &#8216;TruKKer Load Board&#8217; for truck service providers, and &#8216;TruKKer Driver App&#8217;.</p>
<p>&#8216;TruKKer Pulse&#8217;, apart from helping businesses to ship commercial cargo, also caters to the needs of retail customers looking for movers and packers services.</p>
<p>TruKKer’s Load Board Interface provides truck owners and transportation companies with an overview of the marketplace, clients available for fleet owners to bid on, and analytics on their operational efficiency.  </p>
<p>Through the venture&#8217;s solutions, the drivers and fleet managers in the MENA region can also upload relevant documents and manage their payments, stay connected with each other, store invoices, submit proof of delivery and manage warehouses.</p>
<p><strong>Trukker In News</strong></p>
<p>Talking about Trukker&#8217;s recent achievements, the venture earned the fourth rank in Forbes Middle East&#8217;s list called &#8216;MENA&#8217;s Top 50 Most-Funded Start-ups 2022&#8217;.</p>
<p>Through its presence in Poland and Kazakhstan, Trukker will now be eyeing to extend its reach into the European markets in the coming days.</p>
<p>“Poland and Kazakhstan are strategically located along the Belt and Road route at the crossroads of Eurasia. Poland&#8217;s convenient transportation, low freight costs, and high logistics performance index, which ranks 28th globally, provide favourable conditions for TruKKer to access European supply,” remarked Gaurav Biswas, while interacting with the Gulf News in November 2022.</p>
<p>As of October 2023, Trukker is being backed by large institutional investors including Mubadala, STV, ADQ, and IFC. The start-up closed a USD 100 million series C in September 2022 led by Investcorp, a large private equity firm with USD 40 billion assets under management.</p>
<p>The post <a href="https://internationalfinance.com/logistics/start-week-meet-trukker-the-uber-menas-logistics-industries/">Start-up of the Week: Meet Trukker, the Uber of MENA&#8217;s logistics industries</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>With new facilities in Poland &#038; Italy, LuLu Group muscles up its European presence</title>
		<link>https://internationalfinance.com/logistics/with-facilities-poland-italy-lulu-group-muscles-european-presence/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=with-facilities-poland-italy-lulu-group-muscles-european-presence</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Wed, 04 Oct 2023 04:15:31 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Logistics]]></category>
		<category><![CDATA[Africa]]></category>
		<category><![CDATA[airport]]></category>
		<category><![CDATA[food]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[Italy]]></category>
		<category><![CDATA[logistics]]></category>
		<category><![CDATA[LuLu Group]]></category>
		<category><![CDATA[Middle East]]></category>
		<category><![CDATA[Poland]]></category>
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					<description><![CDATA[<p>A few days back, the LuLu Group debuted its Italian sourcing, food processing, and export base</p>
<p>The post <a href="https://internationalfinance.com/logistics/with-facilities-poland-italy-lulu-group-muscles-european-presence/">With new facilities in Poland &#038; Italy, LuLu Group muscles up its European presence</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The UAE-based retail giant LuLu Group is now establishing a logistics hub in Poland to strengthen its position in the European market. </p>
<p>To carry out the strategy, the business recently finalized two different contracts with Olsztyn Mazury Airport and the Polish Investment and Trade Agency.</p>
<p>Just a few days back, the LuLu Group debuted its Italian sourcing, food processing, and export base.</p>
<p>To handle fresh goods including meat, berries, apples, cheese, and other packaged foods that will be shipped to markets in the Middle East and North Africa, the Far East, and India, the retail behemoth will build a facility at Olsztyn Mazury Airport as part of its new investment in Poland.</p>
<p>The envisioned building will house the company&#8217;s first Central and Eastern European logistics hub.</p>
<p>It will improve cooperation between Polish producers, suppliers, and contractors in the UAE and expand the availability of local Polish items on the shelves of LuLu&#8217;s supermarkets.</p>
<p>According to Pawel Kurtasz, Chairman of the Management Board of the Polish Investment and Trade Agency, the investment would also provide new prospects for regional Polish producers.</p>
<p>According to a statement, the logistics centre in Poland will significantly aid the growth of LuLu Group International&#8217;s business in Central and Eastern Europe.</p>
<p>The new investment, according to the statement, is advancing the company&#8217;s expansion, which will strengthen its position as one of the most significant players in the global retail market.</p>
<p>LuLu Group also opened its world-class sourcing, food processing and export hub in Italy, a move which will further boost the company&#8217;s sourcing operations from Europe, thus ensuring uninterrupted supply and price stability of food products.</p>
<p>Located at World Trade Center Malpensa Airport in Milan, the state-of-the-art facility will primarily focus on sourcing, processing, storing, packaging and exporting top-quality food products from Italy to more than 255 LuLu Hypermarkets spread across Gulf countries, Egypt, India, Indonesia and Malaysia. </p>
<p>The focus categories will include cheeses, chocolates, fruit jams, sweet and puff pastries, organic pasta, infused extra-virgin olive oil, and high-quality sea salt from well-known Italian brands. Apart from packed food, the centre will also source and export a wide range of fruits and vegetables, including apples, grapes, kiwis and olives. </p>
<p>LuLu Group, which has an annual turnover of USD 8 billion and employs over 65,000 people from 43 different countries, is currently ranked as the numero uno retailer in the Middle East and North Africa (MENA) region and as one of the Top 50 fastest growing retailers in the world by Deloitte. </p>
<p>LuLu Group has similar food processing centres in the UK, US, Spain, Turkey, Vietnam, Thailand, China, and South Africa among others.</p>
<p>The post <a href="https://internationalfinance.com/logistics/with-facilities-poland-italy-lulu-group-muscles-european-presence/">With new facilities in Poland &#038; Italy, LuLu Group muscles up its European presence</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>FMM: Revolutionizing Qatar’s facility management game with robotics</title>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Mon, 15 May 2023 08:32:07 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Logistics]]></category>
		<category><![CDATA[airport]]></category>
		<category><![CDATA[Facilities Management]]></category>
		<category><![CDATA[FMM]]></category>
		<category><![CDATA[Qatar]]></category>
		<category><![CDATA[robotics]]></category>
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					<description><![CDATA[<p>FMM hit the headlines in May 2022, with the launch of its Virtual Reality training platform for the company staffers</p>
<p>The post <a href="https://internationalfinance.com/logistics/fmm-revolutionizing-qatars-facility-management-game-with-robotics/">FMM: Revolutionizing Qatar’s facility management game with robotics</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>For the past few years, Qatar&#8217;s booming construction industry has brought about a surge in demand for facilities management (FM) services. In this dynamic and competitive landscape, FMM has managed to rise as a key leader in this industry, thanks to an innovative approach based on tailor-made services delivered by its highly experienced team.</p>
<p>Created through the Joint Venture of Qatar Airways and Spain-based Ferrovial Group in 2013,  , FMM has been managing and operating the facilities management services of Hamad International Airport (HIA) since the latter’s opening in 2014. Being one of the Qatar’s most prestigious landmarks, the award-winning Airport daily welcomes 100,000 passengers.  . In 2022, it was voted the ‘World’s Best Airport’ for the second time in a row by Skytrax. </p>
<p>FMM provides facilities management activities at HIA such as daily cleaning of a combined surface of over 600,000 sqm, conducting more than 20,000 maintenance monthly tasks and ensuring the safety and smooth functioning of over 120 km of roads and tunnels throughout the Hamad International Airport network.</p>
<p>“We feel so grateful with what we have achieved so far, as our main client portfolio is based in key landmarks in Qatar,” said FMM CEO Eng. Irene Vidal, while adding, “We manage iconic cultural facilities for Qatar Museum or architectural gems as the Smart City Msheireb Downtown Doha”.</p>
<p>The HIA project turned out to be a crucial one for the FMM, in terms of building its capabilities, and developing a robust platform for staff recruitment, training, and Performance assessment. This ensured a continuous service improvement as FMM keeps on investing in developing their manpower and technology.</p>
<p>“Training is the pillar of our quality services,” stated Patrick Ishac, FMM HR Manager.</p>
<p>“All our staff go through a rigorous induction program followed by several refreshment and specialization sessions that count for approximately 15 days per year. We focus on our procedures, health and safety, as well as customer experience management as we want our operational staff to be able to handle challenges without the constant monitoring of their supervisors,” the official elaborated further.</p>
<p>FMM’s staff training took a turn in May 2022, as the company launched its virtual reality training platform. When asked about this tool, FMM CEO Eng. Irene Vidal responded, “This opportunity came as a solution to a problem that we identified, as our new joiners were idle while waiting for their documents and training to start working at HIA, we decided to create a tool to train them remotely but showing the actual rooms of the facility.”</p>
<p>Hence, the interface of this training platform reproduces our clients’ facilities, and the new recruits are able to see their upcoming working environment and we train them inside much before they obtain their working and access permit to the site. This platform enables us to significantly gain in efficiency as our valued employees join faster than before,” she added further.<br />
Since its inception, FMM has put its emphasis on technology, as the company kept identifying innovations like robotics that could improve its operational performances.</p>
<p>FMM, as of 2023, uses the world’s most advanced cleaning robots in HIA and the state-of-the-art Aisha Bint Hamad Hospital.<br />
According to Ms. Jessica Jung, Custodial Manager of FMM, “With more than 2,000 cleaners working round the clock in our projects, the addition of such high-performing robots naturally boosts our overall cleaning performance and safety records.”</p>
<p>These cleaning robots have the ability to work continuously for six hours, with only two hours of charging time. These devices can also clean all types of corners and edges, something which is considered impossible for conventional machines. Moreover, these robots&#8217; environmental performance manages a monthly saving of over 4,000 liters of water, compared to standard cleaning.</p>
<p>FMM also uses robots in the other daily maintenance activities to gain in time, efficiency, and safety, like cleaning of conduits. The ducting inspection, which is a time intensive activity, due to scaffolding erection and safety risks, is now performed by these robots, which are equipped with cameras and mounted on remotely controlled mobile platforms. These devices inspect ducts in a faster and thorough manner than manual methods.</p>
<p>“The high-resolution images and videos we obtained with these robots were not achievable before with manual cleaning,” said Juanjo Garcia, Senior Manager at HIA, while adding, “We are moreover able to reach areas which were impossible to inspect manually. At the end, it reduces staff downtime and risks while generating savings and better performance.”</p>
<p>FMM employees have also been trained on how to interact, control, assist and maintain these robots. When asked about the next steps of FMM, Eng. Irene Vidal, FMM CEO declared, “We are convinced of the promising future of robotics in Facility Management, and therefore, the team supports the idea that such technology will inevitably get an ad value.” </p>
<p>“Our next major step will be to support the State of Qatar of their vision about sustainability, for this we have brought electric cars into our fleet of vehicles which unavoidably will become standard. Then our long-term goal is to focus in providing upscale FM services to our clients while reinforcing and developing partnership with equipment and material manufacturers to remain competitive and as a pioneer in this industry,” she said further.</p>
<p>The post <a href="https://internationalfinance.com/logistics/fmm-revolutionizing-qatars-facility-management-game-with-robotics/">FMM: Revolutionizing Qatar’s facility management game with robotics</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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