Logistics
Layoffs at Hedemora logistics firm follow Garpenberg mine halt
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Nearly a month after a rockfall and tremors halted production at Boliden's Garpenberg mine, a Hedemora-based logistics firm specializing in ore transport from the site has announced layoffs. Långdahls logistik AB is affected by the ongoing suspension of mine operations.
Danish logistics giant DSV/Schenker has become the first European company to deploy autonomous trucks on commercial long-haul routes.
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The Ministry of Mines and Energy announced the reactivation of Puerto Voluntad starting July 1 to expand the country's logistical capacity.
Shareholders of Deutsche Post AG approved on Tuesday the spin-off of its mail and parcel business into a division. More than 180,000 employees will change employers. CEO Tobias Meyer highlighted increased transparency and flexibility.
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Egypt has inaugurated the Middle East and North Africa’s largest quick-commerce fulfilment centre, developed by Talabat Egypt in the Yanmu East logistics complex on the Cairo-Suez Road. Minister of Communications and Information Technology Raafat Hindi led the opening ceremony representing the Prime Minister, attended by ministers of finance, investment, and industry. The facility can handle up to one million items per day using advanced AI technologies.
A conflict in the Middle East is expected to drive up oil prices, leading to higher fuel costs in South Africa from April. Economists predict petrol prices could rise by R5 to R8 per litre, impacting commuters, logistics and food prices. Retailers warn of increased transport and insurance costs amid shipping disruptions.
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Singapore-headquartered GLP expects logistics rents in China to rise 30-50% as market supply stabilises toward pre-Covid-19 levels. GLP China CEO Zhao told the South China Morning Post the firm will expand in logistics, data centres and renewable energy amid Beijing's push for domestic demand. The company operates extensively in China with significant property and energy assets.
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