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.
Chairperson of the Suez Canal Economic Zone (SCZONE), Walid Gamal El-Din, announced record $7.1bn in investments for the current fiscal year, including $1.8bn in the last two months. He spoke at a conference in New Cairo on the zone's role as a global logistics and industrial hub. The zone reported strong growth in revenues and cargo volumes.
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Colombia's Ministry of Transport issued a resolution unifying and updating the National Cargo Dispatch Registry (Rndc). The measure consolidates seven prior resolutions into one, simplifying the system and strengthening logistics oversight. Transport Minister María Fernanda Rojas emphasized the commitment to fairer conditions for carriers.
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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Ethiopian Investment Holdings (EIH) has requested a 10-hectare plot in Djibouti's Damerjog Industrial Park to build a fuel storage depot. The first phase targets 150,000 cubic meters capacity to strengthen regional energy logistics.
The Independent National Electoral Commission has engaged 1,132 vehicles to support logistics for the upcoming Federal Capital Territory polls. INEC has issued a warning to transport unions involved in the delivery process against any lapses.
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A small AI company named Algorhythm has sparked a sharp decline in logistics sector stocks by announcing its SemiCab platform's potential to boost freight volumes by 300% to 400%. The firm, previously an obscure penny stock karaoke vendor, unveiled the game-changing technology, leading to tens of billions of dollars in losses for major household brands in the industry. The event occurred on February 16, 2026.
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