Logistics

Logistics giant DHL expects revenues to soar by 2030, driven largely by Chinese companies' global ambitions, even amid disruptions from the US-Israel war on Iran and unpredictable tariffs. Oscar de Bok, CEO of its global forwarding and freight business, highlighted China's crucial supply chain role in a Shanghai interview.

March 22, 2026 Ti AI ṣe iroyin

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.

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.

February 15, 2026 Ti AI ṣe iroyin

Ethiopia's Ethiopian Maritime Transport and Logistics (EBTL) is actively working to digitize its logistics services transparently. This system will enable customers to track goods and negotiate prices remotely. CEO Abdulber Shemsu shared these details.