Business

NASA puts out global request for logistics tenders for US 7-billion lunar logistics project
Logistics companies that win the tender would be expected to deliver at least 3,400 kilograms of pressurized cargo and 1,000 kilograms of unpressurized cargo to the Gateway (orbiting the moon) on each mission
KIZAD and AIPMA offer investment opportunities for Indian polymer companies
A strategic agreement between KIZAD and All India Plastics Manufacturers’ Association positions ‘KIZAD Polymers Park’ as an industry enabler
DSV completes acquisition of Panalpina, forming top five logistics giant
The Swiss logistics group accepted a bid from DSV in April, after more than two months of negotiations, during which there was also speculation of an Agility tie-up
Singapore will remain world leader in infrastructure, says GlobalData
GlobalData is tracking infrastructure projects in Singapore with a total value of US$95.2bn, of which close to 80% comprises publicly-funded projects
Uber shares slide after posting quarterly loss of $5.2bn
San Francisco company reports huge losses despite revenue growing 14% to $3.2bn
Panalpina expands in Middle East with new Oman office
Panalpina recently completed the registration of Panalpina Oman with a minority shareholding partner, the Daoud Group
Kuwait's Agility sees rise in Q2 profit despite 'tough environment'
Kuwait-based logistics giant reports 7.7% increase in revenue during second quarter of 2019
Al Ula airport to be transformed to support tourism hub plans
Capacity to be quadrupled at Prince Abdulmajeed Bin Abdulaziz Airport as Saudi Arabia plans to turn Al Ula into major tourism destination
Kuwait plans to install radioactive monitoring devices at borders
These devices enhance protection of the country from radioactive and nuclear materials, as well as early detection of any radioactive threat, Al-Jalawi said in a statement
Daikin relocates MEA division headquarters to Dubai’s Jafza
The facility will be located in Jafza – known as the Jebel Ali Free Zone – on 22,000m² of land
UPS study finds e-com customers want transparency and control of delivery
Online shoppers want transparency on fees, control over the delivery process, easy returns and loyalty rewards, according to UPS
Gebrüder Weiss announces change in management board
With effect from September 1, 2019, Dr. Lothar Thoma will start working for Gebrüder Weiss in the Air & Sea division

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