The predictive trade index is designed to help the market understand the direction of ocean freight and airfreight trade growth. DHL Global Forwarding on Thursday unveiled a new predictive trade index built around the collection of data from the movement of intermediate goods and raw materials. The index, called the DHL Global
Author: Casandra Aniemeke
New Airports Terminals May Gulp Additional N10bn
Murtala Mohammed International Airport, Lagos Lagos (Thisday) - There is an indication that the federal government may source for additional N10 billion to provide the basic amenities and relocate some facilities before the new terminals built at the four major airports in Abuja, Lagos, Kano and Port Harcourt would come on
Nigeria’s Average fare up 23.99% month-on-month, Inter-City Transport Fares Show Abuja, Cross River, Jigawa in the Lead – NBS Report
Lagos - Badagry expressway A report by the National Bureau of Statistics (NBS) has revealed that average fare paid by commuters for bus journey within the city increased by 23.99 percent month-on-month (m/m) and 14.78 percent year-on-year (y/y) to N171.34 in December 2017 from N138.19 in November 2017. The report revealed that
Uber to introduce limit on drivers’ hours
Edo dry port to commence export operation soon
Benin (The Punch) - The Edo Inland Container Depot will soon commence export activities from its operational base, an official of the port has said. The Chief Executive Officer of Atlanque Marine Engineering Service, Charles Akhigbe, promoter of the Edo-ICD, announced this at a meeting with the Edo State Export Cluster
Poorly maintained vessels put local shipowners at a disadvantage
Lagos (The Punch) - Amidst complaints by local shipowners that they are being sidelined in the coastal distribution of wet cargo, including petroleum products, an investigation by our correspondent has revealed that the reason foreign ships are preferred above local ones is that the local ships lack good maintenance and
Amazon adds 210 acres to future Cincinnati airport hub
Amazons new air hub will handle shipments of export cargo and import cargo in international trade. Amazon’s senior vice president of operations, Dave Clark, announced last week that the Seattle-based retailer had just added a parcel of land to the site of its future air operations hub at the Cincinnati/Northern Kentucky
Winter Storm ‘Inga’ causing widespread disruption across U.S. logistics sector
FedEx has been reporting disruption at its Memphis Airport (MEM) hub for days. Now, a second storm, “Winter Storm Inga,” is moving through the region, and a growing list of forwarders and carriers are advising their customers across the U.S. Midwest and South that their shipments could be impacted. “Winter weather
Suspended Metrorail Cape Central line to be re-open
Metrorail train in Cape Town. Cape Town ( IOL) - Commuters travelling from Cape Town's CBD to the Cape Flats may be able to use Metrorail's Central line by Wednesday afternoon, the commuter rail operator said on Wednesday morning. The Passenger Rail Agency of South Africa (Prasa) said on Tuesday the line would
Why Lagos,Ibadan Railway December Deadline Might be Delayed
The Construction of the Lagos and Ibadan standard gauge railway line meant to be fully in completed in December this year might be delayed due to unforeseen challenges affecting the construction. The Contractor China Civil Engineering and Construction Company has had to contend with a number of obstructions on the rail line’s right