AD Ports makes biggest-ever acquisition with $835m Brazil agri-bulk deal

AD Ports Group has taken a major strategic step in its international expansion with its largest acquisition to date, moving into South America through a deal valued at AED3.1bn ($835m) for Brazilian agri-bulk terminal operator Corredor Logística e Infraestrutura (CLI).  The acquisition marks a first entry into the region for the Abu...

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Shipowners urged to stay nimble as geopolitics reshapes global shipping

Shipping leaders gathered at the TradeWinds Shipowners Forum during Posidonia painted a clear picture of an industry no longer driven solely by cycles and fundamentals, but increasingly shaped by geopolitics that is actively redrawing global trade flows, fleet deployment strategies, financing decisions and asset values.  A central message from the panel was that geopolitical developments are no longer temporary disruptions but structural forces reshaping entire shipping markets.  “Nowadays, we see that geopolitics is not simply creating operational disruptions. Geopolitics are redefining entire markets across segments,” said Charis Plakantonaki, chief strategy officer at...

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US forwarders hit out at plans to cut customs operations

US forwarders hit out at plans to cut customs operations

US air freight forwarders, airlines and wider supply chain organisations are raising concerns over potential plans to scale back Customs and Border Protection (CBP) operations at key US ports of entry, warning that such measures could trigger widespread disruption across time-critical logistics networks.  According to reports, the US Department of Homeland...

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Target launches $367M food distribution center in Colorado

Target has taken another major step in strengthening its grocery logistics network with the opening of a $367 million food distribution center in Thornton, Colorado, its largest facility of its kind to date.  The new site marks the retailer’s ninth food distribution center and expands its “food-forward” strategy, which aims to make grocery offerings a core driver of store traffic. Spanning 529,000 square feet of temperature-controlled warehouse space,...

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