The Dubai-based conglomerate, facing significant operational inefficiencies and a huge number of different products and customers, moves to assert more control over transportation routing and scheduling.
CEVA Logistics recently announced a three-part expansion plan for the African market. The company has acquired a controlling shareholding in AMI Worldwide, a third-party logistics provider with an extensive network in East and Southern Africa.
According to the Federal Competitiveness and Statistics Authority (FCSA), it foresees that UAE’s logistics sector will be contributing a major part to its economy, from the current 5.4% to 8% by 2021.
Even as Asia slowly reopens after its lockdown, factories there risk running short on supplies as the virus spreads to countries that produce vital raw materials.
It’s not just grocery shoppers who are hoarding pantry staples. Some governments are moving to secure domestic food supplies during the coronavirus pandemic.
The latest supply chain news, analysis, trends and best practices for companies operating in the Middle East and Africa. The Middle Eastern region consists of 18 countries that stretch from the western borders of Turkey and Egypt to the eastern edges of Iran and Saudi Arabia. Learn how businesses are optimizing supply chain and logistics performance in these regions, addressing a range of challenges such as poor infrastructure, complex customs and tax laws, unstable political climates and government controlled exchange rates - as well as capitalizing on new land and labor opportunities, particularly across Africa.
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