Saturday, April 17African Business News
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Logistics

Maersk Warns of Lower Earnings From Coronavirus Impact

Maersk Warns of Lower Earnings From Coronavirus Impact

Logistics
The world’s biggest container ship operator says efforts to hold back the spread of the virus are weighing on both China’s exports and imports. A.P. Moeller-Maersk A/S is facing a weak year as the coronavirus outbreak takes a toll on shipping volumes and freight rates after broader market conditions sent the Danish shipping giant to an unexpected fourth-quarter loss. The world’s biggest container ship operator said Thursday it has canceled dozens of sailings out of China since late January as factories there were closed for an extra week after the Lunar New Year and struggled to resume production. Maersk Chief Executive Soren Skou said in an interview that quarantines and travel restrictions aimed at containing the spread of the virus have had “a huge impact” on China’s export vol...
6 Ways to Grow Your Logistics Business

6 Ways to Grow Your Logistics Business

Logistics
The exponentially growing business sector has turned global crossing the national boundaries and reaching the farthest corners of the world. What holds everything in the business world is the delivery of products and services, and thus making logistics the survival need for them all. Logistics in simple terms can be defined as the supply chain management which is responsible for the flow and storage of goods, services, and related information. As a matter of fact, Logistics Perfomance Index defines six dimensions for a successful logistics business, which can help enterprises and startups to grow exponentially, expand and benefit in a better way if promptly implemented. Service quality – The competence and quality of logistics services is a major driving force in determining the suc...
Air travel restrictions won’t protect us from the coronavirus

Air travel restrictions won’t protect us from the coronavirus

Logistics, Technology & Innovation
Cities in lockdown, flights and public transport suspended, travellers in quarantine and surgical masks selling at unprecedented rates. The emergence of the novel coronavirus in Wuhan city, Hubei province, China, as well as its rapid arrival in 25 other countries and the World Health Organization (WHO)'s declaration of a public health emergency of international concern have once again focused attention on aviation's role in the spread of human infectious disease. As of February 6, more than 28,000 cases and 566 deaths had been reported in China, with additional confirmed cases in countries including Thailand, Japan, Australia, the US, UAE, Germany and the UK. Despite growing awareness of aviation’s environmental damage and the rise of “flightshaming”, air travel has never been more popu...
Making Africa’s transport ecosystem benefit travelling communities

Making Africa’s transport ecosystem benefit travelling communities

Logistics, Technology
Africa's largest cities Cairo, Lagos and Johannesburg are some of the most congested on the continent with the Kenyan capital Nairobi, reputed to be the second most congested city in the world. Needless to say, such congestion has socio-economic costs with the rate of accidents ranking among some of the highest, says Joe Moyo, Afri Ride founder and managing director. Ridesharing in Africa eliminates several of the major transportation hurdles faced by individuals in densely populated towns and cities. "Africa’s people are tech-savvy, and most of them own a smartphone, however, the vast majority do not own their own transportation. And even those who do, battle with poor road infrastructure and extreme overcrowding, as the road networks were never designed to support the number of veh...