AGP Executive Report
Last update: 10 hours agoRail Freight: Kenya Railways launched a CMA CGM block train carrying 108 containers from Mombasa to Nairobi’s Embakasi depot, linking port operations more directly with inland and regional markets. Logistics Technology: ASCO plans to invest £18.3 million over six years in AI, automation and software connecting cargo, quayside, storage and transport operations. Company Results: UPS reported higher logistics sales but lower segment profit, highlighting pressure on earnings even as the company reshapes its business. Shipping Markets: Major shipping companies are posting record profits as freight rates rise. Network Expansion: Hellmann opened three US branches to extend its logistics network.
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