dp-world

DP World appoints motor trade expert

DP World has appointed David D'Annunzio as Global vice president – vertical lead, automotive. He will oversee the strategic development of business in the sector and help to expand the company’s presence across the industry. Prior to joining DP World, he served in leadership roles at KRE Partners, LLC, a consulting firm specializing in the automotive and logistics industries, and at Neovia Logistics, where he spearheaded substantial business growth and ... [+]

Earnings and boxes up at DP World

DP World reported an increase in revenue increased of 3.3% to $9,335 million, driven by its ports and terminals and like-for-like gross container volume growth of 6.1%  in its results for the first six months to 30 June 2024. Adjusted EBITDA earnings fell  4.3% to $2,497 million due to Red Sea ... [+]

DP World opens largest-ever warehouse in Coventry

DP World has opened its largest ever warehouse, a 598,000sq ft facility in Coventry in the UK. It has a fully automated case retrieval (ACR) system and meets BREEAM ‘Excellent’ rating. DP World already operates facilities in Bicester and Burton upon Trent. Senior vice president of operations, Denis Doyle, said: “Our £50m ... [+]

Booking surge for DP World platform

DP World says that its SeaRates partnership with Singapore-based CP World Group has led to a 39% increase in month-on-month bookings and shipment tracking for small cargo owners since last year. The digital freight forwarder platform offers streamlined logistics processes and real-time information. [+]

DP World to invest €130m in Romania

DP World is making a €130m investment in its Romania’ logistics infrastructure. It includes a new eight-acre, €21m intermodal logistics hub at Aiud, in the industrial heartland and new project cargo and ro ro terminals in Constanta, the largest container port on the Black Sea, where a new €50 million ... [+]

DP World takes to the rails to Türkiye

DP World is using a previously neglected rail route from China to Türkiye to keep vital raw materials flowing into the country in the wake of the Red Sea attacks on shipping. Turkish manufacturing relies heavily on raw materials from China but with shipping diverting route around South Africa, transit ... [+]

First electric straddles for London Gateway

DP World has taken delivery of eight fully electric straddle carriers for its soon-to-be-opened £350m new fourth berth at London Gateway. Theyy will be part of the first all-electric fleet at any port in the world servicing the first ever all-electric berth. The £12m Kalmar straddle carriers weigh approximately 62 tonnes ... [+]

DP World platform takes to the air

DP World is now offering an Air Tracking feature on its SeaRates visibility platform. It extends SeaRates' existing suite of tools, which includes freight tracking, Logistics Community Systems and ship scheduling. Chief operating officer for digital technology, Mike Bhaskaran said: “Our customers’ evolving needs are always at the forefront of ... [+]

DP World trade deal tops a billion dirhams

DP World Trade Finance says it has financed non-oil trade worth more than AED 1 billion (£215m) for the UAE a year after signing a deal with Etihad Credit Insurance. It adds that a significant portion of the transactions were from small and medium-sized enterprises which have faced challenges in ... [+]

DP World steps up modal shift incentive

DP World is increasing its financial incentive in its Modal Shift Programme by almost 50%.  The programme, which is being trialled at DP World Southampton for 12 months, initially offered £70 to customers who move import-laden containers via rail to a railhead within 140 miles of the Southampton logistics hub. ... [+]

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