Latest news from Heavy Lift & Project Forwarding International Magazine

Bolloré teams up with CLS in Ethiopia

Bolloré Transport & Logistics has signed a memorandum of understanding (MoU) with CLS Logistics that outlines plans to establish a joint venture in Ethiopia.

Bolloré and CLS will support Ethiopia’s textiles, coffee and infrastructure sectors. The companies will also provide supply chain services for industrial projects.

As part of the agreement, the joint venture plans to invest EUR15 million (USD16.95 million) in a modern logistics hub. The project involves the construction of a 12,000 sq m warehouse.

According to Bolloré, with its experience in port concessions and dry ports in other African countries, the company also intends to support Ethiopian authorities in the modernisation and development of its dry ports.

Bolloré said it will particularly focus on the port of Modjo in order to position it as one of the main logistics hubs in East Africa.

CLS Logistics has been Bolloré’s partner in Ethiopia for more than 11 years.

www.bollore-transport-logistics.com

www.clslogistics.com

Heavy Lift | News

Connor to lead AAPA  thumbnail image

Connor to lead AAPA 

June 25 - The American Association of Port Authorities (AAPA) has appointed Christopher J. Connor to succeed Kurt Nagle as president and ceo. 
Views: 228
ACS expands Australian presence thumbnail image

ACS expands Australian presence

June 25 - Having opened its doors in Australia three years ago, Air Charter Service (ACS) has expanded its operation in Sydney as the company prepares for future growth.
Views: 198

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.