Since late 2023, the Red Sea corridor has been severely impacted by Yemen's Houthi militia.
Private-sector involvement could yield an additional 20 million tonnes by 2027.
Economic success is dependent on a well-integrated and collaborative freight logistics network. – RFA
US self-imposed restrictions are a positive move, says sanitary and phytosanitary law expert.
Early discussions centre around fleet management and optimising supply chains.
Gale says the current period of buoyancy at the port would be even better if there were more vessel calls.
The transport segment is expected to expand the most at a compound annual growth rate of 11.3%.
The roll-on-roll-off arrived with a consignment of 485 fully built vehicles.
The XG130s were delivered ahead of deadline at the Copperbelt destination.
Analysts say the service could cut Asia-Europe transit times by two weeks.
The growth of e-commerce has significantly boosted the sector and the logistics industry at large.
