AGP Executive Report
Last update: 4 hours agoLogistics Markets: Mainfreight’s first-half profit rose 66% and revenue climbed 20%, helping lift the New Zealand sharemarket to a record. Rail Connectivity: Malaysia’s 665-kilometre East Coast Rail Link is due to begin service Dec. 12, offering a faster alternative to traffic-clogged road trips between the east coast and the Klang Valley. Warehouse Investment: CTP agreed to buy a Vietnam logistics portfolio for about $500 million, including seven operating sites and six development plots. Supply Chain Disruption: Chilean truckers’ strike over soaring fuel costs is blocking key highways and disrupting transport across several regions. Port Operations: Maersk opened a bonded logistics hub in Semarang, adding more than 16,000 square metres of warehouse space near Tanjung Emas port. Transport Technology: Busan Port Authority and Samsung SDS will explore AI, digital twins and logistics connectivity to improve port operations. Infrastructure: Tees Valley is seeking supplier input for a £1.3 billion, five-year transport programme spanning rail, roads, public transit and active travel.
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