AGP Executive Report
Last update: 5 hours agoPort Investment: MSC will buy a 49% stake in Adani’s Vizhinjam port in Kerala for about $1.4B, backing expansion to 5.7M TEUs by Dec. 2028 and boosting transshipment ambitions. Maritime Disruption Watch: Oman reiterated it opposes Strait of Hormuz transit fees under international law, while UNCTAD warned reopening won’t quickly fix food and transport cost pressures in vulnerable economies. Air Demand: IATA reported May passenger demand down 2.2% y/y, with Middle East carriers still hit, though load factors hit record highs for May. Last-Mile Standards: The National Home Delivery Association launched an Accredited Final Mile Professional program to formalize carrier vetting as legal scrutiny grows. Digital Transport Systems: Malaysia’s LRT3 Shah Alam line gets free-fare support and is expected to cut campus congestion; Kenya’s KRA moves certain vehicle licensing to an automated customs platform from July 1. EV & Fleet Tech: EMO Energy and Revamp Moto plan 5,000 low-speed EVs for India last-mile delivery, starting with 1,000 scooters. Warehouse Costing: Easy Metrics rolled out Targeted Cost to Serve to tie warehouse costs to real workload complexity.
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