Following its acquisition in early 2019 by Germany’s Rhenus Group, a leading global logistics service provider, local specialist World Net Logistics is experiencing the extensive benefits of the takeover. Integrating the two entities with different strengths has proven to be highly advantageous for both the group and its clients, according to World Net Logistics’ Chief Executive Officer (CEO) Dirk Goedhart.
World Net Logistics is an international freight forwarding and logistics company focused on providing comprehensive and effective supply chain end-to-end solutions to a broad range of industries in Southern Africa. It has its own fleet for overland services, as well as warehouse capacity totalling 50,240 square metres in Johannesburg, Cape Town, Durban, Port Elizabeth, George, East London and Walvis Bay.
“We joined a strong family-owned business with a decentralised structure, which has enabled us to access and leverage a global network yet keep the agility and flexibility we are known for,” says Goedhart. The Rhenus Group is a logistics services provider with global business operations and an annual turnover of EUR 5.5 billion. The group’s hierarchy is flat, enabling quick decision-making. “Rhenus has paid a lot of attention to the local set up and market, retaining the differentiators for which World Net Logistics is known, whilst adding to its capabilities and portfolio,” Goedhart points out.
Through the acquisition, World Net Logistics’ international network has expanded significantly and now comprises more than 750 offices with over 33,000 employees globally. “Our own international presence enables us to offer customers even more consistency,” he adds. “The branch network within countries is far denser now, which brings us closer to the suppliers of our clients. In Germany and China for example, our locations have more than quadrupled”.
The sharing of expertise within the group has also presented new opportunities, both locally and globally. This has enabled World Net Logistics to expand into new sectors such as pharmaceuticals, as well as to tender for international business where owning a global network is a pre-condition.
“We have been able to combine the best of both worlds: to invigorate the differentiators for which we are known, as well as to leverage the strengths of the Rhenus Group,” concludes Goedhart. “Our focus remains simple: to bring tailor-made solutions specific to our clients’ needs’ whilst offering the benefits of a multinational company.”
World Net Logistics will be undergoing a name change and re-branding to Rhenus before the end of 2020.
Logistics Going Green
A logistics start-up has launched eco-friendly packaging that allows online retailers to minimize their impact on the environment with last-mile deliveries. The new packaging will offer the same quality, durability, and security everyone has come to expect with an added benefit of leaving minimal impact on the environment.
In South Africa alone, billions of plastic bags are discarded every year. Clinging to trees, spreading across fences, and filling up gutters. Sadly, the logistics industry also contributes to this single-use plastic wastefulness.
Many single-use plastic items are only used for a few minutes and outlive their users for hundreds of years. Being industry disruptors within the logistics field, the logistics start-up has the privilege to address this pressing concern and pilot their new sustainable paper packaging range, which includes mailing bags, envelopes and packaging tape ensuring tough tamperproof and trusted products.
There is no denying it anymore, single-use plastic is not sustainable. By adding this paper packaging option to last-mile delivery every fulfilment strategy can be environmentally sustainable and change the logistics industry altogether.
Abu Qir Port Project Contract Awarded to DEME
DEME, the dredging, offshore, environmental, and infrastructure service specialists, announced that at the end of last year it secured a large dredging contract for the Abu Qir port project in Egypt.
Described as the largest ever dredging and land reclamation contract in history, the project includes the reclamation of 1 000ha of new land, the deepening of the port’s approach channel to 23m and the dredging of a turning basin to 22m. More than 150-million cubic metres will be dredged.
This ambitious megaproject creates land for the expansion and further development of Abu Qir, which boasts an ancient history and is slated to become a bustling economic hub, supplementing nearby Alexandria, in Egypt.
DEME will deploy the world’s most powerful CSD (Cutter Suction Dredger) ‘Spartacus’ on the project.
The project’s preparation has already started, with the main works set to commence in early 2021. The project is set for completion in 2023.
“We are very proud to have secured our largest ever dredging and land reclamation contract to date, and to support the Arab Republic of Egypt in its ambitions to develop a world-class project,” says DEME CEO Luc Vandenbulcke.
Convergence Partners acquire CTrack
Technology investor Convergence Partners has entered into an agreement with Inseego to acquire 100% of Ctrack’s operations in Africa and the Middle East.
The transaction will be the maiden investment for its third fund, the Convergence Partners Digital Infrastructure Fund (CPDIF).
Ctrack is a telematics software-as-a-service digital infrastructure platform, providing fleet management, insurance and weather telematics solutions, as well as asset tracking products, to its subscribers in Africa and the Middle East.
Convergence Partners says the business’s Internet-of-Things (IoT) and data analytics capabilities are a key component of an emerging sector in Africa and the company is a good fit with CPDIF’s strategy of identifying high-growth market players that build digital infrastructure on the continent.