DP World signs construction contracts for expansion of flagship Jebel Ali Port DP World has signed two major contracts for civil construction work at its new Container Terminal 4 on a reclaimed island in Jebel Ali Port. His Excellency Sultan Ahmed Bin Sulayem, DP World Group Chairman and Chief Executive Officer; Zeyad Baker, Executive Director, Dutco Balfour Beatty LLC and Patrick McKinney, Area Manager, Middle East and Gulf, BAM International Abu Dhabi LLC – Dubai Branch, signed on behalf of their respective companies. Under Phase 1, Dutco Balfour Beatty
Same-Day Delivery Startup Deliv to Get Funding Boost From UPS
LLC is developing an operational yard area with a quay length of 1,200 metres. BAM International Abu Dhabi LLC is building a 400 metre bridge and adjacent causeways, and the 2.2 km quay wall with an alongside depth of 18 metres, designed to accommodate the largest mega container vessels. CH2M HILL (Halcrow) will deliver the civil works on the reclaimed island north of Jebel Ali’s Terminal 2, connected to the mainland by a 3,000 metre causeway. Under Phase 1, Terminal 4 will add 3.1 million TEU (twenty-foot equivalent units)
Same-day delivery startup Deliv Inc is getting a funding boost from an unlikely source: United Parcel Service Inc. The Palo Alto, California, company fetches goods from brick-and-mortar retailers to bring them to customers’ homes nearby, one of a crop of such firms hoping to win the day in so-called lastmile delivery, typically the priciest leg of an order’s journey. Deliv works with mall operators to incorporate its software into tenants’ online checkout systems. The company, which relies on contract drivers to help keep costs like insurance and health
by 2018, taking Jebel Ali Port’s total capacity to 22.1 million TEU. The port will be equipped with at least 110 cranes with a total quay length of around 11,000 metres by that time. DP World will further expand Terminal 4’s capacity to a total of 7.8 million TEU in line with market demand under Phase 2, with an additional operational yard with a quay length of 1,000 metres that will be built by Dutco Balfour Beatty LLC.
care down, charges retailers a fee, which is based on distance travelled from their stores. The retailers typically pass that fee on to customers. UPS and FedEx Corp, currently, offer same-day deliveries, but focus primarily on high-margin sectors like health care. Instead, they offer evening pickups from retailers, allowing for next-day delivery. As most online orders are placed in the evening after people get home from work, both UPS and FedEx have said there is more demand on their networks for next-day deliveries than same day. Source: Nasdaq.com
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