Rift Valley Railways for sale

Universal Logistics Holdings, Inc. has entered the rail terminal services market by acquiring the Parsec group of companies.

It has emerged that Textainer is in talks to acquire Seaco Global, a deal that would almost certainly raise issues about the level of market concentration in the container leasing industry.

Container throughput at Mombasa increased by almost 12% in 2023, with significant improvements in vessel and truck turnaround times, and a rise in total cargo handled.

China Communications Construction Company has completed the first three berths at the new port of Lamu in Kenya, and the focus has turned to securing cargo handling equipment and developing road connections.

Kenya Ports Authority (KPA) has issued tenders for four laden handling reach stackers and four empty container handling reach stackers.

Kenya’s Departmental Committee on Transport, Public Works and Housing has released its report on its inquiry into the use of Kenya’s Standard Gauge Railway (SGR).