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Day: 13 January 2022

FarEye joins Microsoft Cloud for Retail

Posted on by Keith McKinley

FarEye, a global SaaS platform transforming last mile, has been selected by Microsoft as an Amplification Partner in Microsoft Cloud for Retail. The collaboration empowers and transforms how retailers orchestrate, track, and optimise the movement of goods, enabling enterprises to lower logistics costs while meeting the needs of end consumers.

If retailers wish to remain competitive in an ever-evolving landscape, a strong logistics framework with keen attention to last-mile delivery solutions will be the key differentiating factor to help boost customer satisfaction.

“Microsoft is bringing together leaders across all sectors of the retail space to help retailers enhance their delivery solutions to ultimately result in a positive customer experience,” said Amit Bagga, Chief Revenue Officer at FarEye. “The collaboration signals strong industry recognition, and we’re looking forward to the power FarEye’s intelligent delivery management platform can provide to Microsoft’s retail ecosystem.”

With the combined capabilities of Microsoft Cloud for Retail and FarEye, retailers can attain:

  • Real-time dynamic routing
  • Improved operational control
  • Branded and consistent customer experience

“We believe FarEye’s delivery visibility tools and scalable, low-code, no-code platform will be a critical component in helping streamline the fulfilment process and digitise retailers’ customer service offerings,” said Shelley Bransten, Corporate Vice President, WW Retail & Consumer Goods Industries, Microsoft. “Adding FarEye to our line-up of integral retail partners enhances our capability to transform modern-day deliveries and customer experience.”

FarEye’s intelligent delivery management platform handles 100 million transactions per month among 45,000 drivers and 30,000 carriers traveling over 1 million miles per day. The company works with its enterprise customers across industries such as retail, manufacturing and more to provide a higher level of control over their logistics and offer a superior delivery experience to their end customers.

FarEye joins Microsoft Cloud for Retail

Posted on by David Priestman

FarEye, a global SaaS platform transforming last mile, has been selected by Microsoft as an Amplification Partner in Microsoft Cloud for Retail. The collaboration empowers and transforms how retailers orchestrate, track, and optimise the movement of goods, enabling enterprises to lower logistics costs while meeting the needs of end consumers.

If retailers wish to remain competitive in an ever-evolving landscape, a strong logistics framework with keen attention to last-mile delivery solutions will be the key differentiating factor to help boost customer satisfaction.

“Microsoft is bringing together leaders across all sectors of the retail space to help retailers enhance their delivery solutions to ultimately result in a positive customer experience,” said Amit Bagga, Chief Revenue Officer at FarEye. “The collaboration signals strong industry recognition, and we’re looking forward to the power FarEye’s intelligent delivery management platform can provide to Microsoft’s retail ecosystem.”

With the combined capabilities of Microsoft Cloud for Retail and FarEye, retailers can attain:

  • Real-time dynamic routing
  • Improved operational control
  • Branded and consistent customer experience

“We believe FarEye’s delivery visibility tools and scalable, low-code, no-code platform will be a critical component in helping streamline the fulfilment process and digitise retailers’ customer service offerings,” said Shelley Bransten, Corporate Vice President, WW Retail & Consumer Goods Industries, Microsoft. “Adding FarEye to our line-up of integral retail partners enhances our capability to transform modern-day deliveries and customer experience.”

FarEye’s intelligent delivery management platform handles 100 million transactions per month among 45,000 drivers and 30,000 carriers traveling over 1 million miles per day. The company works with its enterprise customers across industries such as retail, manufacturing and more to provide a higher level of control over their logistics and offer a superior delivery experience to their end customers.

Webinar: How To Navigate The New Logistics Landscape

Posted on by Keith McKinley

Buying habits have changed, and it’s time delivery caught up. These days, the third party you engage to drop off your products represents your company. Increasingly, we’re seeing consumers say goodbye to brands they love due to poor customer service at the last mile.

So, partnering with Honeywell, FarEye is holding a webinar entitled How to Navigate the New Logistics Landscape on 26th January at 3.00pm GMT with an expert panel who will bring you up to speed on transport and logistics in 2022. It’s free to attend, and can help you align your online and last-mile experiences.

Topics being covered include:

  • The current logistical landscape
  • Emerging transport technologies
  • How data can be leveraged to improve delivery
  • What tools you can use to enhance the last-mile experience

In 2021, eCommerce transactions increased by 30%. It’s not hard to see why – for the past two years, we’ve embraced buying everything online. Today, we expect companies to spend the same amount of investment on the back end as they do on the front. But to achieve this, their delivery must be as seamless as their website.

Up to 66% of millennials think all purchases should have a one-hour delivery option. And 55% of all consumers say that three late deliveries would prevent them from using a service provider again. The fact is, if your final stage of the customer experience is letting the side down, you’ll lose customers.

That’s why in this webinar, we’re asking industry heavyweights to comment on the challenges of transport and logistics right now. They’ll provide answers like leveraging big data, data science and data analytics to refine the delivery process.

The panel includes speakers from Honeywell and FarEye, all helping us to solve problems such as customer expectations, driver retention and poor asset utilisation.

You can watch them, and host John Bradshaw, Vertical Marketing Manager at Honeywell, set the new world to rights by following THIS LINK to sign up for free.

Attendees can ask questions and use the information provided to kick-start their ambitions for 2022. What’s more, you’ll be able to counter the change in customer expectations, and gain the tools to exceed them. Sign up today and tap into the insights of industry leaders.

FarEye is a low-code, Intelligent Delivery Management Platform, enabling enterprises to orchestrate, track, and optimise their logistics operations. FarEye’s native SaaS products provide real time visibility across transportation networks and logistics orchestration for the execution of deliveries across the first, mid and last mile.

CLICK HERE  to register for the free webinar – How To Navigate The New Logistics Landscape

Webinar: How To Navigate The New Logistics Landscape

Posted on by David Priestman

Buying habits have changed, and it’s time delivery caught up. These days, the third party you engage to drop off your products represents your company. Increasingly, we’re seeing consumers say goodbye to brands they love due to poor customer service at the last mile.

So, partnering with Honeywell, FarEye is holding a webinar entitled How to Navigate the New Logistics Landscape on 26th January at 3.00pm GMT with an expert panel who will bring you up to speed on transport and logistics in 2022. It’s free to attend, and can help you align your online and last-mile experiences.

Topics being covered include:

  • The current logistical landscape
  • Emerging transport technologies
  • How data can be leveraged to improve delivery
  • What tools you can use to enhance the last-mile experience

In 2021, eCommerce transactions increased by 30%. It’s not hard to see why – for the past two years, we’ve embraced buying everything online. Today, we expect companies to spend the same amount of investment on the back end as they do on the front. But to achieve this, their delivery must be as seamless as their website.

Up to 66% of millennials think all purchases should have a one-hour delivery option. And 55% of all consumers say that three late deliveries would prevent them from using a service provider again. The fact is, if your final stage of the customer experience is letting the side down, you’ll lose customers.

That’s why in this webinar, we’re asking industry heavyweights to comment on the challenges of transport and logistics right now. They’ll provide answers like leveraging big data, data science and data analytics to refine the delivery process.

The panel includes speakers from Honeywell and FarEye, all helping us to solve problems such as customer expectations, driver retention and poor asset utilisation.

You can watch them, and host John Bradshaw, Vertical Marketing Manager at Honeywell, set the new world to rights by following THIS LINK to sign up for free.

Attendees can ask questions and use the information provided to kick-start their ambitions for 2022. What’s more, you’ll be able to counter the change in customer expectations, and gain the tools to exceed them. Sign up today and tap into the insights of industry leaders.

FarEye is a low-code, Intelligent Delivery Management Platform, enabling enterprises to orchestrate, track, and optimise their logistics operations. FarEye’s native SaaS products provide real time visibility across transportation networks and logistics orchestration for the execution of deliveries across the first, mid and last mile.

CLICK HERE  to register for the free webinar – How To Navigate The New Logistics Landscape

AR Racking appoints new MD

Posted on by Keith McKinley

The current Sales Director for conventional solutions in the EMEA markets, José Manuel Lucio, has been appointed as the new Managing Director of AR Racking, replacing Iñaki Arriola, who will sever his association with the company at the end of 2022.

Lucio joined AR Racking approximately seven years ago and has held several management positions. These include, during 2021, Sales Director for the EMEA region for conventional solutions unit. Until the beginning of this year, he successfully held the position of Sales Director for Spain, Portugal and Italy.

After a steady upward rise, Lucio became Managing Director of AR Racking on 1st January 2022 replacing at the head of the company Iñaki Arriola, who will support company management until ending all ties with the company at the end of 2022.

In the last few years, AR Racking has experienced sustained growth and positioned itself as one of the leading players both nationally and internationally in the industrial storage solutions sector.

Transporeon acquires SupplyStack and Nexogen

Posted on by Keith McKinley

With the acquisition of  SupplyStack and Nexogen, Transporeon customers profit once more from the fact that the services of the Transport Management Platform can be consumed in a modular way.

Transporeon continues to follow a growth strategy that embeds new functionalities directly in its network. The company thereby provides easy-to-consume capabilities, optimising transport flows and complementing respective in-house IT capabilities delivered by ERP and TMS systems for an ever more sustainable, cost and time-sensitive economy.

Transporeon acquires SupplyStack

Following the acquisition of ocean visibility and multimodal planning specialist Logit One in December 2021, Transporeon now further expands its capabilities in handling multimodal and part load transports by adding the services of SupplyStack to its Transport Management Platform.

Transporeon’s customers are now getting access to a comprehensive multimodal and part load planning and execution framework, supporting automation and optimisation of transport flows. Shippers and forwarders will be able to further automate their transport planning, assignment and execution.

After an integration period, SupplyStack customers will also obtain access to Transporeon’s carrier network, platform services, freight procurement and rate management as well as spot assignment, freight settlement and audit offerings.

In addition, they will profit from the integration of Transporeon’s Sixfold Real-Time Visibility (RTV) services into daily operations. This way, they no longer have to use visibility as a separate feature. Instead, RTV becomes an enterprise-wide capability that drives customer service, efficiency and lays the foundation for more sustainable transport execution.

“There is an increasing demand in the supply chain to improve transparency and reduce costs, while at the same time making freight transport more sustainable,” commented Stephan Sieber, CEO of Transporeon. “Adding multimodal and part load transport planning and execution capabilities to our platform through the acquisition of SupplyStack will provide our customers with the degree of flexibility necessary to achieve this goal.”

Nick Poels, Founder and CEO of SupplyStack, added: “Although powerful alone, we believe we are stronger together. This acquisition marks an important milestone in our mission to change the way freight is moved. Combining SupplyStack’s Transport Management solutions with Transporeon’s network will enable our customers to profit from our services – on global supply chains with a mix of modes as well as on domestic operations.

“We therefore are happy to become part of the Transporeon family, where our customers from different industries can manage their logistics operations following a true network approach.”

Transporeon acquires Nexogen

To support operators in optimally dispatching fleets, Transporeon is taking over AI road transport planning specialist Nexogen. The Software as a Service (SaaS) company helps carriers and asset owners improve utilisation by optimising matches between orders and trucks, drivers and itineraries. This way, Nexogen reduces overall freight transportation costs, empty runs and waiting times.

Already today, Transporeon offers comprehensive carrier services ranging from Market Intelligence, RTV on Ocean, Air and Road-transport, to autonomous freight procurement and document management. With the acquisition of Nexogen, the company enlarges its carrier service portfolio even further by introducing the AI Planner and the AI Operator.

The Nexogen AI planner connects to existing Transport Management Systems (TMS) and supports optimal asset utilisation by matching orders to trucks and drivers based on data. The AI planner’s engine plans ahead, also taking into account spot market data to ensure the highest level of fleet utilisation.

The Nexogen AI Operator helps to manage fleets more efficiently based on telematics and real-time insights. Offering a most efficient itinerary planning tool, it also provides dispatchers with real-time insights on shipment execution. The AI Operator uses its access to primary data sets, such as remaining hours of service and fuel consumption, to calculate tunnel, ferry, parking and gas station route planning as well as accurate ETAs – always in compliance with EU regulations.

Nexogen carriers will be able to receive spot transport offers directly from Transporeon, thereby obtaining access to additional loads. In addition, they will profit from the option to find subcontractors for non-matching shipments on the Transporeon platform.

With up to 30% inefficiencies in European road transport, driver shortages, and increasing sustainability targets, carriers and shippers need to work more efficiently, by reducing both empty runs and unprofitable waiting times.

Stephan Sieber, CEO of Transporeon, commented: “The integration of Nexogen into our Transport Management Platform will help carriers improve their asset utilisation and manage complexity. This is important with regard to the upcoming EU mobility package. While the new framework guarantees fair competition across the market and protects drivers through clear rules, it adds further regulation to logistics operations. Intelligent solutions are needed to successfully operate under this framework. Nexogen’s AI powered services will assist fleet operators to consider all necessary information and rules when planning a transport.”

Nexogen CEO András Kovács added: “Our mission is to use data for leveraging the potential of logistics through intelligent, automated planning and optimisation. Adding Nexogen’s capabilities to Transporeon’s large portfolio of carrier services will allow us to drive digitisation, thereby improving efficiencies and reducing CO2 emissions in each freight transport. We therefore are pleased to become part of the Transporeon ecosystem and its vast community counting more than 130,000 carriers.”

Transporeon acquires SupplyStack and Nexogen

Posted on by David Priestman

With the acquisition of  SupplyStack and Nexogen, Transporeon customers profit once more from the fact that the services of the Transport Management Platform can be consumed in a modular way.

Transporeon continues to follow a growth strategy that embeds new functionalities directly in its network. The company thereby provides easy-to-consume capabilities, optimising transport flows and complementing respective in-house IT capabilities delivered by ERP and TMS systems for an ever more sustainable, cost and time-sensitive economy.

Transporeon acquires SupplyStack

Following the acquisition of ocean visibility and multimodal planning specialist Logit One in December 2021, Transporeon now further expands its capabilities in handling multimodal and part load transports by adding the services of SupplyStack to its Transport Management Platform.

Transporeon’s customers are now getting access to a comprehensive multimodal and part load planning and execution framework, supporting automation and optimisation of transport flows. Shippers and forwarders will be able to further automate their transport planning, assignment and execution.

After an integration period, SupplyStack customers will also obtain access to Transporeon’s carrier network, platform services, freight procurement and rate management as well as spot assignment, freight settlement and audit offerings.

In addition, they will profit from the integration of Transporeon’s Sixfold Real-Time Visibility (RTV) services into daily operations. This way, they no longer have to use visibility as a separate feature. Instead, RTV becomes an enterprise-wide capability that drives customer service, efficiency and lays the foundation for more sustainable transport execution.

“There is an increasing demand in the supply chain to improve transparency and reduce costs, while at the same time making freight transport more sustainable,” commented Stephan Sieber, CEO of Transporeon. “Adding multimodal and part load transport planning and execution capabilities to our platform through the acquisition of SupplyStack will provide our customers with the degree of flexibility necessary to achieve this goal.”

Nick Poels, Founder and CEO of SupplyStack, added: “Although powerful alone, we believe we are stronger together. This acquisition marks an important milestone in our mission to change the way freight is moved. Combining SupplyStack’s Transport Management solutions with Transporeon’s network will enable our customers to profit from our services – on global supply chains with a mix of modes as well as on domestic operations.

“We therefore are happy to become part of the Transporeon family, where our customers from different industries can manage their logistics operations following a true network approach.”

Transporeon acquires Nexogen

To support operators in optimally dispatching fleets, Transporeon is taking over AI road transport planning specialist Nexogen. The Software as a Service (SaaS) company helps carriers and asset owners improve utilisation by optimising matches between orders and trucks, drivers and itineraries. This way, Nexogen reduces overall freight transportation costs, empty runs and waiting times.

Already today, Transporeon offers comprehensive carrier services ranging from Market Intelligence, RTV on Ocean, Air and Road-transport, to autonomous freight procurement and document management. With the acquisition of Nexogen, the company enlarges its carrier service portfolio even further by introducing the AI Planner and the AI Operator.

The Nexogen AI planner connects to existing Transport Management Systems (TMS) and supports optimal asset utilisation by matching orders to trucks and drivers based on data. The AI planner’s engine plans ahead, also taking into account spot market data to ensure the highest level of fleet utilisation.

The Nexogen AI Operator helps to manage fleets more efficiently based on telematics and real-time insights. Offering a most efficient itinerary planning tool, it also provides dispatchers with real-time insights on shipment execution. The AI Operator uses its access to primary data sets, such as remaining hours of service and fuel consumption, to calculate tunnel, ferry, parking and gas station route planning as well as accurate ETAs – always in compliance with EU regulations.

Nexogen carriers will be able to receive spot transport offers directly from Transporeon, thereby obtaining access to additional loads. In addition, they will profit from the option to find subcontractors for non-matching shipments on the Transporeon platform.

With up to 30% inefficiencies in European road transport, driver shortages, and increasing sustainability targets, carriers and shippers need to work more efficiently, by reducing both empty runs and unprofitable waiting times.

Stephan Sieber, CEO of Transporeon, commented: “The integration of Nexogen into our Transport Management Platform will help carriers improve their asset utilisation and manage complexity. This is important with regard to the upcoming EU mobility package. While the new framework guarantees fair competition across the market and protects drivers through clear rules, it adds further regulation to logistics operations. Intelligent solutions are needed to successfully operate under this framework. Nexogen’s AI powered services will assist fleet operators to consider all necessary information and rules when planning a transport.”

Nexogen CEO András Kovács added: “Our mission is to use data for leveraging the potential of logistics through intelligent, automated planning and optimisation. Adding Nexogen’s capabilities to Transporeon’s large portfolio of carrier services will allow us to drive digitisation, thereby improving efficiencies and reducing CO2 emissions in each freight transport. We therefore are pleased to become part of the Transporeon ecosystem and its vast community counting more than 130,000 carriers.”

Supply chain tech firm KlearNow raises $50m

Posted on by Keith McKinley

KlearNow, a smart Logistics as a Service (LaaS) pioneer founded in 2018, raised $50m in new capital to transform broken supply chains – simplifying and providing real-time cargo visibility to the customs clearance and drayage processes. KlearNow says its AI-powered platform eases the worldwide supply chain disruptions that have left businesses grappling with delays and shortages.

The Series B investment was led by Kayne Partners Fund, the growth private equity group of Kayne Anderson Capital Advisors, with continued participation from existing investors including GreatPoint Ventures, Argean Capital, and Autotech Ventures, plus new investment from Activate Capital.

Though the global logistics market value is $8.6tr, it is a highly fragmented and archaic industry and one of the last to embrace technology and collaborative innovation. The global pandemic has further exacerbated supply chain bottlenecks, accelerating the need for digital transformation.

Investors were drawn to KlearNow’s platform as it eases import/export burdens by digitising and streamlining complex paper-based logistics processes – reducing manual entry times and human errors. The platform takes the digitised data to power its customs clearance marketplace, providing an unprecedented level of real-time end-to-end visibility, collaboration, and cost savings for its customers.

Since its $16m Series A funding round led by GreatPoint Ventures in January 2020, KlearNow has grown exponentially, increasing its customer base tenfold and its monthly revenue run rate by more than 50 times. During this time, US-based KlearNow has expanded into Canada, and launched its UK service in January 2021 to support UK and EU businesses operating in the post-Brexit landscape.

KlearNow recently added a drayage marketplace to its smart LaaS platform to support drayage companies facing planning and scheduling challenges and importers demanding extended visibility. With both customs clearance and drayage marketplaces, KlearNow provides a single view of multi-leg shipments from port of lading to the warehouse. The Series B investment strengthens KlearNow’s position as the go-to digital supply chain solution for businesses that trade across borders.

“This latest round of funding enables us to aggressively accelerate our technology development and deployment, geographical expansion, and talent investments, helping us transform supply chains that power commerce,” said Sam Tyagi, KlearNow Founder and CEO. “We are excited to have strategic partners and investors with deep knowledge in this space, and we believe that with their support, our technology can lead to a meaningful, sustainable impact on global supply chains.”

“The supply chain and logistics industry is primed for incredible disruption in the upcoming years, and continued investment in technology and tech-enabled infrastructure is a critical component of the solution,” said Nishita Cummings, Managing Partner and Co-Head of Growth Equity at Kayne Partners. “KlearNow is the leading technology partner in this space, with an advanced AI-based platform that removes friction in moving goods across borders in an easy, efficient, and cost-effective manner.”

Ashok Krishnamurthi, Managing Partner at GreatPoint Ventures, added: “We are more excited than ever to have partnered with KlearNow. Digitalisation has become mission-critical for supply chain logistics. KlearNow provides tremendous value for the supply chain logistics ecosystem, demonstrated by the rapid adoption of its platform by importers, transporters, brokers, and freight forwarders.

“We are thrilled that KlearNow has continued to expand beyond real-time shipment visibility, offering new unified workflows. During the pandemic lockdowns when the world and companies needed work from home capabilities, KlearNow stepped up, unshackling employees from the office, scanners, and fax machines. With a smart digital solution, supply chain logistics teams were able to work remotely from home and leave the paper world behind. Visibility, productivity, and sustainability are a great combination.”

Supply chain tech firm KlearNow raises $50m

Posted on by David Priestman

KlearNow, a smart Logistics as a Service (LaaS) pioneer founded in 2018, raised $50m in new capital to transform broken supply chains – simplifying and providing real-time cargo visibility to the customs clearance and drayage processes. KlearNow says its AI-powered platform eases the worldwide supply chain disruptions that have left businesses grappling with delays and shortages.

The Series B investment was led by Kayne Partners Fund, the growth private equity group of Kayne Anderson Capital Advisors, with continued participation from existing investors including GreatPoint Ventures, Argean Capital, and Autotech Ventures, plus new investment from Activate Capital.

Though the global logistics market value is $8.6tr, it is a highly fragmented and archaic industry and one of the last to embrace technology and collaborative innovation. The global pandemic has further exacerbated supply chain bottlenecks, accelerating the need for digital transformation.

Investors were drawn to KlearNow’s platform as it eases import/export burdens by digitising and streamlining complex paper-based logistics processes – reducing manual entry times and human errors. The platform takes the digitised data to power its customs clearance marketplace, providing an unprecedented level of real-time end-to-end visibility, collaboration, and cost savings for its customers.

Since its $16m Series A funding round led by GreatPoint Ventures in January 2020, KlearNow has grown exponentially, increasing its customer base tenfold and its monthly revenue run rate by more than 50 times. During this time, US-based KlearNow has expanded into Canada, and launched its UK service in January 2021 to support UK and EU businesses operating in the post-Brexit landscape.

KlearNow recently added a drayage marketplace to its smart LaaS platform to support drayage companies facing planning and scheduling challenges and importers demanding extended visibility. With both customs clearance and drayage marketplaces, KlearNow provides a single view of multi-leg shipments from port of lading to the warehouse. The Series B investment strengthens KlearNow’s position as the go-to digital supply chain solution for businesses that trade across borders.

“This latest round of funding enables us to aggressively accelerate our technology development and deployment, geographical expansion, and talent investments, helping us transform supply chains that power commerce,” said Sam Tyagi, KlearNow Founder and CEO. “We are excited to have strategic partners and investors with deep knowledge in this space, and we believe that with their support, our technology can lead to a meaningful, sustainable impact on global supply chains.”

“The supply chain and logistics industry is primed for incredible disruption in the upcoming years, and continued investment in technology and tech-enabled infrastructure is a critical component of the solution,” said Nishita Cummings, Managing Partner and Co-Head of Growth Equity at Kayne Partners. “KlearNow is the leading technology partner in this space, with an advanced AI-based platform that removes friction in moving goods across borders in an easy, efficient, and cost-effective manner.”

Ashok Krishnamurthi, Managing Partner at GreatPoint Ventures, added: “We are more excited than ever to have partnered with KlearNow. Digitalisation has become mission-critical for supply chain logistics. KlearNow provides tremendous value for the supply chain logistics ecosystem, demonstrated by the rapid adoption of its platform by importers, transporters, brokers, and freight forwarders.

“We are thrilled that KlearNow has continued to expand beyond real-time shipment visibility, offering new unified workflows. During the pandemic lockdowns when the world and companies needed work from home capabilities, KlearNow stepped up, unshackling employees from the office, scanners, and fax machines. With a smart digital solution, supply chain logistics teams were able to work remotely from home and leave the paper world behind. Visibility, productivity, and sustainability are a great combination.”

Tanger Med reports container traffic record

Posted on by Keith McKinley

7,173,870 TEU of containers were handled in Tanger Med port complex, up by 24% compared to 2020. This traffic results from the steady ramp-up of Tanger Med 2 port after the successive commissioning of the terminals TC4 in 2019 and TC3 in 2021.

This result confirms the leadership of Tanger Med in the Mediterranean and Africa, and consolidates the position of this major hub for global maritime alliances led respectively by Maersk Line, CMA CGM and Hapag Lloyd.

101,054,713 tons of goods were handled for the first time in Tanger Med port complex, up by 25% compared to 2020. Indeed, the tonnage handled by Tanger Med port complex represents more than 50% of the overall tonnage handled by all Moroccan ports.

The port complex handled 407,459 trucks in 2021, up by 14% compared to 2020. This traffic was mainly driven by the resumption of industrial exports as well as by the good performance of the agricultural season and agro-industrial exports.

429,509 new vehicles were handled at the two vehicle terminals of Tanger Med port in 2021, an increase of 20% compared to the previous year. The traffic mainly includes:

  • 278,651 Renault vehicles including 250,532 for export
  • A rise in exports of PSA vehicles: 100,030 cars exported

Liquid bulk traffic has increased by 9% compared to 2020. It recorded a total traffic of 8,744,900 tons of hydrocarbons handled. Solid bulk traffic recorded a total of 342,804 tons processed, an increase of 13% compared to 2020 driven by the traffic of steel coils, wind blades and grain. 587,320 passengers crossed Tanger Med Port in 2021, down by 14% from 2020. 10,902 vessels called at Tanger Med in 2021, up by 12% from 2020. Over the past year, the port complex has welcomed nearly 929 mega-ships (over 290m in size).

These performances accomplished during 2021 affirm the position of the port complex as a major strategic hub but also its key role as a privileged logistics platform serving the national logistic competitiveness.

The achievements are the result of the continued collaboration of all the partners of Tanger Med port complex. Particularly ship-owners, concessionaires, local authorities and administrations.

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