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A supply chain is made up of all the businesses and persons involved in the manufacture of goods, from raw materials to finished items. Logistics include shipment, storage, delivery services, transportation, and commercial shipping. The thorough planning and execution of a complex automobile transportation operation is referred to as automotive logistics.
It includes all forms of transportation, including rail, truck, and maritime. The transportation of auto components, replacement parts, and entire automobiles from supplier to customer is known as automotive logistics, and the key functions include transport, warehousing, unloading, loading, distribution, and data processing.
Its goal is to give the highest possible quality of service at the lowest feasible operating cost, and it is distinguished by its complexity, competency, and major infrastructure and labour investment.
The Egypt Automotive logistics market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
NYK Establishes First Exclusive RORO Terminal in Egypt.In order to establish and run a specialised vehicle port in East Port Said in Egypt, NYK, Bolloré Africa Logistics (Bolloré), and Toyota Tsusho Corporation (Toyota Tsusho) have signed a contract with the General Authority for the Suez Canal Economic Zone.
The Alexandria port, which now handles virtually all of Egypt’s automobile imports, is a multifunctional port that sees a variety of goods and lacks storage capacity. The automotive market in Egypt is anticipated to increase along with population expansion and economic development. Therefore, the consortium’s plans to build and run a new specialised vehicle terminal will be well appreciated.
The new port, which would be the first exclusively RORO terminal in Egypt, will include a wharf space where two large Pure Car and Truck Carriers (PCTC) may berth at once. The facility will also provide enough room for car storage to meet rising demand in the future.
The achievements and expertise that Toyota Tsusho has gained in a variety of businesses inside Egypt and the skill and expertise that NYK has gained in its automotive transportation and terminal operations throughout the world will be combined with those that Bolloré has amassed through its port operations in Africa in order to produce a rather valuable service from the three companies.