‎Batic’s Mubarrad owns fleet of 1,000 containers, expects over SAR 96 mln contracts

Logo of Batic Investments and Logistics Co.


Saudi Transport and Investment Co. (Mubarrad), which is owned by Batic Investments and Logistics Co., said that its fleet of refrigeration trucks has 1,000 containers, adding that more 44 containers will join the fleet by mid-2022.

The operating contracts of the fleet were valued at over SAR 68 million in 2021, the company told Argaam, noting that it expects more than SAR 96 million worth of deals this year.

Mubarrad also cited higher demand for refrigerated transport and dry bulk, adding this encourages the company to pursue expansions and add new containers after analyzing the fleet performance in terms of productivity, fuel and maintenance cost control and all operating expenses.

Note: This article have been indexed to our site. We do not claim legitimacy, ownership or copyright of any of the content above. To see the article at original source Click Here

Related Posts
U.S. Senate $1.66 trillion gov't funding bill secures enough votes to advance thumbnail

U.S. Senate $1.66 trillion gov’t funding bill secures enough votes to advance

Quotes All Instrument Types All Instrument TypesIndicesEquitiesETFsFundsCommoditiesCurrenciesCryptoBondsCertificates Please try another search Economy Dec 20, 2022 06:50PM ET © Reuters. FILE PHOTO: The U.S. Capitol building is seen in Washington, U.S., September 4, 2022. REUTERS/Elizabeth Frantz WASHINGTON (Reuters) - A $1.66 trillion bill to fund the U.S. government secured enough support to advance in the Senate's
Read More
Kier and Galliford audits by PWC ‘under investigation’ thumbnail

Kier and Galliford audits by PWC ‘under investigation’

The accounting watchdog has launched an investigation into PWC’s auditing of Kier and Galliford Try's accounts. The Financial Reporting Council (FRC) started looking into PWC's work on the contractors' accounts after concerns were raised during a routine quality check, according to the Financial Times. The treatment of long-term contracts and revenue recognition is reportedly being…
Read More
In Portugal, despite the record number of infections, the quarantine will be shorter thumbnail

In Portugal, despite the record number of infections, the quarantine will be shorter

2021-12-30 17:15publikacja2021-12-30 17:15fot. Miquel Rosselló Calafell / / PexelsPomimo nienotowanej od początku pandemii liczby dobowych infekcji koronawirusem rząd Portugalii zatwierdził w czwartek przepisy skracające przymusową izolację dla chorych na COVID-19 z dziesięciu do siedmiu dni. Podczas czwartkowej konferencji w Lizbonie Graca Freitas z ministerstwa zdrowia wyjaśniła, że skrócenie okresu izolacji społecznej dotyczy tylko tych pacjentów, u…
Read More
US senators propose AI bills for transparency and innovation thumbnail

US senators propose AI bills for transparency and innovation

The bipartisan bills target government transparency when using AI and the formation of a new Office of Global Competition Analysis to stay on top of innovation. 4150 Total views 35 Total shares Lawmakers in the United States have proposed two new bipartisan bills targeting issues of transparency and innovation in artificial intelligence (AI). On June 8
Read More
6 influential digital currency trends that emerged in 2021 thumbnail

6 influential digital currency trends that emerged in 2021

The blockchain and digital asset industries are fast-moving, in the 12 years Bitcoin has existed, we have seen many influential trends in the blockchain and digital currency space come and go. Initial coin offerings (ICOs) used to be wildly popular but now they are virtually non-existent, and on the flip side, non-fungible tokens (NFTs) have…
Read More
Index Of News
Consider making some contribution to keep us going. We are donation based team who works to bring the best content to the readers. Every donation matters.
Donate Now

Subscription Form

Liking our Index Of News so far? Would you like to subscribe to receive news updates daily?

Total
0
Share