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October 21, 2026
The Industry
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Industry News

IBCL receives first shipment, paves way for trade efficiency in South-West

IBCL (International Bulk Cargo Logistics) has achieved a milestone with the arrival of its first shipment at its Itori bonded terminal, marking a transformative step in decongesting Lagos ports and enhancing trade efficiency in the South-West.

The shipment, belonging to Azman Group, was transported by rail from APMT Terminal Apapa to Itori, with 70 TEU containers and under Wale Oladiran’s leadership, IBCL aims to redefine cargo transportation, integrating road, rail, and inland waterways for seamless trade operations, reducing congestion and accelerating cargo movement.

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Mr. Oladiran, stated that the company’s goal is to build a logistics ecosystem that enhances trade while easing pressure on road networks, with the inaugural shipment showcasing the capability to handle bulk cargo efficiently and offering businesses a faster, safer, and more cost-effective transportation alternative.

In addition, IBCL’s innovative intermodal approach streamlines cargo transport, reducing truck traffic and optimizing goods movement while the game-changing strategy is set to decongest Lagos ports, and accelerate turnaround times for importers and exporters.

As a key partner in Nigeria’s economic growth, IBCL is poised to deliver seamless, reliable, and scalable logistics solutions while it is inviting businesses, manufacturers, and stakeholders to capitalize on this initiative, enhancing supply chain efficiency and regional trade.

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