Maman Cargo Terminals and Handling Ltd.

A provider of logistics and aviation services. The group’s subsidiaries supply management and operation services to cargo terminals in Israel, including logistics, storage, distribution, bonded warehousing services, and international delivery.

The group operates a cargo terminal at Ben Gurion airport which provides storage, import-and-export services, and handles hazardous and climate-controlled materials. The terminal processes approximately 70% of all the cargo that passes through Ben Gurion Airport, estimated at 300,000 tons annually.

Through its subsidiary, Logisticare, the group operates storage sites at the Lod industrial zone, "Airport City", Kadima, and nearby the Ashdod and Eilat harbors.

Maman's predominance in the cargo services field, especially its terminal at Ben Gurion airport, makes it a major beneficiary from the Israeli occupation of Palestinian territories and from the joint customs arrangement (as designed in the Oslo Accords). "Quality and security reasons," in conjunction with economic and political justifications, creates a captive Palestinian market for Israeli and multinational companies.

Each shipment to the OPT is delayed for security inspection for a period ranging from several days to several weeks, even in cases where a license has been obtained and the shipment passed security at a European airport. During the waiting period, the goods are usually stored in warehouses inside or near the terminal. The security checks, logistics, and storage are performed by private Israeli companies, primary among them Maman, and the costs are paid for by Palestinian manufacturers and importers. No alternative for the import of certain goods and raw materials is available to the Palestinian population.

The company provides archive services through its subsidiary companies Archive 2000, Archive Jerusalem, and PSBedi-Maman. Archive 2000 and Archive Jerusalem operate an archiving facility in the Ma'ale Adumim settlement Industrial Zone.

For further information, check our report on the Pharmaceutical Industry: Captive economy.

Stock symbols

nasdaq : mgic

Reasons included