Page 7 - Logistics Sector News Today

India’s Logistics Sector: The disproportionately high cost is a major challenge confronting the Indian logistics sector. This directly impacts the global competitiveness of Indian businesses. To shape the future of transportation and logistics, companies should adopt a distinct strategy, focusing on essential imperatives such as envisioning the future, achieving operational excellence, keeping up to date with emerging technology, and unifying customer data, to ultimately deliver better c...

With a steadfast commitment to customer satisfaction, the company has introduced groundbreaking initiatives

Saudi sovereign wealth fund PIF (Public Investment Fund) has

Saudi wealth fund PIF said it has acquired a 40% stake in Zamil Offshore, a leading Saudi-based offshore support vessel operator and construction service provider, in a move aimed at further contributing to the development of Saudi Arabia’s energy base.

NDR InvIT Managers Private Limited is the Investment Manager and Axis Trustee Services Limited is the Trustee for the NDR InvIT Trust.

Stéphane Eholie, CEO of Société Ivoirienne de Manutention et de Transit, explains what the company is doing in terms of quality, ISO certification and social responsibility.

Food delivery giant Zomato secures its largest warehouse yet, spanning 300,000 sq ft in Bengalurus Sumadhura Logistics Park. The park, investing Rs 600 crore, plans expansion to 6 million sq ft. With the logistics sector booming, the move aligns with Indias industrial growth, driven by initiatives like Make in India and PLI schemes. Zomatos Q3 report shows a quadruple increase in profit to Rs 138 crore, with a revenue surge of 69% to Rs 3,228 crore.

Nearly 80% of India’s trade with Europe passes via the Red Sea. But soaring shipping costs and rising oil prices are stoking fears of renewed inflation | World News

With Indias warehousing industry warming up to the idea of big-ticket investments in automation technologies, it provides tremendous opportunities for startups that manufacture products locally and cater to specific customer needs. While they enjoy a distinct cost advantage, there are many challenges to overcome.

Dublin, Jan. 04, 2024 (GLOBE NEWSWIRE) -- The "Vietnam Logistics Market Outlook to 2027" report has been added to ResearchAndMarkets.com's offering. The Vietnamese Logistics market size has shown increases from 2017 to 2022. There was a decline after 2019 due to restrictions imposed during covid-19; however, the conditions have been better as the market has recovered from Covid 19. The logistics sector in Vietnam is growing due to a surge in the e-commerce sector in response to Co...