Page 11 - Logistics Services News Today

The domestic market paused on the final trading day of the week, having earlier reached yet another record high, buoyed by positive cues from global markets. Noteworthy strength was observed in the capital goods and industrial sectors, bolstered by advancements in both manufacturing and services.

On Wednesday, 1391 stocks advanced, 2451 declined and 100 remained unchanged, with an advance decline ratio of 0.56 on the Bombay Stock Exchange (BSE), indicating negative closing of stocks in broader markets.

TechTaka, a South Korean online shopping fulfillment startup that provides third-party logistics services for e-commerce sellers, has raised $9.5 million (12.6 billion KRW) in a Series B round of funding from a sole investor, Altos Ventures. The outfit helps e-commerce sellers manage the supply chain, from warehousing, order packing and shipping, so that TechTaka users can focus on product and marketing. The startup also provides a SaaS operating system to optimize the online vendors' sup...

The cornerstone for the new Bahri Logistics Center has been laid at Jeddah Islamic Port in Saudi Arabia. 

The Saudi Ports Authority (MAWANI) aims to achieve the National Transportation and Logistics Strategy (NTLS) goals by consolidating Saudi Arabia's position as a global logistics center and a hub linking three continents. It is seeking to increase private sector investments in ports and conclude contracts and agreements to establish new logistical zones and achieve a qualitative and comprehensive shift in work and operation mechanisms and logistical support in Saudi ports.

These small-cap stocks are poised to 3X by 2026, featuring financial stability, strategic energy assets, and diversified revenue streams.

Addentax Group (NASDAQ:ATXG – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported ($0.22) earnings per share (EPS) for the quarter, reports. The firm had revenue of $1.47 million during the quarter. Addentax Group had a negative net margin of 53.47% and a negative return on equity of 22.17%. Addentax Group […]

Addentax Group Corp. (NASDAQ:ATXG – Get Free Report) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 13,300 shares, a decrease of 46.2% from the January 15th total of 24,700 shares. Currently, 0.3% of the shares of the company are sold short. Based […]

Get ready, Philippines! The on-demand logistics market is experiencing an exciting surge, fueled by booming e-commerce, rising smartphone penetration, and a growing demand for convenience. Ken Research's "Philippines On-Demand Logistics Market Outlook to 2026" report predicts a phenomenal 14.8% CAGR, translating to a substantial $5.2 billion market size by 2026. This press release unlocks the key drivers, challenges, and promising prospects shaping this dynamic landscape.

/PRNewswire/ -- Buckle up, New Zealand! The nations dynamic logistics market is on the cusp of a significant surge, driven by its strategic location, strong...