Alibaba Group said on Tuesday it was offering to buy the 36% of Cainiao it does not already own for up to $3.75 billion, abandoning plans for an initial public offering (IPO) of the logistics business in Hong Kong.
India Business News: New Delhi: Indian drone major IdeaForge is now going to enter "logistics at scale" by developing unmanned aerial vehicles (UAV) that can carry payload.
The digitization of logistics management has historically over relied on human intervention, falling short of achieving an optimal level of automation.
Africa's logistics industry is undergoing a transformation. Women are on the rise, bringing fresh perspectives and filling crucial talent gaps. This trend is driven by a combination of factors,...
PETALING JAYA: The government says it will widen the scope of the 6% service tax exemption for the logistics sector, especially for business-to-business (B2B) transactions.
The European retailer Pepco has rented a logistics warehouse in Cabanillas Park II, in Cabanillas del Campo (Guadalajara), owned by Merlin Properties. This operation represents a significant move for Pepco’s expansion in southern Europe, aligning with its growth plan in the Iberian Peninsula. The warehouse, which Pepco will occupy in the third quarter of the
By Stephen Nakrosis VSE on Thursday said it agreed to acquire Turbine Controls, provider of aftermarket maintenance, repair and overhaul support services,...