Varuna Group to construct 30 warehouses over five years
GURUGRAM : Varuna Group, a Gurugram-based third-party logistics warehousing firm, wants to invest around Rs 500 crore to set up 30 ‘Grade A+’ warehousing facilities across the country in the next five years, according
DP World near deal to build Bangladesh’s largest rail ICD
DUBAI : Talks between UAE-based DP World and the government of Bangladesh are advancing regarding the construction of Bangladesh’s largest rail container depot in Gazipur district, close to the capital city of Dhaka. Last
Kerry Logistics Network announces double-digit profit growth in H1
Kerry Logistics Network (KLN) has announced its interim financial results for the six months ended 30 June 2021, presenting improved financial performance. In particular, the Asia-based logistics company reported a revenue of US$4.71 billion
Hapag Lloyd opens new quality service center in Vietnam
HAMBURG : Hapag-Lloyd has announced the establishment of a new Quality Service Center (QSC) in South-East Asia as part of its Strategy2023 ambition “to become number one for quality.” The new service center consists
MSC to push up European rates in September
GENEVA : The Swiss shipping line MSC will implement new rate increases for shipments in Europe that will take effect in September. Firstly, the Geneva-based carrier will rise its Freight All Kinds (FAK) rates
AI’s role in revolutionising the logistics in the post-pandemic era
Soham Chokshi, Founder and CEO, Shipsy shares insights on how AI helps tackle the logistics challenges posed by COVID-19 by bringing visibility to the entre supply chain Implementing Artificial intelligence (AI) is allowing companies to see
Sustainable shipping initiative EcoClipper announces first local agent for the Asia-Pacific region
ALKMAAR : EcoClipper has partnered with Wachter Oriental, trade facilitators and merchants, to represent the sail cargo company in India and the South Pacific. Wachter Oriental will become the first local agent to act
Digital container release with a blockchain option for German Ports
A new platform called “German Ports” will offer digital release for import containers with a blockchain option. German IT providers and port community system specialists DAKOSY AG and dbh Logistics IT AG have announced