Logistics funding drops 90% in two years : McKinsey
After reaching an unprecedented $25.6 billion in 2021, venture funding for logistics start-ups fell to just $2.9 billion in 2023 — a two-year plunge of nearly 90 percent, and the lowest level of funding
Transforming India’s Road Infrastructure – Connecting India like never before
NEW DELHI : India’s road infrastructure has seen significant advancements over the past decade, driven by the Government’s dedicated efforts and strategic initiatives. From enhancing national highways and promoting environmental sustainability to improving rural
Bahri’s profits soar by 48% in Q2 2024, boosted by higher shipping volumes
RIYADH : The National Shipping Company of Saudi Arabia (Bahri), listed on the Saudi Exchange, announced its financial results for the second quarter and first half of 2024. The shipping and logistics provider reported
Exim operations are hampered by heavy rains, and cargo builds up at Gujarat ports
GANDHIDHAM : The current spate of intense rain in Saurashtra and Kutch has severely impacted the export and import activities at Kandla and Mundra Ports. Due to the heavy rains over the past seven
Union Budget 2024 – A catalyst for India’s logistics and economic growth : Vineet Agarwa…
The Union Budget 2024 like earlier years continues to set upward trajectory for the Indian economic landscape. Infrastructural development and fiscal prudence being the major considerations in the approach, it is set to have
Third Party Logistics Players, in Chennai and Delhi-NCR drive industrial & warehousing demand i…
CHENNAI : The industrial and warehousing sector across India’s top five cities saw robust activity in the first half of 2024, with approximately 13 million sq ft of leasing activity and a 17 per
CMA CGM reports strong quarter amid Geopolitical Tensions
MARSEILLE : CMA CGM has reported robust demand for cargo shipping in its second-quarter 2024 results, despite ongoing geopolitical tensions. The company said it delivered a strong performance with increased cargo volumes, driven by
DP World receives the Authorized Economic Operator-Logistics Operator (AEO-LO) program accreditation…
MUMBAI : DP World, a leading provider of worldwide, smart, end-to-end supply chain solutions, has received the prestigious AEO-LO (Authorised Economic Operator for Logistic & Terminal Operators) certification. The certification, under the aegis of