Lulu Group to set up logistics, food-processing centre in Amritsar
ABU DHABI : Lulu Group, a renowned Indian-United Arab Emirates (UAE)-based multinational conglomerate company, is set to launch a logistics and food processing centre located in Amritsar, Punjab. The proposed centre, which will span 20 acres
Sudden container crunch sends ocean freight rates soaring, setting off global trade alarm bells
COPENHAGEN : A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the longer transits
Red Sea crisis: Container shortage & soaring shipping costs drive up cost of white goods
KIEL (GERMANY) : The ongoing conflict in West Asia, particularly in the Red Sea region has severely impacted global shipping, causing a significant increase in sea freight costs and disrupting the supply chains for
Share of passenger vehicle output geared for export at 10-year low in 2023
NEW DELHI : The share of Passenger Vehicle (PV) exports relative to total production in India reached its lowest in a decade in 2023, notwithstanding the government’s ambitions to transform the country into a
GEODIS wins Best Cargo Transportation Company Award at LogiSYM Awards 2024
SINGAPORE : Leading global logistics service provider GEODIS, received the Best Cargo Transportation Company Award at LogiSYM Awards, held in Singapore. The award, Best Cargo Transportation Company, recognises GEODIS’ expertise in the supply chain
How MatchLogs focusing on cutting costs, carbon emissions across logistics sector
MUMBAI : Mr.Dhruv Taneja, Founder & CEO of MatchLog Solutions, a company at the forefront of sustainable logistics, spoke to Bizz Buzz about MatchLog’s innovative solutions and their mission to reduce carbon emissions in
Can rail freight help fast-track India’s logistics growth?
Rail freight in India plays a pivotal role in the nation’s transportation infrastructure, moving 27% of all goods in the country across its 68,000-km network. With one of the largest railway networks in the
DHL’s new EV Center of Excellence in Shanghai to help companies in the electric vehicle ecosystem with their international expansion ambitions
SHANGHAI : DHL, the leading global brand in the logistics sector, has opened its latest electric vehicle (EV) Center of Excellence in Shanghai, China to support EV companies and its related sectors to grow