DHL Global expands its CFS space in Bangladesh
DHAKA : Amid severe warehouse scarcity in Bangladesh, DHL Global Forwarding, the freight specialist arm of Deutsche Post DHL Group, has invested over US$2.2 million to expand its
Bolloré Logistics opens K-HUB in South Korea
SEOUL : On 14th April 2023, Bolloré Logistics celebrated the official opening of K-HUB, its newest warehouse and distribution center in South Korea. Situated in Geomdan, the entire
World Bank LPI Report : JNPA’s efficiency helps India gain top spot
MUMBAI : A month after the record handling performance for the last FY, Jawaharlal Nehru Port Authority (JNPA), India’s premier container port, has achieved another feat when it
UP Govt to set up manufacturing and logistics clusters along expressways
LUCKNOW : The Uttar Pradesh Government is contemplating setting up manufacturing and logistics clusters spread over 600 hectares alongside the expressways. UP has the longest network of expressways
There is a need to bring down logistics cost to 9% of the GDP : Report
NEW DELHI : India’s revolutionary digital infrastructure is primarily driving transformation in the logistics sector, enabling seamless operations and greater operational efficiency. Experts feel that the country’s improved
CMA CGM confirms first Car Carrier Charter for CEVA Logistics
MARSEILLE : CEVA Logistics, part of the CMA CGM Group, confirmed the rumor circulating for weeks that they will be entering the car carrier segment chartering four vessels.
Future links between Bangladesh & India to shape by multimodal connectivity
DHAKA : Indian High Commissioner to Bangladesh Pranay Verma said the future links between Bangladesh and India would be shaped by multimodal connectivity, including through road and rail,
The world’s fastest-growing ride-hailing service inDrive.Freight launches service in India
CALIFORNIA : inDrive.Freight, a same-day and on-demand service to find delivery options for any 20+kg freight by inDrive, is launched in India. Its unique feature is the ability
Industrial and warehousing demand rises 11% YoY in Q1
NEW DELHI : Leasing of industrial and warehousing space rose 11 percent year-on-year (YoY) to 7.2 million square feet (msf) during the January-March period across five major cities,
Container shipping under pressure globally due to high interest rates : S&P Global Commodity In
SINGAPORE : Container shipping, globally, will be “under pressure” because of high interest rates and inflationary pressures across developed economies; which in turn brings in “recessionary traits”, says
