Maersk announces new warehouse for electric car batteries near Hanover
HAMBURG : Maersk, together with the German project developer bauwo, is building a 20,000 square meter logistics center near Hanover for the storage and handling of electric car batteries and components to produce the
A.P. Moller – Maersk inaugurates its first warehouse & distribution facility in Cape Town, South Africa
CAPETOWN : A. P. Moller – Maersk (Maersk), a global integrator of logistics, today inaugurated its first warehousing & distribution (W&D) facility in Cape Town, South Africa. Present at the inauguration were Ryan Best,
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 dedicated Container Freight Station (CFS) space
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 site is strategically placed due to
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 ranking in logistics performance is a
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, driven by higher demand from third-party
KSH Distriparks invests in 40 new trailers to bolster its fleet strength
PUNE : KSH Distriparks, the most sought-after logistics service provider for best-in-class container logistics solutions in Pune for seamless transportation network, buffer yard solution, ocean imports, bonded warehouse facilities, and DPD transportation services has
PM Gati Shakti Master Plan gets award for Excellence in Public Administration
NEW DELHI : PM Gati Shakti national master plan initiative, launched in October 2021 for integrated and planned development of critical infrastructure projects to reduce logistics costs, received an award for excellence in public