DSV Panalpina rumored to show interest in buying DB Schenker
DENMARK : DSV Panalpina is rumored to be interested in acquiring Deutsche Bahn’s logistics division, DB Schenker. The company’s head of investor relations calls the rumors “pure speculation”, according to Bloomberg News. DSV recently
DP World is an important partner of Uzbekistan in the field of logistics and digitalization of foreign trade
Tashkent, Uzbekistan : The Deputy Prime Minister – Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov met at the Ministry of Investment and Foreign Trade with the leadership of
Mapping and logistics startup NextBillion raises $6.25M
SINGAPORE : NextBillion, a geospatial data startup that provides software-as-a-service products for enterprises, today announced it has raised $6.25 million from Microsoft venture fund M12. The firm’s investment extends NextBillion’s $7 million series A
Röhlig Logistics further expands its global network and opens two new offices in India
BREMEN : Röhlig Logistics is expanding its network in India with two more offices in Hyderabad and Vizag. The two locations were chosen due to their growing potential for customers from the pharmaceutical industry as well
Concor extends 50% rebate in empty box movements till March 2022
NEW DELHI : India’s export-import trade, weighed down by record high ocean shipping rates for containers, will benefit from the extension in rebate period for inland haulage movements. “In view of the overwhelming response
P&O Maritime Logistics launches new inland river route from Caspian Sea to DP World Yarimca
Istanbul, Turkey – A new container and breakbulk shipping line from Marmara to the Caspian Sea, via the Russian inland waterways, saw the completion of its trial voyage at the end of last month, connecting
Agility Reports KD 12.6 Million Net Profit for the First Quarter 2021
KUWAIT : Agility, a leading global logistics provider, today reported its first quarter 2021 earnings of 6.01 fils per share on net profit of KD 12.6 million, an increase of 28.7% over the same period
COSCO SHIPPING launch Land – Sea Express Train between Piraeus – Sofia
SHANGHAI : The first COSCO SHIPPING “Piraeus-Sofia” Land-Sea Express Train begins its operations. The first “Piraeus-Sofia” Land-Sea Express Train with 29 COSCO SHIPPING containers departed from the Piraeus Container Terminal in Greece at 4:00