In a significant move that underscores its commitment to bolstering global trade, Danish shipping giant Maersk has announced a $250 million investment to develop the largest single-site logistics and services facility in the Middle East at Saudi Arabia's Jeddah Islamic Port. This ambitious
In a significant move to enhance trade and transport connectivity along the Belt and Road Initiative, a second TIR logistics hub has been inaugurated in Urumqi, western China. This new hub, accredited by the International Road Transport Union (IRU), aims to consolidate essential logistics services
As Kashmir inches closer to its first assembly elections since the abrogation of Article 370, the significance of robust security and logistical arrangements cannot be overstated. The region, known for its legacy of political volatility, is poised for a critical juncture that aims to restore
The recent announcement of DEFCON AI's successful acquisition of $44 million in seed funding marks a significant milestone in the realm of military logistics and technology. This substantial investment is directed towards expanding the company's team, bolstering research and development
Canada's two largest rail companies, Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC), are facing a significant labor dispute with the Teamsters Canada Rail Conference (TCRC), which represents over 9,000 employees. A potential nationwide work stoppage could begin on
As Canada faces a looming labor dispute involving its two primary railroads, Canadian National Railway and Canadian Pacific Kansas City (CPKC), there is growing concern about the potential broader impacts on the nation's economy. The possibility of simultaneous work stoppages starting as early
In a world increasingly focused on sustainability, addressing the emissions from Light Commercial Vehicles (LCVs) in the logistics sector has become crucial. A recent report by McKinsey & Company identifies LCVs as significant contributors to air pollution, responsible for around 40 percent of
Industrial robots are revolutionizing the field of internal logistics, particularly within the manufacturing sector. The advent of advanced robotics has not only enhanced productivity but also improved safety and operational efficiency in factories. This shift is primarily driven by the integration
A potential rail lockout by Canadian National Railway and Canadian Pacific Kansas City rail lines has poised the Canadian logistics sector on the brink of significant disruption. The 72-hour notice issued on August 18 could culminate in halted rail operations beginning August 22, potentially
The logistics sector in South Africa has emerged as one of the most pressing issues threatening the nation's economy, with industry experts noting it has eclipsed the longstanding energy crisis. In a concerted effort to address this alarming situation, President Cyril Ramaphosa and his