The recent announcement by the International Road Transport Union (IRU) regarding the opening of a second TIR logistics hub in Urumqi, western China, marks a notable step in enhancing trade routes between Asia and Europe. This development is a significant part of China's expansive Belt and Road
Supply chain disruptions have emerged as a significant concern in the context of global commerce, with delays at pivotal points like the Panama and Suez Canals illustrating the vulnerabilities within this network. The challenges are not restricted to commercial entities; federal supply chains face
Investing can be complex, with a plethora of information to sift through and numerous strategies to consider. TipRanks, a financial analysis and research platform, aims to simplify this process for investors of all levels. Offering an array of tools and resources, TipRanks helps investors make
Oman Post and OTaxi have forged a strategic alliance to significantly upgrade parcel delivery services in Oman, a move that aligns with the ambitious Oman Vision 2040 objectives. This collaboration underscores Oman Post’s dedication to leveraging private sector engagement to enhance postal services
The initiative to transform the Avonmouth Docks in Bristol into a significant carbon capture and shipping hub has gained momentum, with a major focus on utilizing existing rail infrastructure. Conducted by Apollo, an Aberdeen-based engineering consultancy, the study under the "7CO2 Carbon Capture
Canada's federal government has swiftly intervened to resolve an industrial dispute that had paralyzed the operations of two of the nation’s largest railway companies, Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC). The disruption posed a significant threat to supply chains
The logistics giant Palletline has announced it will be closing its operation in Wrexham, North Wales, a move that puts over 50 jobs on the line. This decision comes barely two years after the company acquired the logistics hub. Despite a recent rebranding effort aimed at strengthening their market
The Port of Oakland has recently become involved in the United States Department of Transportation’s (USDOT) Freight Logistics Optimization Works (FLOW) initiative, a national effort designed to enhance the integration of the supply chain across the country. This collaboration aims to create a
IntelliShift, a pioneering fleet intelligence platform, has unveiled a new benchmarking feature designed to elevate performance standards across fleet safety and operations teams. By aggregating performance data from its extensive customer base, this groundbreaking tool offers valuable, actionable
The rapid evolution of technology continues to redefine countless industries, and logistics is no exception. One of the most transformative innovations reshaping modern logistics is drone package delivery. With the global drone package delivery market projected to reach USD 8,572.49 million by 2032