CEVA Logistics, a division of the CMA CGM Group, announced a strategic acquisition to strengthen its hold in the Turkish market through a definitive agreement to fully acquire Borusan Tedarik Zinciri Çözümleri ve Teknoloji Anonim Şirketi for $440 million. This transaction is subject to customary
The current scenario of impending U.S. auto tariffs sets the stage for a significant disruption within global automotive supply chains, posing profound challenges for the industry and the economy. With a critical tariff planned on imported auto parts, stakeholders are keenly observing the potential
The U.S. Commerce Department has launched a Section 232 investigation into the imports of medium- and heavy-duty trucks and their parts. Led by Commerce Secretary Howard Lutnick, this initiative aims to evaluate domestic production, demand levels, and global supply chain integration in the trucking
Rohit Laila is a seasoned expert in the logistics industry with a rich history spanning supply chain and delivery. He has passionately embraced technology and innovation to enhance the sector. Today, he shares insights into Moody Logistics and Storage’s driver apprentice scheme, a program achieving
Global logistics rents have experienced their first notable decrease in more than a decade, according to Prologis' report, “2024: Market Rents Reset After Years of Performance.” The report reveals a 5% drop in global logistics rents for 2024, including a 7% decrease in the U.S. and Canada and a 1%
In a bid to revolutionize fleet management and enhance operational efficiency, E-Training World has introduced significant upgrades to its online driver profiling and training platform. These upgrades are designed to give fleet managers enhanced control over their operations, allowing for more
