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 project
DHL recently recognized TUX Mobility as the winner of the Fast Forward Challenge: Sustainable Solutions Asia Pacific edition, held in August 2024 in Singapore. The initiative is part of DHL’s ongoing effort to discover and support innovative sustainable solutions in logistics and supply chain
DHL's recently concluded Fast Forward Challenge: Sustainable Solutions Asia Pacific edition has spotlighted TUX Mobility, a Dutch-Indian startup, for its groundbreaking innovation in eco-friendly logistics—a self-charging solar-powered, light electric cargo vehicle. This award underscores DHL's
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
In an era defined by digital transformation, the U.S. last-mile delivery market is experiencing significant investment inflows. This wave of capital is driven by evolving consumer behaviors and the continued rise of e-commerce, necessitating advances in logistics and supply chain operations.
CMA CGM, a prominent player in global shipping and logistics, has made a strategic move to expand its European last-mile delivery capabilities with the acquisition of a majority stake in Colis Privé. This e-commerce-focused logistics company, which counts Amazon among its partial owners, represents
