In a significant strategic move, Maersk has announced a $250 million investment in a comprehensive logistics park at Jeddah Islamic Port in Saudi Arabia, marking an essential step for the Middle Eastern logistics sector. This expansive initiative aligns seamlessly with Saudi Arabia's Vision 2030,
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
The strategic decision by Maersk to invest $2 billion in Pakistan’s port and transport infrastructure over the next two years signifies a pivotal moment for the country. This investment underscores Pakistan's growing importance in the global logistics landscape. It aligns seamlessly with Karachi’s
The Indian Institute of Technology (IIT) Roorkee and the Container Corporation of India (CONCOR) have embarked on a groundbreaking partnership aimed at transforming the logistics sector through dedicated research and innovation. Their collaboration is expected to significantly enhance the
ADNOC Logistics & Services (ADNOC L&S) has demonstrated impressive financial performance for the first half of 2024, with strategic growth initiatives underscoring the company’s robust health. The company announced a net profit of $401 million (AED 1,473 million) for the initial six months of the
CMA CGM is broadening its logistics services in the Democratic Republic of Congo (DRC) by enhancing its feeder system, aiming to bolster inland coverage to Kinshasa through the introduction of the intermodal Kinshasa product. This strategic expansion is a pivotal move by the company to leverage its
