XPO Logistics, a global leader in end-to-end logistics services, recently unveiled a groundbreaking multimodal transport corridor connecting Antwerp in Belgium and Istanbul in Turkey. Spanning an impressive 2,600 kilometers, this corridor integrates road and rail transport to streamline logistics
India's logistics sector is witnessing a remarkable growth trajectory, with projections indicating an impressive compound annual growth rate (CAGR) of 11% leading up to FY2027, according to a recent report by Rubix Data Sciences. The report estimates that the sector will burgeon to a staggering USD
The European Combined Transport (CT) sector witnessed a 4.25% rebound in the second quarter of 2024, marking a recovery from disturbances in the first quarter of the year. This positive performance uptick reflects cautious optimism among industry stakeholders, although future prospects for the
In recent years, South Africa has witnessed a significant transition from rail to road freight, a shift driven largely by the rampant theft of cables and destruction of rail infrastructure. This has resulted in higher environmental costs as trucks consume more fuel and emit more greenhouse gases
The recent expansion of the partnership between logistics solutions provider OneStop and freight specialist Intermodal Group (IMG) marks a significant development at the newly operational Kenwick Intermodal Terminal (IMT) in Western Australia. IMG has implemented OneStop’s Vehicle Booking System
The third train derailment in just six months on Sweden's Iron Ore Line, known locally as Malmbanan, has caught the nation's attention. This most recent mishap involved an iron ore train and took place near Ripats, nestled between Gällivare and Boden, during a track switch maneuver. As a result,