The financial collapse of Sunset Logistics Inc. and its affiliated companies has sent ripples through the logistics industry, signaling a significant disruption. Sunset Logistics, along with five related entities, formally filed for Chapter 7 bankruptcy, marking a dire financial declaration with
China is making significant strides in addressing the "last-kilometer" challenge in rural logistics, ensuring effective parcel delivery in rural areas as a key component of the country's broader strategy to boost rural economic development and integrate these regions into the national economy. By
The upgraded Solent Rail Terminal in Southampton stands as a testament to remarkable advancements in container handling operations. Owned by DP World and forming an integral part of the larger Port of Southampton complex, the terminal's recent multi-million-pound upgrade has led to significant
In a strategic move to enhance air cargo operations and optimize logistics services, Saudia Cargo and the Royal Commission for AlUla (RCU) have signed a Memorandum of Understanding (MoU). This collaboration aims to position AlUla as a leading global destination by ramping up the efficiency of air
In a bold move to transform India's economic landscape, Nitin Gadkari, the Union Road Transport and Highways Minister, has announced plans to reduce the country’s logistics costs to single digits within the next two years. Currently, logistics expenses in India are alarmingly high, making up
Peninsula's recent announcement to expand its physical supply operations into Abu Dhabi and Jebel-Ali ports is a significant move in the maritime fuel supply industry. This expansion is part of a strategic plan to enhance their service offerings in the Middle East, marking a critical development in
