In response to economic pressures, logistics companies are increasingly opting for used trucks, a trend driven by significant price hikes in the vehicle market. According to industry reports, prices for light commercial vehicles have surged in recent months. Vehicles in the 1.5 to 2 tonne segment saw prices rise by 38%, while the 2 to…
Saudi Arabia and Romania have recently signed a memorandum of understanding aimed at bolstering logistics services between the two countries. The agreement, sealed by Saudi Arabia’s Minister of Transport and Logistics Services, Saleh Al-Jasser, and Romania’s Minister of Transport, Infrastructure, and Communications, Sorin Grindeanu, signifies a mutual commitment to advancing operational standards in the sector,…
New Delhi: The upcoming 13th edition of the India Warehousing Show (IWS) is poised to make a significant impact on the logistics sector. Scheduled from 11th to 13th July 2024 at the Yashobhoomi, India International Convention & Expo Centre (IICC) in Dwarka, New Delhi, this event remains a pivotal gathering for logistics professionals, focusing on…
A recent report indicates that the supply of industrial and warehouse logistics parks (IWLP) is expected to grow by 13-14% year-on-year, reaching approximately 424 million square feet in the current fiscal year across eight major markets.The report forecasts absorption rates to reach 47 million square feet in FY25, up from 37 million square feet in…
The logistics sector is urging the newly-elected UK government to “kickstart growth” by collaborating with the country’s freight industry to fulfill its promised industrial strategy. Industry experts emphasize that logistics can significantly boost productivity across all regions and is crucial for driving economic growth. A key figure in the sector stated, “Logistics underpins all sectors…
Dates: July 26-29, 2024Venue: Pragati Maidan, New Delhi Revolutionizing the Future of Manufacturing Join us at Automation and Robotics 2024, India’s premier exhibition dedicated to the entire value chain of Automation & Robotics. With the manufacturing industry poised for significant advancements in automation technologies, this event serves as a crucial platform for industry professionals, innovators,…