July 2024

Vietnam’s Logistics Sector Embraces Sustainable Supply Chain Practices

Industry InsightsBy Geraldine Sara July 18, 2024

A recent government resolution in Vietnam has emphasized the need for sustainable supply chain development within the logistics sector, aiming to enhance the country’s competitiveness and bolster its logistics services. Green supply chains, once considered a trend, are now recognized as essential practices encompassing environmentally-friendly production and sustainable operations. Representatives from business associations and enterprises…

Collaboration Set to Transform Global Supply Chain Operations

Industry InsightsBy Geraldine Sara July 18, 2024

A significant partnership has been forged in the logistics and supply chain sector, marking a milestone in global operations. Recently, a Memorandum of Understanding (MoU) was signed between two leading entities to expand their collaborative efforts and optimize supply chain efficiency on a global scale. The MoU signing ceremony took place at the headquarters of…

New Electric Three-Wheeler Revolutionizes Urban Logistics

Industry InsightsBy Geraldine Sara July 18, 2024

A new electric three-wheeler is making waves in the logistics sector, now available at a competitive price of INR 3,66,999. This innovative vehicle is poised to transform urban logistics with its advanced features and sustainability focus, catering to the rising demand for efficient and eco-friendly transportation solutions. The electric three-wheeler offers an impressive range of…

New Multimodal Corridor Enhances Auto Supply Chain Efficiency

Industry InsightsBy Geraldine Sara July 18, 2024

A new 2,600 km multimodal corridor has been launched, connecting the Belgian port city of Antwerp with Istanbul, Turkey. This innovative service is designed to significantly enhance logistics and supply chain efficiency across various industries, particularly the automotive sector.By combining road and rail transport, the new route reduces transit time from ten days to eight,…

Vietnam Seeks International Support to Tackle Rising Shipping Costs

Industry InsightsBy Geraldine Sara July 17, 2024

The Minister of Industry and Trade, Nguyễn Hồng Diên, has called on international logistics associations to provide practical solutions to help Vietnamese businesses address challenges posed by increased shipping freight rates, port congestion, and a shortage of empty containers. In a recent communication to a leading global logistics organization, Minister Diên highlighted the severe impact…

Autonomous Vehicle Innovation Takes Center Stage in UAE’s Logistics Sector

Industry InsightsBy Geraldine Sara July 17, 2024

A major development focused on aviation, logistics, and real estate has announced the successful completion of the first stage of the UAE’s autonomous vehicle trials. These trials were conducted on a designated route within a key logistics district. During the trials, hardware, software, and reliability of an unmanned electric truck were meticulously checked and validated…

UAE’s Autonomous Logistics Trials Advance Dubai South’s Innovation Agenda

Industry InsightsBy Geraldine Sara July 17, 2024

Dubai South, a prominent hub for aviation, logistics, and real estate development, has successfully completed the first phase of autonomous vehicle trials in collaboration with a logistics technology partner. These trials, conducted within the Dubai South Logistics District, aimed to validate the performance and reliability of an unmanned electric truck designed for industrial logistics. The…

Logistics Industry Poised for Growth Despite Port Challenges

Industry InsightsBy Geraldine Sara July 17, 2024

The global logistics sector is poised for significant growth, with projections indicating a 10% increase in activity by 2028, surpassing pre-pandemic levels seen in 2023. To meet this demand surge, the sector plans to introduce 57 new logistics hubs in addition to its current network of approximately 300 facilities worldwide. In response to environmental considerations,…

Global Logistics Provider Expands into the UK Market

Industry InsightsBy Geraldine Sara July 17, 2024

A prominent logistics and technology service provider for the luxury and fashion sectors is extending its European footprint with a significant new lease at a commercial park in East Horndon, Essex. This marks the company’s first facility in the UK, adding to its existing operations in China, the US, and Europe. The newly leased 126,000ft²…

Precision Engineering and Machine Tool Technology Show 2024 Set to Highlight Innovations in Manufacturing

Events, NewsBy master July 17, 2024

The Precision Engineering and Machine Tool Technology Show 2024 (PRECITECH) is scheduled to take place in India, offering a comprehensive platform for showcasing advancements in smart manufacturing and related technologies. The event will cover a wide range of areas within precision manufacturing, ancillary industries, and emerging technologies shaping the future of the sector. Scheduled to…

Monthly Archives: July 2024