The global e-commerce logistics market is projected to exceed $2518.28 billion by 2031, reflecting an impressive annual growth rate of 25.09%. This surge is largely driven by advancements in technology, increased demand for online shopping, and a growing focus on sustainable logistics solutions. As the e-commerce sector continues to expand, so does the need for…
A leading logistics provider is engaging in discussions with Indian airlines to utilize its state-of-the-art terminal facilities in Hong Kong, aiming to enhance connectivity and streamline supply chain operations between India and Hong Kong. This collaboration seeks to leverage advanced infrastructure to optimize cargo handling, particularly for high-volume and time-sensitive shipments. By showcasing the benefits…
Australia’s logistics market has received a substantial boost with an investment of A$536 million, signaling growing confidence in the nation’s supply chain infrastructure. This strategic infusion of capital involves key international investors from Asia, underscoring the global interest in Australia’s logistics potential. The investment focuses on a premier portfolio of 11 multi-tenanted logistics estates located…
In a groundbreaking move towards greener operations, a major logistics provider has announced a substantial investment in electric trucks. The company plans to integrate 50 electric trucks into its fleet by the end of 2025, transforming a third of its current vehicle lineup. This initiative highlights a significant shift in the logistics industry towards more…
Recent agreements between companies in China and Germany are paving the way for enhanced economic and trade cooperation, particularly in the supply chain sector. These pre-agreements, finalized during a special event in Dusseldorf, are aimed at fostering greater collaboration and participation in the upcoming international supply chain expo in Beijing. The event brought together representatives…
A recent conference in Bangkok marked a significant step forward in enhancing supply chain integration between Chinese companies and Thai suppliers. The event successfully formalized agreements with key industry players, aimed at expanding product availability and streamlining operations for local partners. This initiative is set to significantly benefit the supply chain network in Thailand. Held…
A group of property developers and construction firms in Hong Kong has come together to address the significant carbon emissions embedded within construction materials and the broader supply chain. These companies aim to implement industry-wide standards that prioritize the procurement of low-carbon materials as part of a broader climate-action initiative. The group is working to…
Peru is poised to become a major player in regional logistics with the imminent launch of its latest port infrastructure this November. This cutting-edge facility is set to revolutionize the supply chain between South America and Asia by dramatically reducing shipping times and cutting logistics costs. The new port’s advanced automation and modern design will…
Exciting developments are on the horizon as the US prepares to implement new tailpipe emission standards aimed at boosting electric vehicle (EV) sales. This shift presents a promising opportunity to advance sustainable transportation and reduce carbon emissions. With the rise in EV demand, the supply chain for key minerals like cobalt, graphite, lithium, and nickel…
A prominent software-as-a-service platform dedicated to improving supply chain sustainability has successfully raised $15 million in its latest funding round. This investment will accelerate the development of advanced solutions aimed at enhancing transparency and efficiency in the fashion and textile industries. The new funding will support the incorporation of artificial intelligence and process automation to…