2024 - Page 34 of 86 - International Centre for Trade Transparency

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…

New National Distribution Center Planned for Significant Logistics Expansion

Industry InsightsBy Geraldine Sara July 16, 2024

Plans have been unveiled for a new national distribution center spanning 311,551 sq. ft. on a 25.1-acre site. Designed to meet BREEAM ‘Very Good’ standards and achieve an EPC A rating, the facility aims to set benchmarks in sustainability with Net Zero Carbon in Construction compliance. This initiative marks a pivotal step in a strategic…

Saudi Arabia and Romania Enhance Logistics Collaboration

Industry InsightsBy Geraldine Sara July 16, 2024

Saudi Arabia has entered into a formal agreement with Romanian authorities to enhance cooperation in logistics services, according to a recent report. A delegation led by the Saudi Minister of Transport and Logistic Services, Saleh bin Nasser Al-Jasser, is currently visiting Romania to solidify this partnership. During discussions with Sorin-Mihai Grindeanu, the Romanian Minister of…

Expansion of Major Logistics Company Boosts Colorado’s 76 Commerce Center

Industry InsightsBy Geraldine Sara July 16, 2024

The 76 Commerce Center in Brighton has reached full occupancy with the recent leasing of its last two available buildings to a leading supply chain logistics company. This significant addition brings the commerce center’s total leased space to 1.7 million square feet. Strategically located adjacent to Interstate 76, the commerce center already houses notable companies…

Innovative Logistics Hub in Shanghai Poised for Completion

Industry InsightsBy Geraldine Sara July 16, 2024

A state-of-the-art logistics hub in Shanghai’s Shihudang Town is nearing its final stages of construction, expected to be operational by December this year. Covering an expansive 210,000 square meters, this facility is set to become a pioneering example of efficient urban distribution and multi-modal transport solutions in East China. Phase II of the project boasts…

Investment Boosts Innovation in Logistics and Supply Chain Solutions

Industry InsightsBy Geraldine Sara July 16, 2024

A substantial Series A funding round of $20.5 million has been secured to advance cutting-edge solutions in logistics and supply chain management. Leading the investment are Titanium Ventures, with new investor Picus Capital and existing supporters RTP and Bonfire, marking a significant milestone in driving industry transformation and addressing critical operational challenges. “This funding represents…

Uttar Pradesh Proposes Rs 70.64 Billion Logistics Hub Project in Dadri

Industry InsightsBy Geraldine Sara July 15, 2024

The state government of Uttar Pradesh has announced plans to establish India’s largest logistics hub in Dadri with an investment of Rs 70.64 billion. This ambitious project aims to bolster infrastructure and spur economic development in the region, strategically located near the national capital region (NCR). The proposed logistics hub in Dadri is anticipated to…

Acquisition Expands European Time-Critical Logistics Services

Industry InsightsBy Geraldine Sara July 15, 2024

In a recent development within the logistics sector, an undisclosed buyer has acquired Logik Logistics International (Logik), a UK-based specialist renowned for its time-sensitive logistics solutions. This acquisition aims to bolster capabilities in time-critical and on-demand logistics services across Europe. The acquisition comes as part of the buyer’s strategy to enhance its service offerings, particularly…

The Future Role of Drones in Supply Chain Logistics

Industry InsightsBy Geraldine Sara July 15, 2024

In recent years, drones, once confined to science fiction, have emerged as pivotal tools reshaping various industries, particularly supply chain logistics. As consumer demands for faster and more reliable delivery services grow, businesses are turning to innovative solutions to streamline their operations. Unmanned Aerial Vehicles (UAVs), commonly known as drones, are at the forefront of…

Strategic Partnership to Develop Grade A Logistics Park in Dubai

Industry InsightsBy Geraldine Sara July 15, 2024

Two leading entities have signed a strategic agreement to develop a Grade A logistics park at National Industries Park (NIP) in Jebel Ali, Dubai. The partnership aims to capitalize on NIP’s strategic location near Jebel Ali Port and Al Maktoum International Airport, with excellent connectivity to major road networks such as the E11 and E311.…

Yearly Archives: 2024