A major global provider of lidar solutions has formed a strategic partnership with a leading autonomous driving solutions company. This collaboration aims to enhance various applications, including autonomous driving, industrial robots, heavy machinery, and smart cities. The new partnership will incorporate advanced lidar products into autonomous driving solutions, benefiting over 200 corporate clients across 20…
DetailsIn the past year, the logistics and automation sectors have seen significant transformations, driven by a surge in demand for cutting-edge solutions and a notable resurgence in project activations. As the world emerges from the pandemic, the role of asset financing in these sectors has become increasingly vital, addressing complex client needs with agility and…
DetailsLogistics is a leading carbon emitter in many developed countries, with its environmental impact expanding rapidly. The World Economic Forum forecasts a 78% increase in urban last-mile delivery demand by 2030, along with a 36% rise in delivery vehicles across the top 100 global cities. The logistics sector is under mounting pressure to cut its…
DetailsThe Indian government is focusing on sustainable logistics to drive economic growth while protecting the environment. Key initiatives are leveraging technologies like digitalization and automation to promote a sustainable logistics industry. A comprehensive national plan aims to enhance industrial productivity and support green logistics and clean energy goals through multi-modal connectivity across highways, railways, ports,…
DetailsLondon, United Kingdom – July 29, 2024 – The International Centre for Trade Transparency & Monitoring (ICTTM) is excited to announce a strategic partnership with the Baltic-Central Asian Chamber of Commerce (BCACC). This collaboration will leverage ICTTM’s advanced trade and supply chain data platforms, ADAMkyc and ADAMftd, to support businesses in the Baltic and Central…
DetailsThe Union Budget for 2024-25, presented by Finance Minister Nirmala Sitharaman, outlines a clear path for making India a Viksit Bharat by 2047. Balancing growth imperatives with fiscal consolidation, the budget sets a fiscal deficit target of 4.9% of GDP for 2024-25, providing a buffer for potential geopolitical uncertainties and global economic challenges. This prudent…
DetailsA new strategic equity partnership between a global logistics leader and a prominent Turkish port operator has been established, aiming to elevate Turkey’s role in global trade by creating a new international logistics hub on the Marmara Sea. Following regulatory approval from the Turkish Competition Authority, the logistics provider acquired a 58% stake in the…
DetailsIndia’s Union Budget for 2024-25 is set to make significant strides in transforming the country’s logistics and supply chain sectors into global leaders. By focusing on substantial infrastructure investments, embracing technological advancements, and supporting small and medium-sized enterprises (SMEs), the budget outlines a clear path toward a more efficient and competitive logistics network. Key aspects…
DetailsManohar International Airport in north Goa has achieved a major milestone in logistics by successfully handling its first freighter aircraft, which transported 22 tons of goods. This accomplishment underscores the airport’s growing capacity to manage large-scale freight operations effectively. The A321 freighter aircraft, operated by an international air charter service and a Turkish airline, arrived…
DetailsThe Indonesian government is working to lower logistics costs from 14.29 percent to 8 percent of the Gross Domestic Product (GDP) in an effort to promote more efficient and competitive economic growth. This announcement was made by the Minister of Transportation during a National Seminar focused on “Improving Logistics Performance in Indonesia: Reflections, Challenges, and…
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