Saudi Arabia and Romania Sign Logistics Cooperation Agreement

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,…

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Industrial and Warehouse Logistics Park Supply to Increase by 13-14% in FY25: Report

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…

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Logistics Sector Urges New Government to Deliver on Supply Chains

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…

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Automation and Robotics 2024: Revolutionizing the Future of Manufacturing

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,…

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Central and Eastern Europe (CEE) Emerges as Hub for Automotive Supply Chain Security

The automotive industry continues to play a pivotal role in Europe’s economy, contributing €1 trillion in income and employing 13.8 million people in 2022, a significant portion of the EU’s GDP. This sector also channels €60 billion annually into research and development, bolstering innovation across the continent. Amidst the global upheavals caused by the Covid-19…

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Vietnam Advocates Stronger ASEAN-China Supply Chain Collaboration

Da Nang recently hosted a significant meeting focused on enhancing “ASEAN-China Cooperation on Industrial and Supply Chains,” addressing evolving global trade dynamics. Participants convened to analyze emerging trends in industrial and supply chains, discussing the mutual opportunities and challenges faced by ASEAN and China. Recommendations were put forth to deepen collaboration between the regions. Dr.…

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