LOGISTICS
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Credit: IOC S&P: Sports supply chains in decline
July 30, 2024 - Sports clothing equipment supply chains have been in a decline since the pandemic, with US imports dropping to US$15...
FedEx expands International Connect Plus service to the US, Europe
July 29, 2024 - Federal Express Corporation, one of the world's largest express transportation companies, is expanding FedEx&a...
Global M&A activity in Q2 2024 boosted by supply chain – GlobalData
July 26, 2024 - Amid the impact of persistent high interest rates and low growth across all the major economies, the second quarter of...
Asyad Group acquires Skybridge Freight Solutions
July 24, 2024 - Oman-based logistics provider Asyad Group has acquired Skybridge Freight Solutions (SFS), a multimodal freight...
UPS returns to volume growth in Q2 after nine quarters
July 23, 2024 - UPS said its volumes increased in the second quarter, returning to growth after nine quarters. The American...
DHL, UOB partner to reduce carbon footprint of UOB’s international shipments
July 22, 2024 DHL Express and UOB have entered a strategic agreement under DHL's GoGreen Plus service to co-invest in sustain...
DP World and Evyap Group forge new logistics hub to boost Turkish trade
July 19, 2024 DP World and Evyap Group have completed a strategic merger, combining the strengths of two major ports on the Marmara...
Air cargo operations hit by global IT outage
July 19, 2024 Global air cargo operations took a hit from the recent tech failure caused by a Microsoft IT outage triggered by cyber...
IMF: Global growth steady amid slowing disinflation, rising policy uncertainty
July 17, 2024 The International Monetary Fund (IMF) said global growth projections are unchanged at 3.2% this year and slightly...
CEVA Logistics, Almajdouie Logistics sign JV in Saudi Arabia
July 17, 2024 CEVA Logistics announced that it has signed a Joint Venture (JV) agreement with Almajdouie Logistics, one of the...
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