Logistics Industry News
A collection of Logistics latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Mumbai: Massive Blast At Chemical Plant Rocks JNPT Area; Huge Fire At JWR Logistics Park
Navi Mumbai: Panic gripped the Nhava Sheva region on Saturday afternoon after a massive explosion occurred at a chemical plant located within the vicinity of the Jawaharlal Nehru Port (JNPT). The blast was so powerful that its tremors were felt in…
Logistics, Overview, and Schedule on the PCT
Unlike the Appalachian Trail and many other trails on the East Coast, the PCT requires a permit to hike the trail. Those permits are not easy to get for a desired start date. The PCT Association uses a random lottery system to assign permits. You…
Chemtrade Logistics Income Fund (TSE:CHE.UN) Receives Average Rating of 'Hold' from Brokerages
Chemtrade Logistics Income Fund (TSE:CHE.UN - Get Free Report) has earned an average recommendation of 'Hold' from the six brokerages that are currently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock…
Pangaea Logistics Solutions (NASDAQ:PANL) Downgraded to Buy Rating by Wall Street Zen
Pangaea Logistics Solutions (NASDAQ:PANL - Get Free Report) was downgraded by analysts at Wall Street Zen from a 'strong-buy' rating to a 'buy' rating in a research note issued on Sunday. A number of other research firms have also recently…
PM Modi to inaugurate Ganga Expressway on April 29
Prime Minister Narendra Modi will inaugurate the Ganga Expressway on April 29 at an event in Hardoi district, adjoining Lucknow, officials said. According to the government, the Ganga Expressway spans over a total length of 594 kilometres, starting…
Exclusive-Simon Urban: Congo's Denis Sassou Nguesso Positions Africa's Most Stable Nation as a Global Power Player
While Washington debates its Africa policy in committee rooms, and Brussels lectures the continent about governance benchmarks it can't meet itself, the President of the Republic of Congo, Denis Sassou Nguesso, is doing something refreshingly…
Japanese firm eyeing Notts for its new UK headquarters, spending £60m
An international firm's plan to build its new £60 million UK headquarters in Nottinghamshire could create more than 100 new jobs. Thermotraffic, which provides temperature-controlled logistics for the food industry, is planning to invest tens…
Valuables stolen from boots of shipped cars, victims say police won't investigate
A couple who shipped their car from Melbourne to Perth say about $5,000 worth of belongings were stolen from the boot during the 3,300km journey. Police in both WA and Victoria told them they could not investigate because it was unclear where…
Exporters' body flags rising freight costs, seeks liquidity help from RBI
The Federation of Indian Export Organisations (FIEO) has formally requested the Reserve Bank of India (RBI) to provide crucial liquidity support to Indian exporters, who are grappling with a dramatic surge in freight costs and extended payment…
Jim Cramer on Vistra (VST): 'I'd Buy It'
Vistra Corp. (NYSE: VST) was among Jim Cramer's stock calls, as he discussed the rising market speculation. Cramer noted the company's nuclear exposure and said: I love nuclear power, but even with a more favorable regulatory environment, it's just…
HD Hyundai eyes US vessel market at SAS 2026
HD Hyundai Heavy Industries and LIG D&A became the first Korean companies to open a booth at Sea Air Space 2026, the largest maritime security exhibition in the US, being held through Tuesday in Washington. HD HHI said Sunday it is setting up a…
Shinsegae pivots on AI strategy after dropping OpenAI partnership
Retail conglomerate Shinsegae is pivoting on its plans to deploy artificial intelligence (AI) in its businesses, canceling a partnership with OpenAI just 11 days after entering into the agreement and signing a separate memorandum of understanding…
Hyundai Elevator commercializes world's 1st modular elevator for high-rise building
Hyundai Elevator has become the world's first company to commercialize a modular elevator method, installing elevators in a high-rise residential building and launching its proprietary brand, ENOBLOC. The company said Sunday it successfully…
Al Kuwait ships cattle out of Darwin after weeks anchored near Fremantle
The world's largest live export ship has left Darwin Port, with more than 17,000 cattle onboard bound for Indonesia. The MV Al Kuwait was meant to be exporting sheep to the Middle East, but since the war in Iran started, the live sheep trade has…
Massive 2-ton autonomous cargo drone completes 75-mile tea delivery mission
Autonomous cargo aircraft completed 120km mountain delivery in just 37 minutes Hybrid air and rail transport enabled fresh tea delivery within 24 hours CarryAll drone carries up to 400kg with 200km operational range Chinese-founded aerospace…
Receive a Daily briefing on Logistics Industry News
Get Started