Logistics Industry News
A collection of Logistics latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
German logistics group Rhenus plans 14 Middle Corridor terminals
German logistics giant Rhenus Group is set to roll out a network of up to 14 terminals along the Middle Corridor, also known as the Trans-Caspian International Transport Route (TITR), with a new trimodal container terminal in Aktau. For European…
India's logistics sector eyes $600 billion by 2031-32; cost pegged at 8% of GDP: DPIIT official
India's logistics sector is expected to double in size to $600 billion by 2031-32 from around $300 billion currently, driven by infrastructure development, policy reforms and improved connectivity, said Subhash Chandra Karol, Director, Logistics…
Gallatin AI raises $50M in funding for its military logistics platform - SiliconANGLE
Gallatin AI Inc., a developer of military logistics software, today announced that it has raised $50 million in funding. The Series A round included contributions from 8VC, Silent Ventures and several others. It follows a $15 million seed raise in…
US May Face Climate, Logistic Issues While Building Military Bases in Greenland - Expert
On September 22, the US, Denmark, and Greenland signed an agreement expanding the scope of the US military presence on the island. The document supplements the 1951 defense agreement regarding Greenland and provides for the establishment of new…
30,855 Shares in GXO Logistics, Inc. $GXO Purchased by Diversified Management Inc.
Diversified Management Inc. acquired a new stake in GXO Logistics, Inc. (NYSE:GXO - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 30,855 shares…
Douglas Lane & Associates LLC Sells 45,407 Shares of GXO Logistics, Inc. $GXO
Douglas Lane & Associates LLC cut its holdings in shares of GXO Logistics, Inc. (NYSE:GXO - Free Report) by 15.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned…
Marinas Could Be The Infrastructure Asset Class The Market Is Missing
Giuseppe Cicatelli is Principal of Bacalia Group, investing in technology, infrastructure, and real assets. Many infrastructure investors have spent the last decade chasing toll roads, data centers and renewable energy. Very few of them have looked…
Telangana targets EV boom with Industrial Policy 2.0 and attracting industry
Director of Industries Nikhil Chakravarthi said that Telangana has been, and continues to be keen to attract electric vehicle manufacturers, battery supplies, and allied companies that would want to relocate to Telangana by means of targeted…
UK brewery faces closure after nearly 200 years with hundreds of jobs at risk
A nearly-200-year-old brewery could be set to close after the owners Carlsberg Britvic announced a proposal to shut the business in Burton upon Trent with hundreds of jobs at risk. Marston's Brewery could close its doors for good, the company said…
SIKA ACQUIRES AZPECTS IN THE UK, STRENGTHENING ITS POSITION IN AN INNOVATIVE GROWTH SEGMENT
SIKA ACQUIRES AZPECTS IN THE UK, STRENGTHENING ITS POSITION IN AN INNOVATIVE GROWTH SEGMENT Sika has acquired Azpects Group, a leading UK manufacturer of polymeric sands for the landscaping sector. The acquisition strengthens Sika's position in…
Trucking industry hit by string of bankruptcy filings as diesel costs surge
A string of trucking and freight companies filed for Chapter 11 bankruptcy protection in September. At least eight transportation-related companies sought Chapter 11 protection during the month, according to bankruptcy documents reviewed by FOX…
Zalando Expands Robotics Arsenal to Returns
Zalando is turning to artificial intelligence and robotics to tackle one of the most demanding parts of its massive European logistics operation: processing the millions of fashion items customers send back to the retailer. The German fashion…
Shuffle Board: Lululemon Reshapes C-Suite; Syre Names CEO
The latest HR moves made by leading textile and apparel companies. Lululemon has overhauled its senior leadership structure, creating new president, chief product officer and chief operating officer roles as the activewear company looks to…
Unusual fare matrix in PUV earns buzz: 'Parang chismis lang
A social media user shared a screengrab of a chat that was turned into a fare matrix, praising it instead of relying on generative AI. TV5 Senior creative content specialist John Reczon Calay on Tuesday, October 9, encountered an unusual fare…
UK robotics hubs to drive adoption of new tech
Sharon Edwards Political reporter Eight new Robotics Adoption Hubs are to be rolled out across the UK, the government has announced. The hubs will get £40m to offer advice and support to businesses and public services looking to use the…
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