Dubai-based logistics company Fetchr secures $15 mn fundingPritam BordoloiSeptember 2, 2020 by Pritam BordoloiSeptember 2, 2020 The funding will help the company expand to China, the US, the UK and the EU region... Read more
JD Logistics to acquire controlling stake in Kuayue Express for $432 mnPritam BordoloiAugust 14, 2020 by Pritam BordoloiAugust 14, 2020 Reports suggest JD Logistics has already signed an agreement... Read more
IFC invests $70 mn in Vietnam-based Indo Trans LogisticsPritam BordoloiAugust 11, 2020 by Pritam BordoloiAugust 11, 2020 This is IFC’s first investment in Vietnam’s logistics sector... Read more
Adnoc’s logistics unit forms JV with China’s Wanhua ChemicalsPritam BordoloiAugust 7, 2020 by Pritam BordoloiAugust 7, 2020 The JV, called AW Shipping, will own and operate a fleet of very large gas carriers (VLGCs) and modern product tankers... Read more
JD.com to invest $100 mn in HK-based supply chain manager Li & FungPritam BordoloiAugust 3, 2020 by Pritam BordoloiAugust 3, 2020 Both parties will accelerate the development of digital supply chain... Read more
DP World to open its first logistics centre in EcuadorPritam BordoloiJuly 22, 2020 by Pritam BordoloiJuly 22, 2020 The centre is located in the district of Duran and is 90% complete... Read more
Australian logistics startup Shippit launches in SingaporePritam BordoloiJuly 20, 2020 by Pritam BordoloiJuly 20, 2020 It has partnered with Shopify to provide its cash-on-delivery service... Read more
KPC spends Sh1.8 bn to revive Nairobi-Nanyuki RailwayInternational Finance Business DeskJuly 8, 2020 by International Finance Business DeskJuly 8, 2020 The Kenyan government is expected to generate more than Sh370.4 million revenue annually with the project's revival... Read more
China-based logistics company BEST expands into CambodiaPritam BordoloiJuly 7, 2020 by Pritam BordoloiJuly 7, 2020 The expansion is part of the BEST’s plan to develop an efficient logistics network across SE Asia... Read more
Oman Logistics Center launches cloud-based technology initiativePritam BordoloiJune 19, 2020June 19, 2020 by Pritam BordoloiJune 19, 2020June 19, 2020 Tawseel will empower startups and SMEs in Oman in the last mile delivery space... Read more