DP World subsidiary buys three business units of Transworld Group
The acquisition is made through DP World subsidiary Unifeeder...
Tag : logistics
Dubai-based logistics company Fetchr secures $15 mn funding
The funding will help the company expand to China, the US, the UK and the EU region...
JD Logistics to acquire controlling stake in Kuayue Express for $432 mn
Reports suggest JD Logistics has already signed an agreement...
IFC invests $70 mn in Vietnam-based Indo Trans Logistics
This is IFC’s first investment in Vietnam’s logistics sector...
Adnoc’s logistics unit forms JV with China’s Wanhua Chemicals
The JV, called AW Shipping, will own and operate a fleet of very large gas carriers (VLGCs) and modern product tankers...
JD.com to invest $100 mn in HK-based supply chain manager Li & Fung
Both parties will accelerate the development of digital supply chain...
DP World to acquire 60% stake in South Korea-based Unico Logistics
The deal is expected to be completed in the fourth quarter of 2020...
DP World to open its first logistics centre in Ecuador
The centre is located in the district of Duran and is 90% complete...
Australian logistics startup Shippit launches in Singapore
It has partnered with Shopify to provide its cash-on-delivery service...
China-based logistics company BEST expands into Cambodia
The expansion is part of the BEST’s plan to develop an efficient logistics network across SE Asia...