Over half of APAC shipment tracking and logistics asset tracking solutions said that integration challenges are holding back the mass adoption of end-to-end supply chain visibility tools.

Cisco says that this manufacturing investment will lead to over $1 billion for India in combined domestic production and exports over the next few years.

Macquarie is looking for $1 billion for the business but strategic buyers in the shipping sector may be limited.

CMA CGM said it is committed to acquiring Bolloré Logistics for €5 billion in a deal that would add 14,000 employees to the company's workforce.

Through a new strategic partnership, Better Trucks and Enveyo will provide organizations with a new tool that boosts e-commerce shipping agility.

The Freight Logistics Optimization Works program has seen its membership increase from 18 businesses in 2022 to 53 firms in 2023. 

The approach has brought new costs and logistics hurdles for supply chains that are adding a new twist to globalization.

The report also found that global transportation costs have fallen below their long-term average thanks to lessening pressures on shipping, rail, air and road freight. 

The International Finance Corporation and the Cambodian government will extend an offer to a select qualified private developer that will finance, develop and operate the complex.

Rodolphe Saade, the French billionaire at the helm of shipping giant CMA CGM SA, has made an unsolicited $5.5 billion offer to buy Bollore SE’s logistics arm.