2022 has been a rollercoaster of experiences. While many gave up to the odds, others, like the quick commerce companies, made lemonade out of the lemons thrown at them.

The Saudi Ports Authority recently signed a contract to build a state-of-the-art logistics park at the Dammam Port.

The Asian Development Bank recently approved a massive loan of $250 million to strengthen logistics and accelerate growth.

One of the fastest-growing transportation and logistics service providers, United Vision Logistics, commonly known as UVL, has been acquired by Bluestem Equity.

One of India’s leading cement manufacturers, JK Lakshmi Cement, ties up with GreenLine Logistics to bring forth India’s first LNG fleet.

The Chattanooga freight alley, a concentrated hub of transportation and logistics companies, recently welcomed another leading logistics company, Veritas Logistics.

B D Dhalla, a leading Indian transportation company, recently deployed AI-powered technology designed by Netradyne to improve driver and fleet safety.

In sync with its growth plans for 2023, Automated Logistics Systems (ALS) plans to aggressively expand its GR office as well as its employee strength.

OOCL, a global warehousing, and supply chain provider, has recently signed leases with Cainiao P.A.T. Logistics Park to support its warehousing diversification strategy.

In a recent tryst, NTPC and Tecnimont shook hands to sign an MoU for jointly exploring the possibility of green methanol production in India.

The sixth round of discussion on the FTA between India and the UK concluded recently, with the seventh round planned for January.

The mega infrastructural project taken up by the Indian Railways, i.e., establishing Dedicated Freight Corridors, is all set to boost e-commerce and the MSME market.