CEVA Logistics buys Stellar in major India move; Etihad mobile bongdaso grows China freight ties; US-Mexico trade 'could hit trillion in 5 years'
CEVA Logistics buys Stellar in major India move
CEVA Logistics is increasing its footprint in India, mobile bongdaso world’s most populous country.
mobile bongdaso company has announced it has signed an agreement to acquire 96% of Mumbai-based Stellar Value Chain Solutions, which has grown into a key player in contract logistics with omnichannel fulfilment services in mobile bongdaso eCommerce, automotive, food products, consumer, fashion and retail, healthcare and pharmaceuticals market segments.
CEVA Logistics currently operates out of 75 locations across 35 cities in India, and has approximately 2,700,000 square feet of warehouse space.
With mobile bongdaso acquisition, it can now offer new customers global expertise and increased operational efficiency and innovation.
CEVA, which employs 78,000 people, has 750 warehouses worldwide, and offers end-to-end supply chain solutions.
mobile bongdaso acquisition complements recent growth in CEVA’s contract logistics business elsewhere in mobile bongdaso Asia Pacific region.
mobile bongdaso deal is also expected to benefit CEVA’s freight management and customs business in mobile bongdaso region.
CEVA Logistics CEO Mathieu Friedberg said “With mobile bongdaso addition of Stellar VCS, we will continue our strategic growth with mobile bongdaso goal of becoming a top five global logistics player.
“We are expanding into more key market segments and boosting our presence in this strategic country.
“Stellar has an important network of contract logistics facilities across India and a top roster of customers. Bringing on their expertise and footprint in India is a major step forward for us.”
Etihad mobile bongdaso grows China freight ties
Etihad mobile bongdaso has expanded its freighter capacity out of China, announcing new flights to Guangzhou, the fifth biggest city in the country.
The company has added a weekly Boeing 777 freighter service into Guangzhou in response to “increased demand for mobile bongdaso capacity for China”, reports Air mobile bongdaso News.
mobile bongdaso carrier now offers 10 freighter flights a week to mainland China.
Etihad mobile bongdaso Head of Revenue Management Leonard Rodrigues said: “Expanding our reach into the Chinese market not only meets the increased demand for mobile bongdaso capacity in the region but also further strengthens ties between the UAE and China.”
US-Mexico trade 'could hit trillion in 5 years'
International trade between mobile bongdaso US and Mexico could top US trillion within mobile bongdaso next five years, a leading US politician says.
Texan Democrat Henry Cuellar – speaking at a groundbreaking ceremony for a new logistics and industrial park in Texas – said: “We’re hoping in fewer than five years we’re going to hit trillion of trade with Mexico."
mobile bongdaso US Census Bureau’s 2022 figure for US-Mexico trade is 9 billion.
Trade between Mexico and mobile bongdaso US totalled almost 0 billion from January through June 2023, according to mobile bongdaso Bureau.
In 2022, trade between mobile bongdaso US and Canada totaled 3 billion, while trade with China was 0 billion.
US -Mexico trade levels are being partly driven by nearshoring, as businesses look to shorten supply chains to make them more resilient.
Source:https://supplychaindigital.com/logistics/global-logistics-news-roundup-ceva-stellar-etihad-mobile bongdaso
Air mobile bongdaso markets from Asia Pacific and worldwide weakened further in the week to 20 April due to the effects of Easter holidays and uncertainty caused by US changes in tariff...
At the inaugural Global Air mobile bongdaso Summit, held in Antalya, Türkiye, the International Civil Aviation Organization (ICAO) forecasted that air freight volumes will grow by an...
mobile bongdaso imposition of new U.S. tariffs on foreign-made vehicles and components is causing significant disruptions in mobile bongdaso global automotive supply chain. Airfreight, often a linchpin...
Global trade uncertainty is prompting air mobile bongdaso shippers and freight forwarders to favor short-term contracts over longer-term agreements, as highlighted in a recent Xeneta...
U.S. plans to end tariff-free access for low-value shipments from China and Hong Kong, coupled with a new 145% tariff rate on Chinese imports, are projected to slash over...
Trade groups warn of higher ocean shipping costs and disrupted supply chains, while U.S. officials argue mobile bongdaso policy aims to strengthen domestic shipbuilding and enhance economic...
Since January, mobile bongdaso Trump Administration has announced and delayed multiple tariffs on imports from Canada and Mexico, further destabilizing mobile bongdaso cross-border freight market....
As global supply chains adjust to post-pandemic realities and shifting trade dynamics, the air mobile bongdaso industry in the Asia-Pacific (APAC) region finds itself at a pivotal crossroads.
Global tonnage improved +3% in week 15 (April 7-13) after mobile bongdaso previous week’s drop of -7% as markets that had closed for mobile bongdaso Eid-al-Fitr holiday came back on stream, but comparison...
E-commerce continues to be a key growth driver for air mobile bongdaso, fueled by rising consumer demand and the rapid expansion of emerging markets, even as regulatory barriers increase.
en