Pakistan Customs, Tax, Shipping & Business News Resource
DUBAI, UAE: Unifeeder has announced the acquisition of a 77% stake in Feedertech Group. Feedertech’s founder, Mr. Ali Maghami, will retain the remaining 23% shareholding and remain involved in the…
VELIKIY NOVGOROD: X5 Retail Group, a leading Russian food retailer, announced the development of its logistics infrastructure in the Northwestern Federal District and the opening of a Pyaterochka distribution centre…
SINGAPORE: Dahlia Investments, an indirect subsidiary of Temasek, has agreed to acquire 21.7 percent shares of LF Logistics for a cash consideration of $300 million. LF Logistics is a wholly…
PARIS, FRANCE: Forwardis, a SNCF Logistics subsidiary and one of Europe’s leading rail and multimodal freight transport providers announced the signing of a major ERP Transformation program with next-gen enterprise…
DUBAI, UAE: Hindustan Infralog Private Limited (HIPL), a joint venture between DP World and the National Investment and Infrastructure Fund (NIIF), announced the acquisition of a 76% stake in KRIBHCO…
DUBAI: Kuwait’s Agility has notified Dubai Financial Market (DFM) that the partnership discussion with Swiss based Panalpina have ended, with no agreement reached between the two companies. “As part of…
KARACHI: Mega Movers Pakistan, the developers of Shahdadkot Inland Container Terminal (SICT), is planning an initial public offering (IPO) to list the $85 million project on the bourse, The News…
KUWAIT: Agility Public Warehousing Company (Agility) has earmarked $100 million to invest in Shipa, which is a digital platform that helps small businesses and entrepreneurs to manage their logistics business…
KARACHI: Pakistan has phenomenal maritime resources with great opportunities of investment through development and modernization of this sector. In this regard, Hussaini Concepts & Solutions (Pvt.) Ltd (HCS) along with…
ISLAMABAD: Ministry of Communications has constituted an inter-ministerial working group on logistics and transport facilitation entrusted to develop National Logistics and Freight Transport Policy. The move is aimed at transforming…