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The Asian logistics sector is in a strong position to gain from the Bali Trade Facilitation Agreement as India accepts a deal, brokered by Barack Obama, to ratify the WTO agreement, so long as the organization doesn’t challenge its farming subsidies.
The combination of extraordinarily loose monetary conditions and greater confidence in a slow global recovery has raised the possibility of a ‘wave of cash’ hitting the logistics sector in the near future.
oTMS secures $6m investment in China
oTMS announced that it has raised $6m worth of ‘Series A’ funding to be used to develop its business and increase the take up of its software solutions. Read more
Freightways reports strong Q1 financial results
Menzies adopts Paragon routing software
UPS acquires i-parcel
MetaPack moves into US with ABOL Software acquisition
The MetaPack Group has announced the acquisition of ABOL Software as the company moves into the North American market. Read more
Asia Pacific Transport & Logistics 2013
An overview of the fast growing Asia Pacific transport and logistics market including analysis of the road, rail, sea and air sectors as well as national logistics markets.