logistics sector

FGV to grow logistics sector revenue with new trucks and tankers

KUALA LUMPUR: FGV Holdings Bhd is expanding its logistics sector’s revenue with newly added road tankers, curtain sider trailers and dumper trucks in July. FGV said on Friday it expected these assets to boost its logistics arm under FGV Transport Sdn Bhd, which also offers inland transport, multimodal transport, courier services and warehousing. FGV group…

logistics Stock

Is XPO Logistics Stock a Buy? | The Motley Fool

Where will XPO shares go from here? XPO Logistics (NYSE:XPO) has taken investors on a wild ride in recent years. The company’s shares were up more than 2,000% for the decade heading into the fall of 2018, only to give back about half those gains in the months that followed. In late 2018 and early…

logistics Plans

50 jobs at risk as logistics firm plans to shut North Staffordshire factory

When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more about how we use your data, and your rights. You can unsubscribe at any time.Invalid EmailUp to 50 jobs are at risk at a logistics…

Express logistics

Logistics firm Ecom Express to hire over 7,000 employees across India in next 2 months

The full-time openings span across business functions such as last-mile delivery, warehousing management, operations, information technology and data sciences.End-to-end logistics solutions provider Ecom Express on Wednesday announced it is planning to hire over 7,000 employees for full-time jobs across India in the next two months amid the Covid-19 pandemic.The full-time openings span across business functions…

Indonesian logistics

Indonesian logistics startup Shipper reports Series A funding from Prosus Ventures, Y Combinator, others

Jakarta-based logistics startup Shipper announced today that it raised an undisclosed number of Series A funding led by South African Prosus Ventures—the former Naspers Ventures. Earlier media reports indicated an amount of USD 20 million, which the company didn’t want to confirm. The existing investors Lightspeed, Floodgate, Y Combinator, Insignia Ventures, and AC Ventures also…

India's logistics Technology

India’s logistics aggregator Shiprocket raises $13M to expand overseas

Shiprocket, a New Delhi-based logistics aggregator that works with direct-to-consumer sellers including several social media influencers, has raised $13 million in a new financing round as it looks to expand its platform overseas. Silicon Valley-based investment firm Tribe Capital led Shiprocket’s Series C financing round. Innoven Capital and existing investor Bertelsmann India Investments also participated…

logistics Material Technology

Material Bank, a logistics platform for sourcing architectural and design samples, raises $28M

Material Bank, a logistics platform for the architectural and design industry, has announced the close of a $28 million Series B financing today, led by Bain Capital Ventures. Bain’s Merritt Hummer led the round on behalf of the firm and will join the board of directors at Material Bank, along with Jeff Sine, cofounder and…