Author Archives: kazankazank3

Glīd’s Universal Platform Provides Frictionless Rail-To-Road Logistics

Logistics is a complex and big business. From ports to yard-rail and and short-haul trucking to cross-country rail and long distance trucking – the amount of transfers from one mode of transport to another is highly varied and complex, and requires a lot of expensive equipment, software and trained labor. Glīd Tech (pronounced “Glide”), a California based company, […]

Noka Park sets new standard for Grade A logistics and industrial space

New R700m speculative development responds to rising demand for sustainable, tech-enabled warehouses. Growthpoint Properties (JSE: GRT), in partnership with Feenstra Group, has launched Noka Park, a R700m logistics and industrial development strategically located in Gauteng’s Riverfields logistics precinct, near OR Tambo International Airport. The park is 50/50 co-owned and co-developed by Growthpoint and Feenstra Group […]

Logistics arm Valmo powers Meesho’s profitability push

E-commerce unicorn Meesho, which is set to list its shares publicly in the coming months, has substantially improved its margins over the last two years, thanks, in part, to the rapid scaling of its in-house logistics arm Valmo. Since its launch in August 2022, the share of Meesho’s orders shipped through Valmo rose from under 2% in […]

Jayesh Logistics IPO allotment date likely today. GMP, steps to check share allotment status online for SME IPO

Jayesh Logistics IPO Allotment: The initial public offering (IPO) of a comprehensive logistics solutions provider Jayesh Logistics Ltd received strong demand from investors. The bidding period has ended and investors now focus on Jayesh Logistics IPO allotment date, which is likely today.The SME IPO was open from October 27 to 29, and Jayesh Logistics IPO allotment date […]

Jayesh Logistics IPO Gets 65.6x Subscription On Last Day Of Bidding, Retail Quota Subscribed By 52x

Jayesh Logistics IPO Day 3: The initial public offering (IPO) of Jayesh Logistics Ltd has been closed today, Wednesday, October 29. The price of the Rs 28.63-crore SME IPO was fixed in the range of Rs 116 to Rs 122 apiece. On the final day of bidding on Wednesday, the IPO received a 65.59x subscription, garnering […]

Logistics giant UPS lets go of 48,000 employees as it attempts to turn around steep drop in share prices

The United Parcel Service, better known as UPS, has announced that in the first nine months of 2025 it has cut 48,000 people from its workforce. Out of them, 14,000 employees worked in the management division while 34,000 were in the “operational workforce,” Newsweek reported. The latter category consists of “employees involved in its day-to-day logistics […]

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