When U.S. and Australian troops practiced amphibious landings, ground combat and air operations last summer, they drew headlines about the allies deepening defense cooperation to counter China's growing military ambitions. But for U.S. war planners preparing for a potential conflict over Taiwan, the high-profile Talisman Sabre exercises had a far more discreet value: They helped create new stockpiles of military equipment that were left behind in Australia after the drills ended in August, U.S. officials told Reuters. The United States and its allies are increasingly worried that in the coming years Chinese President Xi Jinping could order his military to seize Taiwan, the democratically-governed island China considers its own territory.
ITS Logistics is entering this digital arena with its container management and visibility platform ContainerAI. The post ITS Logistics invests over $30M to join digital visibility platform race appeared first on FreightWaves.
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Logistics is a very broad term, right from warehousing companies to goods transporters all form part of this chain. But if one looks at the listed space in India, it is transportations companies which dominate. Logistics as a sector has seen many headwinds both in terms of operations and structural challenges. Any sector which goes through this phase tends to bring out clear winners and that is when we tend to see a re-rating. It is a sector which is direct play on the economic growth of a country. The reason, if the economy is doing well, more goods will be produced and they will have to be transported and that is why in large developed economies, logistic companies form part of a very important transportation index. Given the recent GDP numbers have been better than expected and it is projected that for the next couple of years India would be the fastest growing economy, the logistic sector is likely to remain in focus.