New Silk Road Network’s member from India, Anil Mantra Logistix Pvt Ltd was awarded as the ‘Emerging Company of the Year’ in the category of Logistics and Supply Chain. The Managing Director Sunila Yadav was also awarded the ‘Dynamic Freight and Cargo’ Personality of the year.
A landlocked country in the CIS Region, Turkmenistan has unique logistics processes. The Caspian Sea is its only access to a water body, through which it moves large volumes of cargo. Apart from vessels, the country relies heavily on road transport and is now curiously welcoming rail freight within the region. Though the journey towards the inclusion of rail freight as a serious alternative continues to be challenging, nevertheless, many small and medium-sized logistics companies exhibit interest.
Growing from a web-based shipping tool to a fully functional freight forwarding company, Origin Logistics, a member of New Silk Road Network from Turkey, has had a remarkable journey in a short span of time. A freight forwarding company for the new age, Origin has significant experience with technological advancements in the field of logistics and flawlessly apply them in their day-to-day business.
The year 2016 saw significant growth in China’s Belt and Road Initiative, especially in the rail freight sector. According to China’s 13th Five-Year Plan, about 3.5 trillion yuan was invested in the Chinese railway infrastructure between 2016 to 2020. Initially, the subsidies were created as a way to boost the China-EU Rail freight. They were also politically motivated to increase business interactions between Chinese and European business entities.
Logistics companies began their preparation for Brexit all the way back in 2019. This was a unique situation that the European Union had never experienced before. EU states tried their best to provide ample information to the companies doing business, especially logistics. However, while entering 2020, there were still many uncertainties. Finally, the transition period ended in 2021 and the business were expected to adapt accordingly. Eight months later, we assess how Brexit impacted the logistics industry and the challenges since the beginning of ‘hard’ Brexit.
This month, as a means to celebrate the 50th anniversary of China and Turkey’s diplomatic ties, the countries organised the ‘Turkey-China Culture and Business Development Forum’. This event is organised by the Turkish China Business Development and Support Association and the China Industry and Businessmen’s Association. It was hosted at the Congresium Centre in Ankara, Turkey.