Press & Media


Global Logistics and Warehousing Market to Reach $15.8 Trillion in this year

February 9, 2023 at 12:15 pm | Uncategorized | No comment

The global logistics and warehousing market is expected to reach $15.8 trillion by 2023, according to a report by Grand View Research. The market is driven by the increasing need for efficient transport and storage of goods, which is driven by the growth of the e-commerce sector. Additionally, the emergence of the Internet of Things […]

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EDB Organizes B2b Meetings Between Sri Lankan Exporters and Russian Business Delegates

February 9, 2023 at 12:11 pm | Uncategorized | No comment

A high-level delegation from the Sverdlovsk Regional Government of the Russian Federation visited Sri Lanka for a three-day program from 23rd to 26th January 2023. Ambassador of Sri Lanka to Russia, Her Excellency Prof. Janitha A. Liyanage organized a B2B meeting between Sri Lankan exporters and the Russian delegation that was attended by over 40 […]

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Lethal earthquake paralyzes Turkish ports, container lines announce operation adjustments

February 9, 2023 at 12:09 pm | Uncategorized | No comment

On February 6, a 7.8 magnitude earthquake struck the Turkey-Syria border, severely damaging LimakPort Iskenderun and forcing the port authority to suspend operations. Maersk and COSO have both issued customer advisories to inform about the impact on their services, with Maersk planning to divert containers to nearby hubs within operational feasibility or hold them at […]

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Global Logistics: A Look at the Industry and its Impact on the Economy

February 9, 2023 at 12:07 pm | Uncategorized | No comment

The global logistics industry is changing at an unprecedented rate. With the rise of e-commerce, automation, and artificial intelligence, companies are finding ways to become more efficient, faster, and secure. The global logistics industry is estimated to be worth around $4.5 trillion and is expected to continue to grow in the coming years. The increasing […]

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Freight Forwarding and Airline Industry in Sri Lanka

February 9, 2023 at 12:05 pm | Uncategorized | No comment

The Sri Lankan freight forwarding and airline industry has seen a rapid surge in growth over the past few years. With an ever-expanding economy, the country has had a growing ambition to become a leader in international trade and travel. As a result, the freight forwarding and airline industry has grown significantly, offering a range […]

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