Logistics

According to preliminary seasonally adjusted data of the National Statistical Institute in the third quarter of 2018 compared to the previous one there is an increase of 7.5% in freight transport. A 6.8% decrease was registered in the registered work, reports money.bg

The owner of the Office 1 Superstore retail chain "Panda Coop" opened a new logistics base in Bulgaria with an investment of € 7 million, reports Money.bg

The center is located in the village of Ravno pole and is situated on an area of ​​8600 square meters, according to an official announcement of the company.

Hundreds of thousands of sacks of powdered milk lie stacked on pallets in a warehouse on a nondescript industrial estate in eastern Belgium: Part of a vast EU stockpile that is causing dairy producers sleepless nights.

Turkey’s logistics sector has attracted $1.9 billion in foreign investments as its cargo capacity quadrupled in the last 10 years, the head of a business association said on Jan. 9.

The World Bank is ready to extend up to $200 million for projects that will boost transport and trade links between Western Balkans countries, its chief executive officer Kristalina Georgieva said on Thursday.

The government approved the draft Memorandum of Understanding between the Ministries of Defense of Bulgaria and the UK on mutual logistic support, the press service of the Cabinet announced.

The Food and Agricultural Committee has made decisions on the incentive packages that will reduce the costs of licensed warehouse utilization by producers. It will also reduce the costs of commercial transactions that the producer groups conduct with their own partners and members, the Central Bank said in a statement on July 16.

Logistics is one of the most important industries for world trade. A development in logistics directly influences all markets around the globe. Thousands of planes, ships, trucks, and other vehicles are carrying your next living room furniture or your next meal from remote corners of the world to the store next to your house. 

The rolling strikes that we have been seeing in recent weeks on fixed-line modes of transport in the Greek capital might possibly be legal, insofar as the strict letter of the law is concerned, but they are undoubtedly abusive in essence.

Turkey's logistics sector experienced slight contraction in 2016 after a series of clashes on its southern borders, a crisis with Russia, sharp fluctuations in foreign exchanges and tightening EU borders, according a leading association, as reported by Reuters on Jan. 3.