India
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Trade and Compliance
Commentary: COVID-19 pushes India down path to digitized trade documentation
Digitization of forms and the use of blockchain will cut costs and time from the supply chain. Brian Aoaeh writes about those issues in India.
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Trade and Compliance
Commentary: Intra-Asia trade waving economic distress flag
Lori Ann LaRocco explains why intra-Asian trade is down and its affect on the United States.
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Weather and Critical Events
Powerful Cyclone Amphan to slam central Asia this week
Cyclone Amphan being called a potential “nightmare scenario” for millions of people in Bangladesh and India.
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American Shipper
US aims to boost trade with India
A proposed $1.8 billion sale of U.S.-origin air defense systems is expected to open a pathway to increased exports to the South Asian economy.
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Business
Bezos pledges $1 billion to digitize small businesses in India
The CEO is in India to attend the inaugural Amazon Smbhav summit bringing more than 3,000 small businesses together.
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News
Today’s Pickup: Getting on the same page with accounts payable; the great logistics moonshot
Staying on the same page with accounts receivable; extending logistics into space
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Asia-Pacific
Adani Ports reveals large increase in revenues and profits
India’s largest commercial ports operator, Adani Ports, reported a substantial increase in its company and port-segment revenues. Company and port-segment profits have also markedly increased.
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Asia-Pacific
Canada’s largest public pension fund invests $115 million in Delhivery
Canada Pension Plan Investment Board secures board seat in deal with the Indian third-party logistics provider.
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Trucking
Maersk is the newest entrant into the Indian trucking market
Maersk is partnering with Indian digital freight startup BlackBuck to enter the Indian containerized trucking market for export-import logistics.
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Asia-Pacific
Indian regulator clears Canadian pension fund stake in Delhivery
Canada Pension Plan Investment Board to acquire up to 8 percent of fast-growing e-commerce fulfillment company.
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