Report Highlights Cost and Speed as Key Logistics Priorities

25 Apr 2024 CW Team

According to a recent report, the logistics sector is placing significant emphasis on cost-efficiency and speed as primary priorities. In an era marked by increasing demand for swift and cost-effective delivery services, logistics companies are under pressure to optimise their operations accordingly.

The report underscores the growing significance of cost-effectiveness within logistics operations, as companies strive to minimise expenses and bolster profitability. In a fiercely competitive market landscape, the ability to minimise costs while upholding service quality is pivotal for sustained growth and competitiveness.

Another focal point highlighted by the report is speed, driven by escalating consumer expectations for rapid delivery solutions. With consumers increasingly demanding shorter delivery times, logistics firms are investing in technologies and strategies to expedite shipping processes and enhance overall efficiency.

To address these priorities, logistics companies are harnessing advanced technologies such as automation, artificial intelligence, and data analytics to streamline operations and boost productivity. Through the implementation of innovative solutions, they aim to curtail turnaround times and augment customer satisfaction.

Moreover, collaborations and partnerships within the logistics ecosystem play a pivotal role in achieving cost-efficiency and speed. By forging close ties with suppliers, carriers, and other stakeholders, logistics companies can optimise supply chain processes and mitigate delays.

The insights gleaned from the report underscore the evolving landscape of the logistics sector and the imperative of continual adaptation to meet evolving customer expectations and market dynamics. By prioritising cost-efficiency and speed, logistics enterprises can maintain a competitive edge and foster growth amid an increasingly competitive environment.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..