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Both current and former employees will be able to vest their stock options. This is the second such buyback by the company.

Locus assigns $4 million for its ESOP buyback

27 July 2021 5:30 AM GMT

July 27, 2021: The future-ready platform that automates supply chain decisions, Locus, today announced that it has designated $4 million for its ESOP...

While GPS (77 percent), RFID (31 percent), and QR codes (20 percent) are commonly used in fleet management, IoT is swiftly gaining popularity with 21 percent of respondents having adopted it.

IoT, automation, EVs key priorities for APAC logistics industry

16 July 2021 6:13 AM GMT

July 16, 2021: New research from HERE Technologies, the leading location data, and technology platform, reveals that approximately a third of...

Locus raises $50 million in series C funding led by Singapore’s GIC

2 Jun 2021 12:48 PM GMT

June 2, 2021: The platform that automates supply chain decisions, Locus, today announced that it has raised $50 million in series C funding led by...

Companies are increasingly considering digitalisation as a choice better now than late or never

FROM MAGAZINE: Digitalisation: the survive-and-thrive tool for freight industry

4 Jun 2020 1:30 PM GMT

There will undoubtedly be many lessons that emerge from the Covid-19 pandemic, but a big one for business will certainly be the necessity of...

Trucks sitting parked near Jawaharlal Nehru Port Trust (JNPT), Navi Mumbai

FROM MAGAZINE: Where is the logistics workforce?

4 Jun 2020 12:00 PM GMT

Despotic arrangements at the Indian state borders and growing stigma around the unsavoury Covid-19 mess are punishing logistics operations, which are...

Striking a balance between unbounded economic growth and sustainability

14 Feb 2020 6:30 PM GMT

Dr Abhijit Singh, Executive Director, Indian Ports Association (IPA), talks about how green sustainability and economic growth can coexist. He...