Current Affairs - Business - Discussion

Ramco Systems, a Software firm, acquired a multi-million dollar order from Manila-based air freight leader AP Cargo Logistic Network Corporation with an aim to implement its logistics software. It is expected that AP Cargo would implement the software to streamline its freight operations countrywide. AP Cargo partnered with Ramco after the partnership with the Philippines as it was adopting IT solutions to ramp up its logistics capabilities and infrastructure. The freight and logistics market is expected to reach $60.22 billion by 2023.