News

FedEx reports mixed fiscal first quarter earnings, with Ground up 3%

Fiscal first quarter earnings for Memphis-based global freight transportation and logistics services provider FedEx showed signs of optimism amid various ongoing economic...

22.09.2023 Continue reading

Air freight rates slightly higher: TAC Index

Air freight rates were slightly higher again last week, according to the latest data from TAC Index. The overall Baltic Air Freight Index (BAI00) edged up marginally (0,2...

22.09.2023 Continue reading

Major US and Vietnam container terminal operators cooperate in $6,7 billion-worth logistics...

SSA Marine and Gemadept has cooperated to develop strategic seaports in Southern region of Vietnam, which including Cai Mep Ha logistics centers with total value up to 6,7...

15.09.2023 Continue reading

Korean Air to fully transition to electronic air waybills

Korean Air is beginning to move towards electronic air waybills (e-AWB) for all shipments to create efficiencies in the shipping process.

15.09.2023 Continue reading

IATA July Report: Air Cargo Demand Strengthens Despite Challenges

IATA released data for July 2023 global air cargo markets, showing a continuing trend of recovering growth rates since February. July air cargo demand was tracking just 0,8%...

08.09.2023 Continue reading

Airlines warn of higher jet fuel costs as crude prices rise

United Airlines (UAL), Southwest (LUV), and Alaska Air (ALK) are sounding the alarm about higher jet fuel costs in the third quarter amid rising crude oil prices.

08.09.2023 Continue reading

Global logistics news roundup: CEVA, Stellar, Etihad Cargo

EVA Logistics buys Stellar in major India move; Etihad Cargo grows China freight ties; US-Mexico trade 'could hit $5 trillion in 5 years'

25.08.2023 Continue reading

Asia-Pacific logistics rents continue to rise in 1H2023 — Knight Frank

Rental growth expected to ease for remainder of the year as occupiers adopt cautious approach

25.08.2023 Continue reading

Costs from supply chain disruptions drop by over 50% but headwinds remain

Financial losses due to supply chain disruptions dropped more than 50% on average in 2022, compared with a year earlier, but shortages and delivery delays remain challenges,...

18.08.2023 Continue reading

Over 300 Vietnamese businesses joined global supply chain of South Korea

From KOCHAM (Korean Chamber of Business in Vietnam)’s report recently published on August 16th, over 300 out of 1800 Vietnam enterprises in supporting industrial sector have...

18.08.2023 Continue reading

Maersk continues to invest for logistics centers in Binh Duong, VN

A.P. Moller Maersk Group is preparing a plan to invest in a large-scale warehouse and logistics center in Binh Duong province, Vietnam.

11.08.2023 Continue reading

Recovery signal for Vietnam export in July 2023

In a recent report from the Ministry of Industry and Trade (MOIT), exports in the last 2 months have increased compared to the previous months. Specifically, in July 2023,...

11.08.2023 Continue reading

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