All Nippon Airways and Lufthansa Cargo AG have begun an air cargo joint venture on Japan-Europe routes that they applied for in September. The first shipment was sent by forwarder Schenker-Seino Co. Ltd. It was booked via Lufthansa Cargo and was transported by ANA on flight number NH 277 from Tokyo to London.

Yusen Logistics (Vietnam) Co. Ltd. is continuing its expansion in Vietnam with the addition of a new warehouse in Hai Phong City in the northern part of the country.

The Amazon effect is raising consumer expectations for delivery services - expectations that logistics providers are struggling to meet without degrading margins, says Robert Lieb, supply chain management professor at Northeastern University. Lieb discusses this and other trends revealed in the annual survey of global 3PL CEOs.

Fred P. Hochberg, chairman of the U.S. Export-Import Bank signed a memorandum of understanding with Chairman K.S. Popli of the Indian Renewable Energy Development Agency (IREDA) to explore options for utilizing up to $1bn to finance the sale of U.S. clean energy exports to India.

South Korea and China agreed on a bilateral free trade agreement (FTA) that is expected to create the largest economic bloc in Asia. Once implemented, the Korea-China FTA will significantly boost bilateral trade between China, the world's second-largest economy, and South Korea, the fourth-largest in Asia.