As a part of the strategy to expand its logistics business further in Asia, Kawasaki Kisen Kaisha Ltd., or "K" Line, has agreed to establish a joint venture with Cool Japan Fund Inc. and Japan Logistic Systems Corp. to build and operate a cold storage in the outskirts of Ho Chi Minh City in Vietnam.
Emerging markets such as China and India offer the best trade prospects for U.S. businesses, with U.S. export growth to those countries expected to average 9 percent a year through 2030, according to a report from HSBC.
The debut of the iPhone 6 wasn't just a big moment for Apple. It marked a major event for manufacturers in Taiwan and elsewhere in Asia that make the components for the device.
CMA CGM S.A. is joining with China Shipping Container Lines (CSCL), Orient Overseas Container Lines (OOCL) and Pacific International Lines (PIL) in a new service between Northeast Asia, Australia and New Zealand.
Major shifts in cost competitiveness around the world over the past decade are starting to spur a number of companies to change their global sourcing and manufacturing investment strategies, according to The Boston Consulting Group's report, The Shifting Economics of Global Manufacturing: How Cost Competitiveness Is Changing Worldwide.