Weaknesses in Vietnam's manufacturing and agricultural supply chains have prevented the country from lowering export costs and capturing much needed value addition, said Pham Minh Duc, senior economist at the World Bank.
The International Civil Aviation Organization (ICAO) has decided on a mechanism to reduce carbon emissions from aviation activities, a move that has pleased the International Federation of Freight Forwarders Associations (FIATA) and the European Liaison Committee of Common Market Forwarders (CLECAT).
After a summer of strong, steady activity, spot market truckload freight volume showed a seasonal decline, dipping 5.3 percent in September compared to August, according to the DAT North American Freight Index.
The Air France-KLM group (AF-KL) has pledged to remain in the maindeck cargo business, despite further reductions in its freighter complement. In a media briefing at Amsterdam's Schiphol Airport, Erik Varwijk, executive vice president of Air France-KLM-Martinair Cargo, said that over the next two years, the group will shed four of its current 14 freighters.
The third-party logistics services industry is growing at a faster rate this year than gross domestic product, but experts at Tompkins International anticipate more aggressive growth than the 6 percent cited by other sources.
Logistics firm Deutsche Post DHL is investing $25m in its operations in the Philippines to further expand its supply chain business and warehousing facilities.
UPS is now offering its Preferred Less-Than-Container Load (LCL) expedited ocean-freight service between Asia and three destinations in Mexico: Monterrey, Mexico City and Guadalajara.
To most people, and even many C-level retail executives, warehouses are those large, far-flung structures where raw materials and manufactured goods are kept. They're the places where forklifts move pallets around and guys wear hardhats.
The logistics company DB Schenker's new logistics centre in Japan is its largest facility in that country. It is located at Baraki, only 25 kilometers away from central Tokyo next to the Wangan Expressway.
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