Laos has made considerable progress in its efforts to develop connectivity and trade facilitation, a senior government official told the meeting of Asian-European Landlocked Developing Countries (LLDCs) in Vientiane.
Statistics show a stabilization of airfreight markets on the back of encouraging growth towards the end of 2012. Compared to the previous year, the International Air Transport Association's (IATA) latest global airfreight demand statistics show demand for airfreight was "apparently very strong" at the start of this January with a rise of 5.0 percent.
India's Ministry of External Affairs (MEA) is moving to set up a direct sea and air link between India and Latin America, as Indian corporations line up significant investments in the oil, mining, IT and pharmaceutical sectors there.
Melting polar ice could create a new shipping lane through the North Pole by 2050, according to research by the University Of California at Los Angeles. In the future, melting sea ice could mean that ordinary shipping vessels will be able to navigate parts of the Arctic Ocean which were previously inaccessible, without the use of icebreakers to clear their route.
Small and mid-sized manufacturers are optimistic about revenues as spring approaches, and plan to retain or even grow their labor forces, according to buying consortium Prime Advantage's 11th semi-annual Group Outlook Survey.
Global logistics giant Kuehne + Nagel have announced the restructuring of their European operations in the first step of a "comprehensive programme for increases in efficiency". In an online statement released on their website, KN explained it will optimize its regional structure beginning July 2013, beginning by merging the current organisational units of central Europe, northwest Europe and southwest Europe into one central region.
In the EU, the recent commitment to opening up both the shipping and road haulage industries to cleaner power sources, has been reinforced by one of the world's premier container and general shipping ports with the announcement that the Port of Rotterdam is stepping up its sustainable shipping policy by rewarding the operators of liquefied natural gas (LNG) tankers with a discount on port charges.
According to the latest report from global business consulting firm Frost + Sullivan, a robust demand for connected devices is boosting the future of the electronics supply chain.
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