Logistic News

GREEN DEVELOPMENT IS A MANDATORY REQUIREMENT FOR LOGISTICS ENTERPRISES

GREEN DEVELOPMENT IS A MANDATORY REQUIREMENT FOR LOGISTICS ENTERPRISES

16 July 2024

Going green and environmentally friendly is not simple, there are many barriers to overcome, but this is no longer an option but a must for logistics businesses in the new context...

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PLENTY OF ROOMS FOR VIETNAM TO BOLSTER EXPORTS TO US

PLENTY OF ROOMS FOR VIETNAM TO BOLSTER EXPORTS TO US

09 July 2024

Computer; phones, accessories; machinery, equipment, spare parts; textiles; footwear... from Vietnam exported to the USA reaches a turnover of several tens of billions of USD each year and still has plenty of rooms for growth.

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STRUGGING FOR GREEN LOGISTICS CHANGE

STRUGGING FOR GREEN LOGISTICS CHANGE

04 July 2024

Mr. Ngo Khac Le, Deputy General Secretary of the Vietnam Logistics Business Association, said: If the criteria to "green" the logistics industry are not quickly implemented, businesses will face many difficulties in the future and will gradually be eliminated from business operations, trade and import-export domestically and globally.

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CONTAINER FREIGHT RATES CONTINUE TO SOAR

CONTAINER FREIGHT RATES CONTINUE TO SOAR

29 June 2024

Drewry's World Container Index (WCI) continued to increase 7% last week, to 5,117 USD/feu, and is expected to continue to increase in the following week.

 

 

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MSC LAUNCHES NEW SERVICE LINKING MAJOR ASIAN AND EUROPEAN PORTS

MSC LAUNCHES NEW SERVICE LINKING MAJOR ASIAN AND EUROPEAN PORTS

27 June 2024

MSC shipping line launches new Britannia service, directly connecting China and Vietnam to the UK and main ports in Europe.

 

 

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SINGAPORE REOPENS DISUSED CONTAINER TERMINALS TO EASE PORT CONGESTION

SINGAPORE REOPENS DISUSED CONTAINER TERMINALS TO EASE PORT CONGESTION

22 June 2024

Closed container terminals in Singapore's city center have been temporarily reopened to ease the backlog of ships loading and unloading cargo at the world's second-largest port.

 

 

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SIGNS SHOW THAT CONTAINER FREIGHT RATES ARE SLOWING DOWN

SIGNS SHOW THAT CONTAINER FREIGHT RATES ARE SLOWING DOWN

21 June 2024

Container shipping consultancy Xeneta said that although global spot rates were rising further, the rate of increase had slowed compared to the increases seen in May and early June.

 

 

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U.S. EAST COAST PORT UNION STRIKE THREAT TO TEST SHIPPERS' NERVE

U.S. EAST COAST PORT UNION STRIKE THREAT TO TEST SHIPPERS' NERVE

20 June 2024

Labor talks at U.S. ports on the East Coast and Gulf of Mexico are a looming risk for retailers, manufacturers and other shippers already grappling with longer transit times and higher costs.

 

 

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SINGAPORE PORT BECOMES NEW BOTTLENECK IN GLOBAL SUPPLY CHAIN

SINGAPORE PORT BECOMES NEW BOTTLENECK IN GLOBAL SUPPLY CHAIN

15 June 2024

The world's second largest container port - Singapore - has experienced a spike in congestion, forcing carriers to extend charter contracts and build container fleets to prepare for the extended peak season.

 

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LACK OF EMPTY CONTAINER PUSHING SEA TRANSPORTATION PRICES DRAMATICALLY

LACK OF EMPTY CONTAINER PUSHING SEA TRANSPORTATION PRICES DRAMATICALLY

06 June 2024

Several global trade obstacles hit at the same time, causing a shortage of empty containers, pushing ocean freight rates to increase by an average of about 30% in recent weeks and are expected to increase further.

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