World trade in peril, says WTO 
In mid- April, the WTO published its analysis on the implications of the war in Ukraine for global trade and development. The WTO secretariat's note, ‘The Crisis in Ukraine: Implications of the war for global trade and development’, anticipates that the crisis could lower global... more
New air/road service from China to Mexico
3PL Dimerco has launched a new product for customers shipping automotive components from Southern China to a common manufacturer in Mexico. The company said in a press release that fifteen manufacturers of the metal stamping and die industry based in Southern China share a... more
Almost 200,000 transports in 2021
The transport company Asstra increased its turnover by 30% year-on-year to EUR 460.4 million in 2021. Gross profit improved by 21% to EUR 39.9 million. Almost 196,000 transports were handled on the company’s network via 1,000 destination trade lanes, with full load transports... more
Latin America and Africa need new approach
A new study, conducted by Economist Impact, shows that business is feeling the effects of inflation, geopolitical tension, port congestion and transportation costs in various and regionally specific ways, with companies in South America and Africa facing a more negative outlook.... more
Strong 2021 for Fesco
The Russian transport group Fesco has reported its results for the full year 2021. While coastal shipments (81,000 teu) and international transhipments (284,000 teu) moved sidewards, the group's volumes in general cargo and oil product transhipment in the commercial Port of... more
Alibaba targeting SMEs
The Cainiao Network, the logistics arm of the Alibaba Group Holding, recently announced the launch of a digital end-to-end e-commerce logistics service for small and medium-sized enterprises (SMEs). The offer is intended to include services such as pickup, warehousing,... more
When the Queen is amused
B&H Worldwide is one of the 226 British organisations to be honoured with the prestigious Queen’s Award for Enterprise for International Trade for 2022. The prize is awarded for meeting several strict criteria including the importance of exports to the business; and Her... more
An acquisition in Canada
Michigan (USA)-based Lineage Logistics is acquiring Canada’s Versa Cold Logistics Services from Tor Quest Partners and its co-investors the Investment Management Corporation of Ontario and OP Trust. Financial details were not disclosed. Founded in 1941 and headquartered in... more
WDS with new site in North Pacific
World Distribution Services (WDS), an affiliate of the World Group, recently secured a new 90,000 sqm distribution facility in the USA’s Pacific Northwest, giving customers an additional destination and thus more distribution options. “Developing solutions to keep freight... more