A focus on pharma logistics
The Global Pharma Logistics Summit (GPLS) saw its seventh edition unfold in Mumbai, India. This time, the focus lay on resilient supply chains within the pharmaceutical industry. The event brought together major players from companies such as Thermo Fischer Scientific, Reliance... more
Freight wagon market to grow globally by 2.6% p.a.
North America, the CIS and Asia are currently the largest markets for the OEM (original equipment manufacturer) freight wagon business. Europe follows in fourth place. North America is the only one of these regions not to have achieved growth in the past five years... more
Japanese typhoon and European holidays
Air cargo tonnages in week 33 dipped sharply, compared with the previous week, dropping especially steeply in traffic from Asia Pacific (-9%) and Europe (-11%). Further analysis, based on the over 450,000 weekly transactions covered by World ACD’s data, reveals that most of... more
FedEx: new intervention service
FedEx Express has launched a new monitoring and intervention solution for its customers in Hong Kong and Singapore. Dubbed FedEx Surround, the service enhances visibility and control, increases operational capabilities and ensures proactive intervention when required. Using... more
Solar-powered cargo vehicles take centre stage
At the “DHL Era of Sustainable Logistics Asia Pacific Chapter” recently held in Singapore, businesses, start-ups, and innovators worldwide submitted their ideas and solutions to address sustainability challenges in logistics. During this event, DHL named TUX Mobility the... more
VCT upgrades infrastructure
Visayas Container Terminal (VCT) in Iloilo, Philippines, has undergone significant upgrades in preparation for the arrival of two new mobile harbour cranes, which will enable it to handle larger vessels and increased cargo volumes. These enhancements, including the addition... more
HKG: cargo traffic up in July
Airport Authority Hong Kong (AAHK) recently released Hong Kong International Airport’s (HKIA) air traffic statistics for July 2024. During the month, cargo handling was up 14.6% to 414,000 t. Cargo throughput at HKIA has continued its consecutive double-digit year-on-year... more
Linking the Middle East with China
Jayud Global Logistics, headquartered in Shenzhen (China), has entered into a partnership with iMile, a provider of logistics and last mile delivery services based in Dubai (UAE). The venture will see Jayud running iMile’s logistics operations within China, from warehousing to... more
World’s first rotor sails on capesize vessel
Mitsui O.S.K. Lines (MOL) and Vale have retrofitted the world's first capesize bulk carrier, ‘Camellia Dream’, with two Norsepower rotor sails. This innovative step is part of efforts to reduce greenhouse gas emissions, with the vessel expected to achieve a 6-10% reduction... more
Growing volumes between booming regions
Trade between the Gulf nations and emerging Asian nations continue to show high growth momentum, surging 35% from USD 383 billion in 2021 to USD 516 billion in 2022, and is expected to reach USD 757 billion by 2030, outstripping growth rate with Western nations such as the US,... more