The rise of e-commerce
In a new study, AltIndex.com, a data platform, forecasts that the global ecommerce industry will grow by 15% in 2024. Expected to gross USD 3.64 trillion in 2024, the digital market is really taking off this year. Despite the current macroeconomic situation with supply chain... more
A new option for transpacific trade
Ocean Network Express (ONE) is launching the Asia Pacific 1 (AP1) service to enhance its transpacific network. AP1 will connect Asia and the US West Coast, with direct routes from Taipei and Shekou to Los Angeles and Oakland. The initiative aims to cater to the growing import... more
The price is the freight business
The European Commission (EC) approved Korean Air’s business combination with Asiana Airlines on 13 February 2024. The approval comes in the form of conditional clearance, which is subject to the carrier’s compliance with certain commitments agreed upon with the EC. To... more
Exporting cars in containers
In the box: Bolloré Logistics has carried out trials in Chennai (India) for finished cars export, replacing the conventional ro-ro method with a containerised solution. Reusable stacks facilitate loading and stuffing inside containers, ensuring zero damage to up to four finished... more
Hong Kong carrier adds third European destination
Only few days after launching a service to London (STN), its second new European destination after Milan (MXP), Hong Kong Air Cargo has introduced a new e-commerce route connecting Hong Kong and Liège in Belgium, with all-cargo flights operated by A330-200F. Liège airport... more
Rhenus India invests in green fleet
The forwarder has launched EV trucks in India to vehicles to augment its local network and extend its existing logistics services for the chemicals and ingredients distributor Brenntag. The introduction of EV trucks is Rhenus India’s latest sustainable logistics initiative.... more
India's far-reaching freight corridors
India has completed all of its eastern dedicated freight corridor and more than 80% of its western counterpart. The country’s ministry of railways has planned and implemented the two freight corridors in an attempt to reduce logistics costs with higher axle load trains and... more
Celebrating the second anniversary in Shanghai
According to CNN, Europa Shanghai, which was established early in 2022, navigated the 4.6% drop in Chinese exports in 2023 by continually growing its local customer base. As the team celebrates its second anniversary in the province, it has grown its sales team by 15%.... more
Hybrid carriers to Réunion Island
Kalmar, part of Cargotec, has secured a deal with CMA Terminals, a subsidiary of CMA CGM, to supply three Kalmar hybrid straddle carriers for SAMR, CMA CGM Group's Indian Ocean hub on Réunion Island. Scheduled for delivery in Q4/2024, these machines will increase... more
Growing cargo business in Asia without freighters
LCC Thai Vietjet Air has signed a master GSSA agreement with ECS Group member AVS GSA Thailand. The strategic partnership allows Thai Vietjet Air to leverage ECS Group's in-house digital tools and expert knowledge to promote its cargo business effectively. Serving... more