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Federal Express Corporation, a global leader in express transportation, has released the findings of a survey focusing on trade lane trends between the Asia Pacific (APAC) and Europe. The study illuminates the main drivers and obstacles to cross-border trade.…
Foreign trade surged 22.6 percent in 2021 to a new high of $668.5 billion despite the supply chain disruptions caused by Covid-19. Exports were up 19 percent at over $336 billion, but domestic companies only accounted for 26.4 percent of it. Over 35…
Container shipping giant Maersk on Wednesday agreed to buy Hong Kong-based LF Logistics for $3.6 billion in an all-cash deal, as it seeks to expand beyond its core ocean freight business. The deal is one of the group’s largest takeovers to date and follows a…
Vietnamese exporters are struggling to send goods abroad despite high demand because of a nearly five-fold year-on-year surge in container shipping costs. Shipping costs from Asia to Europe rose above $10,000 per container for the first time on record last…
Vietnamese businesses are once again struggling to get containers to export their goods amid a global imbalance in the logistics sector. Bui Thi Ngoc Tuyen, deputy director of Bich Chi Food Company in the southern province of Dong Thap, said as empty…
Exporters complain they face difficulty delivering goods due to a shortage of containers, whose rentals are rapidly increasing as a result. The Vietnam Maritime Administration (VMA) on Monday wrote to container shipping lines, instructing them to publicly…
Starbucks has just unveiled a new concept store in China created inside six repurposed shipping containers. An identical concept, created by Japanese architect Kengo Kuma, first appeared in Taiwan. As the 800th store in Shanghai, the Starbucks container store…
Hydro Flask, the US brand of high-performance, insulated stainless-steel flasks targeting the outdoors market, has launched in Hong Kong. From this month, Hydro Flask products are being sold by Hong Kong retailers through an expansion of the company’s…
Asia Pulp & Paper (APP) continues to expand its portfolio to meet the environmentally conscious goals and demands of consumers with the newest addition to the Foopak suite of products: the new Bio Container for takeaway food. Constructed with folding boxboard…
In 2017, Bolloré Logistics Japan was awarded the transportation of materials and equipment from Mitsubishi Corporation for a large-scale fertilizer plant in Navoiy, a city in the central region of Uzbekistan. By September 2018, our team had successfully…
Cái Lân International Container Terminal (CICT) announced the launch of a new route for container vessels ACS Cái Lân connecting India, Malaysia, Singapore, Việt Nam, China and the Republic of Korea on Tuesday. The operator of Cái Lân Terminal also welcomed…
The Papua provincial government, facilitated by the Indonesian ship management PT. Pelindo IV, has released 100 containers of forest products to China. President Director of PT Pelindo IV, Doso Agung, said in a statement received by ANTARA here on Tuesday…
The Vietnam Logistics Association (VLA) on Wednesday launched a ceremony to implement the Government’s first national action plan to improve the country’s competitiveness and its logistics sector by 2025. Lê Duy Hiệp, VLA chairman, said that VLA had been…
A giant container vessel arrived at Cai Mep International Terminal in Vietnam’s southern region Monday, helping mark the port on the world’s shipping map. The 194,000-DWT Margrethe Maersk of 399 meters long of the world’s biggest container ship family was…
According to MCI, the containers will be Star Cool Integrated reefers that are equipped with an automatic ventilation system. A large number of the reefers will also be equipped with a controlled atmosphere system. Delivery is expected to be completed by…
Having inaugurated Wasuir Port at Wondama Bay, Teluk Wondana District, West Papua Province yesterday, President Joko Widodo today, Wednesday, April 6, 2016, will inaugurate five ports which connect Eastern Indonesia regions. Head of Transport Department of…
