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Vietnam’s trade is expected to reach US$732 billion this year, the highest ever, increasing 10% against last year, the Ministry of Industry and Trade said. Exports are estimated at $371.5 billion, up 10.5% against 2021, and imports at $360.5 billion, up 8.5%,…
Local IPP Air Cargo has axed plans to become Vietnam’s first cargo airline, but Germany’s Lufthansa Cargo has expanded operations. In late October, IPP Air Cargo canceled its application to launch what would have been the nation’s first cargo airline.…
Efforts are coming in all forms to support Malaysia’s competitiveness in its transport and logistics sectors as plans to introduce a platform that will connect stakeholders of Kuala Lumpur International Airport are underway. Air cargo software provider Kale…
DHL, a pioneer in the field of sustainable transport and logistics, has announced that it will support Coldplay’s efforts to reduce CO2 emissions by more than 50% during its Music of the Spheres concert tour. While every global music tour requires intensive…
FedEx Express, a subsidiary of FedEx and one of the world’s largest express transportation companies, announced a new alliance with eBay, a leading e-commerce marketplace platform for fast-growing and established brands worldwide. eBay sellers in the Asia…
Hardy Diec, Managing Director of FedEx Express Indochina, predicts greater demand for innovative logistics models to enhance online to offline customer experience and support swift pivot businesses. What’s the status quo with the logistics industry? Supply…
Kerry Logistics Network Limited (‘Kerry Logistics Network’ or together with its subsidiaries, the ‘Group today announced the Group’s annual results for 2021. Group’s Financial Highlights Revenue (including revenue generated from discontinued operations)…
The announcement came just days after Capital A revealed plans to reorganize the airline division and diversify in an online press conference. During the conference, Capital A’s chief executive Tony Fernandes said that for the foreseeable short-term future,…
Another major global player joins DB Schenker and Lufthansa Cargo on their way towards greener supply chains: Global hardware technology provider Lenovo decided to let fly 20 tons of chargeable weight per week from Shanghai (PVG) to Frankfurt (FRA). The…
Alphabet-owned Wing has said that it will hit a landmark of 100,000 drone deliveries over the weekend. This news comes after two years of the launch of service in the Australian city of Logan which only has 300,000 people. This is happening at a time where…
Many HCMC residents have reported paying higher fees for transporting goods from their hometowns to the city compared to the pre-Covid period. Hoa in Ho Chi Minh City’s Go Vap District said that amid the city’s strict social distancing order, she had recently…
Kerry Logistics Network Limited (‘Kerry Logistics Network’; Stock Code 0636.HK) is honoured to be recognised as one of the “Most Honored Companies” in Institutional Investor’s annual All-Asia (ex-Japan) Executive Team rankings for the sixth consecutive year.…
Express delivery giants like DHL and UPS are increasing their transport capacity to Vietnam thanks to rising demand due to the Covid-19 pandemic. Germany-headquartered DHL Express recently announced a new delivery route from Hong Kong to Ho Chi Minh City…
DB Schenker and urban mobility air firm, Volocopter, have teamed up to develop solutions for the fast and emission-free transport of goods using heavylift drones. Volocopter exhibited its test VoloDrone aircraft, along with a sample transport container from…
A fully-fledged cargo airline in Vietnam would boost logistics development and stir up competition in the aviation sector amid an e-commerce boom, experts say. “Vietnam needs a cargo airline to boost the transport of goods domestically and internationally. It…
High costs and delivery failure rates continue to plague local logistics companies, which are unable to compete with foreign-owned rivals. Dao Trong Khoa, vice president of the Vietnam Logistics Business Association (VLBA), said the cost of logistics in…
