A significant new joint venture has been launched to enhance logistics services in Japan, marking a pivotal expansion in the country’s supply chain sector. This collaboration is designed to offer a broad spectrum of logistics solutions, including third-party logistics, warehousing, packaging, and import/export services. The new venture will feature a balanced ownership structure, with the…
Vietnam’s logistics sector is rapidly becoming a pivotal player in its economy, driven by strong GDP growth, an expanding manufacturing base, and a booming e-commerce industry. The sector’s potential is further enhanced by supportive government policies, advantageous trade agreements, and strategic infrastructure developments, making it a highly attractive field for investment. With a notable 6.42%…
The global battery metals market is presenting new opportunities for trade diversification as demand continues to grow. While current supply chains are concentrated in specific regions, this creates an ideal scenario for countries and companies to explore new partnerships and expand their sourcing networks, contributing to a more resilient and diversified global market. With an…
The global e-commerce logistics market is projected to exceed $2518.28 billion by 2031, reflecting an impressive annual growth rate of 25.09%. This surge is largely driven by advancements in technology, increased demand for online shopping, and a growing focus on sustainable logistics solutions. As the e-commerce sector continues to expand, so does the need for…
A leading logistics provider is engaging in discussions with Indian airlines to utilize its state-of-the-art terminal facilities in Hong Kong, aiming to enhance connectivity and streamline supply chain operations between India and Hong Kong. This collaboration seeks to leverage advanced infrastructure to optimize cargo handling, particularly for high-volume and time-sensitive shipments. By showcasing the benefits…
Australia’s logistics market has received a substantial boost with an investment of A$536 million, signaling growing confidence in the nation’s supply chain infrastructure. This strategic infusion of capital involves key international investors from Asia, underscoring the global interest in Australia’s logistics potential. The investment focuses on a premier portfolio of 11 multi-tenanted logistics estates located…
In a groundbreaking move towards greener operations, a major logistics provider has announced a substantial investment in electric trucks. The company plans to integrate 50 electric trucks into its fleet by the end of 2025, transforming a third of its current vehicle lineup. This initiative highlights a significant shift in the logistics industry towards more…