Vietnam’s logistics sector is advancing with the launch of a new rail freight consolidation service along the North-South Railway, connecting Hanoi and Ho Chi Minh City. This development is expected to significantly improve supply chain operations by providing businesses with a more efficient, cost-effective, and environmentally friendly transport solution for smaller cargo shipments. As the…
Thailand is taking a major step toward becoming a key logistics hub in Southeast Asia with an ambitious infrastructure development plan set to enhance regional supply chain connectivity. By investing in land, sea, and air transportation, the country aims to streamline freight movement, lower costs, and create more efficient trade routes that will benefit businesses…
A logistics provider in the Philippines has partnered with a leading Thai firm to revolutionize the country’s supply chain operations. The collaboration is aimed at optimizing logistics for significant infrastructure projects, with a particular focus on renewable energy and critical transportation systems. The Thai firm will deliver advanced cargo handling solutions for renewable energy projects,…
Japan is strengthening its commitment to economic sustainability and inclusive growth in the Philippines with a $4.7 million grant aimed at enhancing the fishery supply chain. The initiative, formally signed in Mandaluyong City, will be implemented by the Food and Agriculture Organization (FAO) in collaboration with the Ministry for Agriculture, Fisheries, and Agrarian Reform (MAFAR).…
South Korea is taking proactive steps to enhance its logistics sector by launching a specialized task force aimed at strengthening global supply chain resilience. This initiative focuses on fostering collaboration between the public and private sectors to optimize logistics operations, expand international trade networks, and support local businesses in navigating evolving market conditions. Government officials…
The European logistics sector is poised for significant growth, with projections indicating a $48.4 billion increase from 2025 to 2029. This expansion is being fueled by the rapid rise of e-commerce, increasing demand for efficient supply chain solutions, and the integration of AI-driven technologies. Industry analysts forecast a steady annual growth rate of 3.4%, as…
The returnable plastic crate market is on a steady growth trajectory, reflecting a shift towards more sustainable and cost-efficient supply chain solutions. With a market valuation of USD 1.70 billion in 2024 and a projected increase to USD 2.51 billion by 2034, the industry is set to expand at a promising 5.13% compound annual growth…
The East African supply chain is set to benefit from enhanced connectivity with the establishment of a new logistics hub in Dar es Salaam, Tanzania. This strategic expansion strengthens trade routes across the region, providing seamless access to key landlocked markets, including Rwanda, Burundi, Zambia, and the Democratic Republic of Congo. By leveraging the Port…
South Wales is making remarkable progress in strengthening its semiconductor supply chain, with a new investment initiative set to enhance local production and drive economic growth. As the global demand for compound semiconductors continues to rise, the region is positioning itself as a key player in the industry by fostering innovation, attracting talent, and reinforcing…
The Union Budget for 2025-26 is set to transform India into a global trade powerhouse by strengthening its logistics and supply chain capabilities. With a strong focus on boosting exports, enhancing infrastructure, and supporting small businesses, this budget lays the foundation for a more efficient and competitive trade environment. A key initiative introduced is the…