The logistics sector in Greater Tokyo is adapting to a surge in new supply, with vacancy rates rising to 7.7% in the first half of 2024. This increase, up 0.6 percentage points over the past six months and 1.6 percentage points year-on-year, reflects the substantial addition of new logistics facilities to the market. Notably, 60%…
Vietnam North’s logistics market is experiencing dynamic growth, with total supply expected to exceed 1.3 million square meters by the end of 2024—an impressive 18% year-on-year increase. This surge reflects the region’s growing importance as a vital link in the global supply chain. In the latter half of 2024, approximately 131,000 square meters of new…
Exciting changes are underway in Africa’s logistics sector, with a growing shift from road to rail transport offering new opportunities for efficiency and sustainability. As Africa continues to develop its infrastructure and trade capabilities, rail transport is emerging as a key player in enhancing supply chain effectiveness across the continent. Historically, road transport has been…
In a promising development for international logistics, logistics professionals from the U.S. and Malaysia recently joined forces in Penang, Malaysia, from August 19-23, 2024. This event, the second of its kind, focused on enhancing mutual understanding and collaboration between the two nations’ logistics teams. The exchange provided an excellent opportunity for both countries to build…
The Saudi Maritime and Logistics Congress is set to make a grand return on September 18-19 in Dammam, promising an even more dynamic and impactful experience. This year’s event, now in its fifth edition, will bring together leading experts and professionals from the global maritime and logistics sectors for a comprehensive exploration of industry advancements.…
The Energy Department has announced a significant $40 million investment to advance the sustainability of the solar supply chain, reflecting a strong commitment to clean energy and environmental stewardship. This funding is set to drive positive change by improving the management of solar module waste and supporting the development of innovative solar technologies. A substantial…
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…