The Federal Government's recent initiative to reduce transport fares by 50% has garnered widespread appreciation from passengers across Nigeria. This scheme, aimed at alleviating the financial burden on travelers during the festive season, has seen a significant turnout at motor parks in
The significant role of cross-border trade between the United States and Mexico has played a pivotal part in narrowing technological gaps, fostering growth in logistics infrastructure, and propelling Mexico into a prominent position within global supply chains. Over the past decade, this
Recent developments in the air cargo industry have showcased a notable decline in both tonnages and rates after enjoying a peak in the fourth quarter. WorldACD Market Data has shed light on this downward trend experienced particularly in the second full week of December, a situation strongly
Vietnam is experiencing rapid growth in cross-border e-commerce, and the joint venture between Singapore’s YCH Group and Vietnam’s T&T Group, known as Vietnam SuperPort, is set to revolutionize the sector. At the 2024 E-Commerce Connectivity and Development Forum, Yap Kwong Weng, CEO of Vietnam
The logistics industry is on the brink of a technological revolution driven by the critical need to optimize operations, enhance efficiency, and meet the soaring demands of e-commerce and global trade. As we look towards 2024 and beyond, several key trends and innovations are set to transform
Starting in September 2027, the National Highway Traffic Safety Administration (NHTSA) will require all new passenger vehicles in the U.S. to feature alarms designed to alert when rear-seat passengers are not using seat belts. This new regulation extends the existing seat belt warning systems
Meituan, a leading Chinese technology company, has embarked on an ambitious venture into international markets with its drone delivery service. This marks the company's first foray outside China, and contrary to expectations, the initial international operation is not in Saudi Arabia, where
The resumption of full operations at Canada Post following a strike has significant implications for customers, competitor courier companies, and the overall mail system. This article delves into the immediate and longer-term consequences of this development, providing insights into how various
The air cargo industry is poised for a year of moderated growth in 2025, as projected by the International Air Transport Association (IATA). Despite a deceleration in growth rates, the sector remains robust, driven by factors such as ocean shipping delays, constrained freighter capacity, and the
The pharmaceutical industry is undergoing a significant transformation driven by rapid technological advancements. The logistics sector, a critical component of the pharmaceutical supply chain, is at the forefront of this digital revolution. Technologies such as Blockchain, the Internet of Things
