The shipping industry, particularly the India-Europe ocean route, is witnessing a significant yet stabilizing change. Over the past month, spot rates for shipments have seen a noticeable decline, reflecting a balanced supply-demand environment. Major carriers such as Maersk have adjusted their
The air cargo market in Bangladesh has faced unprecedented upheaval due to the recent political unrest. The protests, instigated by student opposition to a government job quota system favoring veterans of the 1971 independence war, have spiraled into a nationwide anti-government movement. The
The recent expansion of the partnership between logistics solutions provider OneStop and freight specialist Intermodal Group (IMG) marks a significant development at the newly operational Kenwick Intermodal Terminal (IMT) in Western Australia. IMG has implemented OneStop’s Vehicle Booking System (
Cainiao, the logistics arm of Alibaba Group, has announced a groundbreaking initiative aimed at transforming global logistics for small and medium-sized enterprises (SMEs) in China. This bold move seeks to establish seven cross-border merchant centers across the nation within the year,
In a world increasingly concerned with environmental sustainability, a new player has entered the global trade arena—Cross-Border Green Logistics. A critical innovation spearheaded by thought leaders like Marco Lopez, CEO of Intermestic Partners, Green Logistics seeks to minimize the heretofore s
Kazakhstan and Kyrgyzstan have embarked on a significant venture to enhance their economic relationship by establishing a cross-border trade and logistics center. This collaborative initiative is strategically positioned near the Ak-Tilek and Karasu border crossings, yet outside the border zone, to
