Expeditors International experienced an impressive financial performance in the third quarter, thanks to significant increases in both air and ocean freight volumes compared to the previous year. For the quarter ending September 30, Expeditors reported a 19% year-on-year increase in air freight
The US freight forwarding industry has faced a tumultuous year in 2024, marked by a series of challenges that have tested its resilience and adaptability. From labor disputes and natural disasters to evolving regulatory requirements and legislative changes, the sector has navigated a complex
Amid ongoing strained bilateral relations with India, Bangladesh, which is the world's second-largest garment producer, has opted to reroute its textile exports through the Maldives to better manage its supply chain and ensure timely delivery of cargo. This strategic shift potentially affects
In a significant move that underscores the rising importance of Vietnam in the global logistics and maritime sectors, AD Ports Group and Vingroup have signed a Memorandum of Understanding (MoU). This partnership is set to revamp Vietnam's maritime infrastructure, a critical factor in boosting the
Danone has taken a significant step towards sustainability by partnering with Maersk through the ECO Delivery Ocean program, aiming to drastically reduce its greenhouse gas (GHG) emissions from logistics. Maersk's ECO Delivery Ocean utilizes alternative fuels such as biodiesel and biomethanol,
In a significant move indicative of broader industry trends, Cosco Shipping has made a high-profile order for six large container ships from Hudong-Zhonghua Shipbuilding through its subsidiary, Cosco Shipping Container Lines. This action follows closely on the heels of a similar agreement just ten
