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Industry news

• New Air Network Designed by FedEx Will Boost Speed

  Time: 2024-03-01 | Publisher: Kevin

  

  In the ever-evolving landscape of global logistics, efficiency and speed are paramount. FedEx, a key player in the industry, is taking bold steps to reconfigure its air network, aiming to enhance performance, increase profitability, and adapt to the changing demands of the market.FedEx's ambitious initiative, dubbed "Tricol...
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• A New Plan Introduced to Revive China Logistics

  Time: 2024-02-29 | Publisher: Kevin

  

  In response to burgeoning demand and glaring infrastructure weaknesses, China has unveiled a comprehensive strategy to rejuvenate its logistics sector. The General Office of the State Council has put forth a visionary five-year plan aimed at modernising the nation's logistics framework, with a keen focus on bolstering efficienc...
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• Shippers Accuse Carriers of Price Gouging Amid Red Sea Shipping Crisis

  Time: 2024-02-28 | Publisher: Kevin

  

  As the Red Sea shipping crisis continues to roil global trade, shippers and forwarders are voicing growing concerns over what they perceive as significant price gauging by carriers operating on the Asia to Europe shipping routes. The surge in prices, they argue, is primarily driven by a slew of charges imposed by carriers, including...
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• Zim increases charges from Med and Black Sea

  Time: 2024-02-27 | Publisher: Kevin

  

  In the dynamic landscape of global logistics, adaptability is key to staying competitive. Recently, ZIM, a major player in the maritime industry, has announced significant rate adjustments that will undoubtedly impact the logistics sector. Effective from January 20, 2024, ZIM is increasing rates from the West Mediterranean por...
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• Strategies for Logistics Companies to Stay Ahead

  Time: 2024-02-26 | Publisher: Kevin

  

  In today's fast-paced world, where next-day delivery is the new standard thanks to the pervasive "Amazon Effect," logistics companies face mounting pressure to keep pace with evolving customer expectations. While giants like Amazon set the bar high with their unparalleled efficiency, smaller logistics firms often find t...
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• Inside Debate on India's Logistics Cost

  Time: 2024-02-23 | Publisher: Kevin

  

  In the vast landscape of India's economy, the logistics sector plays a pivotal role in shaping the nation's competitiveness and economic growth. Recently, a significant spotlight has been cast upon the intricacies of India's logistics costs with the release of the National Council of Applied Economic Research (NCAE...
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• Revolutionising Logistics: Unleashing the Power of AI in 2024

  Time: 2024-02-22 | Publisher: Kevin

  

  In the ever-evolving landscape of logistics, the integration of artificial intelligence (AI) is proving to be a transformative force, with profound implications for the industry. As we delve into 2024, several key trends are reshaping the way logistics operates, promising increased efficiency, sustainability, and customer satisfaction...
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• Logistics Policy and Processes for 2024

  Time: 2024-02-21 | Publisher: Kevin

  

  In September 2022, India introduced the National Logistics Policy (NLP), a visionary initiative aimed at transforming the logistics sector and fostering seamless connectivity across the nation. The NLP stands as a pivotal component, intricately weaving together existing strategic plans such as Gati Shakti, Sagarmala, Bhar...
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