Lufthansa’s cargo division recorded modest profit growth in the third quarter and this week launched a trans-Pacific freighter service.
Lufthansa’s cargo division has expanded service to Vietnam.
Investors behind Vietnam’s first domestic cargo airline, IPP Air Cargo, have grounded operations before ever taking off.
Ocean liner Zim will include the Port of Boston in a China-Vietnam trade route.
“Expectations are that high consumer demand and low inventory levels will keep rates elevated well into next year,” says Peter Sand, chief analyst at Xeneta.
Nike shoes may symbolize speed on the track, but its business has been slowed by shipping and production delays.
The stress levels of logistics managers and supply chain managers are at all high-time highs — and for good reason.
It costs $1.2 million to charter a cargo jet from Vietnam as air exports slow because of the government’s response to a wave of COVID infections.
Vietnam is the newest epicenter for supply chain chaos. Manufacturing and port activity have been cut by new COVID precautions.
Major e-commerce growth led DHL Express to change aircraft and routes in Southeast Asia for package delivery.
Russian airline has become the 19th customer for the twin-engine, all-cargo aircraft.
Cargo flights from Vietnam to the U.S. were rare until COVID and the need for speed for supplies to quell the outbreak. It’s a long trip, but it can make economic sense now to make that flight without a stopover.
Lori Ann LaRocco explains why intra-Asian trade is down and its affect on the United States.
One of the Middle East’s largest airlines targets freight to keep its more than 250 aircraft flying during the coronavirus pandemic.
Austrian freight forwarder cargo-partner says Hanoi Airport is a truck alternative from South China even though the region has massive air cargo capacity.
Global shipping giant Maersk has opened its latest logistics and distribution center to cope with growing domestic demand in Vietnam.
The agreement is hailed as “a critical step forward in our economic and security partnership.”
A United Nations report concludes U.S. consumers and Chinese exporters are the primary losers in the trade war. Taiwan, Mexico, Europe and Vietnam are net beneficiaries.
Big air trade drops with major trading partners leaves industry looking for backfill
The transfer of production out of China to avoid U.S. tariffs of up to 25% is having a tangible impact on global trade flows.
State cannabis regulator sets guidelines including two-person delivery teams with body cams and vehicles equipped with GPS, alarms and secure storage.
Ethiopian Cargo has added weekly service to Bangkok and Hanoi, Vietnam.
Amazon is having trouble with late deliveries; OPEC cuts production due to weakening demand growth; Vietnam might face increased tariffs on its U.S. exports.
Cathy Roberson writes about Vietnam’s growth as a manufacturing center as manufacturing moves from China to other nations in Southeast Asia.
The Trump administration is considering levying tariffs on the remaining $300 billion of Chinese exports to the United States so far unaffected by duties. Freight Intel, FreightWaves’ proprietary research group, […]
Ohio raises diesel and gasoline taxes; YRC’s rank and file get their hands on a new collective bargaining agreement; Uber’s IPO approaches; warehouse automation growing rapidly; Vietnam’s logistics growing 14-16% CAGR.
Apple’s manufacturing partner Foxconn Technology Group, which assembles Apple’s iPhone product in China, announced on Saturday that it has raised over $213 million for what it described as a “mega-development” in India.
Among news of poor performance in the Chinese economy, one of the most distressing signals for foreign retailers and manufacturers is Apple’s announcement on Wednesday that the company had reduced revenue expectations due to poor iPhone sales in China.
The FMCSA and ATA talk regulations at SMC3; Cummins has to pay tariffs to import its own engines; Canadian National and Canadian Pacific investing in Port of Vancouver; why protectionist rhetoric is roiling the markets; key takeaways from OPEC’s Vienna meeting.
Vietnam is the fastest growing supplier of electronics and apparel to the United States, and a fresh wave of foreign investment has the country poised to realize gains in worker productivity.
