MSC buys controlling stake in Ukraine's Yuzhny box terminal
MSC is reported to have expanded its European port network this week, acquiring a majority ...
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2024 review: Are we in the early stage of an improving logistics demand cycle?
With the IMF forecasting global GDP growth of 3.2% in 2024, global merchandise trade volumes are projected to also rebound, reaching a growth rate of approximately 2.3%. This marks a significant improvement from the 1.1% decline in 2023. The uptick in trade volume has directly translated to increased demand for logistics services, with global sea and air freight forwarding volumes expanding in the year by 2.5% and ...
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