South Korea's ambitious Lotte Global Logistics set for IPO
With demand for logistics services expected to grow, South Korean 3PL Lotte Global Logistics is ...
Freight forwarders in Vietnam have seen cargo volumes down by up to 70% on pre-coronavirus levels, as their key markets remain under lockdown.
And according to Ho Chi Minh City-based supply chain consultant CEL, the world has entered a consumer demand crisis which could permanently alter its supply chains.
“As we speak, the American consumer is currently already reducing expenditure on shoes, phones, appliances, clothes, cars and tools, for example,” said CEL managing partner Julien Brun.
“Most of which are made in Asia, ...
Maersk u-turn as port congestion increases across Northern Europe
Apple logistics chief Gal Dayan quits to join forwarding group
Maersk Air Cargo sees volumes fall as it aims for 'margin in favour of revenue'
Airlines slash freighter capacity post-de minimis, but 'the worst is yet to come'
Houthis tell Trump they will end attacks on Red Sea shipping
Transpac rates hold firm as capacity is diverted to Asia-Europe lanes
MSC revamps east-west network as alliance strategies on blanking vary
India-Pakistan 'tit-for-tat' cargo ban sparks sudden supply chain shocks
Containership charter market feels the ripples from trade tensions
Container spot rates diverge: to Europe still falling, but firmer to the US
Hapag-Lloyd won't take bookings if port congestion leaves cargo stranded
Changing shipment origin won't wash: US CBP turns away whole truckloads
Airfreight players eye new routes as demand on the transpacific nosedives
Expeditors reports healthy growth in a 'frenzied landscape of tariffs'
Indian coastal freight attracts major carriers, but regional tension disrupts
Serious threat to jobs in US logistics as tariffs cause economic 'stagflation'
Comment on this article
Brian Cadusch
April 16, 2020 at 4:56 amLet’s hope we can all get back together I visit Vung Tau Vietnam 3 times a year