Amazon Logistics Expansion Pioneering Inhouse and Thirdparty Services

Amazon Logistics Expansion Pioneering Inhouse and Thirdparty Services

Amazon recently revealed plans to establish an independent delivery and parcel handling business, which could significantly impact its future business model. For the first time in its 10-K annual report, it positions itself as a 'transportation services provider' and hints at offering logistics services to third parties, potentially generating substantial profits. This move showcases the company's ambition and expansion potential in the e-commerce logistics sector.

07/28/2025 Logistics
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US Industrial Real Estate Stabilizes on Strong Logistics Demand in Q2

US Industrial Real Estate Stabilizes on Strong Logistics Demand in Q2

The Cushman & Wakefield report indicates that in the second quarter of 2023, the U.S. industrial real estate market remained stable, driven by logistics resilience. There was strong demand for new warehousing facilities; however, the western regions faced negative absorption pressures. It is expected that in the coming years, new supply will continue to exceed absorption until 2027, when the market is forecasted to reverse.

08/07/2025 Logistics Industry Insights
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Philippines Initiates Study to Boost Maritime Trade Efficiency

Philippines Initiates Study to Boost Maritime Trade Efficiency

The Philippines has launched a National Customs Time Study at the Manila International Container Port, aimed at enhancing customs clearance efficiency in maritime trade. Supported by the WCO and the UK's HMRC, the project will employ a data-driven approach to identify bottlenecks, with the final report expected by the end of 2025. This study will serve as a foundation for future trade facilitation and national coordination.

08/08/2025 Logistics
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National Bank of Egypt Explains SWIFTBIC Code Usage

National Bank of Egypt Explains SWIFTBIC Code Usage

This article introduces the SWIFT/BIC code NBEGEGCX 005 for the National Bank of Egypt (NATIONAL BANK OF EGYPT), emphasizing its significance in international banking transactions and providing related banking information. The aim is to assist customers in navigating cross-border financial activities more smoothly and efficiently.

09/04/2025 International Settlement
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Arab Bank PLC Simplifies Remittances With SWIFTBIC Guide

Arab Bank PLC Simplifies Remittances With SWIFTBIC Guide

This article provides detailed information about ARAB BANK PLC (SWIFT code: ARABPS22080), including its location and address. It emphasizes the importance of correctly using the SWIFT/BIC code in international remittances to help users avoid delays and potential financial losses, thereby enhancing their remittance experience and security.

09/04/2025 International Settlement
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