The global logistics industry is rapidly transitioning to electric vehicles, with electric truck sales increasing by 35% in 2023. Although short-haul and long-haul transport face different challenges, the expansion of charging infrastructure remains crucial. Professor David Seben emphasizes that the decreasing cost of electric trucks makes them an ideal choice for the future of transportation.
Prozo officially launched a new customer fulfillment center in Gurugram, aimed at enhancing the efficiency and quality of logistics services. Equipped with advanced facilities and technologies, the center will provide faster delivery solutions for customers, driving the growth of the regional economy and the logistics industry.
The Asia Airfreight Terminal (AAT) has recently deepened its collaboration with Hong Kong Post by establishing a transit postal station to handle outbound mail, addressing future logistics challenges. Additionally, AAT has partnered with Air Premium and DHL Aviation to further enhance air freight capabilities, supporting the hub status of Hong Kong International Airport.
This article explores the impact of volumetric weight and actual weight on freight calculation in cross-border logistics, highlighting the importance of optimizing packaging and controlling shipping costs. It provides strategies such as utilizing vacuum compression technology and IoT devices to help businesses reduce logistics costs and enhance profit margins.
The positioning of logistics in China-Russia trade needs to be precise and personalized. Customized solutions, infrastructure layout, localized operations, and digital methods are employed to meet market demands and geopolitical challenges. The goal is to achieve sustainable development through risk management and differentiated competition.
BravoTran has partnered with Röhlig Logistics to provide a global accounts payable automation solution. This initiative aims to enhance operational efficiency and financial control, offering significant competitive advantages for complex international business.
JAS has signed a share acquisition agreement for Pentagon Freight Services, aiming to enhance its influence in the field of specialized logistics solutions, particularly in industries such as oil, marine, and construction. This acquisition will further expand JAS's global network and service capabilities.
The recently released Logistics Managers' Index (LMI) indicates that despite ongoing challenges from rising costs and tight warehousing, the logistics sector continued to expand in May, with an LMI reading of 59.4. This reflects pressures in inventory management and changes in transportation capacity, while also suggesting multiple uncertainties in the economic recovery.
The 36th Annual Logistics Report summarizes the challenges and strategies faced by the logistics industry amid economic and geopolitical uncertainties. Companies need to enhance resilience and agility by optimizing transportation networks, adopting modern technologies, and improving warehouse efficiency to achieve sustainable development.
The White House has postponed the reciprocity tariffs originally set to take effect on July 9 to August 1, increasing uncertainty in the logistics industry. Experts indicate that the new tariff scope may impact consumer prices and urge attention to future economic dynamics. Analysis from S&P Global shows a decline in overall U.S. import tariffs, which is expected to exert a dampening effect on inflation.
