Norwegian shipping company Golden Ocean Group expects that the dry bulk shipping market can absorb 10% of new vessel capacity due to port congestion and demand for coastal trade in China. Although the number of new ship deliveries needs to be reduced by 40% to maintain high charter rates, the market still shows resilience and potential for growth.
Cape Town International Airport is a major aviation hub in South Africa and Africa, having developed significantly since its opening in 1954. It is renowned for its excellent service and has received multiple international awards, including being named 'Best Airport in Africa' in 2014. The airport has also experienced steady growth in passenger traffic over the years.
The Port of Los Angeles has launched a $57 million green transportation incentive program aimed at supporting the procurement of zero-emission cargo handling equipment and clean port vessels. This initiative is designed to reduce emissions and improve air quality while also boosting the local economy and job growth, setting a new benchmark for sustainability in the industry.
The next-generation Supply Chain Conference 2025 will take place in Nashville, featuring a keynote speech by Val Marchevsky, the Executive Vice President of Uber Freight. He will share insights on the latest logistics technologies and market opportunities. The discussions on accelerating digitization and innovation will provide professionals in the industry with profound insights and new opportunities for growth.
In 2025, the global aviation industry is expected to surpass five billion passengers for the first time, projecting a net profit of $36.6 billion, which will drive global economic growth and increase employment opportunities. The IATA highlights that the recovery of the aviation sector goes hand in hand with decarbonization investments, demonstrating its vital role in the modern economy.
This article explores how Value Added Tax (VAT) serves as a facilitator of fair competition in international trade, distinguishing it from tariffs. VAT achieves tax neutrality through a multi-stage payment mechanism, providing equal opportunities for all businesses, ensuring that goods are taxed in the consuming country rather than the producing country, thereby promoting growth in international trade.
This report explores the historical changes, rapid growth, and future challenges of the Middle East aviation market, focusing on the market structures and influences in the UAE and Saudi Arabia. It depicts the current competitive landscape among regional airlines and the profitability difficulties they face, while also anticipating the potential impact of the Vision 2030 project on the industry.
The logistics real estate market in China is rapidly developing and is expected to undergo significant growth over the next 15 years. Although the demand for modern warehousing facilities exceeds supply, the rise in investment returns is attracting substantial capital influx. As international giants establish a presence in the market, domestic companies are also facing new challenges.
This article introduces TACT air freight solutions, designed to help airlines, freight forwarders, and ground handling companies streamline air operations and enhance efficiency. By providing real-time updates on air freight rates, compliance information, and flight schedules, TACT empowers industry professionals to navigate the complexities of air freight processes, achieving greater business growth and customer satisfaction.
The shared container shipping service from New Jersey's overseas warehouse assists cross-border e-commerce businesses in lowering transportation costs while enhancing flexibility and profitability. By sharing transport resources, merchants can quickly respond to market demands, reduce inventory pressure, and leverage efficient logistics services for business growth. Choosing an excellent logistics provider is key to achieving success.
