FedEx inks MOU with China-based airline to boost air cargo network
The partnership with China Southern Air Logistics could make Guangzhou a key connection for U.S. shipments to Southeast Asia, Cirrus Global Advisors founder Derek Lossing said.
The partnership with China Southern Air Logistics could make Guangzhou a key connection for U.S. shipments to Southeast Asia, Cirrus Global Advisors founder Derek Lossing said.
With global trade flows shifting toward more volatile and irregular demand patterns, the focus is moving away from planning around fixed seasonal cycles, according to the forwarder.
A tangle of new rules and a lack of clear direction on which green fuel will power the MPV fleet of the future were cited as reasons for the current lack of new ship orders
Ship operators told Breakbulk Europe they need certainty that the truce between the US and Iran will hold before committing crew and vessels to the region.
The 2 million-square-foot facility features sortation and automated systems along with custom software to increase supply chain speed and throughput.
The Dubai-based company said it wants to secure a long-term lease at the Gulf Coast port to build a new box terminal, thanks to the port’s newly deepened ship channel.
Companies will need to evaluate their importer of record arrangements and ensure they have deep levels of supply chain visibility ahead of the changes, experts said.
Technology developers are emphasizing the need for greater visibility into networks of loads and trucks and greater trust in shipper-carrier partnerships.
Space availability on the trade lane has tightened as a result of MSC withdrawing its Indus Express service, while other competing networks reported schedule disruptions in the form of six blank sailings.
After inking annual service contracts that were slightly lower than the prior year, importers are now facing the double-barrel reality of rising bunker fuel costs and soaring peak season surcharges.