NorthLink Aviation’s plans to develop an e-commerce hub at Anchorage Airport may have faltered, in the wake of the administration’s decision to rescind a de minimis exemption — but the airport continues to increase freight volume. The combination of higher tariffs, additional compliance burdens and longer clearance… To read this article you need to subscribe….
The shipping and logistics industry has always been a complex network of stakeholders, from carriers and shippers to customs brokers and warehouse operators. Traditionally, these parties have relied on siled systems and manual communications, resulting in inefficiency, delays, and increased operational costs. However, with Digital transformation As global supply chains reshape, API-driven integration is emerging…
Škoda Transtech is in the running for the award of a contract to purchase 63 LRVs to Stadler earlier this month. ŠKODA previously supplied Artic LRVs to Helsinki. ŠKODA Transtech has filed a formal complaint with the Finnish Market Court in response to the decision taken earlier this month by the Helsinki Metropolitan Area Transport…
MSC has announced plans to launch a service between Asia and Mozambique, marking the next step in the evolution of trade between Asia and East Africa. The Cheetah service will be launched with the 2,500 TEU MSC Sheffield III vessel departing Shanghai on November 3 on a Singapore-Colombo-Bira-Nakala-Singapore port voyage. The vessel was previously allocated…
The global payments landscape is undergoing a seismic shift – and at the forefront is the thriving ecosystem built around Bitcoin. Recent industry forecasts indicate that Bitcoin payment ecosystem It could grow from about US$1.1 trillion in 2022 to about US$5.5 trillion by 2032, representing an expansive transformation of how value flows around the world….
The campaign launched to save the Plauen tram network has great public support. The Tatra tram fleet in Plauen was rebuilt between 1992 and 1996, but is now nearing the end of its life The tram network in the city of Plauen in the southeastern German state of Saxony may be forced to close due…
Dhaka’s air cargo community fears goods worth about $1 billion will be lost in the devastating fire that broke out at Dhaka Airport on Saturday, according to Mohammad Hatem, president of the Exporters Association of Bangladesh (EAB). Clothes, fabrics, yarn and spare parts were among the largest items destroyed, as well as a large amount…
After a period of decline, Bitcoin is showing signs of stabilizing as major macroeconomic pressures begin to ease, with experts suggesting the top cryptocurrency may be bottoming out. According to data from CoinGecko, Bitcoin rose nearly 2% over 24 hours, hitting a high of $109,405, sparking a slight rally across the broader altcoin market. Read…
Nearly half of respondents (44%) said they paid higher prices for inventory as a result of the tariffs but did not change their purchasing levels. Meanwhile, 19% chose to reduce inventory purchases in order to manage costs associated with higher tariffs. With changing trade policies and rising tariffs, it is perhaps not surprising that the…
As the fragile peace deal in Gaza holds, the shipping industry’s thoughts have once again turned to the possibility of safe passage through the Red Sea and the Suez Canal. The local situation in the Bab el-Mandab Strait remains very volatile, as this weekend the LPG tanker Falcon suffered an explosion that led to 24…