Yang Ming to launch two Europe-East Med express services
Yang Ming Marine Transport Corporation (Yang Ming) is launching two new express services as it continues to strengthen...
FedEx completes first-ever US-China roundtrip panda deliveries
Federal Express Corporation (FedEx) has recently transported six giant pandas between the United States (US) and China...
IATA: Air cargo demand marks 6th month of double-digit growth
The International Air Transport Association (IATA) released data for May 2024 global air cargo
Jet fuel shipments up 11% as airline traffic now exceeds pre-COVID levels
During the first nine months of 2024, seaborne shipments of jet fuel increased 11% over 2023, according to a new report...
SF Express launches facility with SATS to boost Southeast Asia logistics
SF Express Singapore has opened its airside logistics centre located at SATS Core A warehouse in Changi Airfreight...
DHL expands contract logistics portfolio to the UAE
DHL Group has announced the introduction of the DHL Supply Chain in the United Arab Emirates (UAE) through a strategic...
AAT named cargo handler for Thai Lion Air, Indonesia AirAsia in Hong Kong
Asia Airfreight Terminal (AAT), a subsidiary of SATS Ltd, has announced its partnership with Thai Lion Air and...
JD Logistics to double overseas warehousing capacity by end 2025
JD Logistics, the logistics arm of JD.com, has announced plans to double its overseas warehouse space by the end of...
DP World acquires 47,000 TEUs to boost capacity
DP World said it has acquired 47,000 TEUs that have been registered and branded to the company for the first time. The...
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S&P: Global trade growth expected to rise to 4.8% in Q4 2024
Supply chain activity growth remained slow at a global level, according to a new S&P Gl
Asia Pacific airlines record continued expansion in cargo demand
Airlines in the Asia Pacific reported another month of cargo growth in May, driven by an
CREDIT: ISTOCKPHOTO/SHARAMAND
Mexico has been one of the major winners of the nearshoring trend that has seen North American and European companies look to diversify their procurement by sourcing a larger portion closer to home. Containerized exports from China to Mexico were up 60% in January. Trade between China and Mexico accelerated from 3.5% growth in 2022 to 34.8% last year.
Mexico soars on nearshoring, flows from Asia
In early May, CMA CGM announced a new trans-Pacific container service for shipments from the
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