Warehousing and Storage Services Market Size is projected to reach USD 1264.01 Billion by 2030

The global warehousing and storage services market size was valued at USD 648.35 billion in 2021. It is projected to reach USD 1,264.01 billion by 2030, growing at a CAGR of 7.70% during the forecast period (2022-2030). Asia-Pacific is the most significant shareholder in the global warehousing and storage services ...

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Container market volatile but not collapsing

Hapag-Lloyd CEO Rolf Habben Jansen put a positive spin on the container shipping downturn during a conference call Thursday as his company logged yet another quarter for the record books....

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Vietnam air passengers near prepandemic levels

HANOI: The total number of air passengers passing through domestic airports will reach 80% of the peak number of passengers in 2019, says Dinh Viet Thang, director of the Civil Aviation Authority of Vietnam (CAAV)....

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Container shipping giant to set up $2b fund to reduce carbon emissions

French shipping giant CMA CGM will invest US$1.5 billion ($2.12 billion) over the next five years to accelerate its energy transition across its transport and logistics businesses, a senior company executive said....

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Vietnam urges fuel traders to release stocks to ease supply crunch concerns

HANOI (Reuters) - Vietnam on Wednesday called on its largest fuel trading firms to release their stocks amid concerns about a fuel supply crunch....

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Asia prices edge down on ample inventories

Asian spot liquefied natural gas prices (LNG) slipped this week, extending declines as strong inventory levels and ample year-end cargo supply muted buying activity....

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Accelerated increase in container volumes at the Port of Gothenburg

We see a continuation of the upward trend that began in connection with the pandemic. Product owners are attracted to the major freight hubs, which is very clear at the Port of Gothenburg. We have a broad, global route network, large vessels with direct services to important markets, the robust infrastructure, reliable ...

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Over 48m tons of goods loaded, unloaded in ports of Hormozgan in H1

As announced by a provincial official, 48.5 million tons of goods were loaded and unloaded in the ports of southern Hormozgan province in the first half of the present Iranian calendar year (March 21-September 22)....

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China self-driving trucks bring eco-efficiency, safety to port in Thailand

Suttirat Tosak was happy to see his new partners from China, 20 electric and autonomous Q-Trucks, join in loading and unloading activities at Laem Chabang port, Thailand’s largest deep sea port....

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China, factory of the world, is losing more of its manufacturing and export dominance, latest data shows

China is losing more manufacturing and export market share in key sectors to Asian neighbors, with recent “Zero Covid” policies a significant factor leading to further erosion in its long-time dominance of global trade....

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