At the end of November 2023, the Logistics market on Asian routes experienced unusual price increases. The European region faced delays due to the impacts of war, while North America saw a sluggish recovery. This posed challenges for shipping brands in balancing supply and demand, adjusting ship capacity, and offering competitive freight rates 3A Logistics …

Global Logistics Market Fluctuations in Week 47 Read More »

China is leading in rate hikes, with an 11.5% increase in Hong Kong compared to the previous week, although it has decreased by 2.2% compared to the same period last year. Air freight rates from Shanghai have also risen by 5.3% from the previous week, despite a 1.3% decrease compared to the same period last …

Air Freight Rates Continuously Increase Due to Weather and War Read More »

The Vietnam Export Promotion Forum 2023, supported by the Ministry of Industry and Trade (Department of Trade Promotion) and the Swiss Government, is set to take place in Hanoi on November 24, 2023. 3a Logistics proudly participated in this event, demonstrating their commitment to integrating and developing a green economy. Their presence offered opportunities to …

Vietnam Export Promotion Forum 2023: Promoting Green Exports Read More »

IMO-Singapore MSW Project Delivered at Angola PortIMO-Singapore project on Maritime Single Window delivery at Angola Port completed  IMO and Singapore’s MSW project at Angola’s Lobito Port successfully concludes, enhancing maritime efficiency and trade facilitation The completion of the SWiFT (Single Window for Facilitation of Trade) project at the Port of Lobito in Angola represents a …

IMO-Singapore MSW Project Delivered at Angola Port Read More »

The report by Sea-Intelligence, a Danish maritime data analysis company, provides insights into the fluctuations of capacity market shares among the three major carrier alliances across various trade lanes. Capacity market share refers to the proportion of total capacity operated by each alliance in a specific trade lane. During the pandemic, there was a notable …

Carrier alliance analysis: Ocean Alliance expands on Asia-North Europe Read More »

In recent times, despite facing numerous challenges, the logistics industry has shown both positive signs and divergent developments among its participants. According to statistics from VietstockFinance, among the 24 logistics companies that have reported their financial statements for the third quarter of 2023 on the HOSE, HNX, and UPCoM stock exchanges, 12 companies reported an …

Profit Divergence in Logistics Businesses Read More »

ZIM, an Israeli container shipping company, reports a $2.27 billion loss in Q3 2023, down from the $1.66 billion profit last year   Israeli container shipping company ZIM reported a significant financial loss in the third quarter of 2023. The company experienced a net loss of US$2.27 billion during this period, a stark contrast to …

ZIM reports a loss of over $2.2 billion in Q3 2023 Read More »

CMA CGM plays a crucial role in the global supply chain, particularly in the context of the robust growth of e-commerce and the demand for international goods transportation. The services of CMA CGM directly impact many businesses, ranging from large corporations to small and medium-sized enterprises, as well as consumers, by ensuring that goods are …

CMA CGM Upgrades Its Asia-Africa Network Read More »

Ocean Network Express (ONE) Ra Mắt Dịch Vụ Mới   Ocean Network Express (ONE) has introduced the Thailand Singapore Express (TSX) service, a dedicated shuttle service that offers customers fast transit times between Thailand and Singapore, along with excellent connectivity and transit options for cargo on the Asia-Europe trade route. The TSX service is specifically …

Ocean Network Express (ONE) Introduces New Service Read More »