Logistics Knowledge

What is Air Cargo Transportation Service? Air cargo transportation involves the shipment of goods via dedicated cargo aircraft (Freight) or in the cargo holds of passenger planes. Although air cargo accounts for less than 1% of the total weight of transported goods, it represents around 35% of the world’s commercial trade value. This underscores the [...]

International Container Shipping and Logistics Market Update: Week 48 of 2023 Week 48 of 2023 witnessed a stabilization in the global container freight rate index according to Drewry, maintaining at USD 1,382, a 40% decrease compared to the same period last year and 3% lower than the 2019 pre-pandemic average (USD 1,420). Asia – North [...]

The robust growth of the economy has created an ever-increasing demand for the transportation and delivery of goods between businesses and partners. To effectively meet this demand, flexibly combining various modes of transportation is important, with sea freight playing an indispensable role, especially for those who regularly need to transport bulky and long-distance cargo. This [...]

The robust growth of the economy has created an ever-increasing demand for the transportation and delivery of goods between businesses and partners. To effectively meet this demand, flexibly combining various modes of transportation is important, with sea freight playing an indispensable role, especially for those who regularly need to transport bulky and long-distance cargo. This [...]

In 2023, the Vietnamese Freight and Logistics market is estimated to be valued at 45.19 billion USD, with expectations to rise to 65.34 billion USD by 2029. This growth reflects a compound annual growth rate (CAGR) of 6.34% from 2023 to 2029. The logistics sector plays a vital role in Vietnam’s economy, especially as the [...]

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 [...]