News

Global shipping growth at risk from economic gloom, UNCTAD says

Synopsis The slowdown is expected to impact shipping, which transports more than 80% of global trade, although tanker freight rates could stay high.

Global 3PL logistics growth rate reaches 9%

The global third-party logistics (3PL) market size is expected to grow from $900 billion (2021) to $990 billion this year at a 9.4% CAGR, according to Business Research Company.

North American logistics business in slow growth

The boom period for North American logistics companies is predicted to come to an end as economic activity cools down, slowing growth in 2023.

Hai Phong - regional logistics service center - Last post: Human resource development levers

Hai Phong has been offering breakthrough policies and solutions, capturing new ideas to further promote advantages, enhance the role of logistics services in the economic structure of the city, strengthen connectivity and create diffusion in the region. However, human resources for this industry are still modest, requiring a sustainable development strategy.

Vietnam Logistics Forum 2022: Finding solutions to develop green logistics

On 26/11/2022, the Ministry of Industry and Trade in collaboration with the City Committee, Hai Phong People's Committee organized the plenary session of the Vietnam Logistics Forum 2022 with the theme "Green Logistics" in person and online. This is an annual event organized by the Ministry of Industry and Trade in collaboration with relevant agencies since 2013.

What is FCL/LCL?

An FCL/LCL contract is a mode of shipment by ocean freight, also called “pier/house”. The charger takes the packages in a container and delivers a cargo which is destined for several different recipients. On arrival to the port destination, the packages are separated. They are then put at the disposal of the different recipients or delivered to them.