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MSC LAUNCHES NEW SHIPPING ROUTE TO BYPASS HORMUZ STRAIT, ENSURING GLOBAL TRADE FLOW
Amid escalating geopolitical tensions in the Strait of Hormuz—one of the world’s most critical maritime routes—global container shipping leader Mediterranean Shipping Company (MSC) has swiftly introduced a new logistics solution to mitigate risks and maintain supply chain stability. Specifically, MSC has launched the Europe – Red Sea – Middle East Express service, connecting European ports […]
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President Trump Announces “Significant Tariff Reductions” on Vietnamese Goods: A Golden Opportunity for Export Businesses and the Logistics Industry
According to information from the Ministry of Foreign Affairs, at 8 PM on July 2nd, General Secretary To Lam had a phone call with US President Donald Trump to discuss bilateral relations and issues related to reciprocal tariffs between the two countries. During the exchange, President Trump highly appreciated Vietnam’s commitment to opening its market, […]
Update: Israeli Ports Remain Operating Normally Amid Israel-Iran Conflict
Haifa and Ashdod: Normal Operations Amid Missile Attacks Despite military tensions between Israel and Iran entering their fourth day with multiple missile strikes, two key Israeli ports – Haifa and Ashdod – remain operational. Over the weekend, missiles from Iran targeted the Haifa area, home to one of the region’s busiest container ports, along with […]
IATA Forecasts Slight Increase in Airline Profits in 2025: Opportunities and Challenges for Cargo Transport
According to the latest financial report from the International Air Transport Association (IATA), 2025 will see global airline profits reach approximately $36 billion, a slight increase from the previous year’s $32.4 billion. However, alongside the optimistic signals from passenger transport, the air cargo sector is facing several worrying challenges. Falling Fuel Prices – A Key […]
Wave of Layoffs in the Transportation Industry in California and Texas
The freight industry in two major US states – California and Texas – is witnessing a wave of widespread layoffs, affecting more than 1,000 workers in just the past week. Major players like UPS, FedEx, Amazon, and several others have announced downsizing plans to restructure and adapt to market fluctuations. UPS: Laying Off 355 Workers […]
Container freight rates from Shanghai to the US have surged due to the impact of the “90-day tariff reduction period”.
Shipping Rates Soar on Trans-Pacific Routes Over the past week, the international shipping market witnessed significant volatility as container rates from Shanghai to the US West Coast surged by 31% in just one week. According to a report released Friday by the Shanghai Shipping Exchange, this surge was primarily driven by shippers rushing to export […]
OOCL Spends Over $3 Billion to Order 14 Methanol-Powered Supercarriers – Expanding Fleet, Towards Global Green Shipping
OOCL Invests Heavily in Sustainable Development Strategy OOCL – one of the world’s leading container shipping companies – has just signed a $3.08 billion contract to build 14 new methanol-fueled container ships. This is a strategic move to expand its fleet and clearly demonstrate its commitment to green and sustainable shipping. The ships will be […]
Actual Transportation of 13 Containers from Hai Duong to Binh Duong via Inland Waterway: Interlink’s Effective Solution
Interlink Transports 13 Containers from Hai Duong to Binh Duong Interlink recently completed a special project transporting 13 containers of goods from Hai Duong to Binh Duong via inland waterways. With meticulous preparation and a professional team, we ensured fast delivery, cost savings, and absolute safety for the goods. Thanks to our ability to transport […]
US Tightens Tariffs: Directly Affects Only 1.5% of Global Shipping, But Risks Remain.
According to Clarksons Research, although US tariffs are attracting significant attention, they currently only directly impact 1.5% of global shipping traffic. While this figure may seem modest, the risk of escalation remains, potentially altering trade policy and reshaping the international shipping network in the future. The Actual Impact of US Tariffs on Shipping Data from […]
Vietnam will be among the top 30 fastest-growing trade nations in the world by 2030.
Vietnam is poised to become one of the fastest-growing economies globally in terms of trade by the end of this decade. According to the latest report from DHL – a world leader in shipping and logistics – Vietnam will be among the top 30 fastest-growing countries in the world in terms of trade by 2030. […]
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