September 24, 2025 at 9:37 am | Uncategorized | No comment
X-Press Feeders is raising concerns over a new \$250 million compensation order from the Supreme Court of Sri Lanka related to the 2021 X-Press Pearl disaster, stating it cannot comply while honoring existing commitments. The company, which has already paid over \$170 million toward wreck removal and cleanup through channels like the ITOPF, argues this […]
Read moreSeptember 20, 2025 at 12:15 pm | Uncategorized | No comment
Vietnam is rapidly establishing itself as a major air freight hub for high-tech and e-commerce goods, driven by manufacturers diversifying production away from China due to tariffs. Air cargo capacity on Vietnam-U.S. routes has significantly increased, with new flights being added to handle the surge in exports of electronics, apparel, and footwear, a trend that […]
Read moreSeptember 17, 2025 at 12:08 pm | Uncategorized | No comment
The Intra-Asia trade corridor has emerged as one of the most dynamic and competitive shipping markets, with major global carriers significantly increasing their capacity in September 2025. Maersk, Hapag-Lloyd, and Pacific International Lines (PIL) all expanded their deployed capacity in the region, seeking to capitalize on strong regional connectivity and insulate themselves from volatile long-haul […]
Read moreSeptember 15, 2025 at 12:02 pm | Uncategorized | No comment
The container shipping sector saw a steep drop in profitability in September 2025, with the average operating margin (EBIT) among the nine largest carriers falling to 9.9%. This is the lowest level recorded in 18 months and signals a potential rate war despite persistent geopolitical disruptions. The market’s weakened resilience suggests that overcapacity and soft […]
Read moreSeptember 13, 2025 at 9:36 am | Uncategorized | No comment
Sri Lankan Airlines has established a strategic partnership with Axis Bank in India to boost travel demand, offering exclusive benefits to the bank’s extensive 15-million strong customer base. This collaboration, which marks the airline’s first with a private Indian bank, provides Axis Bank credit and debit cardholders an exclusive 10% discount on both Business and […]
Read moreSeptember 12, 2025 at 9:27 am | Uncategorized | No comment
DHL has entered a major partnership with Manhattan Associates to implement its Manhattan Active® Warehouse Management (WM) system across its global operations. This strategic move is a cornerstone of DHL’s “cloud-first” initiative, aiming to transition hundreds of its legacy, on-premise warehouse systems to a single, scalable, cloud-native platform. The collaboration is designed to significantly enhance […]
Read moreSeptember 8, 2025 at 11:33 am | Uncategorized | No comment
Artificial Intelligence (AI) is no longer a side experiment in logistics; it is quickly becoming a competitive necessity. This was underscored by the recent announcement that Augment, a San Francisco-based AI startup, secured a new funding round of $85 million in a Series A. The investment will accelerate the company’s push to embed AI directly […]
Read moreSeptember 8, 2025 at 11:29 am | Uncategorized | No comment
Sri Lanka’s aspirations to become a logistics hub are facing a significant setback after customs authorities implemented a strict ban on the de-consolidation of goods. The practice, which involves breaking down large shipments into smaller parcels for individual delivery, had been a key driver of the island’s logistics activity. The ban, aimed at preventing under-declaration […]
Read moreSeptember 4, 2025 at 8:27 am | Uncategorized | No comment
The U.S. Department of Energy has launched a $60 million investment into two specialized programs designed to secure domestic supply chains for critical minerals and reduce strategic reliance on foreign nations, particularly China. One initiative focuses on modernizing resource discovery through advanced drilling and sensing technologies to better evaluate domestic ore deposits, while the second […]
Read moreSeptember 4, 2025 at 8:24 am | Uncategorized | No comment
The Mexican avocado industry has committed to ending exports linked to deforestation by 2026 to address environmental damage and illegal land clearing. The strategy includes a certification system where orchards deforested between 2018 and 2024 must undergo restoration to qualify for export, while any land cleared from 2025 onwards will be permanently banned. This initiative […]
Read more
