May 25, 2025 at 12:06 pm | Uncategorized | No comment
Sri Lanka’s export sector demonstrated robust growth in the first four months of 2025, with total exports reaching US$ 5.58 billion, marking a 6.9% increase compared to the same period in the previous year. This impressive performance includes both merchandise and services exports, with April 2025 alone seeing an 8.74% year-on-year growth to US$ 1.29 […]
Read moreMay 22, 2025 at 11:14 am | Uncategorized | No comment
The “2025 Transportation Outlook – Q2 Update” by NTG Freight highlights the dynamic shifts occurring in the global freight market. As Q2 progresses, shippers are observing rising spot rates driven by seasonal demand, alongside tightening drayage capacity and the continued influence of tariff changes. A significant development is the impact of tariff cuts on Chinese […]
Read moreMay 22, 2025 at 9:15 am | Uncategorized | No comment
The global trade landscape in May 2025 continued to experience significant volatility, driven by ongoing tariff shifts, regulatory adjustments, and new international trade agreements. A notable development was the 90-day tariff pause between the U.S. and China, which, while easing immediate tensions and rates, introduced a period of uncertainty. This pause prompted a surge in […]
Read moreMay 9, 2025 at 8:42 am | Uncategorized | No comment
The Maersk Asia Pacific Market Update for May 2025 details the region’s evolving logistics landscape, influenced by geopolitical developments, trade policies, and shifting demand. Despite new tariff regimes and market uncertainty, ocean and air freight volumes showed resilience in early Q1, with Far East Asia exports driving a 4.7% year-on-year growth in global ocean container […]
Read moreApril 30, 2025 at 7:12 am | Uncategorized | No comment
In an era of persistent global challenges, including high inflation and market volatility, building supply chain resilience has become a top priority for businesses worldwide. The traditional approach of simply holding more inventory to buffer against uncertainty is being replaced by a more proactive and strategic methodology. Companies are now focusing on creating robust, adaptive […]
Read moreApril 28, 2025 at 4:34 am | Uncategorized | No comment
A key theme in logistics news from April 2025 was the continued evolution of AI from a futuristic concept to a practical tool for daily operations. Rather than focusing on “AGI,” logistics professionals are leveraging AI for tangible applications like predictive analytics, route optimization, and autonomous inventory management. These tools are being used to streamline […]
Read moreApril 24, 2025 at 4:31 am | Uncategorized | No comment
The container shipping market in April 2025 was marked by significant rate volatility, with a key report from Flexport highlighting the ongoing impact of U.S.-China trade tensions. Carriers responded with a wave of blank sailings, particularly on the Trans-Pacific route, to manage capacity and prevent a steep drop in freight rates. This instability is a […]
Read moreApril 10, 2025 at 6:32 am | Uncategorized | No comment
Over the years, our organization has been recognized for its commitment to excellence, innovation, and industry leadership across various domains. These awards are a reflection of the dedication, strategic vision, and collaborative spirit that drive our operations forward. Each recognition not only honors our past accomplishments but also strengthens our motivation to continue setting benchmarks […]
Read moreApril 2, 2025 at 4:28 am | Uncategorized | No comment
Shipping giant A.P. Møller-Maersk announced its agreement to acquire the Panama Canal Railway Company, a strategic move to strengthen its intermodal transport network. The deal gives Maersk control of a critical rail line that connects the Atlantic and Pacific oceans, a key asset in its push to provide end-to-end logistics solutions. This acquisition is part […]
Read moreMarch 24, 2025 at 3:39 pm | Uncategorized | No comment
After an extended nine-month mission at the International Space Station (ISS), two American astronauts have safely returned to Earth, despite the earlier setback of their Boeing Starliner capsule departing without them. The Starliner, marred by technical issues, left NASA astronauts Butch Wilmore and Suni Williams stranded longer than anticipated. Their return was made possible through […]
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