📌Creating Green Supply Chains: Sustainable Logistics Leading the Charge
💙Good to know🧡
Barcodes were originally used to label cars on the railroads. Due to their success, they were expanded for use in supermarkets in 1974 and have been used across retail, logistics, and many other industries since!
Hong Kong, China
🔹DHL invest $4.77b in new Central Asia Hub launch in Hong Kong
☑ DHL Express recently inaugurated the expanded Central Asia Hub (CAH) in Hong Kong, marking a €562 million (approximately $4.77 billion) investment. This strategic expansion aligns with DHL's goal of establishing Hong Kong as a key international aviation hub.
☑ The CAH expansion includes a 50% increase in warehouse space to 49,500 sqm and a 70% boost in handling capacity to 125,000 shipments per hour. The hub now facilitates around 690 daily flights, managing 20% of DHL's global shipment volume.
Shenzhen, China
🔹Shenzhen Airport's Focus on E-commerce Amid Surging Volumes
☑ Shenzhen Bao'an International Airport experienced a doubling of cross-border e-commerce volumes in the initial seven months of the year, with expectations of further growth in the subsequent months due to increased freighter flights.
☑ The airport handled 93,000 tonnes of cross-border e-commerce traffic from January to July, a notable 101% year-on-year increase. The addition of a Boeing 777 freighter flight in collaboration with Central Airlines and YunExpress significantly contributed to this surge.
Guangzhou, China
🔹Strategic Collaboration for Logistics Development: Guangzhou and Jiangsu Ports
☑ Guangzhou and Jiangsu ports, located in eastern and southern China, respectively, have formalized a strategic cooperation framework agreement to jointly enhance shipping and logistics services.
☑ The collaboration aims to explore innovative models for the Great Bay Area and Yangtze River economic belt, focusing on improving port services and expanding collaborative initiatives. Leveraging the Pearl and Yangtze rivers, these ports are pivotal in China's container handling sector.
Shanghai, China
🔹Shanghai's Vision for 'Silk Road E-commerce' Pilot Zone
☑ Shanghai is at the forefront of establishing a "Silk Road E-commerce" cooperation pilot zone, featuring a digital technology application center and an international board for data trading.
☑ The city's plan envisions enhancing trade connectivity, promoting cross-border e-commerce, and facilitating digital trade. By 2025, Shanghai aims to achieve demonstrative institutional open achievements, host internationally competitive e-commerce entities, and establish regionally distinctive carriers.
Tianjin, China
🔹AI's Impact on China's Shipping Industry: Global Development Boost
☑ The Tianjin International Shipping Industry Expo 2023 showcased the innovative and efficient developments in China's shipping industry, emphasizing AI's role in global industrial chain growth and economic advancement.
☑ Themed "shipping throughout the world, leading the future," the expo covered various areas, including the international shipowners' zone, smart green ports zone, and port machinery and equipment zone.
Qingdao, China
🔹Advancing Sustainable Shipping: EPS Orders Ammonia Dual Fuel Bulkers
☑ CSSC Qingdao Beihai Shipbuilding and EPS signed a contract to construct up to seven 210,000 dwt ammonia dual fuel bulk carriers, meeting the preset requirements for ammonia fuel.
☑ These ships, equipped with ammonia-fueled main engines and C-tanks, demonstrate a commitment to achieving "zero carbon" operation throughout their lifecycle.
Vietnam
🔹HCMC's Stringent Measures: Revoking Licenses of 21 Transport Operators
☑ The HCMC Department of Transport has taken decisive action by revoking the business licenses of 21 transport operators engaged in fixed routes, contract-based bus services, and container truck transportation.
☑ Thanh Buoi Passenger Coach Company had its auto transportation business license revoked indefinitely due to violations involving discrepancies in the submitted application documents.
South Korea
🔹Korean Air's Dispute Over Cargo Partnership: Alleged Violation of Trade Agreement
☑ Korean Air denies allegations by Amerijet, asserting that any delays in the foreign carrier permit application are linked to a confusing arrangement between Amerijet and Maersk Air Cargo, not complying with the Korea-Denmark air trade agreement.
☑ Hanjin Logistics signed an MOU with AWOT Global Corp., aiming to enter the local logistics market, strengthening its position in logistics partnerships.
America
🔹TikTok's Logistics Venture into E-commerce
☑ TikTok, the viral video-sharing platform, is venturing into logistics to secure a significant share of the U.S. e-commerce market. The platform is establishing warehouses and fulfillment operations, managing inventory and delivery for independent merchants catering to TikTok's extensive audience.
Bangladesh
🔹Matarbari Deep-Sea Port: Catalyst for Logistics, Energy, and Manufacturing Hub
☑ The Matarbari deep-sea port in Moheshkhali is poised to transform the region into a hub for logistics, energy, and manufacturing. Japan International Cooperation Agency (Jica) anticipates the port's role in facilitating cargo shipments, accommodating large vessels, and promoting import-export transshipment and transit.
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