Maersk and IBM have started offering TradeLens, a platform for the shipping industry jointly developed using blockchain technology, in China. This was made possible after Maersk signed a partnership agreement with China Unicom Digital Tech in May. More than 10 Chinese companies have already joined the project. Although the specific company names have not been disclosed, the company says that "industry-leading Chinese companies, two port groups, and eight intermodal and inland transportation logistics companies" have joined.
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See AllGlobal air cargo demand increased by 11% year on year in March for the third consecutive month, driven by factors like e-commerce and disruptions in Red Sea shipping. Xeneta's latest analysis revealed
Ocean freight rates decreased via North America East Coast (-3.9% week-over-week), North America West Coast (-2.8%), Europe (-0.7%), and Korea (-1.9%).
DHL Global Forwarding is enhancing its airline partnerships by integrating with Korean Air's booking system. This direct connection allows DHL to make reservations directly from its CargoWise system,
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