TRUST SMITH, a research and development venture in the field of AI and robotics, began research on the practical application of blockchain technology in the logistics industry. This rapidly evolving technology will be utilized to solve problems faced by the industry, such as improving truck loading rates, eliminating driver shortages, and reducing human error.
Global 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,