Supply Chain News

Kerry Logistics Network Limited (Hong Kong) has formed a new joint venture, Kerry Logistics Lanka (Pvt) Ltd with IAS Holdings (Pvt) Ltd in Sri Lanka...

Air cargo rates out of China hit a new high of $12.27/kg, up 4.8% week-on-week, according to the TAC Index.  This compares to $3.29/kg last...

Cotton Council International (CCI) announced that it has joined the Sustainable Apparel Coalition (SAC) and will use the group’s sustainability measurement suite of tools, the...

Due to the overwhelming face mask demand from healthcare professionals and individual consumers,  Hyosung has repurposed its facilities to increase the supply of creora elastane....

Kuehne + Nagel (Germany) has launched its AI-enabled digital road logistics platform sg.eTrucknow.com in Singapore.The service was piloted in Thailand.eTrucknow bridges the supply and demand...

Maersk had a financially strong start to the year with Q1 showing increased earning.Operating earnings increased by 23% year-on-year.Cash return on invested capital increased by...

Air cargo capacity from China is recovering and was up 22% last week, according to Seabury Consulting.Airline freighter capacity is down about 28% compared to...

DSV is launching e-Commerce Solutions, a comprehensive set of e-commerce services for shippers that serve end customers directly. The new service combines a standardised warehousing...

BELLA+CANVAS (USA) a manufacturer of premium wholesale apparel announced it is producing up to 100 million face covers a week.  The company claims to now...

Turkey’s Central Bank lowered its inflation forecast for end-2020 to 7.4% from an earlier prediction of 8.2%.Inflation is expected to decline to 5.41% by 2021,...