OOCL Logistics customers will be able to apply for financing through the PODIUM platform, meaning suppliers can now receive funding less than 72 hours after shipping out a product.

The feature can determine a price range for logistics services based on numerous variables including types of transportation, equipment, demand and competition. 

The Master Logistics Center Plan details the construction of 59 centers across the Kingdom that have a total area exceeding 1.07 billion square feet.

U.S. government policies including tariffs were aimed at decoupling the American and Chinese economies. But Chinese firms appear to be finding ways to mitigate the impact.

Over 64% of businesses believe they can increase their productivity by using AI, making it imperative for organizations to embrace this form of technology.

July 2023 marked the fifth straight month that the Logistics Managers' Index score hit a new all-time low.

Beyond physical expansion, the projects will also focus on implementing new technology and adopting updated terminal operating systems, including automation, at each port.

The new, sustainable version of “intermodal” could mean combining road and rail with coastal and inland water whenever possible

The tool allows carriers to bid on available shipments and receive notifications letting them know if their bid is denied, accepted, or if a counteroffer has been made.

The J.P. Morgan Global Manufacturing Purchasing Managers’ Index registered a score of 48.7 during July, matching the index’s lowest level since June 2020.