• Power challenges slowing Eurasian rail reefer growth

    Despite growing demand from shippers in Europe and China to increase reefer capacity on the Eurasian rail freight routes, there are still technical and cost issues slowing the deployment of temperature-controlled containers. The main issue is the cost of installing new technology and engineering components to trains on the long-haul route. Diesel-electric reefers, commonly used […]

    Fwd News 0 Comments 2 weeks ago
  • Cambodia trade growth spurs cargo boom

    Cambodia has enjoyed strong trade growth in recent years, investing in transport and logistics infrastructure a top priority for long-term development. The economy expanded by 7.3% in 2018, pegging it as one of the fastest-growing in ASEAN (Association of Southeast Asian Nations). Exports rose by 16.3%, while imports increased by 22%, and this was reflected […]

    Fwd News 0 Comments 2 weeks ago
  • LNG set to boost Eurasian rail freight volumes

    Rail freight between China and Europe is set to double during the next decade as China’s Belt and Road initiative connects the country’s Western Provinces to the transcontinental network, according to Juergen Trojak, a leading Swiss rail engineering expert. In a broad initiative, China’s Government is planning to connect Sichuan, Yunnan, Guizhou, Chongqing, Shaanxi, Ningxia, […]

    Fwd News 0 Comments 1 month ago
  • Bangladesh implements safety initiatives for garment sector

    Following decades of problems at garment factories in Bangladesh and increased scrutiny of standards by fashion brand buyers, the world’s second largest apparel exporter after China has implemented a nationwide program to upgrade fire and safety standards at garment factories. Siddiqur Rahman, President of Bangladesh Garment Manufacturers & Exporters Association (BGMEA) told Forward with Toll […]

    Fwd News 0 Comments 2 months ago
  • New carrier spices up India’s air cargo sector

    India’s air cargo market has received some much-needed uplift following the introduction of the country’s first freighter fleet operated by a scheduled domestic airline. In September, low-cost carrier SpiceJet launched dedicated cargo business SpiceXpress with its first Boeing 737-700 freighter. Three additional 737s are due in 2019, which the carrier said would boost its total […]

    Fwd News 0 Comments 2 months ago
  • India threatens retaliatory trade tariffs against US

    India is considering taking the US to the World Trade Organization (WTO), following Washington’s decision to withdraw from the bi-lateral Generalized System of Preferences (GSP) agreement between the two countries. GSP is a US trade program designed to promote economic growth in the developing world by providing preferential duty-free entry for up to 4800 products […]

    Fwd News 0 Comments 2 months ago
  • Indonesia infrastructure investment aimed at reducing logistics costs

    During the last five years, Indonesia has invested heavily in infrastructure designed to bring down the comparatively high logistics costs that hamper businesses across the vast archipelago nation of 17,000 islands. The government’s Sea Toll Road program, for example, set out to revamp Indonesia’s ageing and inefficient maritime infrastructure, including the construction of up to […]

    Fwd News 0 Comments 2 months ago
  • Bilateral airfreight deal boost for Bangladesh garments

    A new route has been launched to ensure quicker airfreight shipments of finished apparel goods to the European Union from Bangladesh. Export garments can now be trucked from Dhaka to Kolkata International Airport in India for onward shipment. The program was launched because of a shortage of equipment, lift and storage at Dhaka Hazrat Shahjalal […]

    Fwd News 0 Comments 3 months ago
  • New push for rail connections between China and South East Asia

    When Hong Kong’s impressive High-Speed Railway Station opened on the Kowloon West waterfront in late September 2018, many mainland Chinese cities instantaneously became accessible by rail within a day. It is now possible to leave the city at noon and arrive in Kunming, capital of southwest Yunnan Province, for dinner following a fascinating seven-hour journey […]

    Fwd News 0 Comments 3 months ago
  • e-commerce strains China warehouse capacity

    The e-commerce industry, especially in China, is showing no signs of slowing down; quite the opposite in fact. A revenue forecast by Statista.com places e-commerce revenue at US$1.086 billion by 2023, a massive jump from the 2019 projection of US$740.42 million. However, goods being sold through e-commerce channels must be housed somewhere, and this has, […]

    Fwd News 0 Comments 3 months ago
  • India reforms needed to benefit from RCEP fully

    Talks for the largest free trade area, comprising 16 nations, are well underway and will hopefully be finalised by the end of 2019, according to Economic Times reports. Plans for the Regional Comprehensive Economic Partnership (RCEP) began in 2013 with the goal of creating a free trade zone among the 10 ASEAN nations of Brunei, […]

    Fwd News 0 Comments 3 months ago
  • The ‘Great Cold’ sends shivers through US supply chains

    According to the traditional Chinese calendar, the 15 days ahead of the Lunar New Year (also known as the Spring Festival) is a period called the Great Cold, which barely describes the arctic freeze that descended on the United States last week, and gives a whole new meaning to the concept of cold food chains. […]

    Fwd News 0 Comments February 14, 2019