BLOOMBERG reports:
– E-commerce giant to raise funds as IPO pushed back to 2022
– SoftBank to back Flipkart again after selling stake to Walmart
Flipkart, the Indian e-commerce giant controlled by Walmart Inc., is in talks to raise at …

“At a time when global supply chains are under severe pressure, we have rallied together to provide our customers with additional solutions. (…) In this context, the complementarity between our maritime transport offer and the logistics solutions offered by our …

Recently we reported how Port of Nansha was the fastest-developing port in South China. Port of Nansha belongs to the portfolio of the Guangzhou Port Group and is a combination of the busiest domestic port terminal and a fast-developing international …

The closure of the Chinese hub port of Yantian last week added another layer of chaos to an already fractured supply chain, resulting in a further spike in container freight rates from Asia.
Export operations officially resumed at Shenzhen’s port …

A cyber-attack on giant meat processor JBS’s operations in North America and Australia has set off alarm bells along supply chains.
The attack, which targeted servers supporting the company’s IT systems, forced JBS to shut down nine US beef processing …

April’s uptick in air cargo volumes may have signalled a “false dawn” for the industry’s recovery: last month saw a 4% dip in demand.
Comparing May’s volumes with the pre-Covid levels of 2019, Clive Data Services and TAC Index said …

Despite facing week-long disruptions in mid-May, due to Eid-ul-Fitr-linked holidays and the Covid-19 slowdown, cargo volumes through Chittagong port last month continued to be positive, showing an upward trend on previous months.
In May, some 56,108 teu of laden containers …