In an era where global commerce is perpetually active, Venix Logix positions itself as the conductor of flawless logistics solutions. Welcome to a domain where multi-modal expertise converges with accuracy, transforming every shipment into a performance marked by efficiency and dependability. Embark on an exploration of the complex tapestry of supply chain excellence, where the […]
Shipping giant A.P. Moller-Maersk (MAERSKb.CO), which handles one out of seven containers shipped globally, said the Petya cyber attack had caused outages at its computer systems across the world on Tuesday. The attack came as computer servers across Europe and in India were hit by a major ransomware attack. “Global cyber-attack Petya is affecting multiple […]
On July 9, 2017 COSCO SHIPPING Holdings Co. Ltd. (“COSCO SHIPPING Holdings”), a majority owned subsidiary of China COSCO SHIPPING Corporation Ltd., Shanghai International Port (Group) Co., Ltd (“SIPG”)and Orient Overseas (International) Limited (“OOIL”) jointly announced that COSCO SHIPPING Holdings and SIPG have made a pre-conditional voluntary general offer (“Offer”) to all shareholders of OOIL. […]
The June cyberattack that paralyzed the computer systems in companies around the world is estimated to have cost the world’s biggest container shipping line between $200 million and $300 million US, A.P. Moller-Maersk said Wednesday. The Copenhagen-based group, which was particularly severely affected by the attack, says the impact will first be reflected in its […]
IBM and Danish transport company Maersk said they were working together to digitize, manage, and track shipping transactions using blockchain technology. The technology, which powers the digital currency bitcoin, enables data sharing across a network of individual computers. It has gained worldwide popularity due to its usefulness in recording and keeping track of assets or […]
The rules for shipping lithium batteries continue to change. Now air carriers are getting in on the action. In addition to major regulatory changes for lithium battery air shipments in the IATADangerous Goods Regulations (DGR) for 2017, shippers now face new requirements from major air carriers FedEx and UPS. The FedEx and UPS updates can […]
Apple Daily, a Hong Kong based newspaper reported that the nine armoured vehicles seized by the Hong Kong Customs and Excise Department in November last year is not seen in the warehouse in which it had been impounded. The paper said that a reporter from the publication was able to see the Terrex Infantry Carrier Vehicles belonging […]
A big jump up: Austria as a logistics location has risen from 22nd to 7th place in the World Bank’s recently published logistics performance index (LPI). A total of 160 countries were surveyed by the US-based financial institution. Upper Austria’s chamber of commerce calculated that the country’s logistics industry directly delivers around EUR 8.6 billion […]
The trucking industry invests at least $9.5 billion in safety annually according to a landmark report released Wednesday by American Trucking Associations. “We know that this industry prioritizes and invests in improving safety on our nation’s highways,” said Dave Osiecki, ATA’s executive vice president of National Advocacy. “With the results of this survey, we now […]
UPS announced service enhancements in central and southern areas of Changhua County, designed to help importers and exporters better connect to a global marketplace. “The rise in demand for the Internet of Things (IoT), smart devices and drones have significantly contributed to the US$335.2 billion semiconductor industry in 2015². As a major contributor to the […]
