Logistics

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Illustration depicting South Korea's 4.5 trillion won investment in expanding overseas logistics hubs to 40 sites across 11 countries by 2030.
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Gov't to invest 4.5 trillion won in overseas logistics hubs for exporters

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The South Korean government will invest at least 4.5 trillion won ($3.06 billion) to secure overseas logistics hubs supporting export operations of local companies. The Ministry of Oceans and Fisheries unveiled the plan at a meeting of ministers on industrial competitiveness, aiming to expand government-backed overseas logistics bases from nine to 40 by 2030. The hubs will be established in 11 countries with significant trade volumes, including the United States, Canada, Mexico, Vietnam, Indonesia, and Germany.

Octane, a digital payments platform, has launched O-Tolls in partnership with the National Company for Roads Building and Development, becoming Egypt's first to offer digital payments for toll gates and truck weighing for vehicles. The service uses Near Field Communication (NFC) technology to streamline operations across more than 500 toll gates and weighing stations. It aims to boost operational efficiency and cut costs for logistics firms.

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The Colombian Federation of Logistics Agents in International Trade (Fitac) voiced concerns over severe logistics issues at Buenaventura port, causing traffic jams up to 25 kilometers long and waits of seven hours. These problems hinder operational efficiency, raise costs, and endanger drivers' safety. Fitac calls on the government and bodies like Dian for coordinated action.

DHL Express Mexico has integrated 81 JAC Sunray Cargo Euro VI vehicles into its logistics operations, part of an ambitious renewal plan to acquire 1,002 units in 2025 with a 70 million euro investment. This partnership with JAC and Grupo Andrade aims to enhance efficiency and sustainability in last-mile transport. Executives emphasized commitment to innovation and the environment at the official handover.

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Logistics giant DHL Supply Chain has received its first Tesla Semi electric truck following a successful two-week trial in California. The vehicle demonstrated impressive efficiency, covering 390 miles on a single charge while fully loaded. This addition supports DHL's goals to reduce emissions and expand its electric fleet.

Postnord has sent out 150,000 notifications to customers about packages that do not exist. The error stems from a system glitch at a supplier and affects private customers who previously ordered goods from China. The company stresses that it is not fraud.

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The Colombian company Envía has invested in 240 new vehicles to bolster its operational capacity and adapt to market dynamics. This expansion is part of a strategic plan that includes technological upgrades and aligns with its goal of handling 50 million units in 2026. The focus emphasizes customers, sustainability, and support for the national industry.

 

 

 

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