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Germany-China bilateral trade has been on an upward trend and is growing frequently each year. The year 2022 registered high values for imports increased, showing favourable signs of further growth, while exports between China and Germany declined. So far, Chinese imports and exports have ranked among the top 5 values in terms of trading with […] More
China’s trade has increased significantly over the past years, especially after the pandemic-ridden time in 2020. Amidst the different dynamics of the global economy and multilateral trade, various factors have contributed to a high rise in China’s trade values. The global trade activities rebounded in 2021, followed by the increased production of electronics, automobiles, and […] More
Australia is the world’s biggest exporter and producer of one of the critical minerals called—‘lithium’. The critical mineral that is also responsible for the mechanism of electric vehicles is also one of the highly valuable minerals in today’s global markets. Australia is at the forefront of the lithium market, accounting for about one-third of the […] More
3PL (third-party logistics) providers encompass outsourced logistics services that offer a varied range of obtaining and execution. 3PL refers to shipping or storing products for better supply chain management. With this same process, businesses can do stocking and shipping items on behalf of a customer. SAP e-commerce plus other businesses with 3rd party logistics providers […] More
Russian crude oil supplies are gaining traction in Asian countries and developing a refining capacity. The concerned authorities increasingly manufacture these refineries. The reports suggest that these refineries are refining Russian crude oil. But for what? The countries where the imports of crude oil are increasing in value from the inbound shipments of Russia are […] More
As governments around the world are increasingly working on sustainability, the freight industry has been facing pressure to reduce its carbon footprint. However, many companies are not ready to invest in transitioning to green freight transport. What is green freight? What are the benefits of green freight? What are the challenges companies are experiencing in […] More
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