Keywords: International freight forwarding service

 

Thailand plans multi-billion-dollar infrastructure investment to boost economy

U&I Logistics - Thailand is to invest around US$15 billion in transport infrastructure, including upgrades to its key container port, Laem Chabang, in order to boost economic growth.

 

Spot rates for Shanghai container exports fall on all routes

U&I Logistics - Freight rates for container exports from China continued to decline in the eight week of the year despite transportation capacity adjustments.

 

China announces new tax relief for small businesses in effort to bolster growth

U&I Logistics - China said on Monday that small businesses with monthly sales of less than 100,000 yuan ($14,744.48) would be exempt from value-added tax (VAT) from January 1 to December 31, 2023, another move to ease the burden for firms amid the nation’s stronger efforts in bolstering growth.

 

Supply Chain Survey: 61% percent say supply chain still not ‘normal’

U&I Logistics - More than half of logistics managers surveyed by CNBC do not expect the supply chain to return to normal until 2024 or after.

 

China manufacturing slips for third month in a row as Zero-Covid policy bites

China’s manufacturing sector has shrunk for the third month in a row, with Beijing’s zero-Covid policy causing more logistics disruption and a dip in ocean shipment volumes.