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While some HK news reports have proposed reducing or changing the land use of Hong Kong container terminals, it's important to consider the potential of the Greater Bay Area.
Hong Kong has emerged as the new base for PayCargo, an international logistics payment platform, in collaboration with Autotoll Smart Solutions. This partnership aims to offer flexible electronic payment solutions in the region.
The Three-Region One-Lock Scheme for the Guangdong-Hong Kong-Macao Greater Bay Area has been launched with the aim of fostering economic and trade growth and creating new prospects in the logistics industry.
Global shipping giant FedEx recently revealed plans to roll out a pioneering data-driven commerce platform called "fdx" this Fall.
The rapid growth in ASEAN economies, especially e-commerce, is fueling substantial demand for logistics services. A Google - Temasek study estimates Southeast Asia's online market will reach $240 billion by 2025.
In recent years, cross-border e-commerce has rapidly emerged as a critical growth driver for China's foreign trade. According to data from China's state news agency Xinhua net, the total import and export value of China's cross-border e-commerce reached 2.38 trillion RMB in 2023 - marking a 15.6% year-on-year growth.
Integrating artificial intelligence (AI) in the logistics industry has brought unprecedented precision, efficiency, and innovation to supply chain management.
With the rising popularity of online shopping among overseas Chinese communities in recent years, demand for cross-border package logistics between China and the US has surged.
In its 2024 fiscal budget, the Hong Kong government doubled down on supporting the development of the city's logistics industry through a series of tangible aid measures.
On February 1st, The Transport and Logistics Bureau (TLB) announced the implementation of optimization measures through the "Third-Party Logistics Service Provider Subsidy Pilot Scheme".