Recent data shows that 10,000 Sri Lankan Rupees (LKR) can be exchanged for approximately 33.25 US Dollars (USD), with the current exchange rate at 1 LKR = 0.00332541 USD. This update reflects the current state of the Sri Lankan economy and highlights the importance for citizens to pay attention to related currency fluctuations.
Global logistics real estate giant Prologis completed its $23 billion acquisition of Duke Realty, marking a reshaping of the industry landscape. This acquisition strengthens Prologis' presence in key US markets and brings over 500 new customers. Prologis will continue to expand its service offerings to provide customers with more comprehensive supply chain solutions.
DAT reports a weak overall US freight market in October, with declining freight volumes and only a slight, unsustainable increase in spot rates. Weak demand and overcapacity are the primary drivers. The market is expected to remain volatile through 2025. Freight companies need to optimize operations, diversify services, and proactively address these challenges.
This article provides a query for SWIFT/BIC codes in Antigua and Barbuda, emphasizing their significance and impact on international remittances, assisting readers in smoothly completing their funds transfer.
This article explores the geographical location, infrastructure, and impact on travelers of Las Heras Airport (code SAVH), highlighting its significance within Argentina's aviation network and its potential for future development.
This paper provides an in-depth comparison of sea and air freight, analyzing their advantages and disadvantages across three key dimensions: cost, speed, and environmental impact. It offers guidance on selecting the optimal mode of transport. The paper emphasizes that businesses should comprehensively evaluate cargo characteristics, budget constraints, delivery deadlines, and environmental considerations to choose the most suitable solution. Furthermore, leveraging data-driven insights is crucial for optimizing logistics decisions and achieving business growth. Choosing the right method can significantly impact efficiency and profitability.
This article focuses on the key changes facing the air cargo industry in 2025. It interprets significant updates to IATA standards, guidelines, and best practices, analyzes the impact of the new PLACI security regulations, and explores how to achieve sustainable air cargo operations, including reducing the impact of single-use plastics. The aim is to help businesses prepare in advance and maintain a leading position in a highly competitive market. This includes understanding and adapting to new regulations and focusing on environmentally responsible practices.
Lamb Weston faces rising production costs and supply chain challenges due to climate change-induced potato crop failures. This article analyzes the impact of climate change on the food industry and explores how businesses and consumers can respond. It highlights the importance of climate risk management, supply chain resilience, and sustainable development practices to mitigate the effects of climate change on food production and availability. Companies need to adapt to ensure continued access to resources and consumers need to be aware of the impact of their choices.
The International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) have paused labor negotiations for West Coast dockworkers. Despite the contract expiration, both parties are committed to maintaining cargo flow. Businesses should monitor negotiation progress, diversify supply chains, build inventory in advance, and develop contingency plans to address potential risks. The outcome of these negotiations will impact West Coast port operations and global trade stability. It is crucial for companies to prepare for potential disruptions and mitigate the impact on their supply chains.
On June 7, JD.com launched its first full cargo charter flight route from Nanjing to Los Angeles, operating three flights per week with Eastern Airlines. This route significantly enhances logistics efficiency between China and the USA, with exports including daily necessities and clothing, while imports primarily consist of fresh produce. Leveraging JD.com's overseas warehouse resources in the US ensures quick delivery, supporting the growth of cross-border e-commerce.
