🌍 Global Logistics & Freight Market Updates – [28 February 2025 ] #### **📌 Worldwide Shipping, Logistics & Freight Forwarding News** 🔹 **WiseTech Global & IQAX** enhance **De Well Group's freight forwarding efficiency** with digital eBL solutions. 🔗 [Read more](https://www.ajot.com/news/wisetech-global-and-iqax-enhance-de-well-group-freight-forwarding-efficiency) 🔹 **Paige Logistics** named **2025 Clutch Global Leader** in **container shipping & flatbed trucking**. 🔗 [Read more](https://markets.businessinsider.com/news/stocks/paige-logistics-named-2025-clutch-global-leader-in-container-shipping-and-flatbed-trucking-1033141835) 🔹 **India to develop the world's longest Hyperloop test track** to revolutionize high-speed transport. 🔗 [Read more](https://www.logisticsinsider.in/india-to-develop-worlds-longest-hyperloop-test-track/) #### **🚛 Road Freight Market in India** 🔹 **India’s Road Freight Transport Market** is projected to reach **USD 157.45 billion** in 2024. 🔗 [Read more](https://www.openpr.com/news/3886537/india-road-freight-transport-market-is-projected-to-reach-usd) 🔹 **Freight Corridor** to **raise container traffic speed by four times** – Indian Railways initiative. 🔗 [Read more](https://www.financialexpress.com/business/railways-freight-corridor-to-raise-container-traffic-speed-by-four-times-3333305/) 🔹 **India's AC market faces supply chain challenges** as demand surges 20-25% in FY24. 🔗 [Read more](https://www.logisticsinsider.in/indias-ac-market-heats-up-amid-rising-demand-and-supply-chain-challenges/) #### **✈️ Global Freight Market Trends (Road, Sea, Air, Rail)** 🔹 **How Intelligent Transportation Systems** are shaping **global trade & logistics networks**. 🔗 [Read more](https://www.globaltrademag.com/how-intelligent-transportation-systems-are-shaping-trade/) 🔹 **Inbound Logistics Market is booming** – Key players: Ryder, C.H. Robinson, Maersk. 🔗 [Read more](https://www.openpr.com/news/3886545/inbound-logistics-market-is-booming-so-rapidly-ryder-c-h-robinson-maersk) #### **📦 Ocean Freight, Air Freight & Road Freight Rates** 🔹 **Global air cargo rates decline 4%**; China-to-Europe & US rates fall further. 🔗 [Read more](https://www.stattimes.com/aviation/global-air-cargo-rates-decline-4-china-rates-down-to-europe-us-1346790) 🔹 **Ocean freight futures insight:** Carriers competing in price war, lowering container spot rates. 🔗 [Read more](https://theloadstar.com/ocean-freight-futures-insight-price-war-as-carriers-compete-for-cargo/) 🔹 **HOYER Group acquires Chilean INTER-TANK**, expanding **global chemical logistics footprint**. 🔗 [Read more](https://www.ti-insight.com/hoyer-group-acquires-chilean-inter-tank/) #### **⚡ Renewable Energy & Green Energy Transition** 🔹 **India’s Green Energy Transition** highlighted at **ICC’s 13th Green Energy Summit**. 🔗 [Read more](https://www.pv-magazine-india.com/2025/02/28/indias-green-energy-transition-at-icc-green-energy-summit/) 🔹 **DOE approves 11 energy projects** to boost clean energy and grid resilience. 🔗 [Read more](https://www.solarquarter.com/2025/02/28/doe-approves-system-impact-studies-for-11-energy-projects/) 🔹 **Assam’s Renewable Energy Vision** discussed at **Advantage Assam 2.0** event. 🔗 [Read more](https://www.etenergyworld.com/2025/02/28/assams-blueprint-to-achieve-renewable-energy-goals/) #### **🚢 Container Transportation Industry Updates** 🔹 **Freightos:** **Ocean container rates dropping**, but still higher than last year. 🔗 [Read more](https://www.freightwaves.com/news/freightos-ocean-container-rates-falling-but-still-above-year-ago-levels) 🔹 **Container Ship Over-Supply Looming** – Could drive **ocean freight rates lower**. 🔗 [Read more](https://www.marinelink.com/news/container-ship-oversupply-looming-497689) 🔹 **Businesses rethinking ocean freight procurement** for 2025 amid rate fluctuations. 🔗 [Read more](https://www.xeneta.com/news/businesses-rethinking-ocean-freight-procurement-2025) #### **🌱 Sustainable Transportation** 🔹 **Ecofuel expands into heavy vehicles**, promoting **sustainable transport solutions**. 🔗 [Read more](https://www.machinemaker.com/2025/02/28/ecofuel-ventures-into-heavy-vehicle-market/) 🔹 **Global Benchmarking Report 2025** highlights **smart transport strategies of top cities**. 🔗 [Read more](https://www.globenewswire.com/news-release/2025/02/28/2025-benchmarking-transport-development-strategies-key-cities/) 🔹 **EY China’s roadmap for Hong Kong’s transport decarbonization** to lead in **green mobility**. 🔗 [Read more](https://www.ey.com/en_cn/insights/transportation/how-hong-kong-can-lead-in-transport-decarbonisation) 💡 **Stay ahead with the latest logistics, freight & transport updates!** 📩 Subscribe to **Logixmindz Newsletter** for exclusive insights. 👉 [www.logixmindz.com](https://www.logixmindz.com) #logistics #freightforwarding #sustainabletransport #shipping #supplychain #greenenergy #transporttech