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DB Schenker – Singapore: A Vital Node in Singapore’s Logistics Ecosystem

The Logistics & Supply Chain Management Society

Singapore’s Status a Global Hub. From its peak, 97% flight capacity was reduced from Singapore Airlines. Typically, 45% to 50% of cargo is carried in belly holds of aircraft. With such dramatic reductions in flights, Singapore’s status of a logistics hub was put severely at risk. Keeping Supply Chains Moving.

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An Update from Sharm El-Sheikh on Decarbonisation of Transport

The Logistics & Supply Chain Management Society

Since COP26, the number of signatories to the ZEV Declaration has grown from an initial 120-130 to a total of nearly 200 national and local governments, OEMs, fleet owners and other entities. In April 2022, Singapore and Palau joined the initiative taking the total to 24 country signatories. Shipping Routes: Clydebank Declaration.

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Enter RCEP: The World’s Largest Free Trade Agreement

Logistics Viewpoints

These include: tariff elimination on at least 92 percent of goods traded between RPCs; simplified customs procedures to expedite the clearance of cargo, with a six-hour ceiling for express and perishable items; and easing of rules of origin definitions. RCEP Benefits for Singapore, according to the country’s Ministry of Trade and Industry.

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