UPS comes calling with freight forward services

United States-based logistics and shipping firm UPS announced the introduction of its freight forwarding services to and from Myanmar on August 19. The firm highlighted Myanmar’s rapidly growing economy and aims to becoming a manufacturing market as reasons for entering, adding demand for freight services is expected to skyrocket, according a release marking the announcement. […]

The Freight Co Ltd Myanmar Introduces Barge Service

The Freight Co Ltd Myanmar said it has started a barge service between Thailan’ds Ranong province and Yangon. The barge service operated by Consolidated Heavy Lift Singapore will start operation in the middle of September, the logistics services firm, which is a subsidiary of Thailand-based The Freigh Co Ltd, said. The barge service is primarily […]

Damco Launches First Container Freight Station in Myanmar

Third-party logistics provider Damco has started operating the first international warehouse and Container Freight Station (CFS) facility in Myanmar, the Netherlands-based company said. This brand-new 4,000 square metre facility is C-TPAT compliant and located within 15 kilometres from Yangon Port and major industrial locations, Damco said. The facility is suitable for import and export activities […]

Policy changes disrupting for car importers

Local car dealers tired of losing money due to frequent and erratic policy changes regarding imports blame the government for creating an unstable market. Since allowing imported vehicles into the country in 2011 as part of nationwide reforms, the auto sector has seen gradual and sweeping policy changes aimed at regulating the market, while attempting […]