Here’s what you should know today.

1. Uber Freight launches to connect truck drivers with available shipments

Uber Freight is a new service from the ride hailing company that pairs up trucking companies, including independent operators with shipments that needs to be hauled from one place to another.

The app is targeted towards vetted and approved truck drivers, who can browse for nearby available loads, see the destination, distance and payment upfront, then press to book the job.

The platform will streamline something that can take hours of back and forth and long negotiations via phone, putting it in a simplified workflow with confirmation of a job acceptance and payment within a few minutes.

Read the rest of the story here.

 

2. Vietnamese logistics firms increase cross-border transport

Foreign logistics firms are expanding cross-border transport services between Vietnam, China and other countries in the region to meet increasing demands, contributed by growth in ecommerce.

Attention is focused on the development of Shenzhen-Hnaoi-Bangkok, and Kunming-Lao Cai Haiphong networks, which have promising full truckload and less truckload potential.

ZYL is the first Chinese firm that has been permitted to cross the border directly without any trans-load at the border.

Cross border trade between Vietnam and China is becoming increasingly more popular among international firms and Vietnamese firms. The popularity of the market is being driven by the expensive costs of air transport and the risks inherent in sea-based routes.

Read the rest of the story here.

 

3. Recommended Reading: Why Alibaba is betting big on Malaysia instead of Singapore

Operational and labor costs in Singapore are substantially higher compared to Malaysia. Limited and expensive land costs in Singapore is also another drawback as Alibaba requires over 20,000 acres of space for its e-fulfillment center alone.

What else? Read the rest of the story here.

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