A robust improvement in consumption demand, generous government support, and rise in public sector infrastructure spending are expected to result in steady growth in the Middle East and Africa in 2015, according to a report from Frost & Sullivan.
Liner schedule reliability improved for the fourth consecutive month in May as the aggregate on-time performance for the three core East-West trades jumped by 4.0 percentage points to reach a new data-series high of 71.6 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.
A small collection of metropolitan markets produce, consume and distribute the vast majority of all U.S. goods, a concentration that puts enormous pressure on specific infrastructure, and demonstrates how problems in one market can spread across the entire country.
Chemical shipping faces another tough year, but prospects are improving thanks to the strength of the product tanker market which is attracting a growing number of swing ships out of chemicals into products, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.
Cross-border e-commerce is expected to exceed 3 billion consumers and $300bn by 2018, but to seize this opportunity, retailers must formulate strategies that meet the needs of global shoppers.
Import cargo volume at the nation's major retail container ports has returned to normal levels following ratification of a new West Coast labor agreement, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.