The International Air Transport Association released figures for airfreight markets in April which showed modest growth of 1.4 percent compared to April 2012. This small increase helped to offset the 2.6-percent decline recorded in March compared to the year-ago period. And it continues an 18-month trend of basically no growth in the cargo markets.
Shipping along the Arctic northern sea route is set to grow more than 30-fold over the next eight years and could account for a quarter of the cargo traffic between Europe and Asia by 2030.
The 2012 MAP-21 bill provides highway and transit funding through FY 2014. Janet Kavinoky of the U.S. Chamber of Commerce provides insight into how this law will impact logistics and discusses other transportation issues before Congress.
The International Air Transport Association (IATA) says the international freight decline of 2.3 percent in the first three months of 2013, on a 0.3 percent drop in capacity, is a "temporary stall".
Extra Logistics LLC, an international provider of logistics and freight-forwarding services, has launched Web-based ocean and air-freight booking services.
A country of only 66 million people doesn't become the 17th-largest global manufacturer without careful planning. Thailand is the second-largest producer of light pick-up trucks. Carefully constructed strategies along with tangible incentives created this robust manufacturing economy.
Somalia and Gulf of Aden still have pirate-infested waters, but over the last five quarters, a new country's national waters have become the most heavily pirated on earth, according to data from the International Maritime Bureau's Piracy Reporting Centre.