A railway company that operates passenger and freight trains throughout Hong Kong has boosted the accuracy and efficiency of data capture related to the maintenance of its passenger cars and locomotives, thanks to the use of active RFID tags and readers provided by Hong Kong RFID Ltd.
LCL Logistix, the Indian member of the FPS network of independent freight forwarders and non-vessel operating common carriers, has launched a new less-than-containerload service from India to the Baltics and Commonwealth of Independent States.
On March 11, 2011, a tsunami off the coast of Japan caused human tragedy on a massive scale, killing thousands and rendering more than half a million homeless. The tsunami also wreaked havoc on business supply chains worldwide. Toyota and Honda experienced a 30-percent and 60-percent decline in profit, respectively, which both attributed to production lags caused by limited supplies of parts after the tsunami. The tsunami caused an estimated $40bn in economic losses due to interruptions in global supply chains.
Inttra, a global, multi-carrier shipping network for ocean freight, is now offering its shipper members access to cargo insurance from Lloyd's of London broker FP Marine Risks.
An expanded Panama Canal will result in a smaller number of North American air cargo centers, according to the recently released North American Port Analysis by commercial real estate firm Colliers International. The report, titled "CapEx or Capsize," says air cargo's role in global trade will be defined by the tug-of-war between energy/infrastructure costs and e-commerce growth in the first post-Panamax decade, from 2015 through 2025.
United Airlines has set a goal to save 85 million gallons of fuel in 2013. The airline says this savings will equal 828,750 metric tons of CO2 or about $275m at current fuel prices.