Livingston International, a customs broker and provider of trade-compliance services, has expanded its global trade management (GTM) offering in India and Brazil.
Project44 has introduced dynamic pricing technology to the freight industry, via a pricing engine application programming interface (API) which allows carriers to provide on-demand pricing based on supply and demand in the marketplace.
At the heart of everything omnichannel is inventory. The customer needs to be able to get the merchandise they want, when they want it, and through their channel of choice. There has to be inventory visibility across channels, so stores, warehouses and distribution centers can see real-time inventory levels as part of the order fulfillment process. And finally, in order to actually fulfill orders in a timely and efficient manner, inventory needs to be shared across channels.
Air Menzies International Inc., a trade-only airfreight and express wholesaler, has launched a service to help forwarders in India improve the arrival times of their customers' imports.
A rash of "mega-deals" during the second quarter of 2015 have made transportation and logistics one of the hottest mergers and acquisitions sectors, boosting the average deal value to $564m, according to a recent study by PricewaterhouseCoopers.
E-commerce retailers are starting to add smaller, urban warehouses to their supply chains as the pace of online shopping and delivery transforms distribution demands.
Drone ships may be the next generation of shipping. Rolls Royce recently launched a $7.2m autonomous ship project intended to pave the way for drone vessels.
Just one year after its announcement, Egypt's expanded Suez Canal is open for business. Egyptian President Abdel Fattah El-Sisi led the inauguration ceremony, which was attended by several Middle Eastern and European world leaders. The publicly-funded expansion cost about $8.5bn.