The volatility of global spot freight rates since the start of 2015 has continued to increase in comparison to 2014, according to rate assessments on 11 routes gathered by the World Container Index (WCI). Price turbulence on the globally important Asia-to-Europe routes has been particularly high in 2015 with monthly volatility increasing 43 percent on average in comparison to 2014.
The dry bulk shipping market is not expected to return to profitability until 2017, despite a modest recovery in earnings anticipated over the next two years, according to the latest edition of the Dry Bulk Forecaster, published by global shipping consultancy Drewry.
Stage Stores' vision is to have no compliance violations on orders from suppliers and zero chargebacks, says Ken Lettre, vice president of compliance and supplier relations. Barring that, it wants any violation to occur only once. Lettre explains how Stage Stores is working to achieve those goals.
The use of aero-robots, or drones, in the supply chain may be nearer than you think, and potential applications extend far beyond delivery of small packages, says Jonathan Evans, CEO of Skyward. Evans discusses the technology behind commercial drones and Skyward's role in helping build a digital airspace infrastructure.
U.S. Senator Cory Booker has introduced the "Commercial UAS Modernization Act," which could create temporary rules to allow commercial drone operations in the United States.
Almost every U.S. company large or small annually conducts the essential financial audit. But many executives may not be aware that an audit of another kind may be just as critical to their organizations' financial stability plus providing optimum customer service and, literally, protecting the well-being of the public.
That audit? An evaluation of a firm's compliance and operational practices in the shipment of dangerous goods by air, land and sea.
Industrial giant Tyco has embraced a philosophy of "zero harm" in terms of its impact on the environment and the safety of employees. David Haley, director of distribution, explains how this commitment is being implemented at the company’s fulfillment centers.