Airfreight reliability and security took another step forward with the news that American Airlines Cargo will begin offering a one-time use program with FlightSafe, a leading GPS and sensor-based tracking device for air cargo shipments.
As private equity has expanded over the last 20 years, being able to make a profit from companies has become more difficult. Gone are the days when a good purchase price, a touch of financial engineering and finding a bigger buyer were all it took to make a profit.
For decades, governments and companies around the world have focused almost exclusively on tariffs as the biggest impediment to global trade. Despite tariffs dropping to a 30-year low, reform efforts have stalled in recent years and international trade remains seriously constrained.
The federal government told an appeals court that industry objections to its latest changes to the hours-of-service rules for truck drivers boil down to "simple scientific disputes" and that the government should be free to use its discretion in such cases.
Supply chain and logistics service provider ModusLink Global Solutions plans to move its operations in The Netherlands from Apeldoorn to a new location in Venray.
Global logistics giant Aramex has signed an agreement to use the UAE's planned national railway network, its operator Etihad Rail has announced. The signing of the memorandum of understanding comes at a time of rapid growth for the Middle East's transport and logistics market.
Analyst Insight: In recent years, due to the changing and challenging global economy, there has been much talk about the need to balance natural competitive pressures with collaborative engagement across the supply base. The trick, of course, is how to do both things - competition and collaboration - effectively. I believe it starts with trust. - Kate Vitasek, faculty, University of Tennessee's Center for Executive Education, and Founder, Supply Chain Visions
DTDC Courier & Cargo, express courier company, launched its specialist logistic company for e-commerce-DotZot. This will become the first India delivery network with a reach of over 8,000 pin codes and 2,300 cities focusing exclusively on the e-retail space.
A.P. Moeller-Maersk A/S (MAERSKB), owner of the world's largest container-shipping company, plans to add more vessels to its Singapore base after making the city-state its biggest hub after the headquarters in Denmark.
Laos has made considerable progress in its efforts to develop connectivity and trade facilitation, a senior government official told the meeting of Asian-European Landlocked Developing Countries (LLDCs) in Vientiane.