The Caribbean logistics unit of Crowley Maritime Corp. has nearly doubled the size of its distribution center in Puerto Rico, with acquisition of a second warehouse next to its existing 70,000 square-foot facility distribution center in Guaynabo.
Six years after it was signed, the U.S.-Colombia free-trade agreement has taken effect, giving the U.S. economy a shot in the arm. Tell us again why this pact was a bad thing?
Wal-Mart Stores Inc.'s probe of possible bribery in Mexico may prompt executive departures and steep U.S. government fines if it reveals senior managers knew about the payments and didn't take strong enough action, corporate governance experts said.
Global third-party logistics had a mixed year in 2011, and 2012 could be more of the same. But the signs are highly promising, at least in certain areas, that the industry's fortunes are indeed looking up.
Following the announcement by President Barack Obama and U.S. Trade Representative Ron Kirk that the U.S.-Colombia Trade Promotion Agreement will enter into force May 15, the Retail Industry Leaders Association (RILA) said the benefits of the pact will be huge.
With the Panama Canal expansion on schedule for completion in 2014, supply chain specialists are anticipating a logistical hub to surface in the Caribbean Basin.
UPS has introduced CrossBorder Connect, a ground freight service between the United States and Mexico designed to significantly ease heavyweight freight supply chain challenges for companies investing in cross-border trade.
The Panama Canal's new locks will probably not be ready for their scheduled opening in October 2014, but will be ready for a trial run by a vessel in December, said Jorge Quijano, the engineer in charge of building the canal's third set of locks.
LOT Polish Airlines has launched an all-cargo flight between Chicago and Katowice, Poland. According to CEO Marcin Pirog: "Chicago was selected for the all-cargo service because it's the top destination where cargo is transported to and from Poland. Nearly 70 percent of airfreight between Poland and Chicago is transported by LOT." The cargo flight is operated as a wet lease with Cargo Jet twice weekly with a B767-200.