The product tanker market has enjoyed healthy returns in recent years on the back of structural changes taking place in trading patterns. However, impending fleet growth is expected to reduce the sector's earnings over the medium term, according to the Product Tanker Market Annual Report 2015 published by global shipping consultancy Drewry.
As a manufacturer, if you make up less than 10 percent of your distributors' product mix, you are not getting the attention of management or, more importantly, sales representatives.
For the second straight year, Dubai-based Emirates reigned as the champions of scheduled international airfreight tonnage, with 2.29 million tonnes carried on the main decks of its freighters and in the belly holds of its vast passenger fleet, according to Air Cargo World's annual Top 50 Air Cargo Carriers.
United Launch Alliance LLC is a joint venture of Lockheed Martin and The Boeing Co. Brad Houser, senior manager of supply chain operations, explains the company's mission, and how it crafts a supply chain that's geared toward absolute reliability in support of rocket launch services for government and the private sector.
It doesn't matter if the cost of supply is at an all-time high or fluctuating wildly, the impact of excess inventory and inefficient operations can be crippling to cash flow in bulk distribution.
Challenge: A pharmaceutical customer's growing order volumes and regulatory compliance needs prompted Kenco to reevaluate the customer's technology solution.
Challenge: A kitchen and bath manufacturer was experiencing reduced trailer cube capacity due to the large packaging requirements of its product line. The customer wanted to increase cube capacity to reduce freight expenses.
Used Class 8 truck metrics were generally in line from June to July, with average age and miles up an incremental 1 percent each. Compared to last year, average prices were up 2 percent in July and 6 percent year to date, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.
Yusen Logistics Russia has become a federal customs license holder within the Russian Federation, allowing it to introduce a portfolio of customs-clearance services in Russia.
Challenge: When a motor coach breaks down, time is of the essence in having the right part on hand. But as this Kentucky-based manufacturer learned, establishing an efficient inventory distribution system can be a daunting challenge, especially in the sizeable Canadian market. Shipments were chronically late, and the company's warehouse solution proved incapable of servicing the entire country. And to make matters worse, the company's logistics provider did not seem interested in solving these problems.
