South Korea's Hanjin Shipping Co., which roiled global trade and temporarily marooned more than half a million cargo containers when it filed for bankruptcy, says it has raised only a fraction of what it needs to repay creditors, whose claims total about $10.5bn.
The agrochemical giant was challenged by rapid growth, high service demands and the complexities of moving hazardous materials around the globe. Logistics outsourcing proved to be the answer.
Honeywell and Intel join in developing the technology for a new visibility and reporting platform that promises to provide close, real-time monitoring of goods in transit, aided by DHL, Kuehne & Nagel and Expeditors.
The manufacturer of such name brands as NordicTrack and Pro-Form found that home delivery of its product line was too flabby. A more robust last-mile provider toned things up.
The growers' cooperative, a dominant processor and marketer of almonds and related products, seeks to reconfigure its forward distribution network, to reflect current and future demand from retailers.
Ameri-Green Automotive LLC buys and refurbishes all manner of used trucks and trailers at its facility in Georgia. It needed a skilled, reliable 3PL to arrange for movement of the equipment from locations throughout the U.S.
Hyperloop One completed the second phase of testing its ultrafast transportation system - propelling an aerodynamic pod down a low-pressure tube at record speed and distance, the company announced last week.
Mexican trucking companies are urging lawmakers to stiffen penalties against cargo robberies, with a group representing motor carriers saying the escalation of crime this year has turned much of the country's highways into "no man's land."