Industrial real estate investment trust Prologis Inc. disclosed that it will develop three inventory logistics facilities in Japan. These facilities will span 3.2 million square feet of space and offer its clientele central distribution to Tokyo and the neighboring metropolitan area.
The benefits of rail freight are being highlighted in an industry report, which claims that businesses are saving $4.5m (£2.7m) a day by using trains to transport their goods.
Ensuring driver safety is the biggest priority of fleet managers, according to a survey conducted at the 2014 NAFA Institute and Expo by GE Capital Fleet Services. With more than a third (35 percent) of fleet managers identifying it as their main concern, driver safety outpaced cost-savings goals and workforce productivity (27 percent and 22 percent, respectively) as the top concern for the second year in a row.
Organizations that closely integrate their purchasing and logistics functions deliver better business results, according to a new study from the Global Supply Chain Institute at the University of Tennessee, Knoxville. But the study, involving more than 180 supply chain professionals, also shows that many firms fail to capitalize on this opportunity and have supply chains where purchasing and logistics operate in "silos" with little cohesion.
Global logistics company DHL broke ground for its newest warehouse facility, DHL Supply Chain's Advanced Regional Centre, at Singapore's Tampines LogisPark.
Airfreight markets in March were up 5.9 percent compared to a year ago and capacity grew 3.4 percent, according to the International Air Transport Association. While this marks a significant improvement in volumes compared to March 2013, much of the growth took place in the final quarter of 2013 (over and above the usual year-end volume growth). Since the beginning of the year, air cargo volumes have been basically flat. This plateau in volumes is consistent with the recent pause in improvements to business confidence and world trade.
Wayne Zorn, vice president of customer solutions with Solvoyo, lays out the tradeoffs that sellers must make between satisfying customer demands and calculating cost to serve.
The latest news, analysis, services and systems regarding logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through logistics solutions. New technologies that provide information during local and global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics and cargo solutions to power their supply chains.
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