To cope with the larger vessels that will transit through the Panama Canal when its expansion is complete in 2015, Central American countries must dramatically improve their intermodal road and port network infrastructure, the quality of their trucking services and strengthen their institutional coordination, two studies issued today by the Inter-American Development Bank show.
Researchers at the University of Louisville, Ken. have created the Logistics and Distribution (LoDI) Index, a national economic indicator that is intended to help businesses monitor the health of markets and guide their investment decisions.
Analyst Insight: There has been an explosive and exciting level of growth and innovation in the development of new automation solutions for distribution operations, particularly in the areas of full-case and less-than-case automation. It is inevitable that companies in North America and other developing nations will increasingly adopt these solutions as labor markets contract due to the aging population in the decades ahead. - Marc Wulfraat, president, MWPVL International Inc.
U.S. vessel imports are down 5 percent from January but up 15 percent from February of 2012, even with one less day this year. The total twenty-foot-container (TEU) count was over 1.4 million and total shipments were over 720,000. February imports have not reached this level for four years, which is a similar stat to what we saw in January. It appears that import levels are indeed reverting back to the numbers seen before the recession.
The Stifel Logistics Confidence Index increased for the fifth consecutive month in March, according to the latest survey undertaken by Transport Intelligence. The index for the current and expected situation combined was up 0.4 points to 52.5 in March compared with 52.1 in February.
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.
Bollore SA, an investment company controlled by French billionaire Vincent Bollore, is competing to expand its African unit to operate five more port terminals and is eyeing similar growth in Asia and Latin America.
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.
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