Logistics

Spot Rates Fall as Price of Diesel Dips Below $2

February 18, 2016

With the national average diesel price falling below $2 per gallon, truckload rates on the spot market continued on a downward trend. Freight brokers usually quote a one-time price that includes both a line-haul portion and the fuel surcharge; declining fuel prices influence spot market rates significantly.

Corning Awards Life Sciences Business to Kuehne & Nagel

February 18, 2016

Kuehne & Nagel

Corning Incorporated has appointed Kuehne & Nagel to manage the distribution requirements for its Corning Life Sciences business in the Asia-Pacific market.

Are U.S. Rail Firms' Fortunes About to Go Off the Rails?

February 18, 2016

CFO

The last decade has been a golden one for shipping goods around the world's biggest economy, and American railways have been a rare example of capitalism working well, with a virtuous cycle of demand, giant profits, and vast investment in rolling stock and tracks.

Cargo Not Specifically Addressed in Agreement to Resume U.S.-Cuba Flights

February 18, 2016

Air Cargo World

For the first time in more than 50 years, the skies over Cuba are opening up to scheduled service from the United States. The two countries signed a deal, officially allowing flights between their borders.

On-Time Performance of Container Vessel Industry Gets Off to Slow Start in 2016

February 18, 2016

Drewry

Container service reliability started 2016 on a disappointing note as the average on-time performance slipped by 5.7 percentage points in January to 69.6 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.

Last Year's Sales of Lift Trucks in North America Best Since 2006

February 17, 2016

Industrial Truck Assn.

The lift truck market in North America is at an all-time record high in the material handling industry. Total retail orders in all classes, excluding exports, totaled 225,534 units in 2015. It is the first year lift truck sales are higher than the industry's pre-recession level of 215,000 units in 2006.

Top European Airfreight Carriers Start 2016 Off Well, But Caution Urged

February 17, 2016

Cargo Facts

The big three Western European air carriers have all reported their January cargo results, and all three show improving performance.

Ocean Shipping Industry's Fortunes Rise - and Fall - on Business With China

February 17, 2016

Business Week

Shipbuilders, container lines and port operators feasted on China's rise and the global resources boom. Now they're among the biggest victims of the country's slowdown and the worldwide decline in demand for oil rigs and other gear amid the oil price plunge.

Logistics Challenges Never Greater – Tools to Manage Costs Never Better

February 17, 2016

BCG Perspectives

For many major B2B enterprises, logistics networks have never been more complex. The increasing prevalence of operations that are global - with growing numbers of production sites and clients that could be anywhere on earth - has introduced challenges that didn't exist to the same degree at an earlier time. The good news is that there has also never before been a moment when there were more tools and more opportunities to optimize logistics costs than now.

Google Patent Envisions Driverless Vehicle Bringing Packages to Your Door

February 16, 2016

RCR Wireless

In a patent filed Feb. 9, Google forecasts potential interest in using autonomous, self-driving vehicles to deliver packages, a concept Amazon and Google have both been exploring with the use of drones.

Logistics

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.