Results published by the Canadian General Freight Index (CGFI) indicate that the total cost of ground transportation for Canadian shippers increased by .575 percent in January when compared with December results.
Certain U.S. federal agencies could be hindered from buying information technology systems made by companies with links to the Chinese government under the new funding law signed by President Barack Obama.
Congress and the Administration do not understand the relationship between the U.S. merchant fleet, the military and trade. This lack of understanding has created haphazard policies that are gutting the fleet and inhibiting the private sector's ability to recapitalize our aging maritime industry. The time for action is now. Congress and the Administration are considering budget proposals that, if unopposed, would destroy the U.S. maritime industry and hand over our maritime supremacy to foreign carriers.
The DAT North American Freight Index showed a return to post-recession freight volumes during the month of February, following a record-setting January. On a year-over-year basis, freight availability declined 2.5%. Month-over-month spot freight declined 14% when compared to January's unusually high freight volumes.
Supply chain managers fight a tough battle in trying to meet management demands to decrease costs while creating efficiencies and implementing sustainability measures. Economic growth has improved but lacks the stability to provide companies comfort to budget for implementation of many of the innovations in their long- or short-term plan. However, companies can stagnate without taking the time to identify opportunities to innovate. With pressure to sustain its competitive edge, leading organizations are beginning to consider their reverse supply chain to find hidden value.
In a digital age where a delay of seconds or one human error can be the cause of lost revenue, wasted resources or unhappy customers, good technology becomes critical to run a business.
Twelve years after the ocean shipping industry adopted e-commerce tools that resulted in an average savings of $100,000 per year and hundreds of thousands of labor hours per week, the final steps in the shipping process - invoicing and payment - are still catching up.
Recently, several wholesale distribution industry groups published data showing mostly steady growth in the last decade for their members in such verticals as auto parts, health and beauty, furniture, industrial, and food. In fact, many have outperformed other sectors of the U.S. economy, and this year and next are no different.
Lufthansa Cargo is reorganizing its charter business. As of April 1, the carrier's charter activities, previously overseen by the Lufthansa Cargo Charter Agency subsidiary, will be integrated into the line organization of Lufthansa Cargo.
Worldwide Express, a package and freight-shipping company based in Dallas, has developed version 2.0 of its technology platform, consisting of SpeedShip and SpeedFreight.
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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