While not as prevalent today as in the past, there has been tension between group purchasing organizations (GPOs) and distributors over the years. A good deal of the tension was the result of a misunderstanding as to the roles each plays in the supply chain. For instance, many distributors believed - and may still believe - that they are in competition with GPOs.
GE Capital Aviation Services (GECAS), the aviation leasing and financing arm of GE, is underway with its inaugural 737-800NG passenger-to-freighter conversion with Miami-based Aeronautical Engineers Inc. (AEI).
German container shipping company Hapag-Lloyd has announced a new international shipping alliance which is due to start up in April 2017 for initially five years, spanning 18 percent of global container fleet capacity.
Descartes Systems Group has acquired Pixi Software GmbH, a Germany-based provider of applications for e-commerce order fulfillment and warehouse management.
Last Thursday, the U.S. Senate passed the FY2017 Energy and Water Development Appropriations Bill by a wide margin of 90 to eight. It is the first appropriations legislation to pass the Senate this year, and it incorporates $6bn in funding for the Civil Works Program of the U.S. Army Corps of Engineers, the agency charged with maintenance and improvements to navigable waterways.
Chemical tanker shipping freight rates are expected to remain firm over the medium term, thanks to rising production capacity in key exporting countries, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.
Prices for new dry freight containers declined to their lowest point since 2002 during first-quarter 2016 and are still going down, according to the latest edition of the Container Equipment Insight, published by global shipping consultancy Drewry.
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.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.