Following markedly slow growth of just 3.5 percent in 2015 due to decreased rental demand, the global leased container equipment operating fleet is forecast to increase by little more than 1 percent in 2016, according to the latest edition of the Container Leasing Industry Annual Report 2016, published by global shipping consultancy Drewry.
Toyota Motor Sales U.S.A. Inc. (TMS) has opened a parts distribution center in Lithia Springs, Ga., near Atlanta. Stocking approximately 43,000 Lexus parts, the facility will serve 27 Lexus dealers in the Southeast, primarily in Atlanta, as well as a five-state area that includes Georgia, North Carolina, South Carolina, Alabama and Tennessee.
IAG Cargo has begun two new short-haul freight services. It has launched service between Madrid and Amsterdam, to enable easier access for shipments between Amsterdam and Latin America.
The container shipping industry is undergoing a historic wave of consolidation as carriers seek to tighten supply to offset the historical drop in pricing.
TrainOSE, Greece's rail service provider, is employing a radio frequency identification-based solution to track freight cars. While the company is still reviewing the results since the system was taken live last year, it has already determined that the technology is reducing rental costs for cars that should be returned to third-party owners.
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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