The Panama Canal Authority (ACP) has set a new historical tonnage record, welcoming 340.8 million Panama Canal tons (PC/UMS) through the canal in the 2015 fiscal year.
Import cargo volume at the nation's major retail container ports is expected to increase 3.3 percent this month over the same time last year as retailers make final preparations for the holiday season, according to the monthly Global Port Tracker report from the National Retail Federation and Hackett Associates.
Challenge: An online fashion retailer's model for distributing product from Europe to end customers in the U.S. created high shipping costs that made it impossible to ship returns back to Europe. The retailer was forced to sell returned merchandise to discounters for a fraction of its value.
With three different buying groups and their separate inventory systems, the Neiman Marcus Group was missing opportunities to offer its patrons a seamless shopping experience with a full line of merchandise.
Today, the Silk Road is just as active a trade route as it was 700 years ago, but there's a certain "back to the future" feel to the most recent projects linking Europe and China. The mode of choice being talked about now is not ocean or air cargo but rail freight.
In time for the holiday season, UPS is rolling out to 100 cities a program that requires people in some neighborhoods to fetch packages at nearby locations -- such as a druggist or dry cleaner -- if they weren't home to meet a driver.
A growing number of consumers go to Amazon first when shopping for online products. According to a Survata study, commissioned by BloomReach, 44 percent of shoppers go straight to Amazon, beating out the 34 percent who go direct to search engines and 21 percent who go directly to a retailer's e-commerce site.
Slowing global trade and a bloated orderbook of large vessel capacity mean that container shipping is set for another three years of overcapacity and financial pain, according to the latest Container Forecaster report 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.
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