The Stifel Logistics Confidence Index fell into a fifth consecutive month of decline in October. Significantly, the index has now fallen beneath the neutral 50 point mark for the first time since January 2013, with confidence in both the sea freight and airfreight markets plummeting. The Logistics Situation for airfreight was especially bad, declining by 3.2 points to 45.7. The same trends that influenced last month's decline are persisting, with weak emerging market growth, China's financial crisis, and the Chinese shift towards domestic consumption all influencing the trajectory of the index.
The TrueCommerce EDI (electronic data interchange) Solutions Group of HighJump Software is now offering an enhanced, Web-based deployment option for integration with Sage 300 business management software.
Old Dominion Freight Line Inc. has entered into a strategic alliance with Mallory Alexander International Logistics LLC for ocean freight-forwarding services.
You feel the energy soon after disembarking at Hazrat Shahjalal International Airport in Dhaka. All of Dhaka, the capital of Bangladesh, seems to throb with bustling masses of people. Bridges, expressway overpasses, and major new neighborhoods are continually under construction. Evidence of the country's rising disposable income is on display at crowded shopping malls such as Jamuna Future Park, the largest in South Asia, and new billboards, which seem to cover every available space, advertise products as varied as packaged foods and smartphones.
Severe shipyard overcapacity in China has prompted the National Development and Report Commission's Jiangsu province to cancel work on 23 projects. The projects included construction of new docks, offshore vessels, facility conversion projects and additional expansions.
Luxury leather furniture company Poltrona Frau Group has begun deploying a radio frequency identification system to reduce time and errors related to the receiving of leather upholstery material from its suppliers, and to inventory checks at its own storage area and third-party storage offsite.
NG powered Class 8 truck and bus sales continue, but at a slower pace compared to 2014, as well as when calculated as a percentage of the total market, according to a report from ACT Research. The "Natural Gas Quarterly" attributes the rapidly declining cost of diesel with making the return on investment for adoption of natural gas less lucrative.
Mexico is competing with the U.S. for manufacturing work coming back to the western hemisphere from China and other parts of Asia. Will it pose the same challenge for U.S. ports?
Carlos Godinez, Mexico intermodal director with Celtic International, a Transplace company, provides an overview of the rail industry in Mexico, and how far it has come in terms of investment and improvements in service to support a surge of activity.
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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