Logistics

Shipping Rates for Chemicals Expected to Face Pressure This Year

February 12, 2016

On the back of low bunker prices and more newbuildings to be delivered in 2016, chemical shipping freight rates for both contracts of affreightment and spot cargoes will be under pressure throughout 2016, as there are some new operators looking to break into the long-haul trade routes, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.

U.S. Expected to See Retail Imports Grow 4.5 Percent in First Half of 2016

February 11, 2016

NRF

Import cargo volume at the nation's major retail container ports is expected to decline year-over-year for the next few months, but the first half of the year should still amount to a 4.5-percent increase compared with the same period last year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

Damco Unveils Service for E-Commerce Logistics in China

February 10, 2016

Damco

Damco has launched a one-stop management service for electronic-commerce logistics in China.

Growth in Emerging Markets Not Automatic Anymore - Competitiveness Required

February 10, 2016

BCG Perspectives

Emerging markets have driven growth for many multinational corporations (MNCs) for years, and they will continue to do so. But these are turbulent times as commodity prices plunge, currencies are devalued, and equity markets gyrate. The profitability of many MNCs' operations is already under attack, and future performance will be challenged by slower macroeconomic growth, increasing costs, and heightened competition from local companies, which are rapidly gaining scale, experience, and capability. To reduce these pressures, companies will have to focus much more on improving their competitiveness through constant productivity gains.

PLS Logistics Services Opens Branch in Charlotte

February 9, 2016

PLS Logistics Services

PLS Logistics Services, a provider of supply-chain and freight-brokerage services, has opened a new branch office in Charlotte, N.C.

Wallenius Wilhelmsen Logistics Takes Over South African Venture

February 9, 2016

Wallenius Wilhelmsen Logistics

Wallenius Wilhelmsen Logistics (WWL), a global provider of roll-on/roll-off shipping and vehicle logistics services, has entered into an agreement with its partner company Groupe CAT to acquire the latter's 50-percent share in CAT-WWL, a joint venture of 10 vehicle-processing facilities based in South Africa.

Distributors Have Possibility to Converge B2B, B2C Markets

February 9, 2016

Industrial Distribution

In today's business world, technology has opened the door to reaching and attaining a whole new customer base. The development of e-commerce has presented distributors with the opportunity to target not only businesses but also the individual consumer, converging the B2B and B2C markets.

ASL Aviation Agrees to Assume Control of TNT Express Flights

February 9, 2016

Air Cargo World

Ireland-based ASL Aviation Group has agreed to purchase airline operations currently owned by TNT Express and is expected to will continue to operate them on behalf of the merged FedEx-TNT entity.

Tianjin Port Explosion May Rank as Worst Marine Insurance Disaster

February 9, 2016

Maritime Executive

Claims related to the massive explosion at the port of Tianjin, China, may grow to as much as $6bn, says the International Union of Marine Insurance (IUMI). More than half of the claims reportedly fall within marine insurance or reinsurance lines - potentially making it the largest single marine disaster (by claim value) in history, surpassing Hurricane Sandy.

DHL Express Canada Offers Flat-Fee International Shipping

February 8, 2016

DHL Express Canada

DHL Express Canada has launched a new service providing pre-determined rates for international shipping.

Logistics

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.