Spot market volume slipped and average truckload rates edged downward during the week ending Jan. 24, according to DAT Solutions, which operates the DAT network of load boards.
The window to sell Western fuel oil to Asia is starting to close as demand for a limited fleet of supertankers to store cheap crude pushes freight rates to multi-month highs, shipping and trade sources said.
The Centre on Regulation in Europe (CERRE) has published a series of studies designed to understand why competition in the European railroad industry has been successfully implemented in some cases but in others has led to a decline in the modal share for rail freight.
Tracking rail carts with GPS and cellular could bring value to the rail sector; however, penetration rates on rail carts are currently very low (globally less than 50,000 in 2014), and growth is not forecasted to be very strong over the next 5 years, or even the next 10, according to ABI Research. Therefore, for the time being at least, it looks like RFID will dominate this sector.
With any discussion regarding the future of industrial distribution, the impact of AmazonSupply is sure to come up. Distributors seem to have differing views on this impact, ranging from fear of ArmageddonSupply to a shrug indicating "this too, shall pass."
U.S. manufacturing executives have an opportunity to make their factories even more competitive through parts and components de-costing programs. De-costing is simply a term that refers to removing cost from operations period-over-period. Parts and components usage is a great place to focus because improvements can provide such clear returns.
CEVA Logistics, a non-asset-based provider of supply-chain management services, has expanded its presence in the Chicago market with the opening of a fourth facility.
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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