With more than 100,000 freight carriers operating in North America, sophisticated shippers long ago realized the only way to successfully and efficiently procure transportation was by hosting regular bidding events.
For those in dry bulk shipping, the market since the beginning of 2014 has been the worst downturn since the mid-eighties. Access to finance and liquidity will likely continue to be a pressing corporate issue for ship owners until the markets recover, and the longer this takes the worse the situation will get.
The Association of Bulk Terminal Operators (ABTO) has been established to provide a voice for bulk terminal operators at a national and international level.
Air cargo executives are notably less optimistic about their economic prospects for the year ahead, compared to the same time last year, according to IATA's July 2016 Business Confidence Index.
Improving economic conditions have boosted investment in the construction sector and also the spending pattern of consumers, both of which have contributed to growth in the material handling market. Another factor is rising labor costs, which has led to investments in these solutions to cut down on operating expenses.
In the world of material handling, the notion of "driverless-ness" has been around for 60 years since the first automated guided vehicle (AGV) appeared in a grocery warehouse. High-tech warehouse operations are already used to the sight of AGVs performing tasks such as the vertical storage and retrieval of pallets and the loading and unloading of pallets onto outbound trailers.
Over the years, retailers have become very good at the supply chain - the process of getting goods from the manufacturing plant to the customer. But today, many retailers face a different challenge: taking those goods back, a process referred to as the "reverse supply chain."
Airbus has drastically drawn down the number of dedicated freighters it anticipates being in service 20 years hence, according to its recently released "Global Market Forecast, 2016-2035." The disparity is remarkable, both in terms of number of aircraft and the shift in the market that it signals over the next two decades.
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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