Revenues for U.S. 3PLs, which provide services ranging from booking truck drivers to managing warehouses, rose 7.4 percent to $157.2bn last year, faster than the 2.8 percent growth in logistics spending overall, according to the Council of Supply Chain Management Professionals, which recently released its annual State of Logistics report.
Choice Logistics has introduced Service Sync, a multi-vendor, device-agnostic, global positioning system (GPS) tracking and event-management application for the logistics industry.
The world of e-commerce deliveries is fraught with peril. Will Leong, chief operating officer of TZ, talks about how providers are surmounting the various challenges.
Shipowners operating in the trans-Atlantic dry bulk market, where prices have been plumbing two-year lows on the back of acute vessel oversupply and shifting patterns in minerals demand, could be facing brighter days, according to the latest special report released by Platts.
Foreign direct investment has never been more important in catalyzing growth, whether in the developed or developing world. Although equity markets around the world have largely recovered since the financial crisis, global capital flows have contracted sharply. The Milken Institute's Global Opportunity Index provides policy makers and investors vital information on policies that can best attract foreign direct investment, expand economies and accelerate job creation. The index is also a guide for countries seeking to improve their business environments and attract investors who commit long-term capital, rather than move it around as a fleeting portfolio tactic.
In 2014, the supply chain industry experienced its best year since the Great Recession, according to the State of the Logistics Report issued annually by the Council of Supply Chain Management Professionals and sponsored by Penske Logistics.
It's been about five years since ocean carriers began selling off their chassis in the U.S., forcing shippers to obtain the equipment elsewhere. But the new regime is anything but settled.
The latest news, analysis, services and systems regarding global logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods faster and farther around the world than ever before through global logistics solutions. New technologies that provide information during 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 global logistics solutions to power their supply chains.
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