French firm CMA CGM, the world's third-largest container shipping operator, signed a significant cooperation agreement Thursday with Islamic Republic of Iran Shipping Lines (IRISL).
With a score of 45.9, the January edition of the Stifel Logistics Confidence Index has marked a monthly recovery in an otherwise gloomy tale of decline.
Dry bulk shipping is facing a perfect storm and requires drastic supply side measures if the industry is to return on course to profitability in the medium term, according to the latest edition of the Dry Bulk Forecaster report published by global shipping consultancy Drewry.
In the Superman comics, the Bizarro World is a planet where normal people and events become strangely inverted. Which, in the world of global trade and supply chain, appears to be happening with increasing regularity.
Global container ship capacity is expected to increase by 4.6 percent in 2016, the slowest growth rate in more than 25 years, giving some relief to an industry hammered by oversupply, consultancy firm Alphaliner forecast on Tuesday.
Two themes that have featured heavily in the air logistics media recently are the lack of growth in airfreight demand, and the shift of what volume remains from freighters to the bellies of the current generation of widebody passenger aircraft.
An ultrasonic system to locate track defects and use of unmanned aerial vehicles for inspection of track, bridge and other freight rail infrastructure are among the technologies being explored by the railroad industry, according to a report from the Association of American Railroads.
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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