The boom in natural gas production in the U.S. is "rippling downstream" to the plastics industry, and chemical companies will need to invest more in export logistics facilities as they ramp up U.S. plastics production, says Owen Kean, senior director of the American Chemistry Council. "For the most part, what's happening in the chemical industry is largely an export story."
Chemical shipping faces another tough year, but prospects are improving thanks to the strength of the product tanker market which is attracting a growing number of swing ships out of chemicals into products, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.
Challenge: Even though growth was on the fast track for one of the largest domestic foodservice providers, they were still hampered by supply chain visibility and accuracy challenges. Without visibility, they had no way of knowing how truckload orders were impacting their entire supply chain, leading to increased costs. The company was also facing substantial increases in commodity prices, fuel and the minimum wage - critical elements in the food and restaurant industries. Complicating those challenges were ongoing limited-time promotions, which require immediate responses to spikes in demand.
Import cargo volume at the nation's major retail container ports has returned to normal levels following ratification of a new West Coast labor agreement, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
U.S. manufacturing is expected to keep ship traffic on the St. Lawrence Seaway bustling this season after a strong start for general cargo shipments through the navigation system.
More and faster connections, more capacity, flexibility and time saving: these are the benefits available to European customers of Lufthansa Cargo and ANA Cargo as of Aug. 3. Both airlines are expanding their joint venture for freight consignments to routes from Europe to Japan.
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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