CEVA Logistics, a supply chain company, announced the official opening of the City of Pharma in Italy. The hub, which covers an area of 20,000 square meters, is strategically located in Stradella, in the province of Pavia and is fully dedicated to the warehousing and handling of products destined for healthcare distribution channels.
The deliveries of new ultra-large container ships that are scheduled later this year will further depress Asia-Europe freight rates unless carriers make more radical changes, Drewry Shipping Consultants report.
Spot market freight volumes declined 16 percent in April compared to April 2012, according to the DAT North American Freight Index. Year-over-year declines in volume were seen across all equipment types: van load volume declined 20 percent, refrigerated ("reefer") loads slipped 10 percent, and flatbed freight dropped 15 percent.
Import volume at the nation's major retail container ports is expected to increase 3.3 percent in May over the same month last year, but growth could trickle to a standstill by the end of the summer, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Global manufacturers are putting their supply chains at the center of their business strategies to serve as the foundation for operational efficiency and collaborative innovation, according to KPMG's fourth annual Global Manufacturing Outlook. The report, entitled "Competitive Advantage - Enhancing Supply Chain Networks for Efficiency and Innovation", surveyed 335 C-level executives globally - including 95 in the U.S.
Truckload carriers continue to innovate to remain profitable, particularly through service diversification and driver retention, according to TMW Systems' first Transportation & Logistics Study - North America For-Hire Truckload Carrier Benchmarking Survey. Truckload carriers that are diversifying their businesses are adding new higher margin services, including brokerage, logistics, LTL-to-TL consolidation, dedicated services and intermodal services. Those looking to expand are exploring dedicated services first (27 percent), followed by brokerage services (21 percent). The majority of them are working on an accelerated schedule, within a one-year time frame.
When Marcos Purty arrived here in 2011 as the chief of General Motors' Indonesian operations, he found a mothballed auto plant. Today, that plant is humming. About 700 people work in the facility, 16 miles east of Jakarta, compared with about 30 just 18 months ago. And next month, GM will start delivering its first Indonesian-built vehicle in years, the Chevrolet Spin.
Logistics group Kuehne & Nagel and wagon leasing company VTG have announced plans to create a jointly-owned rail logistics business after signing a letter of intent at the end of April.
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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