World scheduled airfreight traffic, measured in freight tonne kilometers, is expected to grow by 3.7 percent in 2014, according to the International Civil Aviation Organization.
Independent specialist advisors Drewry and global forwarder network The WACO System have expanded their cooperation agreement to include exchanging and sharing market intelligence in the air cargo market.
Container shipping companies were urged to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU) with effect from Aug. 1, their organization TSA said on Wednesday.
As companies shift manufacturing back from Asia to the western hemisphere, they are increasingly looking at Mexico as an alternative for low-cost production. Matt Hamson, chief executive officer of Coronado Logistics Inc., outlines the country's pros and cons.
Maersk and MSC have reacted to China's objections to the proposed P3 alliance by coming up with a new vessel sharing arrangement called 2M that they hope will be agreed by all regulatory authorities before the beginning of next year. Out has gone CMA CGM, in order to bring the agreement's market share down to more acceptable levels, and in has come a much simpler joint coordination committee to monitor the carriers' network on a daily basis.
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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