Improving signs for the overall airfreight market are growing as the combined airfreight logistics confidence index increased for the first time in four months.
Industrial real estate investment trust Prologis Inc. disclosed that it will develop three inventory logistics facilities in Japan. These facilities will span 3.2 million square feet of space and offer its clientele central distribution to Tokyo and the neighboring metropolitan area.
The benefits of rail freight are being highlighted in an industry report, which claims that businesses are saving $4.5m (£2.7m) a day by using trains to transport their goods.
Organizations that closely integrate their purchasing and logistics functions deliver better business results, according to a new study from the Global Supply Chain Institute at the University of Tennessee, Knoxville. But the study, involving more than 180 supply chain professionals, also shows that many firms fail to capitalize on this opportunity and have supply chains where purchasing and logistics operate in "silos" with little cohesion.
Global logistics company DHL broke ground for its newest warehouse facility, DHL Supply Chain's Advanced Regional Centre, at Singapore's Tampines LogisPark.
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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