The latest Container Shipping Forecaster from Maritime Strategies International reports that almost two months into 2017, the liner sector is finding itself in positive territory. Each of the industry's drivers - demand, supply and earnings - have started the year in healthy shape and MSI expects the sector to move into the next quarter with a reinforcement of this encouraging trend.
For those interested in finding a snapshot of global freight pricing from week to week: Meet FIFI. Online freight marketplace Freightos has launched its Freightos International Freight Index (FIFI), a database of more than 250 million price points updated weekly, covering container pricing, price ranges on key lanes, historical pricing and volatility, and the ability to instantly estimate pricing on specific routes.
Monster Moto, a producer of economically priced off-road vehicles, shifts from offshore production to domestic assembly, a move made possible by cutting its transportation and logistics expense.
Analyst Insight: International and domestic air cargo transportation services have shown tepid signs of recovery in the years following the recession, with estimated average price growth of only 0.2 percent and 0.3 percent each year from 2013 to 2016, respectively. While weak demand growth for shipping services and falling capacity utilization have cut into revenue and profit margins for the market's suppliers, the outlook for airfreight carriers is not quite as bleak as it is for other global shippers. - Ashley Cruz, Procurement Research Analyst, IBISWorld Inc.
While most retailers understand the importance of providing a consistently positive customer experience, many struggle with legacy technology that fails to address customer experience needs, according to a study, Redefining Final Mile Delivery in the Age of the Customer, released this month.
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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