Sri Lanka will take part in a joint venture with China Merchants Port Holdings Company Limited to develop a port in its south, where China has also been offered an investment zone.
As it continues infrastructure upgrades, Miami International Airport (MIA) has announced further growth in its freighter service with the addition of two weekly roundtrip flights on a triangular route between MIA, Mexico City and Mérida via AeroUnion.
IDC Manufacturing Insights has published its "IDC FutureScape: Worldwide Supply Chain 2017 Predictions," report to offer the 10 predictions that provide the framework for IT and line-of-business (LOB) decision makers' and influencers' planning and execution of technology-related initiatives in the year ahead.
GE Aviation and Lufthansa Technik AG have chosen a site in southwestern Poland for their joint-venture maintenance, repair, and overhaul (MRO) center, to service GEnx-2B and GE9X engines. The reported $267m development, to be in operation by September 2018, will be known as XEOS, and will employ 500 at full capability.
Shenyang Airport sees promising potential in northeastern China, not far from the border with North Korea. In September, Hong Kong Air Cargo Terminals Ltd. (Hactl) subsidiary Hactl Development Holdings signed a strategic cooperation framework agreement with Liaoning Airport Management Group, owner of Shenyang Taoxian International Airport, in what both parties described as "a first step in developing the airport as a major regional hub."
Bulker operators are seeing solid improvements after the record low day rates reached earlier this year: the Baltic Dry Index stood at nearly 1,200 early this month, a fourfold increase over the levels reached in February 2016.
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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