An impending international requirement that shippers verify the weight of their goods before transport will sharply raise shipping costs on major trade lanes and trigger delays in moving cargo through ports, according to a new report.
Overall confidence levels in the ocean shipping industry fell to a record low in the three months ending February 2016, according to a survey by shipping advisory firm Moore Stephens.
Tankers are currently the most profitable vessels in shipping with the cost to charter them remaining high by comparison with other ship types. These freight rates are expected to stay steady for the next 18 months despite a delivery boom of new tankers scheduled for late 2016, according to Devlin McStay, data analyst with IHS Maritime & Trade.
Zoltan Pekar, vice president of the Global Supply Chain Division of Roland DG Corp., discusses how the company is transforming itself from a maker of computer peripherals to a leading provider of digital solutions.
Paul Collier, supply chain senior manager of Amgen, talks about the major initiatives that the company has undertaken to improve supply-chain planning, collaboration and regulatory compliance.
The electronic air waybill (eAWB) has arrived. But certain air freight forwarders and carriers are still holding on to the paper version for dear life.
TRAC Intermodal has completed its acquisition of Interstar Fleet Services, a provider of emergency road service repair for the intermodal and commercial trucking industries.
Realizing that "the forecast is always wrong," Trinity Rail opts instead to focus on creating a "sense-and-respond" supply chain, to deal with real-world developments in demand for transportation equipment.
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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