Functional silos and lack of visibility across an organization are two factors that contribute to sub-optimal management of transportation spend. Richard Erickson of Syncada and Allan Miner of C.T. Logistics discuss how freight audit/payment solutions help overcome these challenges.
While the frequency of pirate attacks off the Horn of Africa has fallen to its lowest level since 2009, this is no time to celebrate. Somali pirates still hold two vessels for ransom with 60 crew members as hostages. More alarming, however, is the increase in the capabilities of pirate groups in West Africa's Gulf of Guinea, now challenging Somalia as the world's most dangerous place to sail.
Bob O'Malley, CSX Transportation's resident vice president for Florida, discusses initiatives to improve the state's transportation infrastructure and the importance of advocacy at the state level.
UPS has officially opened its healthcare facility in Hangzhou, Zhejiang Province, China, which significantly expands its Asia healthcare distribution network. The facility is equipped to maintain product safety and integrity and is designed to offer seamless, global solutions to healthcare companies looking to expand into, transport within, and export from China.
Prof. John Langley of Penn State gives a preview of the 18th Annual 3PL Study, to be released in October 2013, and discusses the methodology and analysis behind the annual global study.
The average container freight rates from Asia to North Europe continues to drop, to $2,352 per 40-foot container and to $1,359 per 20-foot, as of tracking on May 24, according to Xeneta, a sea freight price comparison service. Due to overcapacity and various types of economic turmoil in the market, the market index for 40-foot containers has taken a massive dip with it being down 52 percent from May 2012.
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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