Synchronet Intermodal Services Inc. (SIS) has expanded its North American street-turn service to include both beneficial cargo owners (BCOs) and non-vessel operating common carriers (NVOs).
Webgistix Corp., a vendor of software tools for electronic commerce order fulfillment, has opened distribution centers in Bedford, U.K. and Zurich, Switzerland.
Drewry Maritime Research's latest Container Leasing Industry report indicates that the rental container fleet grew by 10.6 percent during 2011, improving on the 9 percent returned in 2010 and giving a compounded rate of 9.5 percent for the two years combined. Up to 9.5 percent is also being forecasted for 2012, as lease demand is again holding up well.
In-house logistics professionals want a lot more information and attention from their prospective logistics service providers these days, says Bill Weaver, senior account executive with United Transportation Services Inc.
FedEx is changing its aircraft on the route between Memphis and Queretaro, Mexico to a Boeing 757-200 and will operate five times weekly, increasing its capacity in the market by 50 percent. Jorge Torres, recently named president of FedEx in Mexico, stated: "The decision to increase our cargo capacity is in response to our strategy to become a real business partner with the business in the region, offering competitive services at very reasonable prices ... The decision to increase our cargo capacity responds to our strategy of listening to our clients and their solicitation in a quick way."
Despite Middle Eastern carriers recording a 16-percent, year-over-year, increase in freight demand in July, global cargo markets shrunk 3.2 percent, year-over-year, according to International Air Transport Association statistics. IATA partially attributed this decline to a comparison with a "relatively strong" July 2011, but said global trade growth is still sluggish.
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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