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.
Millennials aren't flocking to the logistics business, prompting The International Air Cargo Association (TIACA) to back a program of visits aimed at improving collaboration across the air cargo supply chain.
Deutsche Post DHL Group and Chinese technology conglomerate Huawei Technologies are collaborating on a range of supply chain services for customers using "industrial-grade internet-of-things hardware and infrastructure."
By majority vote, the Members of the European Parliament have agreed to include shipping in the European Emission Trading Scheme (ETS) Directive as of 2023, unless there is a comparable system agreed under the auspices of the IMO by the end of 2021.
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.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.