As e-commerce continues to grow, so does the number of fulfillment options available to merchants. In particular, an increasing number of third-party logistics providers (3PLs) have emerged, handling all or some fulfillment operations for merchants who don't see it as a core competency.
Dutch shipbuilder Veka Group is building two hybrid trimarans for transporting personnel and freight to offshore wind farms. The company claims that the vessels will be the first hybrid trimarans in the world.
Maersk, the world's largest container shipping line, has teamed up with Alibaba to allow customers to reserve space on its vessels through the Chinese company, illustrating growing cooperation between e-commerce and logistics firms.
Boeing Commercial Airplanes has settled terms with Delta Air after the carrier cancelled an order for 18 Boeing 787-9 Dreamliner jets, a contract worth $4bn at current list prices.
The more connected you are with the world, the greater your ability to engage in trade - by a factor of 6 to 1. Those are the findings of a recent study released by The International Air Transport Association (IATA), which made a quantitative link between a country's air cargo connectivity and global trade.
On the surface, the European airline industry doesn't look much changed from 20 years ago: National flag carriers such as Air France, British Airways, Iberia, KLM and Lufthansa dominate a handful of giant hub airports. Dig a bit deeper, and you'll see that the market has shifted in a big way. Over the past decade or so, 10 legacy airlines across the region have combined into three huge groups, a consolidation that makes the market look a lot like the U.S.
This year, a number of Danish organizations will be running a pilot Internet of Things project to test the collection of real-time data from equipment onboard ships. The Aalborg-based company GateHouse is behind the pilot project, and a number of other companies including the shipowner Uni-Tankers, Logimatic and the Danish Maritime Authority will contribute to the testing of the new technology.
Shippers and brand owners have joined forces to sign a declaration aimed at preventing the transport of counterfeit goods. The declaration acknowledges the "destructive impact" of counterfeits on international trade and calls on the maritime industry to address it through zero tolerance, strict supply chain controls and other due diligence checks
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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