Of the three major American carriers to publish third-quarter results so far, only Alaska Airlines Cargo saw its cargo revenues increase, up 3 percent, year-over-year, to $31m - a fraction of its growing passenger revenue, according to earnings reports. Meanwhile, United registered a 4.7 percent decline in revenues, y-o-y, to $224m and, as previously reported, Delta continued its losing streak into the quarter, with revenues falling 15 percent, y-o-y, to $167m.
A new deepwater port is planned for Arkhangelsk in the north of European Russia, according to Northern Shipping Company Arkhangelsk, a Russian shipping company. The new deepwater hub will be suitable for year-round handling of large capacity vessels and will be situated 55 kilometers (34 miles) north from Arkhangelsk near Mudyug Island, in the northern part of the Sukhoye Morje Bay, says NSC Arkhangelsk.
For decades, companies have relied on warehouse management systems (WMS) to control inventory and material handling processes within their warehouses. Historically, retail distribution centers have been built upon plans that included predetermined transportation routes that outlined the number of stores on a route, what product those stores would get and the quantity and configuration of those products. Consequently, distribution centers have had similar designs, process methodologies and IT infrastructures for years. E-commerce has changed the game, though.
FedEx Express is expanding its distribution hub at Paris-Charles de Gaulle (CDG) Airport with a €200m ($217.38m) investment in technology and automation, and a €1.2bn ($1.3bn), 30-year lease. The 30-year lease underscores the long-term importance of the European Union to the company's long-term plans. Once completed, FedEx said the upgrade will increase sorting capacity by 40 percent.
There will be a doubling in the number of 3D printers shipped this year, according to analysts. Gartner predicts 455,772 units will ship in 2016, compared to 219,168 in 2015, as firms use the technology to create prototypes, augment manufacturing processes and produce finished goods.
IAG Cargo has announced its new route to New Orleans, Louisiana. Beginning March 26, 2017, the airline says it will become the only carrier to fly direct from its London Heathrow (LHR) hub to New Orleans International Airport (MSY).
Amsterdam to Paris in 30 minutes. That's the goal of the "Delft Hyperloop" - a pod-like capsule developed by TU Delft for the rapid transportation of people and goods through tubes - the maker says. The apparatus that might make such a trip possible arrived in California aboard a DHL freighter last week to compete in the "Hyperloop Pod Competition."
Gearbulk and Grieg Star have announced that they will be combining their efforts to form a single dry bulk shipping company. They say the joint venture will operate the parties' combined fleet of open hatch, semi open hatch and conventional bulk vessels.
Tesla Motors has announced its cars will soon come fitted with full self-driving hardware, as the company jousts with tech rivals like Google and car makers like Ford who are making a dash for the autonomous car market.
An agreement this month to remove limits on the number of cargo flights between the United Kingdom and China is an encouraging signal that post-Brexit policy makers are serious about exploring, or expanding, trade routes outside of the Euro zone, said the U.K.'s Transport Minister Chris Grayling. In addition to unlimited cargo flights, the number of permitted passenger flights under the agreement will be raised from 40 to 100 per week.
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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