Lufthansa Cargo has assumed complete ownership of the time:matters Group, a specialist in global same-day delivery and time-critical international spare-parts logistics.
Since the changes in the freight broker bond requirements introduced by the MAP-21 legislation back in 2013, autumn has turned into the bond renewal season for the freight industry. In the next few months, about two thirds of the nearly 17,000 licensed freight brokers are expected to undergo the yearly surety bond renewal.
Cheaper production and material costs as well as weaker demand have driven the price of new container equipment down to record lows and is forecast to fall further during 2016, according to the latest edition of the Container Census report published by global shipping consultancy Drewry.
A wave of cargo cancellations from the U.S. is putting additional pressure on Very Large Gas Carrier rates, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.
Orbweaver Sourcing LLC, provider of applications for real-time supply-chain integration to the electronics manufacturing industry, has released Orbweaver Accelerate.
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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