Iran, Russia and India have revived long-stalled discussions on a multimodal North-South Transportation Corridor linking Mumbai to the port of Bandar Abbas to Moscow. The 4,000-mile route would bypass the Suez Canal, cutting weeks off of the sea route from the Arabian Sea to the Baltic.
August should be the busiest month of the year for import cargo volume at the nation's major retail container ports now that retailers have stocked up for back-to-school and are getting a head start on holiday season merchandise. That's according to the monthly Global Port Tracker report by the National Retail Federation and Hackett Associates, which said cargo volume for 2016 should end the year with a 1.6 percent increase over last year.
With the goal of building up a worldwide network of medium-sized freight forwarders, BuyCo For Growth sought a link to ocean carriers that would provide instant access to schedules, rates and other data critical to the movement of its customers' cargo.
Blount International, a maker of farm, forestry and gardening equipment, needed to get a handle on its global logistics spend. A performance-management tool from Trax Technologies cut costs and helped the company to take a long-range, strategic view of operations.
The IMO has launched Glomeep.imo.org, a website with information about energy-efficient technologies - covering areas such as machinery, propulsion systems, hull improvements and energy recovery.
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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