Global Logistics

Ocean Cargo Rates to Continue to Drop, Industry Losses to Mount in 2016, Report Says

January 8, 2016

Further widening of the supply-demand imbalance at the trade route level and insufficient measures to reduce ship capacity will lead to an acceleration of freight rate reductions and industry-wide losses in 2016, according to the latest Container Forecaster report published by global shipping consultancy Drewry.

Rates for Ocean Cargo Continued to Sink in Last Quarter 2015

January 7, 2016

Drewry

Ocean freight rates for cargo moving under contracts on the major East-West trade routes saw another reduction in the last quarter of 2015, according to Drewry's Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight rates.

CMA CGM Launches New Med Gulf Ecuador Service

January 6, 2016

CMA CGM

CMA CGM has launched a Med Gulf Ecuador (MGE) service, offering a direct connection between the Mediterranean Sea, Caribbean, Gulf of Mexico, Colombia and Ecuador.

ALOM Opens Hong Kong Hub for Asia-Pacific Business

January 6, 2016

ALOM

ALOM, a provider of supply-chain management services to Fortune 100 companies in the technology, automotive, medical, telecommunications, utility and energy sectors, has opened a new Asia-Pacific headquarters in Hong Kong.

Hacis Opens Seventh Cargo Depot for E-Commerce in China

January 6, 2016

Hong Kong Air Cargo Industry Services

Hong Kong Air Cargo Industry Services (Hacis), the logistics arm of Hong Kong air-cargo handler Hactl, has opened a new inland cargo depot in southern Guangzhou, its seventh in mainland China.

Logistics Confidence Index Hits Lowest-ever Mark as Air, Sea Freight Shipments Slump

January 6, 2016

Transport Intelligence

With a score of 45.4, the December edition of the Stifel Index has recorded its lowest-ever total, amidst a continued pattern of decline.

British Freight Forwarders Expected to Continue to See Major Challenges in 2016

January 5, 2016

BIFA

The British International Freight Association (BIFA), the trade association for UK freight forwarders, says that 2016 will see its members continuing to face numerous challenges, with some the result of legislative changes and government policy, rather than economic issues.

CaroTrans Launches New Service Between Miami, Manaus

January 5, 2016

CaroTrans

CaroTrans, a non-vessel operating common carrier and ocean freight consolidator, has launched a direct, biweekly service between Miami, Fla. and Manaus, Brazil, for less-than-containerload exports.

Managing Mission-Critical Operational Assets with Cloud-Based, Self-Service Automated Locker Systems

January 2, 2016

Apex Supply Chain Technologies

United Cargo, Lufthansa Enhance Cooperation on U.S.-Europe Routes

December 30, 2015

United Cargo

United Airlines and Lufthansa are enhancing their current cooperation agreement to include cargo booked by United Cargo and Lufthansa on routes between the U.S. and Europe.

Global Logistics

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.