Global Logistics

SCI Logistics Expands With Office in Atlantic Canada

February 24, 2015

SCI Logistics, a Canadian-based third-party logistics provider, has expanded its coast-to-coast network with the opening of a specialized transportation center in Halifax, Nova Scotia.

XPO Logistics Acquires UX Specialized Logistics

February 24, 2015

XPO Logistics Inc.

XPO Logistics Inc., a freight brokerage and transportation services provider, has acquired UX Specialized Logistics, a North American provider of last-mile logistics services for retail chains and e-commerce companies.

The M&A Market for Logistics Companies in 2015

February 24, 2015

SupplyChainBrain

John Anderson, advisory director of Greenbriar Equity Group LLC, explains why mergers and acquisitions are so popular in the logistics sector today. He offers an outlook for the M&A market, as well as advice for potential sellers, in the coming year.

Four-Year Low in Container Shipping Rates Hits Intra-Asian Trades

February 23, 2015

Drewry

Container shipping rates on intra-Asia trades have fallen to their lowest level in four years, according to the Container Freight Rate Insight which is updated weekly and published by global shipping consultancy Drewry.

2015 to See Focus on Domestic Transportation, Warehousing & Manufacturing in China

February 20, 2015

SupplyChainBrain

Analyst Insight: Though logistics in China has historically been resistant to change, improvements in express delivery will have a noticeable impact in 2015 due to the rapid growth of e-commerce, food safety concerns, and government measures. The limited supply of land for logistics purposes will affect warehousing costs, and the extra cost will drive the need for storage efficiency. Manufacturing will see modest expansion and gradual migration out of China to lower cost countries. – Jim Serstad, Managing Director, Tompkins Asia

Asia Pacific: Conscientious Producers and Savvy Consumers

February 20, 2015

Tim Foster, Managing Director, Asia-Pacific, Chainalytics

Success in the global economy requires a shift in strategic vision of the Asia-Pacific region's role in supply chains. While it is no secret that an end to low-cost production in Asia is in sight, smart companies are studying the complexity of APAC region and gaining insight into the roles each country plays in the quickly evolving economic horizon. But visibility into where APAC is today isn't enough; forecasting where it will be next year, five years from now, and further into the future are key to positioning supply chains now for ongoing optimization.

Dry Bulk Shipping Rates Expected to Bounce Back This Year

February 20, 2015

Drewry

Strong trade growth, moderating fleet development and deployment of new fuel-efficient vessels are expected to lead to a recovery in dry bulk shipping rates later in 2015, according to the latest edition of the Dry Bulk Forecaster, published by global shipping consultancy Drewry.

Kintetsu World Express Looks to Gobble Up APL Logistics

February 20, 2015

Maritime Executive

Japanese freight carrier Kintetsu World Express Inc. is buying Singapore's APL Logistics for $1.2bn, paying a higher than anticipated price for an overseas deal at a time of slow domestic growth.

The True State of Global Connectedness

February 20, 2015

Robert J. Bowman, SupplyChainBrain

Global trade: Love it or hate it. But don't overestimate its impact on individual economies.

Echo Global Logistics Acquires Xpress Solutions

February 19, 2015

Echo Global Logistics

Echo Global Logistics Inc. has acquired all of the assets of Xpress Solutions Inc.

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.