The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slid to an all-time low on Monday as sluggish cargo demand - especially from China - battered sentiment.
The International Air Transport Association released full-year air cargo data for 2014 showing 4.5 percent demand growth compared to 2013 measured by freight tonne kilometers, a significant acceleration from the 1.4 percent recorded in 2013 over 2012.
A steep rise in vessel orders risks bringing the recent bonanza in oil tanker shipping to an abrupt end, according to the latest edition of the Tanker Forecaster, published by shipping consultancy Drewry.
A long, long time ago, in a land not so far, far away, a world existed where logistics was linear: Pangaea. On this supercontinent, moving products from China to the United States, door to door, was simple. The goods would move over the road, heading southwest from lands where people spoke Chinese and stopped when people spoke American.
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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