Development activity in Europe's main logistics markets is at its highest level since the economic downturn in 2008, driven by build-to-suit and owner-occupied developments.
For the first time ever, a bulk carrier is using the Northwest Passage as a transit trade lane, when transporting coal from Vancouver in Canada to Finland. The historic transit is shorter than traditional shipping routes and will not only save time, fuel and CO2, but also increase the load of cargo with 25 percent compared to the Panama Canal. Nordic Bulk Carriers A/S, the Danish pioneer, is once again behind the new business adventure.
Complexity can be a headache for supply-chain managers, says Sanjiv Karani, head of global product marketing with Cincom Systems. But it can also be a good thing. He explains why.
Worldwide perishable reefer trade increased by 52.1 million tonnes between 2002 and 2012, which represents a combined annual growth rate of 3.6 percent, according to Drewry's latest Reefer Shipping Market Annual Review and Forecast.
Seaborne perishable reefer cargo has increased by a CAGR of 3.3 percent (25.6 million tonnes) from 66.8 million tonnes in 2002 to 92.4 million tonnes in 2012.
CaroTrans, a global non-vessel operating common carrier and ocean freight consolidator, has launched a direct weekly export service, handling both less-than-containerload (LCL) and full-containerload (FCL) cargoes, from Houston to Rio de Janeiro, Brazil.
Amber Road, a provider of global trade management solutions, has acquired EasyCargo, a Shanghai-based GTM solutions provider specializing in complex Chinese trade regulations.
The International Air Transport Association (IATA) revised its 2013 global industry outlook downwards to $11.7bn on revenues of $708bn. Airline performance continued to improve in the second quarter, but at a slower pace than was expected with the previous projection (in June) of $12.7bn. This reflects the impact on demand of the oil price spike associated with the Syrian crisis and disappointing growth in several key emerging markets.
Kewill Inc., a provider of multimodal transportation and logistics management solutions, announced the release of Kewill MOVE, a comprehensive platform for managing the complexities of transportation, logistics and trade compliance.
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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