Global Logistics

Trans-O-Flex Invests 2m Euros in New Frankfurt Logistics Centre

March 12, 2013

Trans-O-Flex has opened a new logistics centre near Frankfurt Airport in central Germany to provide cross-border distribution for the pharmaceutical and healthcare industries.

Commission Increases Road Haulage Permits Considering Intermodal Freight

March 12, 2013

Handy Shipping Guide

Representatives from the Belarusian and Italian Commission on International Road Transport met in Rome where an agreement was reached to increase bilateral quotas on road haulage in 2013 and 2014. The parties also discussed the subject of intermodal transport and the prospect of increased use of bilateral communication, and increasing the flow of freight between Europe and Asia.

Iran Increases Port Capacity to 184 Million Tons

March 12, 2013

Tehran Times

The total capacity of Iranian ports has increased by 80 million tons during the past eight years, reaching 184 million tons, IRNA quoted Iranian roads and urban development Minister Ali Nikzad as saying.

Indian Railway Freight Rates Rise Five Percent

March 12, 2013

Procurement Leaders

Plans to increase coal rail freight rates by 5.7 percent across India have been outlined in the national Railway Budget 2013-14. India's Railways Minister Pawan Kumar Bansal published proposals to raise the freight rate on coal from Rs 685.10 per tonne to Rs 724.80 - a jump of 5.79 percent.

Airfreight Leaders Demand Trade Barriers Lowered

March 12, 2013

Handy Shipping Guide

The latest communication from the Global Air Cargo Advisory Group (GACAG), a body which packs in all the heavy hitters involved in the supply chain, from forwarding agents to airlines, makes very plain the views of the air cargo industry regarding the recently stalled Doha Round of trade negotiations held under the auspices of the World Trade Organization (WTO) and specifically designed to lower trade barriers and simplify processes, particularly to allow two way market access to developing countries.

Supply Chain Risk Challenges Must Be Addressed

March 12, 2013

Area Development

According to a new survey of 600 executives from Deloitte "” "The Ripple Effect: How Manufacturing and Retail Executives View the Growing Challenge of Supply Chain Risk" "” global executives are increasingly concerned about the growing risks to their supply chains and costly negative impacts such as margin erosion and inability to keep up with demand.

AIG Offers New Product for Transportation and Logistics Industry

March 12, 2013

IBR

American International Group (AIG) has introduced a new product under its NextGen Protection family to address requirements of transportation and logistics industry. Over Â£73 million has been awarded from Round 2 of the Advanced Manufacturing Supply Chain Initiative (AMSCI) to 12 national supply chain projects, and a further Â£140 million will be invested by business.

DHL to Spend $52.5m on Indonesia Positioning

March 12, 2013

Trans Reporter

DHL Supply Chain will invest $52.5m over the next few years to further strengthen its position in Indonesia. By 2015, the company plans to increase its transportation fleet by over 100 percent up from its fleet of 370 vehicles at present and grow its staff strength by over 70 percent from its current base of some 2,250 employees.

Top Companies to Boost Predictive Analytics Technology Spending

March 12, 2013

Procurement Leaders

Most high-performing companies will manage their business processes using real-time predictive analytics or "extreme collaboration" by 2016.

U.S. Consumers Value Low Prices More than Same-Day Delivery, Survey Finds

March 12, 2013

Boston Consulting Group

Consumers are much more interested in free delivery and lower prices than in the same-day delivery of goods ordered online, according to a survey conducted by The Boston Consulting Group. Only 9 percent of the 1,500 U.S. consumers surveyed cited same-day delivery as a top factor that would improve their online shopping experience, while 74 percent cited free delivery and 50 percent cited lower prices.