Airfreight rates for East-West routes reached their highest level so far for the year in October, reaching $2.89 per kilo, as the impact of peak season demand began to be reflected in rising rates, according to Drewry’s latest East-West Airfreight Price Index report.
Dubai-based ground handler dnata, and a consortium of supply chain firms, has successfully completed a proof-of-concept test for a logistics platform that tracks supply chain transactions using hyper-secure blockchain technology. According to stakeholders in the project, the new system can eliminate redundant data and improve visibility and transparency.
A law banning slave-made goods from entering the United States has failed, lawmakers and advocates said, as they push border authorities to step up inspections of suspicious shipments.
Earlier this year, the International Transport Forum (ITF) published a report on global action and legal issues pertaining to the transition to driverless trucks. While technology and innovation move at a swift pace, indeed regulatory and infrastructure changes will lag a few years behind.
While the U.K. Shipping Register has included its first autonomous vessel, there are several gaps that need to be addressed before such technology becomes widespread and moves into the international domain.
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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