Global Logistics

NewAge Software & Solutions Enters North American Market

March 8, 2013

NewAge Software & Solutions, a provider of software applications for freight forwarders and logistics companies, has entered the North American market.

China Denies Status of World's Largest Trader

March 7, 2013

The China Post

China has a new status its government doesn't want - world's biggest trader. Trade data from both governments indicate China passed the United States last year in total imports and exports by a margin of $3.86tr to $3.8tr. That is about $44bn, or just over one percent of China's total.

Air Menzies International Sets Up Operations in India

March 6, 2013

Air Menzies International

Air Menzies International, a global trade-only airfreight and express wholesaler, has set up a new regional division to foster its development in India, and launched its own operation in Mumbai.

Legacy Supply Chain Services Acquires Vitran SCO

March 6, 2013

Legacy Supply Chain Services

Legacy Supply Chain Services has acquired Vitran Corporation Inc.'s Supply Chain Operation (Vitran SCO).

Global Supply Chain Management Requires Knowing What - and When - to Outsource

March 6, 2013

SupplyChainBrain

Analyst Insight: The worldwide logistics market has experienced a growth rate of approximately 7 percent annually, which is notable given logistics costs average about 12 percent of total revenues globally. Of this total, an average of 46 percent is spent through outsourced relationships, which drove total spend in North America alone to $134bn in 2011. Given this growth and the increasing complexities of global trade, selecting the appropriate services to outsource and structure mutually beneficial relationships with logistics providers is critical. - Aaron Pernat, Senior Manager, and Gary Allen, Executive Director, both in Ernst & Young's Supply Chain Advisory Practice

Asian Supply Chain Optimization Improves On-time Delivery, Margin for European OEM Components

March 1, 2013

SupplyChainBrain

Analyst Insight: The automotive industry is an orchestration of marketing, logistics and product development. This orchestration, which leads to higher complexity and demand, requires that many parts be available in manufacturing and services. And this global and complex way of looking at a problem drives the European automotive industry to operate in Asia, as well as localize their supply chains for sales in Asia. However, the logistics for Original Equipment Manufacturers (OEM) between these two continents sometimes become complex. - Thomas Wiedmann, Managing Director, Europe, Tompkins International

Industrial Machinery Will Be Export-Import Growth Engine for Next 10 Years or So

March 1, 2013

Industry Week

Industrial machinery is expected to be the top driver of U.S. export and import trade now and in the next decade, according to the latest HSBC Commercial Banking Trade Forecast.

CEVA Opens Logistics Center in United States

February 28, 2013

TransReporter

CEVA Logistics has opened a logistics center in Jacksonville, Fla., where services will include solutions design and engineering, managed transportation, global supply chain solutions, transportation procurement, and rail fueling.

China Takes Control of Pakistan Port from Singapore

February 28, 2013

The Times of India

China has assumed control of a strategic Pakistani port on the Arabian Sea, as part of a drive to secure energy and maritime routes that also gives it a potential naval base, sparking Indian concern. The Pakistani cabinet approved the transfer of Gwadar, currently a commercial failure cut off from the national road network, from Singapore's PSA International to the state-owned China company on January 30.

ATA Truck Index Posts Best January in History

February 28, 2013

Biz Journals

The American Trucking Associations' advanced seasonally adjusted for-hire truck tonnage index increased 2.9 percent in January after jumping 2.4 percent in December. Tonnage has surged at least 2.4 percent every month since November, gaining a total of 9.1 percent over that period. As a result, the SA index equaled 125.2 (2000=100) in January versus 121.7 in December. January's index was the highest on record. Compared with January 2012, the SA index was up a robust 6.5 percent the best year-over-year result since December 2011.

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.