TNT Express has opened a new hub near Romania's third largest airport, Traian Vuia International Airport, in Timisoara. TNT Romania said its new Timisoara Centre was built to provide operational and technological support specifically for high-performance express services.
A U.S. firm has announced the addition of a driver behavior feature set to its fleet tracking system. The technology aims to help fleet operators identify drivers who are compromising safety and fuel efficiency by their behavior behind the wheel.
PrimeRevenue Incorporated, a provider of a SaaS platform for global supply chain finance, announced the release of version 5.5 of its OpenSCi SCiSupplier platform.
Four of the busiest airports in the country will get tightened cargo security this year to enhance screening of dangerous items, a move that raises concerns from business people who say the extra measure will make the current "slow" service even less efficient.
The current British politicians representing the transport sector certainly seem to be putting themselves out again this month with ministerial visits to two of the country's major container shipping ports, a leading logistics park and the launch of a new scheme to place ex-forces personnel into work in the freight and logistics sectors.
Freightgate, a global provider of Logistics Cloud Solutions, announced enhanced predictive analytics capabilities in its logistics cloud platform, known as the Freightgate Universe.
A.P. Moller-Maersk relied on higher freight rates and cost reduction schemes to lift fourth-quarter profit, but modest growth expectations and concerns about pricing has the Danish shipping conglomerate relying increasingly less on mature shipping markets and turning the focus to emerging markets and its oil business.
Port and city officials have called for expediting planned upgrades at the ports of Los Angeles and Long Beach to stave off the threat of losing cargo traffic when the $5.25bn Panama Canal expansion is completed next year.
The CEO of Maersk Group toured Nigeria, Angola and Ghana in a bid to focus on African infrastructure improvements. As African economies boom, infrastructure improvements become more important to turning the growth into sustainable development, and Maersk is planning to take a role in this transition.
Analyst Insight: India has one of the world's fastest-growing economies. Based on the country's 12th Five-Year Plan, manufacturing in India is expected to grow at a healthy CAGR of 9.5 percent. However, according to a World Bank Survey, India ranks 46th in global trade logistics performance and 13th in GDP growth worldwide. Despite the generally positive economic outlook, estimates indicate that the country's inefficient supply chain results in an approximately $65bn loss per year.
- Neelam Singh, Senior Analyst, and Steve Banker, Service Director, Supply Chain Management, both of ARC Advisory Group
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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