The evidence of strengthening in African manufacturing is increasingly persuasive. Between 2000 and 2010, the share of the African population living on less than $1.25 per day fell from 58 percent to 48 percent. In no small part, the falling rate of extreme poverty is driven by much-improved output performance.
Challenge: One of the world's largest steel manufacturers seeks to improve the efficiency of its logistics function. The manufacturer faces two key challenges: 1.) An overall lack of efficiency of all outbound freight flows to worldwide destinations. 2.) A manual, resource-heavy process for managing all shipments, associated costs and billing activity from end to end.
The UK P&I Club has joined forces with leading marine cargo insurer Allianz Global Corporate & Specialty to publish practical guidance for ship owners and operators on how to carry heavy-lift and project cargo safely at sea.
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slid to an all-time low on Monday as sluggish cargo demand - especially from China - battered sentiment.
The International Air Transport Association released full-year air cargo data for 2014 showing 4.5 percent demand growth compared to 2013 measured by freight tonne kilometers, a significant acceleration from the 1.4 percent recorded in 2013 over 2012.
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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