UPS has bought into the European truckload brokerage sector with purchase of Freightex, a U.K.-based provider of truckload, less-than-truckload, specialized and refrigerated over-the-road services.
Businesses need and want predictability - particularly when it comes to government regulations. So the fact that the International Civil Aviation Organization (ICAO) updates its Technical Instructions for the Safe Transport of Dangerous Goods every two years is both a blessing and a curse. A blessing because industry knows the changes that are coming, and a curse because there are changes coming.
Imports at the nation's major retail container ports saw an unexpected increase during the industry's busy holiday season, according to the monthly Global Port Tracker report released this week by the National Retail Federation and Hackett Associates.
Retailers prepare for months for the all-important holiday season. According to the National Retail Federation (NRF), the holiday season can account for as much as 30 percent of an individual retailer's total sales. The NRF also notes that the holiday returns process accounts for about 24 percent of returns for the entire year.
SATO, a global provider of Auto-ID tools, has announced it will launch two new group companies in the Philippines. By establishing SATO Philippines AIDC Solutions Inc. and SATO Philippines Auto-ID SP Inc., the SATO Group says it seeks to better serve customers in the country.
Dutch market research firm WorldACD has released strong monthly results for late 2016, calling the most recent peak season the most robust since 2009. November U.S.-dollar yields improved by 3.9 percent over the previous month while volumes increased by 6.9 percent, year-over-year (y-o-y), WorldACD reported.
Amazon shipped over 2 billion items worldwide in 2016 for third-party sellers on its marketplace using its fulfillment services - more than double the figure from 2015 - while FBA-shipped items grew 50 percent during the holiday season, the company reported.
Amazon has filed a patent for a flying warehouse that would deliver packages using a fleet of drones. The "airborne fulfilment centre", patented in the U.S., would consist of a giant airship that remains at high altitude while drones collect packages from it to deliver to locations on the ground.
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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