The Panama Canal will implement more sound "green building" practices in future construction in order to improve compatibility with the environment, according to the canal's development authority.
International Asset Systems (IAS) has introduced ChasssisManager, a service intended to simplify the rental process and maximize asset utilization for chassis providers.
The logistics sector in 2011 was characterized by flat freight volume and higher rates, says Rosalyn Wilson, senior business analyst at Delcan, who researches and writes the annual State of Logistics report. The report is underwritten by the Council of Supply Chain Management Professionals and Penske Logistics.
Inttra, a global electronic-commerce network for the ocean shipping industry, has formed an alliance with CargoSphere, a cloud-based confidential rate network.
Import cargo volume at the nation's major retail container ports is expected to increase 6.3 percent in August compared with the same month last year, and 2012 should show an increase of 4.8 percent over last year, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
Panjiva, provider of a platform for global sourcing, has developed Maritime Monitor, a product designed to meet the trade-analysis and lead-generation needs of the maritime industry.
Over the last five years, the word "hedge" has become something of a dirty word. Think hedge funds - those massive, unregulated accumulations of capital that played a key role in bringing about the Great Recession. The idea of protecting oneself against adverse economic conditions seemed sound, but it quickly mutated into a bewildering flurry of transactions that ended up creating more risk than they were designed to mitigate. What's more, the original concept behind hedge funds became watered down to the point that many today aren't really "hedging" against anything. They're simply a means for investors to park their money with a trusted fund manager who might or might not repay that trust in the form of steady returns - all with minimal regulatory oversight.
The CMA CGM Group is upgrading its weekly, fixed-day Brazil Express (Brazex) container service, with the introduction of two new Brazilian ports, Manaus and Salvador de Bahia, to the rotation.
The latest news, analysis, services and systems regarding ocean transportation and its impact on global supply chains. Today’s companies are transporting and delivering container shipments in a more efficient manner than ever before using new services and technologies that provide information en route - allowing them to stay ahead of the competition in their industries. As ocean cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using ocean shipping solutions to power their supply chains.
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