China's regulators have blocked the P3 mega-alliance between Maersk, MSC and CMA CGM on the grounds that it infringes the country's competition laws between Asia and Europe, particularly with respect to the lines' combined market share of 46.7 percent. The law enforcers appear to believe that the cost reductions gained by the P3 carriers would either have been offset by this unacceptably high risk of market concentration, or would not have been passed back to shippers satisfactorily. Where to now?
UL LLC, the safety consulting and certification company, has expanded its Information & Insights (I&I) services division with the acquisitions of GoodGuide, IDES, Innovadex and The Wercs.
The Deloitte & Touche LLP consultancy has teamed up with LLamasoft Inc., a provider of supply-chain design software, to provide risk-management services to global companies.
The Australian logistics industry has welcomed moves in the recent federal budget, followed by measures in New South Wales to improve policy and investment performance in infrastructure, after years of irresolute state policy, procrastination and diversion of public funding to other areas.
The Transported Asset Protection Association (TAPA) launched what it calls the most comprehensive supply chain security standards in TAPA's 17-year history to combat increasingly sophisticated thefts.
The Obama administration has taken its latest step away from the "all-of-the-above" energy strategy the president has professed to support, according to Jay Timmons, president and CEO of the National Association of Manufacturers.
A year ago, China's light-emitting diode industry seemed like a case study of industrial policy gone awry. Hundreds of factories built all over eastern China, often with lavish clean energy subsidies from state-owned banks and local governments, were operating at half capacity. The share prices of LED manufacturers were plunging. Now demand is surging, and the Chinese manufacturers suddenly find their factories running at full tilt, churning out LEDs faster and cheaper than global rivals.
Safety science company Underwriters Laboratories launched its Information & Insights division, created to meet the demands by businesses for more sustainably made products - including housewares, beauty supplies, cleaning products and consumer technologies from computers to smart devices - and sustainable supply chains.