On Sunday, Iranian and Chinese officials signed an agreement for large-scale Chinese investments and trade commitments for the Iranian petroleum industry.
Voracious global demand for e-commerce fulfillment centers and distribution centers fueled a 2.8 percent year-over-year increase in prime logistics rents globally, led by double-digit percentage gains in U.S. coastal markets, according to CBRE Group Inc.'s inaugural Global Prime Logistics Rents report. Six of the top 10 markets with the fastest-growing prime logistics rents globally were in the U.S., led by Oakland, Calif., with a nearly 30 percent gain.
In answer to Amazon's Prime Service, Walmart has cut the delivery time of its ShippingPass e-commerce subscription program to two days rather than three.
360pi, a provider of price and product intelligence, has joined with brand-protection expert MarkMonitor to aid brands in identifying and addressing online threats to revenues and reputations.
Descartes Systems Group has acquired Pixi Software GmbH, a Germany-based provider of applications for e-commerce order fulfillment and warehouse management.
The latest supply-chain news, analysis, trends and tools for executives in the consumer packaged goods industry. Learn how consumer packaged goods companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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