The European road freight market grew by 2.9 percent in 2014, but markets there have distinctly different dynamics in both supply and demand, which means no single, cohesive European road freight market exists.
LNG shipping freight rates continue to be under pressure from weak Asian demand and a growing fleet. Shipowners are now pinning hopes on a revival in European demand. However, European LNG demand growth will not be sufficient to raise freight rates, according to the newly launched LNG Forecaster report published by global shipping consultancy Drewry.
Milwaukee Cylinder, a manufacturer of hydraulic and pneumatic tie rod cylinders, has begun selling a radio frequency identification function for its products to help users manage each cylinder's maintenance schedule.
The typical procurement organization invests heavily in supplier compliance but rarely reaps the value rewards. Compliance can often feel like a revolving door, with procurement teams evaluating the same risks and under-performing suppliers over and over again and never identifying the root causes or making real progress toward sustainability. Eventually, after a multi-year investment into a responsible sourcing program, procurement finds itself past the point of diminishing returns.
Walmart has been privately testing drones inside facilities and is now seeking permission from federal regulators to test them outdoors for various uses, including home delivery.
Tinker Air Force Base in Oklahoma is the home of the Oklahoma City Air Logistics Center (OC-ALC), the center of the Air Force Materiel Command's (AFMC) aircraft, engine, missile, software and avionics management and maintenance centers.
Given the vicissitudes of the world's textile and apparel supply chain, China is changing its strategy to counter what Chinese experts describe as the "new normal." That has direct impact on textiles in the United States.
IATA's global head of cargo, Glyn Hughes, said the logistics business is not keeping up with technology - a sentiment that's been expressed before, but one he said cannot be emphasized enough. Hughes also called for more communication across the airfreight supply chain.
You feel the energy soon after disembarking at Hazrat Shahjalal International Airport in Dhaka. All of Dhaka, the capital of Bangladesh, seems to throb with bustling masses of people. Bridges, expressway overpasses, and major new neighborhoods are continually under construction. Evidence of the country's rising disposable income is on display at crowded shopping malls such as Jamuna Future Park, the largest in South Asia, and new billboards, which seem to cover every available space, advertise products as varied as packaged foods and smartphones.
The latest supply-chain news, analysis, trends and tools for executives in the pharmaceutical and biotech industries. Learn how pharmaceutical and biotech 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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