The latest news and insight revolving around global trade, logistics services, evolving customs and regulations, supply chain security, and the technology necessary to speed freight through the global supply chain.
Posted 03/04 · 10:34 AM · LM Editorial
Fourth quarter revenue for CEVA–at $2.149 billion-dropped 9.4 percent annually, while adjusted EBITDA jumped up 57.1 percent to $77 million, with the company citing cost reduction actions taken last year contributing to ongoing annual improvements for the latter. For 2013, CEVA revenue fell 8.3 percent year-over-year to $8.517 billion, due to sluggish volumes from its Freight Management group.
Posted 03/03 · 06:24 PM · LM Editorial
More than a third of manufacturing firms in the small and midsized business (SMB) sector expect the economy to strengthen in the coming six months, while nearly half expect it to remain the same, according to the results of the second annual Sage Manufacturing Survey announced by Sage North America.
Posted 03/03 · 09:50 AM · LM Editorial
CEVA said the new location, which has three times the capacity of its previous location there and based at the Parque Sur Industrial Park, is comprised of 4,400 square-meters, with capacity for 7,000 pallet positions, 10 meters of free height, and is in close proximity to the Panama Tocumen Airport as well as major highways.
Posted 02/28 · 11:25 AM · MMH Editorial
Panjiva reported that U.S.-bound waterborne shipments in January—at 1,169,741—were up 9 percent year-over-year and up 7 percent from December to January. And the number of global manufacturers shipping to the U.S in January—at 165,531—was up 3 percent annually and up 1 percent from December to January.
Posted 02/28 · 11:19 AM · LM Editorial
Panjiva reported that U.S.-bound waterborne shipments in January—at 1,169,741—were up 9 percent year-over-year and up 7 percent from December to January. And the number of global manufacturers shipping to the U.S in January—at 165,531—was up 3 percent annually and up 1 percent from December to January,
Posted 02/25 · 03:14 PM · LM Editorial
As reported here in recent weeks, the Retail Industry Leaders Association has long been championing the Trans-Pacific Partnership (TPP). RILA’s vice president for international trade was in Singapore for the talks with the twelve countries, meeting with negotiators and other stakeholders this week and issued another ringing endorsement.
Posted 02/25 · 08:48 AM · LM Editorial
CHRW said this office will serve as a “key step in developing the Austrian market as well as improving and expanding the C.H. Robinson office network across Europe” and will be concentrated on European road transportation.
Posted 02/24 · 10:58 AM · SCMR Editorial
This guest paper was co-authored by Manu Gopeendran, Senior Product Marketing Manager, MetricStream and Keri Dawson - Vice President of Industry Solutions and Advisory Services, MetricStream
Posted 02/21 · 02:50 AM · LM Editorial
POLA kicked off 2014 with a 2.5 percent annual gain in January at 685,550 TEU, and POLB was down 1.4 percent annually at 528,884 TEU.
Posted 02/20 · 04:11 AM · SCMR Editorial
By completing the International Trade Data System (ITDS), the processing and approval times for U.S. businesses that export American-made goods and services will be cut from days to minutes.