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 02/11 · 01:13 PM · LM Editorial
By now, you have probably seen the most recent batch of numbers from the Commerce Department regarding the trade deficit. In short, the data pretty much represents an ongoing trend. Commerce said that the international trade deficit increased 5.9 percent in December 2010, to $40.6 billion, up from $38.3 billion in November. And exports grew 1.8 percent, to $163.0 billion, and imports rose 2.6 percent, to $203.5 billion.
Posted 02/11 · 08:14 AM · SCMR Editorial
The 10th Annual Supply Chain Management Research Center Spring Conference, co-hosted by the Ozark Roundtable of the CSCMP, will take place on March 17.
Posted 02/11 · 07:58 AM · LM Editorial
When the 36th Annual Federal Aviation Administration’s Forecast Conference convenes in Washington next week, shippers should expect to hear that profitability for U.S. carriers will hinge a stable environment for fuel prices.
Posted 02/10 · 06:28 AM · LM Editorial
President Obama and Canada’s prime minister, Stephen Harper issued a joint statement reconfirming their support of new and existing trade initiatives.
Posted 02/09 · 01:45 PM · LM Editorial
Express delivery and logistics services provider DHL said today that it plans to spend $22.5 million to expand its hub facility at the Cincinnati/Northern Kentucky Airport to meet the growing needs of international shippers.
Posted 02/08 · 01:22 PM · LM Editorial
In a development that may signal a shift in global marine terminal operations, Zebra Technologies Corporation announced that it has entered into a definitive agreement to sell its Navis business to Cargotec Corporation.
Posted 02/08 · 08:21 AM · LM Editorial
Global third-party logistics (3PL) services provider Jacobson Companies recently announced it has established a strategic partnership with Rhenus Logistics, a European 3PL.
Posted 02/07 · 02:09 PM · LM Editorial
More than $10 million in counterfeit electronics, stolen merchandise and bank receipts have been recovered as a result of a cargo theft investigation initiated by Los Angeles Port Police.
Posted 02/07 · 01:36 PM · LM Editorial
UPS announced earlier today that it has expanded its UPS Express Freight service into Israel and Slovakia. Company officials said that this effort will serve expanding hubs for high-tech, industrial, and automotive shippers.
Posted 02/04 · 11:12 AM · LM Editorial
Despite the encouraging news from The International Air Transport Association on improving freight volumes, there are still two key issues that may have a negative impact on a full recovery: the weather and fuel prices.