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 06/14 · 08:56 AM · LM Editorial
While the International Air Transport Association further downgraded its 2011 airline industry profit forecast to $4 billion, Asia-Pacific carriers are expected to earn $2.1 billion—the most profitable of all regions.
Posted 06/13 · 11:24 AM · SCMR Editorial
While last week’s news that the United States trade deficit headed in the right direction, trade analysts say there may be more than meets the eye
Posted 06/13 · 11:09 AM · LM Editorial
Panjiva’s new quarterly report, entitled the Quarterly Trendspotting Report, takes a detailed look at the macro trends that impacted global trade during the first quarter of 2011. One of its main objectives is to assist sourcing executives determine which geographies are “trending hot” for products they are looking for on a worldwide basis and what the current trends are on an annual basis.
Posted 06/10 · 10:04 AM · LM Editorial
In an effort to meet increasing shipper demand, global express delivery and logistics services provider DHL Express began service for new, next-day intercontinental flights between the U.S. and the Middle East and Asia-Pacific to the U.S.
Posted 06/10 · 07:36 AM · LM Editorial
Despite recent signs of a slackening pace of global economic growth, California exporters turned in another impressive performance in April with shipments totaling $12.88 billion, a gain of 14.4 percent over the same month last year, according to an analysis by Beacon Economics of foreign trade data released this week by the U.S. Commerce Department.
Posted 06/07 · 05:27 AM · LM Editorial
The company is replacing a Boeing 757 narrow-body aircraft with a new and larger B-767 wide-body freighter, which increases cargo capacity by 50 percent on UPS’s 19 weekly flights into Central and South America.
Posted 06/06 · 09:36 AM · LM Editorial
While the practice of “slow steaming” by ocean carriers has become more commonplace in an effort to reduce fuel costs, shippers are not necessarily enthused about its subsequent effects on their supply chains, according to a new study comprised of feedback from 290 shippers conducted by third-party logistics services provider BDP International
Posted 06/06 · 09:18 AM · SCMR Editorial
As the 2014 deadline for the completion of the $5.25 billion Panama Canal expansion project gets closer, the ramifications it will have on supply chains and industrial real estate are abundant, according to the findings of a report issued by global real estate firm Jones Lang LaSalle
Posted 06/02 · 08:29 AM · LM Editorial
Less-than-truckload (LTL) transportation services provider Old Dominion Freight Line (ODFL) said this week it has expanded its Pacific Promise service in an effort to meet increased shipping demand from Asia.
Posted 06/01 · 11:23 AM · LM Editorial
Although the fluctuation of jet fuel surcharges and the supply/demand balance of air cargo capacity are elements that air shippers can’t control, there are several steps they can take to better manage the related, volatile costs.