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 06/10 · 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.
Posted 05/31 · 09:07 AM · LM Editorial
Coming off a less-than-stellar first quarter, future prospects for import and export container volumes in Europe are expected to grow over the next six months, according to the monthly Global Port Tracker report from Hackett Associates and the Bremen Institute of Shipping Economics and Logistics.
Posted 05/30 · 04:49 PM · SCMR Editorial
New research by Transport Intelligence, contained within its recent report “Financial Ratio Analysis and Benchmarking of Global Transport & Logistics Sector Leaders 2010,” reveals that the industry is still suffering the hangover from its acquisition binge of the past ten years.
Posted 05/27 · 09:23 AM · LM Editorial
The San Francisco Heritage Foundation maintains that Port City (by Michael Corbett; San Francisco Architectural Heritage, 248 pages; $65.00) represents a first in terms of providing a comprehensive story of the Port of San Francisco.
Posted 05/26 · 10:47 AM · LM Editorial
Following a December announcement in which Netherlands-based TNT N.V., a provider of mail and courier services and the fourth largest global parcel operator announced its intentions to “de-merge” operations by separating its Express and Mail operations into two separate companies, the company’s shareholders yesterday signed off on the move.