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 02/23 · 09:44 PM · SCMR Editorial
The world’s three largest container shipping companies have decided to cooperate in the fight against piracy in the Gulf of Aden and the Indian Ocean. According to The Global Insititute of Logistics in New York, the cooperation between CMA CGM, MSC and Maersk Line includes information exchange on safety measures, piracy policies and procedures as well as coordination to ensure the issue is addressed with all relevant stakeholders
Posted 02/23 · 01:58 PM · LM Editorial
In response to customer demand, FedEx subsidiary FedEx Express said this week it is adding new services focused on earlier delivery of freight shipments.
Posted 02/23 · 01:06 PM · LM Editorial
FedEx said that its FedEx subsidiary has officially completed the acquisition of the logistics, distribution, and express businesses of India-based AFL Pvt. Ltd. and its affiliate Unifreight India Pvt. Ltd. The deal was originally announced by FedEx in November.
Posted 02/22 · 02:04 PM · LM Editorial
UPS announced it has expanded its UPS Preferred LCL (less-than-container-load) Ocean Freight service to ten additional Asia-based ports, which it said provides shippers with up to 40 percent faster door-to-port United States-bound delivery for LCL shipments.
Posted 02/22 · 09:46 AM · LM Editorial
A moderate increase in European import and export volumes is expected in 2011, according to the most recent edition of the Global Port Tracker Report published by Hackett Associates and the Bremen Institute of Shipping Economics and Logistics.
Posted 02/21 · 08:37 AM · LM Editorial
Logistics Management magazine is partnering up with the National Industrial Transportation League (NITL) and American River International, a provider of import/export management consulting services, will offer a half-day seminar on Monday, February 28, entitled “Understanding and Managing Incoterms 2010.”
Posted 02/18 · 10:06 AM · LM Editorial
Following the introduction of the FAA Reauthorization and Reform Act of 2011, H.R. 658 by the leadership of the House Transportation and Infrastructure Committee last week, the bill was approved by the committee this week by a 34-25 margin.
Posted 02/18 · 01:53 AM · LM Editorial
The Federal Maritime Commission took several steps yesterday to reduce regulatory burdens and bring cost savings and flexibility to the shipping industry and the customers they serve.
Posted 02/18 · 01:52 AM · LM Editorial
With a high level of acrimony surrounding the U.S.-Mexico cross-border trucking program in recent years, there are some recent signs that the effort may be regaining its footing.
Posted 02/18 · 12:12 AM · LM Editorial
Both ports show double-digit annual gains for imports and exports.