The customized third-party high-tech service parts logistics has announced significant expansion of its strategic stocking location (SSL) network in Brazil, Russia, India and China (BRIC).

One of the key results of a study done by Global consultancy IDC Manufacturing Insights is that manufacturers, while pressured to reduce costs, have pulled back on the prevalence of low-cost country sourcing.

Shippers using the EU’s biggest seaport may be hit with new surcharges next month. Serious operational problems and delays at the Euromax, ECT Home and ECT Delta terminals in Rotterdam these past three weeks have caused both delays and short-shipments of cargo to and from the Baltic and Scandinavian countries.

Following its promising forecast made last month, the International Air Transport Association is reporting a significant surge in air cargo demand.

The number of global manufacturers shipping to the United States continued in June with a 1 percent gain, according to data from Panjiva, an online search engine with detailed information on global suppliers and manufacturers.

Even though year-over-year comparisons were relatively easy, June volumes at the Ports of Los Angeles (POLA) and the Port of Long Beach (POLB) turned in strong performances.

The Semiconductor Industry Association reported today that worldwide sales of semiconductors in May were $24.7 billion, a sequential increase of 4.5 percent from April.