The latest news and features revolving around evolving customs regulations, global trade, and the services that help global shippers expedite freight through the global supply chain
Posted 03/20 · 07:25 AM · SCMR Editorial
More evidence that shippers may be “near shoring” in the future surfaced at a maritime conference in Southern California earlier this month
Posted 03/19 · 11:07 AM · LM Editorial
In what can potentially be viewed as a significant game changer for the global logistics and express delivery sectors, UPS and Netherlands-based TNT NV, a provider of mail and courier services and the fourth largest global parcel operator, said today they have reached an agreement in which UPS will acquire TNT Express for roughly $6.77 billion ($5.16 billion euro). The agreement is an all-cash offer of $9.50 per ordinary share for TNT Express.
Posted 03/16 · 08:56 AM · LM Editorial
Following reports that talks focusing on UPS trying to acquire the express business of Netherlands-based TNT NV, a provider of mail and courier services and the fourth largest global parcel operator, “have slowed” due to various issues, UPS said today that it “remains in constructive discussions” with TNT regarding a potential transaction to acquire the entire issued share capital of TNT Express.
Posted 03/16 · 08:45 AM · LM Editorial
In a response to shippers’ seeking sourcing alternatives, COSCO Container Lines Americas, Inc. has introduced a new service connecting Asia and the Gulf of Mexico via the Panama Canal
Posted 03/16 · 08:07 AM · LM Editorial
The Alternative Site Framework program expands upon the benefits already granted within the FTZ program in an efficient way.
Posted 03/15 · 12:53 PM · SCMR Editorial
Supply chain managers should have learned some valuable lessons from last year’s Fukushima earthquake and tsunami in Japan, said industry analysts
Posted 03/15 · 08:27 AM · SCMR Editorial
The 15 member carriers in the TSA are recommending a further increase of $400 per 40-foot container effective April 15, 2012
Posted 03/14 · 06:55 PM · MMH Editorial
The newest member to join the Reusable Packaging Association, Federal Supply Services International, brings with it unique capabilities and experience within the reusable supply chain.
Posted 03/14 · 02:55 PM · LM Editorial
Having played their hand on an earlier rate hike announcement, the 15 member carriers in the Transpacific Stabilization Agreement (TSA) are recommending a further increase of $400 per 40-foot container (FEU) effective April 15, 2012
Posted 03/13 · 12:05 PM · SCMR Editorial
Following a projected 6.8 percent annual decline in import cargo volume for February, the monthly Port Tracker report by the National Retail Federation (NRF) and Hackett Associates of calling for a ten percent annual gain for March.