Filed in Global Logistics
Monday, June 06, 2011
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
Thursday, June 02, 2011
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.
Tuesday, May 31, 2011
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.
Thursday, May 26, 2011
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.
Earlier this week, UPS marked the one-year anniversary of its Shenzhen Asia Pacific hub, which serves the company’s entire intra-Asian network. UPS also announced that in June it is rolling out a new direct weekly flight from Guam to Hong Kong, which connects Guam to the rest of the world.
Tuesday, May 24, 2011
Non asset-based third-party logistics (3PL) services provider UTi Worldwide (UTIW) said this week it has introduced a U.S.-Mexico cross-border service in an effort to “simplify and speed trade across the U.S. and Mexico borders.”
Friday, May 20, 2011
The Port of Boston announced this week that on May 27 it is rolling out a new service to Southeast Asia via the Suez Canal.
Wednesday, May 18, 2011
Coming off of a 4 percent gain in United States-bound waterborne shipments from January to February, shipments from March to April saw a 7 percent bump with 959,364 shipments, said Panjiva. And the number of global manufacturers shipping to the U.S.—at 139,337 was up 6 percent.
Wednesday, May 11, 2011
While the global consensus seems to support “green” supply chains, the cost/reward ratio remains a question
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Tuesday, May 03, 2011
As noted in a recent LM news story, the expected advantages to be gained from near-shoring from Mexico are lower freight costs, improved speed-to-market times, lower inventory costs...and risk mitigation.