Filed in Global Logistics
Wednesday, February 23, 2011
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.
Tuesday, February 22, 2011
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.
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.
Monday, February 21, 2011
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.”
Friday, February 18, 2011
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.
Thursday, February 17, 2011
According to a recent report in The Financial Times, China is in negotiations over the construction of a 137-mile rail link across Colombia that represents a competitive route. When completed, Chinese exporters could ship finished goods into Latin America while sourcing raw materials for outbound vessel deployment.
Wednesday, February 16, 2011
As news reports continue to track the transit of two Iranian warships through the Suez Canal, global shippers may also be ready to rethink their supply chain strategies
Tuesday, February 15, 2011
California’s exporters nearly clawed their way back to pre-recession levels of trade with a strong performance in 2010, according to an analysis by Beacon Economics
Monday, February 14, 2011
Consumer demand in emerging markets for more out-of-season perishables – including flowers for Valentine’s Day – is keeping logistics providers busy this season
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Friday, February 11, 2011
By now, you have probably seen the most recent batch of numbers from the Commerce Department regarding the trade deficit. In short, the data pretty much represents an ongoing trend. Commerce said that the international trade deficit increased 5.9 percent in December 2010, to $40.6 billion, up from $38.3 billion in November. And exports grew 1.8 percent, to $163.0 billion, and imports rose 2.6 percent, to $203.5 billion.