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All Logistics: Page 585
IAG Cargo Launches Small-Freight Collection Service in U.S.
IAG Cargo, the product of a merger between British Airways World Cargo and Iberia Cargo, has begun a complimentary trial service for the collection of small freight shipments in the U.S.
Ocean Transportation Rates May Drop in Fourth Quarter, DHL Exec Says
Lines could see the freight rate gains of this year on major trades wiped out in the fourth quarter when more vessels enter the market and volumes contract post-peak season, according to a third-partly logistics executive.
Trends in Industrial Real-Estate
Strength is returning to the market for mid-sized warehouses, though vacancies remain high for facilities of 100,000 to 200,000 square feet, says Rob Wheeler, vice president for industrial services at Cresa Chicago. Cresa Chicago is a real estate firm that works only with tenants. With 55 offices in North America, it is "the biggest real estate firm you've never heard of," Wheeler says.
Acuitive Solutions Unveils Spot-Quote App for Airfreight
Acuitive Solutions, provider of a global transportation-management system (TMS) portal for air and ocean freight, has introduced the Acuitive SpotManager.
Flash Europe Acquires Express Logistics Provider Roberts Europe
Flash Europe International S.A., a specialist in expedited freight transportation, has acquired Roberts Europe, a longtime logistics provider based at Maastricht Airport in the Netherlands.
Gartner's Top Predictions for Global Logistics Organizations to 2016
More than 60 percent of surveyed companies view logistics as non-strategic, yet expectations for near-perfect performance are placing increasing stress on global logistics organizations, according to research and advisory firm Gartner Inc.
Canadian General Freight Index Sees First Rate Decrease in Over a Year
Results published by the Canadian General Freight Index (CGFI) indicate that the cost of ground transportation for Canadian shippers decreased 1.7 percent in March when compared with February results. This is the first decrease the index has seen since February 2011. Nevertheless, costs are still up 8.1 percent year over year.
APL, Pacific International Lines Launch Joint Service Between Far East, Red Sea
APL Co. Pte Ltd. is joining with Pacific International Lines (Pte) Ltd. to launch a joint container service between the Far East and the Red Sea.
Could Canada One Day See a Barge Network Span the Country for Moving Natural Gas to Asia?
While rail lines and highways proliferate across most of Canada and the U.S., much freight moves by water within the North American continent. Such maritime operations prevail on the Great Lakes, along the St. Lawrence Seaway and along the Mississippi River. New developments in hydroelectric power, barge-train technology, articulated ship technology and the mining industries could create a basis to develop a future barge canal that would connect parts of Western Canada to Hudson Bay and to the Beaufort Sea.
Saddle Creek Corp. Becomes Saddle Creek Logistics Services
Saddle Creek Corporation, a nationwide third-party logistics provider, announced that the company is changing its name to Saddle Creek Logistics Services.
Kuehne + Nagel Slates Relocation to Larger Logistics Facility in Atlanta
Kuehne + Nagel, the global provider of logistics services, has announced plans for a larger logistics center in Atlanta, Ga. With 211,000 square feet of space, the site will double Kuehne + Nagel's existing operation in the Atlanta area.
Senate Ratification of Law of Sea Treaty Strongly Urged by Military, Political Leaders
In the strongest terms possible, defense and diplomatic leaders have urged the U.S. Senate to ratify the Law of the Sea Convention. Defense Secretary Leon E. Panetta along with Army Gen. Martin E. Dempsey, the chairman of the Joint Chiefs of Staff, joined Secretary of State Hillary Rodham Clinton in testimony before the Senate Foreign Relations Committee. All three urged the committee to approve the treaty.
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