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Think Tank
Freight Forwarding/Customs Brokerage: Page 22
CaroTrans Launches Atlanta-Nhava Sheva Service in Response to Market Demand
CaroTrans, a global non-vessel operating common carrier and ocean freight consolidator, has begun a direct, weekly LCL service from Atlanta to Nhava Sheva, India to address increased demand from the U.S. Southeast and Gulf regions.
It's Good That Low-Cost Capital Fuels 3PL Acquisitions, C.H. Robinson CEO Says
C.H. Robinson CEO John Wiehoff says there's a pretty straightforward reason why there was so much acquisition activity in the third-party logistics and freight brokerage markets the last two years: the low cost of capital and an active investment community.
TQL Opens New Offices in Missouri, Arizona
Total Quality Logistics, a nationwide freight brokerage, is opening offices in Missouri and Arizona.
Kuehne & Nagel Unveils New Platform for Digital Interface
Kuehne & Nagel has entered into a partnership with the Transporeon Group, operator of a European cloud-based electronic logistics network, to create a digital collaboration platform with truckload and less-than-truckload carriers.
Hanjin Woes: Cargo Transportation Prices & the Interrupted Supply Chain
The world's seventh-largest deep sea cargo transportation carrier, Hanjin Shipping, filed for court receivership - a form of bankruptcy protection - on Aug. 31. Chaos has promptly ensued in a number of markets, and it won't end any time soon, according to Ashley Cruz, IBIS World Procurement Research Analyst.
Carmichael International Adds Customs Brokerage in Charlotte
Carmichael International Service, a provider of customs brokerage and trade-compliance services, has launched a new operation in Charlotte, N.C.
Acquisition of APC Logistics Expands C.H. Robinson's Clout in Asia Pacific
C.H. Robinson has entered into a definitive agreement to acquire APC Logistics, a provider of freight forwarding and customs brokerage services in Australia and New Zealand. The two companies have had a long-standing exclusive agent relationship for business in Australia and New Zealand. The agreement is subject to certain customary closing conditions, including regulatory approval.
Toyota Opens Parts Center to Serve 27 Lexus Dealerships in Southeastern U.S.
Toyota Motor Sales U.S.A. Inc. (TMS) has opened a parts distribution center in Lithia Springs, Ga., near Atlanta. Stocking approximately 43,000 Lexus parts, the facility will serve 27 Lexus dealers in the Southeast, primarily in Atlanta, as well as a five-state area that includes Georgia, North Carolina, South Carolina, Alabama and Tennessee.
It's Time to Renew Your Freight Broker Bond
Since the changes in the freight broker bond requirements introduced by the MAP-21 legislation back in 2013, autumn has turned into the bond renewal season for the freight industry. In the next few months, about two thirds of the nearly 17,000 licensed freight brokers are expected to undergo the yearly surety bond renewal.
Seko Logistics Adds E-Commerce Warehousing Capacity in Hong Kong
Seko Logistics has added 100,000 square feet of warehousing and fulfillment capacity in Hong Kong.
Yusen Logistics Expands Airfreight Forwarding Network in Mexico
Yusen Logistics has expanded its airfreight forwarding network in Mexico, with the addition of a branch in Guadalajara.
Are You a Service Parts Pricing Laggard or Leader?
In business, as in life, you're either improving or declining, growing or shrinking - there is no middle ground. In today's ultracompetitive durable goods industry, you're either evolving your business to compete faster and stronger while delivering a superior customer experience or you're allowing it to stagnate and erode, a formula which is sure to capture the (negative) attention of your customers and shareholders.
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