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Global Logistics: Page 103

Dallas Fort Worth Airport to Open New Cold Chain Facility

Dallas Fort Worth International Airport (DFW) has announced plans to build a 37,000-square-foot cold chain facility to be operated by AirLogistix USA. The airport says it expects the facility to come online this summer.

Cross-Border Retail Volumes to Increase to $900Bn by 2020, Research Says

DHL Express has published research highlighting growth opportunity for retailers and manufacturers with an international online product offering. The report, "The 21st Century Spice Trade: A Guide to the Cross-Border E-Commerce Opportunity," looks at the markets and products that offer the highest growth potential, the motivations and preferences of customers making international online purchases and the success factors for online retailers that wish to expand overseas.

Walmart Goes After Amazon With Free 2-Day Shipping

Firing yet another salvo in its ongoing e-commerce war with Amazon, Walmart is eliminating its fee-based ShippingPass program less than a year after it was created to counter to Amazon Prime, instead offering free two-day shipping on 2 million items at a $35 order threshold.

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Amazon to Move Prime Air Hub to Cincinnati

When Amazon announced last year that it was entering directly into the air logistics business with the launch of Prime Air, the airfreight world knew that it had to prepare for bold moves by a deep-pocketed company with a passion for innovation. Now, the Seattle-based online retail giant has announced the shift of its current air hub from Wilmington Airpark (ILN) in Ohio to the Cincinnati/Northern Kentucky Airport (CVG) this spring, hinting at a possibly vast expansion of Amazon's e-commerce air service.

China Shipbuilding Pushing Technology Envelope

China Shipbuilding Industry Corp (CSIC) has begun to upgrade the design of its first-ever floating nuclear power platform ready for a wider spectrum of applications. The company is also expanding its submersible construction activities.

Asia-Pacific Airlines See Cargo Rebound in Late 2016

Preliminary airfreight figures for 2016 from the Association of Asia Pacific Airlines (AAPA) reaffirmed continued strength in the second half of the year, after a weak start.

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ZIM to Provide Logistics Services in India

ZIM Integrated Shipping Services and Avvashya-CCI, a subsidiary of Allcargo Logistics Limited, India, have signed a cooperation agreement aimed at providing customers with comprehensive logistics services in India, according to the companies.

UPS Acquires U.K. Truck Brokerage Firm Freightex

UPS says it has acquired British firm Freightex to gain entry into the European truck brokerage market - coming eight months after FedEx closed its acquisition of Netherlands-based TNT Express.

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Airfreight Prices Fell in December, Despite Strong 2016 Closeout

Despite a strong finish of 2016 at airports, and reports of high volumes through December, airfreight rates fell $0.21, year-over-year, to $3.14 per kilogram in the month, according to Drewry's latest East West Airfreight Price Index report.

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Economists: Making Products in the U.S. Won't Be Cheaper

President Trump met with business leaders last week to present a plan for keeping jobs in the United States. He offered a carrot - a dramatic cut in taxes and regulations - as well as a stick - a substantial tax on companies that decide to send their factories offshore.

More Piracy Near Philippines Forces Ships To Change Routes

A surge in piracy to the west of the Philippines is forcing shipowners to divert vessels through other waters, increasing costs and extending the time it takes to transport goods such as Australian iron ore to key Asian destinations, according to Reuters.

Hyperloop Cargo Transit Could Be Coming Soon To European Cities

A U.S. startup pursuing Elon Musk's vision for near-supersonic rail transport announced an agreement on a feasibility study for a hyperloop system connecting two European cities.

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