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Think Tank
Global Logistics: Page 114
5 Tips for Moving Beyond the Traditional Warehouse Management System
For decades, companies have relied on warehouse management systems (WMS) to control inventory and material handling processes within their warehouses. Historically, retail distribution centers have been built upon plans that included predetermined transportation routes that outlined the number of stores on a route, what product those stores would get and the quantity and configuration of those products. Consequently, distribution centers have had similar designs, process methodologies and IT infrastructures for years. E-commerce has changed the game, though.
FedEx to Invest €1.4Bn in Paris Airport Facility Overhaul
FedEx Express is expanding its distribution hub at Paris-Charles de Gaulle (CDG) Airport with a €200m ($217.38m) investment in technology and automation, and a €1.2bn ($1.3bn), 30-year lease. The 30-year lease underscores the long-term importance of the European Union to the company's long-term plans. Once completed, FedEx said the upgrade will increase sorting capacity by 40 percent.
3D Printer Sales to Double This Year, Analysts Say
There will be a doubling in the number of 3D printers shipped this year, according to analysts. Gartner predicts 455,772 units will ship in 2016, compared to 219,168 in 2015, as firms use the technology to create prototypes, augment manufacturing processes and produce finished goods.
IAG Cargo Announces First Route From London to Louisiana
IAG Cargo has announced its new route to New Orleans, Louisiana. Beginning March 26, 2017, the airline says it will become the only carrier to fly direct from its London Heathrow (LHR) hub to New Orleans International Airport (MSY).
Hyperloop Pioneer TU Delft Teams With DHL for California Competition
Amsterdam to Paris in 30 minutes. That's the goal of the "Delft Hyperloop" - a pod-like capsule developed by TU Delft for the rapid transportation of people and goods through tubes - the maker says. The apparatus that might make such a trip possible arrived in California aboard a DHL freighter last week to compete in the "Hyperloop Pod Competition."
Gearbulk and Grieg Star Combine Their Fleets
Gearbulk and Grieg Star have announced that they will be combining their efforts to form a single dry bulk shipping company. They say the joint venture will operate the parties' combined fleet of open hatch, semi open hatch and conventional bulk vessels.
Tesla Cars to Have Full Self-Driving Gear, But Feature Disabled for Now
Tesla Motors has announced its cars will soon come fitted with full self-driving hardware, as the company jousts with tech rivals like Google and car makers like Ford who are making a dash for the autonomous car market.
U.K., China Clear Unlimited Cargo Flights
An agreement this month to remove limits on the number of cargo flights between the United Kingdom and China is an encouraging signal that post-Brexit policy makers are serious about exploring, or expanding, trade routes outside of the Euro zone, said the U.K.'s Transport Minister Chris Grayling. In addition to unlimited cargo flights, the number of permitted passenger flights under the agreement will be raised from 40 to 100 per week.
Tear Up Your Paper: E-Invoicing Is Coming to the E.U.
News out of the European Union these days seems to be all about divisiveness and imminent economic chaos. So it's easy to overlook the latest reforms that promise to make life easier for traders doing business in the region.
Dubai Plans 700mph Tube to Transport Freight
Building on plans to use the futuristic Hyperloop tube-transport system at its operations in Dubai, ports giant DP World has invested millions in the start-up company Hyperloop One, and its chief executive has joined the Hyperloop One board.
Amazon Adding 120,000 Workers To Meet Holiday Demand
The holidays are coming, and Amazon says it plans to add 120,000 seasonal workers in an effort to meet an expected spike in demand as more and more people trade bricks for clicks. The seasonal positions will be created at fulfillment centers, sorting centers and customer service sites in 27 states. The move marks a 20 percent boost from the 100,000 seasonal hires a year ago.
Hyundai Merchant Marine Considering Hanjin Route
South Korea's Hyundai Merchant Marine said this week it may submit a preliminary bid for Hanjin Shipping assets used in Asia-to-U.S. routes - a sale that could be key to Hanjin's prospects for paying off creditors. Hanjin, which filed for court receivership on August 31 after its creditors cut off financial support for the firm, put up manpower and logistics systems, five container ships and 10 overseas businesses for sale last week.
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