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Think Tank
Global Logistics: Page 120
Lufthansa Cargo Debuts Online Offering for Standard Shipments
Lufthansa Cargo has created an online offering for standard air cargo.
Where Are All the Holiday Season Imports?
This summer, dockworkers, truckers and railroads geared up for a surge of retail goods passing through U.S. ports that hasn't occurred. Imports are flat at major seaports on both coasts heading into peak shipping season, the stretch in late summer and early fall when retailers usually load up on imported toys, clothing and other merchandise to sell to holiday shoppers. If the trend holds, it will be the second year in a row without a traditional peak.
UPS to Begin Series of Rate Increases Sept. 19, 2016
Effective Dec. 26, 2016, the UPS U.S. ground service daily rate will increase by an average net 4.9 percent. Daily rates for UPS U.S. air and international services will increase an average net 4.9 percent. UPS airfreight rates within and between the U.S., Canada and Puerto Rico, will increase an average net 4.9 percent, also effective Dec. 26, 2016. Further, UPS Freight announced an average net 4.9 percent general rate increase effective Sept. 19, 2016.
Freightos Enhances Air Cargo Rate Database with WebCargoNet Acquisition
Freightos, looking for an edge in the crowded field of tech-driven shipping start-ups, is buying a database of air cargo rates to fill a gap in its new online marketplace.
Complying With China's Mandate to Spray Ships for Zika Mosquitoes Stings U.S. Exporters
China's recent move to add the U.S. to a list of Zika-infected countries is worrying U.S. exporters, who fear they will be required to fumigate all containers destined for Chinese ports. The cost to fumigate a container ranges from between $100 and $200.
Hanjin Collapse Sends Shock Waves Globally - and Spot Rates Soaring
Spot container freight rates on the major routes from Asia soared by up to 42 percent following the collapse of Hanjin Shipping, data from the World Container Index reveals.
Hanjin Shipping Sails Toward Biggest Ocean Line Bankruptcy Ever
Hanjin Shipping has elected to file for court receivership, the first step towards what will be the largest container line bankruptcy in history - six times larger than the collapse of United States Lines three decades ago, the previous record holder.
Reefer, Tank Sectors Only Bright Spots in Global Leases of Container Equipment
Following markedly slow growth of just 3.5 percent in 2015 due to decreased rental demand, the global leased container equipment operating fleet is forecast to increase by little more than 1 percent in 2016, according to the latest edition of the Container Leasing Industry Annual Report 2016, published by global shipping consultancy Drewry.
IAG Cargo Upgrades European Freight Operation
IAG Cargo has begun two new short-haul freight services. It has launched service between Madrid and Amsterdam, to enable easier access for shipments between Amsterdam and Latin America.
APL Logistics Inks New Joint Venture in Oman
APL Logistics Ltd. has entered into a joint venture with Arab Global Logistics LLC in Oman.
Crowley Launches Container Service Between Jacksonville, Costa Rica
Crowley Maritime Corp. has launched a weekly, fixed-day container-shipping service between Jacksonville, Fla. and Costa Rica.
GE Issues Data Historian for Industrial Internet Connectivity
GE Digital has made available version 7.0 of Historian, an application that connects industrial equipment from the control layer to cloud environments, natively integrated with GE's Predix platform.
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