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Global Logistics: Page 121

As Ocean Carriers Undergo Historic Consolidation, Shippers Could See Rates Increase

The container shipping industry is undergoing a historic wave of consolidation as carriers seek to tighten supply to offset the historical drop in pricing.

RFID Helps Greek Provider Track Freight Cars on Nation's Railway

TrainOSE, Greece's rail service provider, is employing a radio frequency identification-based solution to track freight cars. While the company is still reviewing the results since the system was taken live last year, it has already determined that the technology is reducing rental costs for cars that should be returned to third-party owners.

How Pratt & Whitney Is Doubling Jet Engine Production in Five Years

The aerospace giant Pratt & Whitney plans to double production of a new and innovative jet engine by 2020. Proper supply-chain management will play a huge role in the success of the venture.

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Lufthansa Cargo Takes Over Time:Matters; Debuts MyAirCargo Service

Lufthansa Cargo has assumed complete ownership of the time:matters Group, a specialist in global same-day delivery and time-critical international spare-parts logistics.

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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.

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Price of Container Equipment Drops - And Is Likely to Continue to Do So

Cheaper production and material costs as well as weaker demand have driven the price of new container equipment down to record lows and is forecast to fall further during 2016, according to the latest edition of the Container Census report published by global shipping consultancy Drewry.

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MHI, ITE and Messe München join forces to collocate new trade fair for transportation & logistics with MODEX in Atlanta in 2018

TQL Unveils New Version of Web-Based Portal, Mobile App

Total Quality Logistics, a truckload freight brokerage firm, has introduced a new version of TQL TRAX.

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Rates for Very Large Gas Carriers Likely to Remain Under Pressure

A wave of cargo cancellations from the U.S. is putting additional pressure on Very Large Gas Carrier rates, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.

Orbweaver Releases E-Commerce App for Electronics Manufacturers

Orbweaver Sourcing LLC, provider of applications for real-time supply-chain integration to the electronics manufacturing industry, has released Orbweaver Accelerate.

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.

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

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