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Global Logistics: Page 125

GS1 Approves New Standard for Retail Product Identification

GS1 has collaborated with retail industry leaders on development and approval of the Global Trade Item Number (GTIN) Management Standard.

Thoma Bravo Wraps Up Acquisition of Elemica

Thoma Bravo LLC, a private equity investment firm, has completed its acquisition of Elemica, provider of a supply-chain operating network for the process industries.

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Airfreight Industry Continues to Record Dismal Figures

Echoing the mid-year reports from several other aviation groups, Airports Council International (ACI) said air cargo tonnage was flat for the first five months of 2016, rising just 0.6 percent in May, year-over-year, and 0.2 percent, y-o-y, over the period of January to May 2015. Passenger traffic, however, was a different story, increasing by 4.6 percent, y-o-y in May.

Trans-Pacific Trade May See 18,000-TEU Vessels One Day

Big 18,000-TEU vessels may be coming to U.S. ports after all.

Implementing New Ocean Container Weight Rule Went 'Fairly Smoothly'

Forget playing the blame game, the fraught implementation of container weighing rules came down to the fact that the container shipping industry has no single trusted information source.

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FedEx First to Get Right to Conduct U.S.-Cuba Cargo Flights

As the thaw continues between the United States and Cuba, the U.S. Department of Transportation has granted FedEx the rights to operate a five-times-weekly freighter service between Miami and the city of Matanzas.

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Is Dry Bulk Shipping Headed for a Breakdown?

For those in dry bulk shipping, the market since the beginning of 2014 has been the worst downturn since the mid-eighties. Access to finance and liquidity will likely continue to be a pressing corporate issue for ship owners until the markets recover, and the longer this takes the worse the situation will get.

Progistics Launches EDemand App for Last-Mile Delivery

Progistics Distribution, a provider of "last-mile" distribution and logistics services, has launched eDemand, a web application that provides businesses with same-day and on-demand delivery within a 200-mile radius of major metropolitan areas served by Progistics.

Operators of Bulk Terminals Form Trade Association

The Association of Bulk Terminal Operators (ABTO) has been established to provide a voice for bulk terminal operators at a national and international level.

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Prospects for Next 12 Months Leave Airfreight Industry Execs Glum

Air cargo executives are notably less optimistic about their economic prospects for the year ahead, compared to the same time last year, according to IATA's July 2016 Business Confidence Index.

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Airbus Lowers Its Estimate of Number of Freighters Needed Over Next 20 Years

Airbus has drastically drawn down the number of dedicated freighters it anticipates being in service 20 years hence, according to its recently released "Global Market Forecast, 2016-2035." The disparity is remarkable, both in terms of number of aircraft and the shift in the market that it signals over the next two decades.

Imports Pick Up as Back-to-School Shopping Nears

Import cargo volume at the nation's major retail container ports should see a small-but-significant increase this month as merchants stock up for the back-to-school season, then see a larger wave in late summer and fall for the holiday shopping season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

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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

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

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