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Think Tank
Global Logistics: Page 137
Drop in Spot Rates on East-West Ocean Routes Lowest in Five Years
The World Container Index's composite index, an average of spot freight rates on 11 global East-West routes connecting Asia, Europe and the U.S., reached a record low of $701 per 40-foot container recently.
OnProcess Technology Issues Platform for Post-Sale Services
OnProcess Technology, a vendor of applications for post-sale supply-chain management and optimization, has created the OPTvision platform.
Elemica Debuts Mobile App for Shipment Visibility
Elemica, provider of a supply-chain operating network for the process industries, has introduced Elemica Track.
Cost Savings of Mega-Vessels Often Offset by Higher Port Expenses, Study Shows
Drewry, the global shipping consultancy, has carried out a simulation study of the operational and financial impacts on lines, terminal operators, ports and other supply chain stakeholders as vessel size increases up to and beyond 18,000 TEU (twenty-foot equivalent units, the standard metric used to measure a ship's cargo carrying capacity). The study results suggest that the economies of scale, that have been a key feature of the liner industry, may be running out.
Container-Weighing Rule: And You Put the Load Right On ... Who?
Just who's responsible for weighing that ocean container? After several years of thrashing out a rule to combat the problem of misdeclared weights, regulators and rulemaking bodies still can't seem to agree.
Sharks vs. Jets on the West Coast Waterfront?
Here's a question for U.S. exporters who were grievously harmed by the West Coast longshore labor slowdown in late 2014 and early 2015: Would it make you feel any better to learn that you were the victims of "a street brawl"?
Customs Automation Is Finally Happening. Really!
After years of delay, the automation of importer filings, involving multiple government agencies, is upon us. Say hello to the "Single Window."
How Roland DG Corp. Is Aiming for New Markets
What's Driving Change in Supply-Chain Planning?
Time to Step It Up, 3PL Providers!
Analyst Insight: Third-party logistics providers (3PLs) will no longer be able to squeeze the wages and benefits of their warehouse workers for cost savings. In the past, 3PLs came in with a lower hourly rate and a lower benefit package, with a mix of contract and full-time employees. The savings from this strategy, along with design improvements, workflow and systems, enabled the 3PL to present a value proposition with a lower cost for operation. - Valerie Bonebrake, SVP, Business Solutions, Tompkins
China's Domestic Supply Chain Undergoes Mighty Transformation
Analyst Insight: The demand for increased efficiency in China distribution is driving some incremental improvements in supply chain. Growth is on the rise for domestic transportation, localized supply chain IT solutions are experiencing revenue growth, and the amount of automation installed in new facilities is on the rise. Changes are also happening in real estate and there is an increase amongst importing and exporting. - Jim Serstad, Managing Director Asia, Tompkins International
Maybe Container Shipping News Isn't Quite So Bad After All?
The latest Container Shipping Forecaster from Maritime Strategies International reports "flickers of improvement" in February after an opening to the year which saw 1.3 million TEUs of capacity idle, freight rates struggling and the charter market on its knees.
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