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Think Tank
Global Logistics: Page 143
With End of Holiday Shopping Season, Normal Level of U.S. Retail Imports Expected by April
With the holiday season over, import cargo volume at the nation's major retail container ports is expected to slowly decline through the first quarter of the year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Could Thailand Become Major Logistics Hub in Southeast Asia?
Despite its history of political unrest and military juntas, the nation of Thailand is emerging as a major Southeast Asian logistics hub that could be worth nearly $100bn in revenue over the next few years, according to a December 2015 study released by worldwide consultants Frost & Sullivan.
Freight Regulation and Profitability: Can We Strike a Balance?
Want to get a sense of how new federal regulations will affect transportation tomorrow? Look at California today.
Collaboration Between Procurement, Logistics Not Practiced at Many Companies, Study Shows
While there has been much talk over the past 10 years or so about "collaboration," much of it has been focused on external supply chain collaboration. It seems that many companies neglected to get their own houses in order before looking outside their own supply chains, according to a University of Tennessee report entitled Bending the Chain: The Surprising Challenge of Integrating Purchasing and Logistics.
MSC Among Latest Western Companies to Resume Business With Iran
European shipping and offshore interests are pursuing business in Iran with news this week that MSC Mediterranean Shipping Company has resumed vessel operations to Iran, after services were suspended in 2012 in response to trade sanctions.
Ocean Cargo Rates to Continue to Drop, Industry Losses to Mount in 2016, Report Says
Further widening of the supply-demand imbalance at the trade route level and insufficient measures to reduce ship capacity will lead to an acceleration of freight rate reductions and industry-wide losses in 2016, according to the latest Container Forecaster report published by global shipping consultancy Drewry.
Rates for Ocean Cargo Continued to Sink in Last Quarter 2015
Ocean freight rates for cargo moving under contracts on the major East-West trade routes saw another reduction in the last quarter of 2015, according to Drewry's Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight rates.
CMA CGM Launches New Med Gulf Ecuador Service
CMA CGM has launched a Med Gulf Ecuador (MGE) service, offering a direct connection between the Mediterranean Sea, Caribbean, Gulf of Mexico, Colombia and Ecuador.
ALOM Opens Hong Kong Hub for Asia-Pacific Business
ALOM, a provider of supply-chain management services to Fortune 100 companies in the technology, automotive, medical, telecommunications, utility and energy sectors, has opened a new Asia-Pacific headquarters in Hong Kong.
Hacis Opens Seventh Cargo Depot for E-Commerce in China
Hong Kong Air Cargo Industry Services (Hacis), the logistics arm of Hong Kong air-cargo handler Hactl, has opened a new inland cargo depot in southern Guangzhou, its seventh in mainland China.
Logistics Confidence Index Hits Lowest-ever Mark as Air, Sea Freight Shipments Slump
With a score of 45.4, the December edition of the Stifel Index has recorded its lowest-ever total, amidst a continued pattern of decline.
British Freight Forwarders Expected to Continue to See Major Challenges in 2016
The British International Freight Association (BIFA), the trade association for UK freight forwarders, says that 2016 will see its members continuing to face numerous challenges, with some the result of legislative changes and government policy, rather than economic issues.
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