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Think Tank
Global Logistics: Page 148
Businesses, Including Trucking Companies, Urged to Increase Cyber-security
The rapid evolution and growth of internet-connected "smart" devices and systems - from phones and tablets to commercial truck telematics networks - is exposing businesses and consumers alike to a higher risk of cyber-attack, one that small businesses may not prepared to meet, according to a new survey.
October Sees Spot Freight Rates Dip Seasonally
Spot market freight volume declined 9.7 percent in October, in a common seasonal pattern, according to the DAT North American Freight Index. Although volume fell below same-month levels of the past five years, total volume for the year to-date has exceeded the same period for every year prior to an atypical 2014.
As Feds Drag Feet, States Pick Up Tab to Dredge Harbors in Preparation for Bigger Ships
Tired of waiting for Congress, states racing to deepen seaports before the opening of the enlarged Panama Canal next year are picking up the cost of what has traditionally been a federal duty.
Ports Experience 'Dramatic Difference' From Last Year as Holiday Merchandise Comes Ashore
Import cargo volume at the nation's major retail container ports is expected to increase 8.3 percent this month over the same time last year as consumers begin their holiday shopping, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Novigo Launches Asia-Pacific Operations in Australia
Novigo, a provider of consulting services for SAP supply-chain execution applications, is launching Asia-Pacific operations, with Brisbane, Australia serving as its regional headquarters.
Nixing of Keystone Pipeline Could Be Boon for Railroad Transport
President Obama's decision to reject the Keystone XL pipeline could come with a heavy side of tank cars. Canadian energy companies need about a dozen crude-laden trains each day to replace the volume of oil that could have been transported through KXL.
Kuehne & Nagel Opens Office in Dominican Republic
Kuehne & Nagel International AG has opened its first office in Santo Domingo, Dominican Republic.
CaroTrans Expands China-U.S. LCL Import Network
CaroTrans, a non-vessel operating common carrier and ocean freight consolidator, has launched 11 new, direct less-than-containerload (LCL) import services between China and the U.S.
Sedex Launches Platform for Ethical, Sustainable Sourcing
Sedex, a provider of services to aid buyers and suppliers in fashioning responsible and ethical supply chains, has launched Sedex Advance, a new sourcing platform.
Most Costs to Operate Ocean Vessels Expected to Rise Through 2016, Consultancy Say
Vessel operating costs are expected to rise in both 2015 and 2016, according to the latest survey by international accountant and shipping consultant Moore Stephens. Crew wages, repairs and maintenance, and drydocking are the cost categories likely to increase most significantly over that period.
Modest Profit Growth Predicted for European Road Freight Market
The European road freight market grew by 2.9 percent in 2014, but markets there have distinctly different dynamics in both supply and demand, which means no single, cohesive European road freight market exists.
European Demand for Liquefied Natural Gas Won't Pump Up Shipping Freight Rates, Study Says
LNG shipping freight rates continue to be under pressure from weak Asian demand and a growing fleet. Shipowners are now pinning hopes on a revival in European demand. However, European LNG demand growth will not be sufficient to raise freight rates, according to the newly launched LNG Forecaster report published by global shipping consultancy Drewry.
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