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Think Tank
Global Logistics: Page 248
Kuehne & Nagel Expands Operations in Oman, Myanmar
Kuehne & Nagel, the global provider of logistics services, has set up a new joint venture company in the Sultanate of Oman.
How The Right Insurance Can Help Protect Your Supply Chain
On March 11, 2011, a tsunami off the coast of Japan caused human tragedy on a massive scale, killing thousands and rendering more than half a million homeless. The tsunami also wreaked havoc on business supply chains worldwide. Toyota and Honda experienced a 30-percent and 60-percent decline in profit, respectively, which both attributed to production lags caused by limited supplies of parts after the tsunami. The tsunami caused an estimated $40bn in economic losses due to interruptions in global supply chains.
Inttra Offering Shippers Access to Marine Cargo Insurance
Inttra, a global, multi-carrier shipping network for ocean freight, is now offering its shipper members access to cargo insurance from Lloyd's of London broker FP Marine Risks.
The Critical Challenges of High-Tech Supply Chains
Perry Santia, senior vice president of Genpact, provides the "big picture" of how high-tech supply chains are coping with the challenges of serving customers today.
Expanding Panama Canal Will Downsize Number of U.S. Air Cargo Hubs, Report Finds
An expanded Panama Canal will result in a smaller number of North American air cargo centers, according to the recently released North American Port Analysis by commercial real estate firm Colliers International. The report, titled "CapEx or Capsize," says air cargo's role in global trade will be defined by the tug-of-war between energy/infrastructure costs and e-commerce growth in the first post-Panamax decade, from 2015 through 2025.
China Expands Footprint in Port Operations in South Asia
By recently taking charge of the Gwadar port in Pakistan, China has increased its presence in Southern Asia's port sector, much to the concern of the Indian Government.
Penske Logistics Upgrades Data Center in Ohio
Penske Logistics has upgraded its data center, which is now located a few miles away from its previous site in Beachwood, Ohio.
DHL Express Adds Widebodies, Enhances Asia-U.S. and Intra-Asia Services
DHL Express has made a number of enhancements to its services between Asia and the U.S., and within Asia.
Maersk Invests In Biomass Research, Seeking Alternative Fuel Source
Maersk has announced an investment into biomass research in a bis to reduce its bunker fuel consumption. According to the company, which has an annual fuel bill of $7bn, there has been no prior research into the possibility of using biomass in the shipping industry.
Ocean Container Operators 'Struggle' with Weak Demand
Managing month-to-month changes to services and schedules is now a constant battle for container operators as they strive to keep the spot market from imploding in the current weak demand environment, according to Drewry's latest Container Forecaster report.
Railroads Said to Be Prepared for Increased Business Brought on by Panama Canal Expansion
Freight railroads are positioning themselves to meet future transportation demands in this country, including those related directly and indirectly to the expansion of the Panama Canal, Edward R. Hamberger, Association of American Railroads (AAR) president and CEO, told the Senate Committee on Commerce, Science, and Transportation.
March Madness? U.S. Imports Drop 15 Percent in One Month - Biggest Dip Since 2009
U.S. import shipment volume for March, measured in TEUs, decreased by 15 percent from February and by 12.5 percent from March of 2012. While February imports were unusually high, March imports were unusually low. In fact, imports for the month of March have not been this low since 2009.
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