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Global Logistics: Page 280

In This Supply Chain, Lives Hang in the Balance

So often our discussions about supply chain center on arcane details and limited stakes. Production delayed? Get ready to pay more for expedited transportation. Lost a supplier? Might mean empty shelves at the supermarket. Life goes on.

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U.S. Airfreight Industry Stagnating, Study Suggests

The U.S. airfreight market generated revenues of $28bn in 2011, a 7.4 percent, year-over-year, increase. Although a seemingly positive development, this figure is on par with the revenues the industry recorded in the 2000-2001 financial year. Such statistics show that the U.S. - despite the domination of integrators FedEx and UPS - isn't immune to the sluggishness affecting the global airfreight market, a new study conducted by Air Cargo Management Group asserted.

In This Supply Chain, Lives Hang in the Balance

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On-Time Performance of Container Shipping Lines Slips in August

There was a sharp decline in container carrier on-time performance in August, according to liner performance data released by SeaIntel Maritime Analysis.

C.H. Robinson Buys Freight Forwarder Phoenix International

C.H. Robinson Worldwide has agreed to purchase freight-forwarding rival Phoenix International Inc. for $635m in cash and stock options. C.H. Robinson expects the deal, which is slated to close in the fourth quarter of 2012, will modestly add to earnings per share in the first year, while boosting C.H. Robinson's international freight forwarding activities.

Air China Cargo Inaugurates Freighter Flights to Schiphol

Air China Cargo has begun scheduled freighter flights from China to Amsterdam Airport Schiphol.

DB Schenker Logistics Opens Office in Sochi, Russia

DB Schenker Logistics has opened an office in Sochi, Russia, host city of the 2014 Winter Olympic and Paralympic Games.

Glum About the Economy, FedEx Cuts Its Outlook

FedEx Corp. says the global economy is worsening and it's cutting its forecast for the fiscal year ending in May.

Rising Export Volumes Spur Inland Port Development Across the U.S.

The growth of U.S. exports, especially to countries such as China, has put a spotlight on the need for strategic inland ports across the United States, according to Jones Lang LaSalle. Inland ports, which traditionally focus on moving and handling imports, are also facilitating the effective movement of goods outside the U.S.

Global Seaport Terminal Operators Remain Dynamic, Report Finds

Drewry Maritime Research's latest Annual Review of Global Container Terminal Operators report shows that whilst some things have remained the same, others have changed significantly with more change to come.

APL Logistics Debuts Racks for Moving Finished Vehicles

APL Logistics has introduced AutoDirect, a service that uses flexible, secure racks to transport finished vehicles from door to door.

Synchronet Intermodal Extends Street-Turn Guide to BCOs and NVOs

Synchronet Intermodal Services Inc. (SIS) has expanded its North American street-turn service to include both beneficial cargo owners (BCOs) and non-vessel operating common carriers (NVOs).

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