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Think Tank
Logistics Outsourcing: Page 295
Purfresh Teams With Hyundai Merchant Marine on Reefer Service
Purfresh Inc., a developer of technology for maintaining the integrity of fresh product in transit, has joined with Hyundai Merchant Marine (HMM) to serve worldwide markets.
U.S. Supply Chain and Logistics Industry Continues Slow Rebound Led by Rail and Trucking
Total U.S. business logistics costs in 2011 rose to $1.28tr, a 6.6-percent increase from the previous year, accounting for 8.5 percent of the country's gross domestic product, according to the 23rd Annual State of Logistics Report, presented by the Council of Supply Chain Management Professionals and Penske Logistics.
Competition Seeks Entries for Best Freight Forwarders in UK
The British International Freight Association is seeking entries for its annual Freight Service Awards competition, celebrating 24 years of recognising the best in the UK freight forwarding industry.
Vessel Imports Rise Another 5.6 Percent in May
International trade data indicates that U.S. import shipment volume for May, measured in TEUs, increased 5.6 percent from April and 3.5 percent from May 2011.
Construction on Four-Story 'Green' Warehouse Nears Completion in Singapore
SDV, a global leader in supply chain, is about to complete a "green" four-story, ramp-up warehouse that is in compliance with the highest environmental standards, the company says.
Logistics Services World Takes a Hit as Jade Cargo Shuts Down
After grounding its fleet of six Boeing 747-400ERFs on Dec. 31 due to depressed demand, Jade Cargo International has officially shut down. The liquidation of the Chinese carrier - of which Shenzhen Airlines, Lufthansa Cargo and German investment firm DEG hold a 51-percent, 25-percent and 24-percent stake, respectively - comes on the heels of numerous capacity cuts in the Asia-Pacific region.
U.S. Rail on Strong Track Even as Nation's Economy Slows
U.S. rail shippers don't appear to be heeding the warnings of a national economic slowdown. Intermodal volume in May on the major U.S. railroads hit the highest level in history for that month, according to the Association of American Railroads. Intermodal traffic last month was 3.5 percent higher than the same month a year ago. Although carload volume was down 2.8 percent year-over-year in the same period, the big losses were because of slumps in the major commodities of coal and grain.
Retail Container Imports Expected to Increase 4.8 Percent in June
In international trade news, import cargo volume at the nation's major retail container ports is expected to increase 4.8 percent in June compared with the same month last year, and year-over-year increases are expected to continue into the holiday season shipping cycle, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Mojix Issues Updated Version of Passive RFID Reader
Mojix Inc. has made generally available a new version of its STAR 300 System, offering real-time tracking capabilities for supply chains.
UPS Takes to the Cloud
How Companies Are Making Smarter Decisions About Supply-Chain Outsourcing
Logistics Service Providers Tackle Market Challenges
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