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Logistics Outsourcing: Page 84

Container Shipping Market Is Unpredictable, But Prices Are Climbing, Xeneta Reports

An in-depth analysis of Q3 container shipping costs revealed positive trends for the container carrier segment, according to Xeneta, a market intelligence company for containerized ocean freight. However, the market remains unpredictable, with the 'Hanjin Effect' ebbing away, Xeneta says.

South Korean Government to Fund Shipbuilding

South Korea's finance minister has announced the government plans to support orders of 250 or more vessels by 2020 to help local shipbuilders. The government plans to establish a state-backed ship financing company with an initial capital of 1 trillion won ($871.73m) to help improve the financial health of Korean shipping companies.

Stifel Logistics Confidence Index Reaches 13 Consecutive Months of Negative Outlook

The Stifel Logistics Confidence Index - which measure logistics industry outlook - remained below the neutral mark in October at 49.4, but once more noted a slight improvement against the previous month, according to global logistics researcher Transport Intelligence. In a sign that the bankruptcy of Hanjin Shipping has had little overall effect upon the container shipping industry, the October Sea Freight Confidence Index remained unchanged from September, at 49.0 points.

Jettainer, Lufthansa Developing 'Digital' Containers to Increase Transparency

Logistics company Jettainer and IT specialists at Lufthansa Industry Solutions are working to develop a digital container that can "measure temperature changes, shocks and other external factors independently and provide information about its state," according to the Lufthansa Group. Jettainer is a wholly owned subsidiary of Lufthansa Cargo AG.

Uber's Self-Driving Truck Makes First Commercial Delivery

The futurists of Silicon Valley may not have seen this one coming: The first commercial delivery made by a self-driving truck was 2,000 cases of Budweiser beer. Last week, Otto, the Uber-owned self-driving vehicle operation, announced the completion of its first commercial delivery, having delivered its beer load from Fort Collins, Colo., to Colorado Springs, a roughly 120-mile trip on Interstate 25.

Hanjin to Halt E.U. Routes, Operations This Month

Hanjin Shipping's European routes services have completely halted, the company said last week, and a Seoul court overseeing its receivership process has approved winding down four of its European units.

Amazon Limiting Fulfillment Networks to Existing Merchants Ahead of Holiday Season

In an attempt to deal with potential network capacity issues this holiday season, Amazon is limiting the use of Fulfillment by Amazon (FBA) warehouses and services to existing sellers between now and Dec. 19, the company confirmed. This means new sellers would have difficulty using FBA to fulfill last-minute Christmas orders.

Large Apparel Retailers, Wholesalers See Rise in RFID Adoption, ROI

The rate of adoption for radio frequency identification in the retail apparel, footwear and accessories market has more than doubled during the past two years, according to a survey of 60 European and U.S. retailers and wholesalers, conducted by management and strategy consulting firm Kurt Salmon.

FedEx to Invest €1.4Bn in Paris Airport Facility Overhaul

FedEx Express is expanding its distribution hub at Paris-Charles de Gaulle (CDG) Airport with a €200m ($217.38m) investment in technology and automation, and a €1.2bn ($1.3bn), 30-year lease. The 30-year lease underscores the long-term importance of the European Union to the company's long-term plans. Once completed, FedEx said the upgrade will increase sorting capacity by 40 percent.

3D Printer Sales to Double This Year, Analysts Say

There will be a doubling in the number of 3D printers shipped this year, according to analysts. Gartner predicts 455,772 units will ship in 2016, compared to 219,168 in 2015, as firms use the technology to create prototypes, augment manufacturing processes and produce finished goods.

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Yield Savings and Enhance Control of High-Volume Fulfillment Operations

Challenge: A large automotive manufacturer with a complex matrix of products, carriers and customer preferences often found themselves limited to a single carrier for LTL shipments because they did not have an expedient way to source the most economical carrier, which would also satisfy their customers' specific requirements. The client needed a flexible shipping solution that would accommodate all types of shipments within a single system.

Data Sharing Between Commuters and City Government May Be Growing Trend

Digital mapping company Esri has announced a partnership with crowdsourcing traffic app maker Waze to help city governments and drivers communicate more efficiently about traffic conditions, including construction delays and accidents. By using Esri ArcGIS (geographic information system) software to connect to a new Waze connected citizens program, cities can share data about the conditions of their roads with drivers, while drivers can anonymously report accidents, potholes and other road condition information.

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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