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Transportation & Distribution: Page 184

UPS Ranked Most Valuable Logistics Brand in 2017

Once again, UPS has seized the top position by a long-shot, with a brand value of $22bn, according to Brand Finance, a U.K.-based valuation and strategy consultant that appraises the brand values of the world's leading logistics companies.

Somali Pirates Hijack First Commercial Ship Since 2012

Pirates have hijacked an oil tanker with eight Sri Lankan crew on board, Somali authorities said last week, the first time a commercial ship has been seized in the region since 2012.

How Shippers Can Protect Themselves Against Another Carrier Bankruptcy

Should shippers and ocean carriers have seen the bankruptcy of Hanjin Shipping Co. Ltd. coming?

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Hiring Pace Picks Up in Trucking Sector

Trucking fleets stepped up hiring at the fastest pace in five years in February, adding 10,600 jobs in a display of confidence as companies across U.S. industries ramped up payrolls.

Retailers Move Forward With Returned Goods Strategies

Analyst Insight: By understanding the true costs and potential benefits from improving their reverse logistics processes, retailers are developing strategies to recover as much value as possible from their returned goods. - Matt Ennis, vice president of business development and client solutions, Yusen Logistics (Americas) Inc.

How Safe Are Drones? Dummies Are Finding Out

Hank sat impassively on a Virginia Tech athletic field, ready to take it on the chin for the future of drone commerce.

Improving Global Supply Chain Efficiency Calls for Industry Involvement

Analyst Insight: U.S. shippers have had ample reasons to be frustrated with the international supply chain in recent years. The industry has incurred multiple disruptions and increasing operating complexity that is likely to get worse before it gets better - unless we change the way we approach these challenges. – Adriene Bailey, chief strategy officer, Yusen Logistics (Americas) Inc.

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How Container Shipping Is Evolving in Asia's Changing Economies

The viability of the international container ship transportation industry depends on vibrant trade between distant nations, and that trade depends on cost-competitive manufacturing industries in the exporting nations, mainly China.

Transforming Logistics: Don't Fall Behind on These Trends

Analyst Insight: The findings from the 25th Annual Trends and Issues in Transportation and Logistics suggest that three complex supply chain elements - transportation, technology, and organizational structure - have companies waiting before committing to transformation changes in these areas. However, waiting too long to make a decision will result in a competitive disadvantage that will be difficult to overcome in a global economy. Understanding the interplay and interconnectedness of the three elements is essential in determining the path forward. – Mary Collins Holcomb, SCM professor, University of Tennessee, and Karl Manrodt, logistics and SCM professor, Georgia College and State University

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Grocery Heavyweights Expand Delivery Services

Big food retailers are expanding grocery delivery services, hoping to dissuade customers from defecting to online rivals.

Calming the Bubble in Deep-Sea Cargo Markets

Analyst Insight: Slow post-recessionary recovery has fostered uncertainty in many markets, but few have felt the effects as strongly as deep sea cargo transportation. The market's emblem - an ancient, laboring ship that is slow to adapt to obstacles in its path - has become an apt metaphor for the market itself. Financial risk, absent demand and volatile inputs indicate that container shippers may be caught in a bubble - one that IBISWorld anticipates will burst by 2020 unless shippers change course. – Ashley Cruz, research analyst, IBISWorld Inc.

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Omni-Mode Transportation Integration Is Key Tool for Profitable Fulfillment

Analyst Insight: In 2016, Amazon subsidized the cost of shipping to their customers by about $7bn, setting a very high bar for customer expectations of cheap or free shipping with rapid delivery. Most competitors don't have the same options as Amazon to buy market share this way, putting enormous pressure on them to squeeze every penny out of fulfillment and transportation costs (as well as to differentiate in other dimensions). Omni-mode integration is one tool that can help companies lower shipping costs to effectively compete. – Bill McBeath, chief research officer, ChainLink Research

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

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