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Transportation & Distribution: Page 203

Retail Group Wants U.S. Government to Help Solve Problems in Wake of Hanjin Bankruptcy

The recent bankruptcy of South Korean ocean carrier Hanjin Shipping is causing "widespread disruptions" to supply chains across the country, according to the National Retail Federation, which wants the U.S. government to step in.

Freightos Acquires Air-Cargo Rate Manager WebCargoNet

Freightos, an online freight marketplace, has acquired WebCargoNet, an air-cargo rate-management provider.

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DHL Opens New Service Center in Seattle

DHL has expanded operations in Seattle with the opening of a new service center.

Market for Pallets in European Logistics Expected to Grow 5 Percent Through 2020

The pallet market in Europe is expected to grow at a CAGR of more than 5 percent during the forecast period of 2016 through 2020, according to Technavio.

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Driverless Transport? Don't Take Your Hands Off the Wheel Just Yet

Jitendra Malik, a researcher in computer vision for three decades, doesn't own a Tesla, but he has advice for people who do. "Knowing what I know about computer vision, I wouldn't take my hands off the steering wheel," he said.

Global Marine Underwriting Premiums Down 10.5 Percent Last Year

Global marine underwriting premiums last year amounted to $29.9bn, a 10.5 percent reduction on the 2014 figure, according to annual statistical report from IUMI, the International Union of Marine Insurance.

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AA Cargo Launches New Service From L.A. to Hong Kong

American Airlines Cargo has launched a daily nonstop service between Los Angeles International Airport (LAX) and Hong Kong.

Hanjin Woes: Cargo Transportation Prices & the Interrupted Supply Chain

The world's seventh-largest deep sea cargo transportation carrier, Hanjin Shipping, filed for court receivership - a form of bankruptcy protection - on Aug. 31. Chaos has promptly ensued in a number of markets, and it won't end any time soon, according to Ashley Cruz, IBIS World Procurement Research Analyst.

The Painful Lessons of the Hanjin Bankruptcy

Having weathered numerous downturns in the past, major container lines might have thought they were immune from the laws of supply and demand. Now they know better.

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While New Tech Reshapes Supply Chains, Facility Planning, Location to Remain Important

Rapidly emerging advancements in technology such as autonomous trucks, 3D printing and warehouse automation will foster dramatic changes in how shippers, retailers and manufacturers configure their supply chains and distribution strategies, spurring a need for different formats and locations for industrial real estate, according to a new report from CBRE Group.

'Fully Autonomous' Ocean Vessels Will Still Rely on Humans, Study Finds

Research in the design and development of fully autonomous and unmanned merchant vessels could reduce human error and provide financial savings through crew salaries and the omission of crew accommodation. However, these vessels, monitored from land, will require high-quality and reliable communication systems between the unmanned ship and shore. The communication systems are critical for safety and security and will come at a high cost.

Ocean Movement of Perishables Likely to Continue to Be Growing Market

Despite many adversities for the maritime sector over the last year, seaborne perishable reefer trade increased in 2015 -- and is forecast to grow further still in 2016. By 2020, seaborne reefer cargo will reach a staggering 120 million tonnes, increasing by an average of 2.5 percent per annum, according to the latest edition of the Reefer Shipping Market Review and Forecast 2016/17, published by global shipping consultancy Drewry.

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