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Transportation & Distribution: Page 222

Group Procurement Organizations, Distributors Should Work Hand in Hand

While not as prevalent today as in the past, there has been tension between group purchasing organizations (GPOs) and distributors over the years. A good deal of the tension was the result of a misunderstanding as to the roles each plays in the supply chain. For instance, many distributors believed - and may still believe - that they are in competition with GPOs.

GE Unit Begins Converting Passenger Planes to Cargo Freighters

GE Capital Aviation Services (GECAS), the aviation leasing and financing arm of GE, is underway with its inaugural 737-800NG passenger-to-freighter conversion with Miami-based Aeronautical Engineers Inc. (AEI).

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Shipping Alliance Would Encompass 18 Percent of World's Container Fleet Capacity

German container shipping company Hapag-Lloyd has announced a new international shipping alliance which is due to start up in April 2017 for initially five years, spanning 18 percent of global container fleet capacity.

Econocaribe Rebrands as ECU Worldwide

Econocaribe, a non-vessel operating common carrier operating in the U.S., has changed its name to ECU Worldwide.

U.S. Senate Votes to Fund Infrastructure Improvements of Navigable Waterways

Last Thursday, the U.S. Senate passed the FY2017 Energy and Water Development Appropriations Bill by a wide margin of 90 to eight. It is the first appropriations legislation to pass the Senate this year, and it incorporates $6bn in funding for the Civil Works Program of the U.S. Army Corps of Engineers, the agency charged with maintenance and improvements to navigable waterways.

Freight Rates in Chemical Tanker Industry Expected to Remain Steady in Near Term

Chemical tanker shipping freight rates are expected to remain firm over the medium term, thanks to rising production capacity in key exporting countries, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.

Dropping Again in March, Spot Truckload Freight Volume 30 Percent Lower Year Over Year

Spot-market freight volume edged down 3.4 percent in April, compared to March, in a typical seasonal pattern, according to the DAT North American Freight Index.

Dry Freight Container Prices Hit Lowest Point in 14 Years

Prices for new dry freight containers declined to their lowest point since 2002 during first-quarter 2016 and are still going down, according to the latest edition of the Container Equipment Insight, published by global shipping consultancy Drewry.

Civil Engineers Warn U.S. Transportation Infrastructure Badly Needs Upgrading

America will fall $1.44tr short of what it needs to spend on infrastructure through the next decade, a gap that could strip 2.5 million jobs and $4tr of gross domestic product from the economy, a report from a society of professional engineers said on Tuesday.

Roadrunner Transportation Expands LTL Service From Vancouver, B.C.

Roadrunner Transportation Systems, Inc. has expanded its less-than-truckload (LTL) offering to include outbound service from Vancouver, B.C.

It Remains Unclear How Robust Airfreight Industry Will Be in 2016

Already well into the second quarter of 2016, uncertainties remain for how airfreight demand will develop this year.

Some Maritime Shippers Urge Industry to Set Emissions Goals Before Governments Step In

Disagreement among nations means no carbon emissions targets have been set for international shipping, but voices from within the industry are calling for global curbs to be set soon, before countries or regional blocs take matters into their own hands.

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