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Transportation & Distribution: Page 247

European Demand for Liquefied Natural Gas Won't Pump Up Shipping Freight Rates, Study Says

LNG shipping freight rates continue to be under pressure from weak Asian demand and a growing fleet. Shipowners are now pinning hopes on a revival in European demand. However, European LNG demand growth will not be sufficient to raise freight rates, according to the newly launched LNG Forecaster report published by global shipping consultancy Drewry.

Natural Gas 2

What If Yard Management Systems Operated Like Video Games?

If your yard management system were like a video game, you would open the gaming window and see orders ready-to-ship, as they are located in the yard. Each stack in the yard is color-coded by filters you select. Green means ready to ship. Yellow is pending. Red represents tomorrow's orders. A click on any illustration opens the content details in a sidebar.

Inventory Planning 3

Most Piracy in Malacca Strait Labeled as Fake Insurance Claims

A fleet commander in the Indonesian Navy has said that about 90 percent of piracy cases in the Malacca Strait area turn out to be bogus claims related to insurance fraud or business competition.

E-commerce Continues to Change Logistics, Warehousing Landscape, Study Says

E-commerce has already transformed the world of warehousing and logistics, and according to Colliers International Group Inc., everything indicates that this process will continue.

Study 4 01

Conversion of Passenger Aircraft to Cargo Carriers Continues Apace

U.S.-based lessor and asset manager Aviation Capital Group placed a firm order for fifteen 737-800 passenger-to-freighter conversions with Aeronautical Engineers Inc (AEI), with options for fifteen additional conversions. The announcement was made at the Cargo Facts Aircraft Symposium in Miami.

Walmart Seeks Government OK to Begin Using Drones in Home Deliveries, Warehouse Monitoring

Walmart has been privately testing drones inside facilities and is now seeking permission from federal regulators to test them outdoors for various uses, including home delivery.

Air Cargo Supply Chain Said Out of Step with Needed Technology

IATA's global head of cargo, Glyn Hughes, said the logistics business is not keeping up with technology - a sentiment that's been expressed before, but one he said cannot be emphasized enough. Hughes also called for more communication across the airfreight supply chain.

Odyssey Logistics Debuts Service for Metals Industry

Odyssey Logistics & Technology Corp. has launched an international logistics service for the metals industry.

Ocean Shipping Overcapacity Continues, Confidence in Airfreight Market Still on Decline

The Stifel Logistics Confidence Index fell into a fifth consecutive month of decline in October. Significantly, the index has now fallen beneath the neutral 50 point mark for the first time since January 2013, with confidence in both the sea freight and airfreight markets plummeting. The Logistics Situation for airfreight was especially bad, declining by 3.2 points to 45.7. The same trends that influenced last month's decline are persisting, with weak emerging market growth, China's financial crisis, and the Chinese shift towards domestic consumption all influencing the trajectory of the index.

Old Dominion Freight Line Teams With Mallory Alexander

Old Dominion Freight Line Inc. has entered into a strategic alliance with Mallory Alexander International Logistics LLC for ocean freight-forwarding services.

All Logistics 05

Given Global Overcapacity, Chinese Province Orders Huge Cutback in Ship Building

Severe shipyard overcapacity in China has prompted the National Development and Report Commission's Jiangsu province to cancel work on 23 projects. The projects included construction of new docks, offshore vessels, facility conversion projects and additional expansions.

China 3 02

American Airlines Cargo Adds Global Leasing Option

American Airlines Cargo has developed a new leasing program for the temperature-controlled unit load device known as CSafe Global RKN. The high-tech units are capable of maintaining a temperature of four to 25 degrees Celsius through long flights and extended hold times.

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