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Think Tank
Transportation & Distribution: Page 270
Increase in Airfreight Volume Is Good News for Freight Forwarders
The Stifel Logistics Confidence Index released in May reports the airfreight index increased 2.5 points to 59.5 in May, 3.8 points higher than May 2014 and 10.6 points more than May 2013. This should be good news for air forwarders as they move through the year.
Newmine Issues Returns Assessment Program
Newmine, a global consulting firm focusing on the omnichannel retail sector, has developed the Customer Returns Assessment Program (RAP).
The Age of 'Click-and-Collect' Lockers for Home Delivery
Automated locker technology is becoming a key aspect of the "click-and-collect" trend in e-commerce retailing. Kent Savage, chief executive officer with Apex Supply Chain Technologies, explains why the concept's time has come.
IAG Cargo Adds Route from Heathrow to Kuala Lumpur
IAG Cargo has opened a new airfreight route between London Heathrow and Kuala Lumpur.
Matson Wraps Up Acquisition of Horizon Lines
Matson Inc. has completed its acquisition of Horizon Lines Inc.
The Industrial Internet of Things Grows in Importance - Not Least in Transportation, Logistics
In the business world, seldom do you find widespread agreement on any topic. However, everyone seems to know that the Internet of Things is important and getting more so - especially in the ways that organizations handle transportation and logistics.
Empowered Consumers Change the Future of Retail, Survey Says
Avid online shoppers have raised the bar on what it takes for a retailer to stay competitive. Consumers want advanced mobile features, flexible shipping options and hassle-free returns, according to the fourth annual UPS Pulse of the Online Shopper study.
Bulk Chemical Production Expected to Fuel Industrial Energy Consumption Increases for Next 25 Years
The U.S. Energy Information Administration's annual energy outlook - which was released earlier this spring - anticipated that the industrial sector's energy demand would outpace all other sectors through 2040, and a just-released EIA report projected that bulk chemicals would account for a "large portion of both consumption and anticipated growth," with the value of chemical shipments increasing from $288bn in 2013 to $429bn in 2025.
Tanker Operators Tie Their Prosperity to Decreased Shale Oil Production, Boost in Oil Imports
How much U.S. shale oil production is taken out of service will be a key driver of future tanker shipping earnings, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry.
MercuryGate Launches Multimodal Global Freight Rate Index
MercuryGate International Inc., a provider of cloud-based transportation-management system (TMS) software, has launched RateFriend, a freight index providing global rate data for road, air, ocean, rail and intermodal transportation.
SeaLand Adds North Atlantic Express to Latin America Service
SeaLand, an arm of the Maersk Group providing intra-Americas ocean carriage, has added the North Atlantic Express (NAE) service to its north-south network.
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