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Think Tank
Transportation & Distribution: Page 454
Mergers & Acquisitions in Logistics
U-Ship and the Transportation Marketplace
LeanCor's Supply Chain Group Expands to the Chinese Market
The Supply Chain Group of third-party logistics provider LeanCor is expanding operations to the Chinese market. The unit will launch logistics services, training and education efforts to support the logistics, infrastructure and academic needs of Chinese and American companies.
Ban on Night-Time Flights at Least Partly to Blame for Slide in Cargo Volume at Frankfurt Airport
Cargo volumes dropped steadily at Frankfurt Airport during the first half of 2012, Fraport Group traffic figures show. In addition to recording a 9.9-percent, year-over-year, drop in domestic freight volumes, the airport saw an overall tonnage stall of 9 percent from the first six months of 2011. The declines were "strengthened" by the night-flight ban imposed last fall.
Frito-Lay to Use Even More Electric Vehicles in Its California Delivery Operations
Frito-Lay plans to put 45 more electric delivery trucks on California roads in the coming months, bringing its fleet of such vehicles in the state to 105 by the end of the year.
Accenture Acquires Octagon Research Solutions, Life Sciences Specialist
The business consultancy Accenture has agreed to acquire Octagon Research Solutions Inc., a provider of clinical and regulatory information-management services and software to the pharmaceutical industry.
The Pros and Cons of Hedging Ocean Freight Rates
Over the last five years, the word "hedge" has become something of a dirty word. Think hedge funds - those massive, unregulated accumulations of capital that played a key role in bringing about the Great Recession. The idea of protecting oneself against adverse economic conditions seemed sound, but it quickly mutated into a bewildering flurry of transactions that ended up creating more risk than they were designed to mitigate. What's more, the original concept behind hedge funds became watered down to the point that many today aren't really "hedging" against anything. They're simply a means for investors to park their money with a trusted fund manager who might or might not repay that trust in the form of steady returns - all with minimal regulatory oversight.
Mobile Technology Helps Brokers Track Shipments
By leveraging truck drivers' cell phone connectivity and location-based applications, Open Mile claims to have become the first freight brokerage to provide accurate and precise information on a truck's location at every point from pickup to delivery. CEO Evan Schumacher says this capability gives shippers a level of confidence in service reliability that previously has been absent from the brokerage industry.
CMA CGM Adding Two Brazilian Ports to South American Service
The CMA CGM Group is upgrading its weekly, fixed-day Brazil Express (Brazex) container service, with the introduction of two new Brazilian ports, Manaus and Salvador de Bahia, to the rotation.
The Pros and Cons of Hedging Ocean Freight Rates
U.S. Domestic Intermodal Growth Slows, But International Moves Rise
U.S. domestic intermodal growth slackened slightly as the economy slowed in the second quarter, but the transport of international containers on the rails has its healthiest showing in the period since 2008, according to the Intermodal Association of North America.
World's Container Fleet Continues to Grow, Report Finds
The world's container equipment fleet grew by 8.5 percent during 2011, taking the global fleet to 31.25 million TEUs, compared to a 7-percent growth in 2010, according to Container Census 2012 - Survey and Forecast of Global Container Units, analysis from Drewry Maritime Research.
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