Logistics | SupplyChainBrain

Logistics: Page 170

China-U.S. Average Container Leasing Rates Up Threefold Since November

An industry expert from a Californian freight forwarding company said they anticipate organizations will have to deal with equipment shortages due to vessels being rerouted away from the Red Sea.

Ismailia, Egypt. Photo: iStock.com/vale_t

Accenture Agrees to Acquisition of Insight Sourcing

Accenture will absorb roughly 220 consultants from Insight Sourcing and gain access to the company's portfolio of more than 40 technology procurement tools.

Mississauga, Ontario, Canada - July 14, 2019: Accenture building in Mississauga, Ontario, Canada, a professional company provides services in strategy, consulting, digital, technology and operations.

Rideshare, App-Based Delivery Drivers Striking in the U.K. and the U.S.

Uber and Lyft drivers are holding daylong strikes in Chicago, Philadelphia, Pittsburgh, Miami, Orlando, Austin, Newark and several other cities.

Photo: iStock.com/Sundry Photography

APAC Air Freight Market Subdued, Shipping Continues to Struggle, Report Says

Dimerco said that ocean shippers in the APAC region should anticipate rates to increase for vessels going to the U.S. and Europe.

Photo: iStock.com/NicoElNino

Oracle Unveils New Supply Chain Logistics Tools

The company said that these updates to Oracle Transportation Management and Oracle Global Trade Management will help customers increase visibility, reduce costs and automate regulatory compliances.

The outside of Oracle Corporation's corporate headquarters located in Silicon Valley. Photo: iStock.com/Sundry Photography

DHL Investing $200M in U.S. Life Sciences and Healthcare Expansion

DHL plans on opening five more warehouse facilities in the U.S. by the end of 2024 to meet its customers' life sciences and healthcare needs.

Chorleywood, U.K. Photo: iStock.com/Jaroslaw Kilian

Start-Up CDL 1000 Acquiring Competitor Next Trucking

CDL 1000 founder Andrew Sobko said that this acquisition, as well as the company’s purchase of Hickory Transportation Services in November, will allow the organization to expand its services nationwide.

Photo: iStock.com/krausphoto

IATA's World Cargo Symposium Focuses on Driving Sustainable and Inclusive Growth

Air cargo is an unsung hero of the global economy. In normal times, it delivers some 35% of the value of goods traded across borders. In the pandemic, air cargo brought medical supplies and vaccines to where they were needed. And today it is providing a vital transport alternative for some products as Red Sea shipping lanes face geopolitical uncertainty. In 2023 air cargo closed the year at near pre-pandemic performance levels. In this context, global air cargo leaders are set to convene in Hong Kong (SAR), China, from March 12 to 14, for the International Air Transport Association's (IATA) World Cargo Symposium (WCS).

The Red Sea Crisis Could Disrupt the U.K.’s Tea Supply

The British Retail Consortium said that it had noticed a “temporary disruption” to some black tea lines, while an industry source suggested that some flavored lines had been delayed.

Photo: iStock.com/Upyanose

Diamondback, Endeavor Merge in $26B Deal Amidst Rush for Drilling Land

Diamondback Energy agreed to acquire Endeavor Energy Resources, creating a new entity with a market value of roughly $50 billion.

Photo: iStock.com/Guven Polat

QatarEnergy Picks Nakilat to Own and Operate up to 25 Newbuild LNG Ships

The carriers, each with a capacity of 45.96 million gallons, will be wholly owned by Nakilat and chartered out to affiliates of QatarEnergy.

An LNG carrier vessel. Photo: iStock / nikkytok

Audi India Says Red Sea Crisis Impacting Automotive Supply Chains

Balbir Singh Dhillon, the head of Audi India, said that the Red Sea situation is impacting the German carmaker’s deliveries to customers in India.

Photo: iStock.com/PRASANNAPiX

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