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Logistics: Page 553
Canada, U.S. Auto Industries Co-Ordinating on Trump Response
Automakers and parts manufacturers on both sides of the Canada-U.S. border are meeting state and provincial governments to co-ordinate a response to President Donald Trump as he pushes far-reaching changes to a trade deal that's crucial to the industry, the head of Canada's biggest autoparts maker said.
UPS Acquires U.K. Truck Brokerage Firm Freightex
UPS says it has acquired British firm Freightex to gain entry into the European truck brokerage market - coming eight months after FedEx closed its acquisition of Netherlands-based TNT Express.
Airfreight Prices Fell in December, Despite Strong 2016 Closeout
Despite a strong finish of 2016 at airports, and reports of high volumes through December, airfreight rates fell $0.21, year-over-year, to $3.14 per kilogram in the month, according to Drewry's latest East West Airfreight Price Index report.
Economists: Making Products in the U.S. Won't Be Cheaper
President Trump met with business leaders last week to present a plan for keeping jobs in the United States. He offered a carrot - a dramatic cut in taxes and regulations - as well as a stick - a substantial tax on companies that decide to send their factories offshore.
FreightorGator Announces Free Linear Footage Calculator Tool
To help shippers avoid extra fees and charges due to the "linear foot rule," FreightorGator, a Kansas City-based less-than-truckload (LTL) freight exchange, has released a free linear footage calculator tool on the company's website.
More Piracy Near Philippines Forces Ships To Change Routes
A surge in piracy to the west of the Philippines is forcing shipowners to divert vessels through other waters, increasing costs and extending the time it takes to transport goods such as Australian iron ore to key Asian destinations, according to Reuters.
Semi-Autonomous Robot Deliveries To Roll Out In U.S.
For cargo firms seeking a low-cost last-mile delivery system, a new semi-autonomous robot, launched by Starship Technologies, will soon begin running deliveries for restaurants through Postmates and DoorDash services.
Hyperloop Cargo Transit Could Be Coming Soon To European Cities
A U.S. startup pursuing Elon Musk's vision for near-supersonic rail transport announced an agreement on a feasibility study for a hyperloop system connecting two European cities.
Container Shipping Market Uncertain For 2017, Analysts Say
Although rates have risen from the historic lows of early 2016, uncertainty for the global container shipping market in 2017 will be uncertain, according to Xeneta, a company that provides market intelligence platform for containerized ocean freight.
Shoppers Looking More Closely At Product Origins, Survey Says
Home goods and apparel manufacturers: Consumers are voicing their concerns, according to the results of a cotton survey conducted by Harris Poll. With a new president focused on protecting products born in the U.S., consumers may be looking more closely at product origins, and could demand greater transparency.
Drewry: Yang Ming Is Most 'Debt-Burdened' Container Line
Drewry Financial Research said last week that after the collapse of Hanjin Shipping last fall, Taiwanese carrier Yang Ming has taken pole position as the most debt-burdened container line in the industry.
DHL Launches Virtual Freight Marketplace CILLOX
DHL has announced the market launch of CILLOX, the online platform that matches full truck load (FTL) and less-than-truckload (LTL) shipments with available transportation providers.
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