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Logistics: Page 557
Retailer Asos Boosts U.K. Sourcing After Pound's Brexit Fall
Asos Plc, Britain's largest online-only fashion retailer, plans to double its U.K. manufacturing as the pound's post-Brexit plunge makes domestic production more affordable.
Europe's Big Airlines Are Nowhere Near as Profitable as U.S. Rivals, Data Show
On the surface, the European airline industry doesn't look much changed from 20 years ago: National flag carriers such as Air France, British Airways, Iberia, KLM and Lufthansa dominate a handful of giant hub airports. Dig a bit deeper, and you'll see that the market has shifted in a big way. Over the past decade or so, 10 legacy airlines across the region have combined into three huge groups, a consolidation that makes the market look a lot like the U.S.
Retail: Transportation, Tech & Other Trends
Shipping Authority to Test Onboard IoT Marine Equipment
This year, a number of Danish organizations will be running a pilot Internet of Things project to test the collection of real-time data from equipment onboard ships. The Aalborg-based company GateHouse is behind the pilot project, and a number of other companies including the shipowner Uni-Tankers, Logimatic and the Danish Maritime Authority will contribute to the testing of the new technology.
Brands and Shippers Sign Agreement to Join Forces Against Counterfeiters
Shippers and brand owners have joined forces to sign a declaration aimed at preventing the transport of counterfeit goods. The declaration acknowledges the "destructive impact" of counterfeits on international trade and calls on the maritime industry to address it through zero tolerance, strict supply chain controls and other due diligence checks
The Growing Pressure on Supply Chains to Eradicate Slavery and Human Trafficking
Laws and regulations to eliminate human-rights violations in global supply chains are multiplying. But companies shouldn't consider their current lack of "teeth" as a license to ignore them.
10 Signs It's Time to Automate Your Warehouse With WMS
Warehouses and distribution centers are dynamic environments where many different challenges arise. Sometimes those challenges go beyond the normal issues to become overwhelming, and start to impact the performance of the business. A Warehouse Management System (WMS) can help a business with many of these challenges, yet many smaller and medium-sized businesses hesitate to move from a manual paper-based approach to even a rudimentary WMS, based on fears about cost and disruption.
Industrial Real Estate Set to Break Records in 2017, Economists Say
Low interest rates, healthy consumer spending and strong e-commerce are forming good conditions for industrial and logistics real estate growth in 2017, says JLL, an investment management firm that offers real estate services. Potential investment in infrastructure and continued company expansion are also expected to fuel demand for warehouses and distribution centers despite global economic uncertainty.
Sri Lanka and China to Develop Southern Port
Sri Lanka will take part in a joint venture with China Merchants Port Holdings Company Limited to develop a port in its south, where China has also been offered an investment zone.
Miami Airport Announces New Freighter Services, Plans to Double Cargo Capacity
As it continues infrastructure upgrades, Miami International Airport (MIA) has announced further growth in its freighter service with the addition of two weekly roundtrip flights on a triangular route between MIA, Mexico City and Mérida via AeroUnion.
IDC Predicts Half of Worldwide Supply Chains Will Use AI by 2020
IDC Manufacturing Insights has published its "IDC FutureScape: Worldwide Supply Chain 2017 Predictions," report to offer the 10 predictions that provide the framework for IT and line-of-business (LOB) decision makers' and influencers' planning and execution of technology-related initiatives in the year ahead.
GE Aviation, Lufthansa Technik Starting MRO Venture
GE Aviation and Lufthansa Technik AG have chosen a site in southwestern Poland for their joint-venture maintenance, repair, and overhaul (MRO) center, to service GEnx-2B and GE9X engines. The reported $267m development, to be in operation by September 2018, will be known as XEOS, and will employ 500 at full capability.
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