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Logistics: Page 561

DHL Express Invests $185M in U.S. Growth

Shipping and logistics provider DHL Express says it's continuing an investment plan for the United States and the Americas of $185m. The investment earmarked for 2016 and 2017 is focused on infrastructure, technology and people - creating some 900 new jobs in 2016.

Ship Sales Climb to 7-Year High

Sales of second-hand ships used to haul commodities such as iron ore, coal, grain and fertilizer have hit a seven-year high in 2016 as the industry creeps out of an eight-year downturn that has sunk several fleets of shippers.

Asian Carriers Report Strong October for Cargo

Cathay Pacific and subsidiary carrier Dragonair carried a total of 172,385 tonnes of cargo and mail in October, an increase of 5.3 percent over October 2015. The carrier's load factor rose by 1.6 percentage points to 68.1 percent.

Global Parcel Shipping to Grow 20 Percent by 2018, Study Says

Parcel shipping volume will grow annually at 5 to 7 percent between now and 2018, for a total increase of 20 percent, with the biggest gains coming in cross-border shipping, according to a study from Pitney Bowes.

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Transplace Acquires Canadian 3PL Lakeside Logistics

Transplace, a provider of transportation management services and logistics technology, has announced its acquisition of Lakeside Logistics, a Canadian-based logistics services company. This acquisition expands Transplace's presence throughout North America and supports its strategic growth in order to meet the supply chain needs of its growing customer base, the company says. Terms of the transaction were not disclosed.

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Port of Philadelphia to Double Container Capacity

Governor Tom Wolf has announced a comprehensive capital investment program at the Port of Philadelphia that will result in more than $300m in investment in the Port's infrastructure, warehousing and equipment. The initiative will start next year and continue through 2020.

E-Retailers Say They Continue to Struggle With Cross-Border Demand

E-commerce has been the dominant force for change in the air cargo logistics business for the last several years, but online retailers, forwarders, carriers and integrators say they are still struggling with ways to keep up with the intense demand from international customers to deliver them the world instantly. This was the main theme of the plenary session, "Cross-border E-Commerce: Who Will Rule the Game?", at last week's Asian Logistics and Maritime Conference (ALMC) in Hong Kong.

Airbus Hopes to Deliver Up to 80 A350 Aircraft in 2017

Airbus tentatively aims to deliver as many as 80 A350 jetliners in 2017, two sources familiar with the plans have said. The target marks a new stage in ambitious plans to raise output of the company's newest long-haul jet to 10 a month in 2018, but depends mainly on how successful suppliers will be in curbing delays in cabin equipment.

Study: Third Party Logistics Will Be Worth $925Bn by 2020

The global third party logistics (3PL) market is expected to be worth $925.31bn by 2020 and will be partially driven by the outsourcing of secondary business activities, according to a new report.

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Judge Orders Striking Cargo Pilots Back to Work: 'Imagine Christmas Without Amazon!'

A federal judge last week ordered pilots for a cargo airline that delivers Amazon packages to go back to work. The judge in Cincinnati said it was in the public's interest to end the strike because holiday shoppers expect to receive their packages on time.

Pessimistic Forecasts: Stifel Logistics Confidence Index Declines Further

The Stifel Logistics Confidence Index - which measure logistics industry outlook - has reached its 14 consecutive months of negative confidence, with the numbers suggesting this will continue into 2017. As reflected by the performance of the Index, global trade remains at a low ebb, as it has for some time.

UPS Catches Up With FedEx on Dimensional Weight Change

Two months after a similar move by FedEx, UPS has announced changes to its dimensional weight pricing schedule. FedEx plans to decrease its DIM divisor from 166 to 139 as of Jan. 2, effectively increasing the shipping costs on millions of e-commerce parcels. UPS is also lowering its divisor to 139 as of Jan. 8, but is exempting domestic air and ground parcels that are less than one cubic foot (1,728 cubic inches).

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