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Logistics: Page 568
Hanjin to Halt E.U. Routes, Operations This Month
Hanjin Shipping's European routes services have completely halted, the company said last week, and a Seoul court overseeing its receivership process has approved winding down four of its European units.
Walmart and JD.com Are Launching Three E-commerce Initiatives in China
Three months after entering into a partnership to expand online shopping options for Chinese consumers, Walmart and JD.com have announced three new ways for customers to access Walmart products from around the world. The efforts, which are part of the original strategy announced in June, are officially launching during the run up to Singles Day on November 11. They aim to improve logistics and supply chain functions, cross-border e-commerce and online-to-offline e-commerce services for consumers across the country, the companies say.
Total Truck Volumes Will Grow Despite Pipelines Gaining Market Share, Trucking Group Says
Growth in both overall freight volumes and in the amount of goods moved by truck is expected to continue far into the future, according to the American Trucking Associations. Between 2016 and 2027, overall freight tonnage will grow a total of 35 percent, according to the group. Over that same timeframe, the amount of freight moved by trucks will grow slightly less at 27 percent.
Amazon Limiting Fulfillment Networks to Existing Merchants Ahead of Holiday Season
In an attempt to deal with potential network capacity issues this holiday season, Amazon is limiting the use of Fulfillment by Amazon (FBA) warehouses and services to existing sellers between now and Dec. 19, the company confirmed. This means new sellers would have difficulty using FBA to fulfill last-minute Christmas orders.
Airline Earnings Reports Point to Uncertain Growth Trajectory in U.S. Cargo
Of the three major American carriers to publish third-quarter results so far, only Alaska Airlines Cargo saw its cargo revenues increase, up 3 percent, year-over-year, to $31m - a fraction of its growing passenger revenue, according to earnings reports. Meanwhile, United registered a 4.7 percent decline in revenues, y-o-y, to $224m and, as previously reported, Delta continued its losing streak into the quarter, with revenues falling 15 percent, y-o-y, to $167m.
Russia Adds Deepwater Port to 15-Year Transport Strategy
A new deepwater port is planned for Arkhangelsk in the north of European Russia, according to Northern Shipping Company Arkhangelsk, a Russian shipping company. The new deepwater hub will be suitable for year-round handling of large capacity vessels and will be situated 55 kilometers (34 miles) north from Arkhangelsk near Mudyug Island, in the northern part of the Sukhoye Morje Bay, says NSC Arkhangelsk.
Large Apparel Retailers, Wholesalers See Rise in RFID Adoption, ROI
The rate of adoption for radio frequency identification in the retail apparel, footwear and accessories market has more than doubled during the past two years, according to a survey of 60 European and U.S. retailers and wholesalers, conducted by management and strategy consulting firm Kurt Salmon.
5 Tips for Moving Beyond the Traditional Warehouse Management System
For decades, companies have relied on warehouse management systems (WMS) to control inventory and material handling processes within their warehouses. Historically, retail distribution centers have been built upon plans that included predetermined transportation routes that outlined the number of stores on a route, what product those stores would get and the quantity and configuration of those products. Consequently, distribution centers have had similar designs, process methodologies and IT infrastructures for years. E-commerce has changed the game, though.
FedEx to Invest €1.4Bn in Paris Airport Facility Overhaul
FedEx Express is expanding its distribution hub at Paris-Charles de Gaulle (CDG) Airport with a €200m ($217.38m) investment in technology and automation, and a €1.2bn ($1.3bn), 30-year lease. The 30-year lease underscores the long-term importance of the European Union to the company's long-term plans. Once completed, FedEx said the upgrade will increase sorting capacity by 40 percent.
3D Printer Sales to Double This Year, Analysts Say
There will be a doubling in the number of 3D printers shipped this year, according to analysts. Gartner predicts 455,772 units will ship in 2016, compared to 219,168 in 2015, as firms use the technology to create prototypes, augment manufacturing processes and produce finished goods.
IAG Cargo Announces First Route From London to Louisiana
IAG Cargo has announced its new route to New Orleans, Louisiana. Beginning March 26, 2017, the airline says it will become the only carrier to fly direct from its London Heathrow (LHR) hub to New Orleans International Airport (MSY).
Reebok's Liquid Factory Could Change Process and Speed of Footwear Creation
A new generation of footwear manufacturing, spearheaded by Bill McInnis, head of future at Reebok and a former NASA engineer, is allowing the fitness brand to design and create a high performance athletic shoe faster and more efficiently than ever before, the company says.
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