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Logistics: Page 570
Hyundai Merchant Marine Considering Hanjin Route
South Korea's Hyundai Merchant Marine said this week it may submit a preliminary bid for Hanjin Shipping assets used in Asia-to-U.S. routes - a sale that could be key to Hanjin's prospects for paying off creditors. Hanjin, which filed for court receivership on August 31 after its creditors cut off financial support for the firm, put up manpower and logistics systems, five container ships and 10 overseas businesses for sale last week.
DB Schenker, Lufthansa Reportedly Halfway to 2020 Emissions Reduction Target
A five-year plan from Lufthansa Cargo and logistics provider DB Schenker to reduce carbon dioxide emissions is on track to meet its goal of reducing 20,000 tonnes of CO2 output by 2020, both companies say. To date, Lufthansa and Schenker have reduced their CO2 output by more than 10,000 tonnes, combined, under their joint Carbon Reduction Agreement.
Making Sense of Chaos: Logistics Embraces A.I.
There's just too much data out there for a human to make sense of. Can artificial intelligence save the day?
New Grocery Route Optimization Fulfills in 24 Hours, Lancaster Organics Reports
Lancaster Farm Fresh Organics (LFFO) has streamlined its previously manual fleet operations to help get product in and out of the warehouse and into the customer's hand in 24 hours or less, said Ben Kreider, the retailer's transportation director. LFFO uses the Descartes Route Planner.
Investments in Analytics Technology Save Time, Money on Financial Planning, Survey Says
It might not come as much of a surprise to learn that the more companies spend on analytics technology, the better the performance of their financial planning and analysis functions. What might be less intuitive is just how extreme the advantage is when using more FP&A-oriented technology, according to a survey by the Association for Finance Professionals.
Nordstrom, Costco, UPS Join Last-Mile Delivery Study in Seattle
In the heart of Amazon country, Nordstrom, Costco and UPS have joined with a team from the University of Washington in Seattle to study solutions to last-mile delivery issues in urban areas. UW's Urban Freight Lab will explore high-impact, low-cost solutions in urban areas where delivery vehicles, bicycles, cars and pedestrians all have to coexist, according to the university.
Fill-Air Flow Wants to Bring Inflatable Plastic to Small Businesses, Designer Says
Forget packing peanuts, it's all about the air cushion, says John Wolf, vice president for global sector marketing at Sealed Air and the inventor of bubble wrap. Fill-Air Flow is a device the size of a paper-towel dispenser that creates clear plastic air cushions - a cheaper, sleeker alternative to packing peanuts and the like - at a scale designed to be affordable for small businesses, Wolf says.
Drone Company Launches Healthcare Delivery Service in Rwanda
A drone service delivering blood for transfusions has been launched by the president of Rwanda. The drones are expected to make between 50 and 150 life-saving deliveries a day to remote and inaccessible clinics across the western half of the country, according to Zipline, the company behind the technology.
India's Major Ports See Container Boost, Analysis Shows
Container volumes at India's major ports increased by 6.32 percent over last year in the first half of this financial year through September, according to the Journal of Commerce. The 12 ports together handled 4.35 million TEUs in the first half, up from 4.09 million TEUs over the same time last year.
Miami International Announces Ocean-to-Air Shipment Program
Miami International Airport will soon receive perishable freight imports by sea and load it aboard international flights, according to the U.S. Department of Agriculture - making it the first airport in Florida to handle ocean-to-air transshipment. The airport announced that the shipments should start by the end of 2016.
3D Printing Could Threaten Global Companies, Study Says
Thanks to dramatic reductions in price and rapid advances in open-source development, 3D printers have gained ground at both mainstream manufacturing plants and boutique design shops. Even models priced below $1,000 can print ever faster, bigger, and at a higher quality, meaning that households may soon choose to invest in a printer and make, rather than buy, more of the products they use, researchers say.
Industrial Automation Software Accelerates DC's Shipping, Improves Accuracy, Increases Speed
Challenge: High-volume publisher was experiencing high growth, increasing demand, and a rotating, diminishing workforce. They needed to automate their manual operation to reduce reliance on labor, increase speed and earn substantial shipping discounts.
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