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Logistics: Page 579
Hanjin Woes: Cargo Transportation Prices & the Interrupted Supply Chain
The world's seventh-largest deep sea cargo transportation carrier, Hanjin Shipping, filed for court receivership - a form of bankruptcy protection - on Aug. 31. Chaos has promptly ensued in a number of markets, and it won't end any time soon, according to Ashley Cruz, IBIS World Procurement Research Analyst.
The Painful Lessons of the Hanjin Bankruptcy
Having weathered numerous downturns in the past, major container lines might have thought they were immune from the laws of supply and demand. Now they know better.
Schneider Electric's Journey of Supply-Chain Transformation
While New Tech Reshapes Supply Chains, Facility Planning, Location to Remain Important
Rapidly emerging advancements in technology such as autonomous trucks, 3D printing and warehouse automation will foster dramatic changes in how shippers, retailers and manufacturers configure their supply chains and distribution strategies, spurring a need for different formats and locations for industrial real estate, according to a new report from CBRE Group.
'Fully Autonomous' Ocean Vessels Will Still Rely on Humans, Study Finds
Research in the design and development of fully autonomous and unmanned merchant vessels could reduce human error and provide financial savings through crew salaries and the omission of crew accommodation. However, these vessels, monitored from land, will require high-quality and reliable communication systems between the unmanned ship and shore. The communication systems are critical for safety and security and will come at a high cost.
Ocean Movement of Perishables Likely to Continue to Be Growing Market
Despite many adversities for the maritime sector over the last year, seaborne perishable reefer trade increased in 2015 -- and is forecast to grow further still in 2016. By 2020, seaborne reefer cargo will reach a staggering 120 million tonnes, increasing by an average of 2.5 percent per annum, according to the latest edition of the Reefer Shipping Market Review and Forecast 2016/17, published by global shipping consultancy Drewry.
IAG Cargo Launches New Route to Tehran
IAG Cargo has commenced service from London to Tehran, Iran.
Fortna Opens First Canadian Office in Toronto
Fortna Inc., a professional services firm specializing in distribution operations, has opened its first Canadian office, in Toronto.
Samsung Smartphone Fires Latest in Long Line of Lithium-Ion Battery Problems
The Federal Aviation Administration, citing fire hazards, has warned against using Samsung Galaxy Note 7 smartphones on aircraft. Three Australian airlines and the German carrier Lufthansa have outright banned their use onboard. But the threat of airliner fires is not limited to Samsung devices, which the company has offered to replace. And the hazard is far more than theoretical.
IMAGINiT Partners With Canadian Centre for Product Validation
IMAGINiT Technologies, the design simulation and visualization services division of Rand Worldwide, has entered into a partnership with the Canadian Centre for Product Validation (CCPV).
Allianz Group Unit Launches Inland Marine Insurance Product
Allianz Global Corporate & Specialty (AGCS), the specialist corporate insurer of Allianz Group, has launched Transportation Block 2020, a comprehensive inland marine cargo insurance product.
Study Zeroes in on Ways to Improve Health, Safety of Container Port Workers
An independent study published on Friday suggests ways to significantly improve the health, safety and welfare of workers in the global container port industry.
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