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Logistics: Page 581
Grimaldi Group Launches Intermodal Link With Venice, Lübeck
Grimaldi Group has signed an agreement with the Venice Port Authority and Lübeck Port Authority for creation of an intermodal connection via the ports of Venice and Lübeck, to connect points in Sweden, Finland and Russia with southern Italy and Greece.
Walmart Acquisition of Jet.com Lesson for Distributors Competing Against Amazon
In August, Walmart announced that it would acquire Jet.com for $3.3bn. The merger may put Walmart in a better position to go up against e-tailing behemoth Amazon, and possibly even strengthen the former's footing in the business-to-business e-commerce space in the future.
Support Grows to Include Ocean Shipping Emissions in EU CO2-Control Initiative
A proposal to include emissions from shipping in the European Union's 2030 emissions reduction target through the E.U. emissions trading system (ETS) has gained cross-party support among members of the E.U. parliament.
Ocean Container Rate Increases on East-West Trades 'Disguise' Industry's 'Fundamental Weakness'
The recent increase in container freight rates on major east-west trades is no more than a flimsy disguise for the "fundamental weakness" of the ocean shipping industry, according to ocean freight rate benchmarking and market intelligence provider Xeneta.
August's Class 8 Truck Orders Down 35 Percent Year Over Year
FTR data shows that preliminary Class 8 net orders for August stood at 14,000 units, slightly above expectations and a 36 percent improvement over July. However, the Class 8 order activity for August was the weakest for that month since 2010 and down 35 percent from August 2015. Class 8 orders for the last twelve months have totaled 206,000 units.
Acquisition of APC Logistics Expands C.H. Robinson's Clout in Asia Pacific
C.H. Robinson has entered into a definitive agreement to acquire APC Logistics, a provider of freight forwarding and customs brokerage services in Australia and New Zealand. The two companies have had a long-standing exclusive agent relationship for business in Australia and New Zealand. The agreement is subject to certain customary closing conditions, including regulatory approval.
Inchcape Shipping Service Opens Office in Amsterdam
Inchcape Shipping Services has opened an office in Amsterdam, its second in the Netherlands.
Optel Vision Issues Update of Site Server Software
Optel Vision, a provider of inspection and serialization systems for the global pharmaceutical industry, has released version 2.0 of its Open SiteMaster site server software.
Offshore Maintenance Market Expected to Bounce Back from Oil Price Decline
Forecasts call for a steady recovery from the recent oil price downturn in the offshore maintenance market with spending expected to improve significantly between 2017 and 2021.
Lufthansa Cargo Debuts Online Offering for Standard Shipments
Lufthansa Cargo has created an online offering for standard air cargo.
Logility Acquires Integration Systems Developer AdapChain
Logility Inc., a provider of supply-chain optimization and retail-planning applications, has acquired AdapChain.
Where Are All the Holiday Season Imports?
This summer, dockworkers, truckers and railroads geared up for a surge of retail goods passing through U.S. ports that hasn't occurred. Imports are flat at major seaports on both coasts heading into peak shipping season, the stretch in late summer and early fall when retailers usually load up on imported toys, clothing and other merchandise to sell to holiday shoppers. If the trend holds, it will be the second year in a row without a traditional peak.
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