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Logistics: Page 666
Freight Brokering Industry Flourishes as Bond Renewal Period Approaches
Thousands of brokers are currently in active search for the best freight broker bond renewal deal on the market. The reason for the shopping spree is that renewed freight broker bonds are an indispensable requirement to stay compliant and licensed for the new season.
Tanker Market Growing, But Earnings Expected to Decline
The product tanker market has enjoyed healthy returns in recent years on the back of structural changes taking place in trading patterns. However, impending fleet growth is expected to reduce the sector's earnings over the medium term, according to the Product Tanker Market Annual Report 2015 published by global shipping consultancy Drewry.
Advances in Autonomous Vehicle Technology Drive Burgeoning Market
Some 85 million autonomous-capable vehicles are expected to be sold annually around the world by 2035, according to Navigant Research.
Manufacturers, Are You Getting Your Distributor's Full Attention?
As a manufacturer, if you make up less than 10 percent of your distributors' product mix, you are not getting the attention of management or, more importantly, sales representatives.
Emirates Heads Annual List of Top Carriers of Airfreight
For the second straight year, Dubai-based Emirates reigned as the champions of scheduled international airfreight tonnage, with 2.29 million tonnes carried on the main decks of its freighters and in the belly holds of its vast passenger fleet, according to Air Cargo World's annual Top 50 Air Cargo Carriers.
Gigantic Container Ships Enter Into Lloyd's Classification System
Lloyd's Register is classing the world's largest-ever container ships – led by a recent contract to oversee the building of six ultra-large container ships of more than 20,000 TEUs.
Electric-drive Manufacturer Enhances Productivity, Lowers Inventory with RFID Tech
Bosch Rexroth, a manufacturer of electric drives and controls, has boosted productivity and reduced the volume of inventory it must keep onsite by integrating radio frequency identification technology at its assembly line in Homburg, Germany.
Effective Inventory Management in Bulk Distribution
It doesn't matter if the cost of supply is at an all-time high or fluctuating wildly, the impact of excess inventory and inefficient operations can be crippling to cash flow in bulk distribution.
Kenco Implements FDA Validated System to Deliver 50% Productivity Improvement
Challenge: A pharmaceutical customer's growing order volumes and regulatory compliance needs prompted Kenco to reevaluate the customer's technology solution.
Kenco Reduces Freight Costs 49% with Postponement Packaging
Challenge: A kitchen and bath manufacturer was experiencing reduced trailer cube capacity due to the large packaging requirements of its product line. The customer wanted to increase cube capacity to reduce freight expenses.
Beverage Producer Improves Carrier Performance and Customer Satisfaction
Challenge: This leading producer of spirits and wine lacked visibility of its ocean shipments and carrier performance levels. The company relied on each partner's individual tracking system, a process made more difficult as exports and revenues grew.
Sales, Prices of Used Class 8 Trucks Continue to Rise
Used Class 8 truck metrics were generally in line from June to July, with average age and miles up an incremental 1 percent each. Compared to last year, average prices were up 2 percent in July and 6 percent year to date, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.
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