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Logistics: Page 669
Walmart Teams With Group Dedicated to Promoting Reshoring of U.S. Manufacturers
The Reshoring Initiative recently announced a program in partnership with Walmart to help companies manufacture more consumer products in the United States.
Why Hands-Free Phones Aren't the Answer to Driver Safety
All those nifty new communications devices installed in modern-day vehicles promise to make commercial trucking more efficient than ever before. And more dangerous, too.
On-time Performance of Container Lines Drops in Three East-West Trades
Breaking a run of six consecutive months of improvement, container service reliability across the three main East-West trades declined in July, falling by 4.0 percentage points from June to 73.3 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.
Port Logistics Group Opens Operations in Savannah
Port Logistics Group, a provider of gateway logistics services, has opened operations in Savannah, Ga.
Integration Point Adds Asia-Pacific Office in Malaysia
Integration Point, a provider of software for global trade management, has expanded its presence in the Asia-Pacific region with the opening of an office in Kuala Lumpur, Malaysia.
Rates Tumble as Spot Load Availability Rises
Van and reefer load availability increased for the third consecutive time, for the week ending Aug. 15, but so did the availability of equipment, contributing to lower national average spot market rates for van, refrigerated and flatbed loads, according to DAT Solutions, which operates the DAT network of load boards.
Freight Rates in Ocean Transport of Liquefied Natural Gas Come Under Pressure
LNG carrier freight rates have come under severe pressure due to rising fleet supply and stabilising LNG demand, as Japan prepares to restart its nuclear power plants. Despite the general market belief that new LNG supply from Australian projects will provide ample employment to the growing fleet, there are immediate challenges on freight rates. This is due to 49 million tonnes per annum (mtpa) of Australian LNG cargo supply expected to hit the market over the next two years, according to the newly launched LNG Forecaster report published by global shipping consultancy Drewry.
Epicor Launches India Technology Center in Bengaluru
Epicor Software Corp. has launched an India Technology Center in Bengaluru.
Over Next Two Years, Growth in Crude Oil Tanker Capacity to Affect Rates
A surge in crude tanker vessel capacity over the next two years will lead to a fall in ship-owner earnings from current highs, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry.
Norwegian Truck-Body Manufacturer Offers Trailers Equipped with RFID Technology
Bussbygg, a truck-body maker based in Norway, says one of its customers is using two RFID-enabled refrigerated trailers in an ongoing trial, and finds that the technology shortens the delivery of goods by 30 minutes per stop, while preventing errors.
Kane Is Able Sues Volvo Over Natural-Gas Tractor That Caught Fire
A little over one year after purchasing seven new Volvo compressed natural-gas tractors, Kane Is Able Inc., a national, third-party logistics company, has filed a lawsuit in U.S. District Court for the Middle District of Pennsylvania, asserting that Volvo breached its warranties in connection with one of the seven units, which caught fire on Interstate 81 in early January 2015.
Hermes Expands Parcel Business in Russia Through Acquisition
Hermes, operator of a parcel shop network in Europe, has strengthened its presence in Russia through acquisition of the 49-percent share in Hermes-DPD Russia that was previously held by DPD.
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