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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.

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.

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Technology Revolutionizes How Farmers Boost Production

New technologies are making food production more efficient and more environmentally sound. In fact, farmers are using everything from crop modeling tools to drones to generate higher yields.

Jump Technologies Unveils App for Receiving and Tracking Package

Jump Technologies Inc., a vendor of cloud-based mobile software for inventory management in hospitals, has released InnerTrack.

Emerging Nations May Slow Growth in Global Airfreight Market

Even as North America is getting up to speed economically, a cyclical slowdown in emerging markets is squelching the prospects for significant advances in the global airfreight market, according to the Airports Council International half-year report. The council also predicted limited global growth for the remainder of 2015. Airfreight volume worldwide grew in June at 2.1 percent, year-over-year, with domestic traffic increasing 4.8 percent, yet international freight volume only increased 0.9 percent.

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Geodis Acquires OHL, to Rebrand U.S. Logistics Company

French logistics giant Geodis says it is acquiring OHL, the U.S-based third-party logistics services provider formerly known as Osburn-Hessey Logistics for an undisclosed amount.

Project44 Offers Dynamic Pricing Technology to Freight Industry

Project44 has introduced dynamic pricing technology to the freight industry, via a pricing engine application programming interface (API) which allows carriers to provide on-demand pricing based on supply and demand in the marketplace.

The 5 Cs of Outsourcing Concerns and How to Address Them

Like many of their larger competitors, today's mid-market companies are beginning to focus on expanding their footprint. The economy is strengthening in a number of areas and based on recent indicators, confidence is increasing as well. One of the challenges, however, is that while the basic fundamentals of responsible business growth haven't changed, the landscape for technology and supply chain solutions has shifted remarkably since the manufacturing sector downturn in 2008-2009.

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Lack of Inventory Sharing Creates Customer Dissatisfaction, Reduced Customer Loyalty

At the heart of everything omnichannel is inventory. The customer needs to be able to get the merchandise they want, when they want it, and through their channel of choice. There has to be inventory visibility across channels, so stores, warehouses and distribution centers can see real-time inventory levels as part of the order fulfillment process. And finally, in order to actually fulfill orders in a timely and efficient manner, inventory needs to be shared across channels.

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Mobile Payments Not Catching On? Just Give Them Time.

Smartphones have yet to displace cash or credit cards at the retail point of sale. But give them time.

NFC Labeling Solution Targets Chemical, Pharmaceutical Companies

Flexstr8, a smart-label start-up based in El Segundo, Calif., has released a near field communication-enabled labeling solution for on-demand printing of labels that link NFC readers to data about the labeled products.

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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Moving Robots Site-to-Site