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Think Tank
Global Trade Management: Page 98
Ocean Cargo Rates to Continue to Drop, Industry Losses to Mount in 2016, Report Says
Further widening of the supply-demand imbalance at the trade route level and insufficient measures to reduce ship capacity will lead to an acceleration of freight rate reductions and industry-wide losses in 2016, according to the latest Container Forecaster report published by global shipping consultancy Drewry.
Rates for Ocean Cargo Continued to Sink in Last Quarter 2015
Ocean freight rates for cargo moving under contracts on the major East-West trade routes saw another reduction in the last quarter of 2015, according to Drewry's Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight rates.
Logistics Confidence Index Hits Lowest-ever Mark as Air, Sea Freight Shipments Slump
With a score of 45.4, the December edition of the Stifel Index has recorded its lowest-ever total, amidst a continued pattern of decline.
CBX Software Releases New Version of CBX Cloud
CBX Software, a vendor of sourcing-management applications for the retail industry, has released version 5.10 of CBX Cloud.
QuestaWeb's Technology Solves Complex Automation Challenges of a Dual-Purpose FTZ
Challenge: A fragrance and flavor company wanted to create one foreign trade zone in which it could perform both distribution and manufacturing functions. Due to its many product formulations - and ingredients coming from both U.S. and international sources - tracking inventory was quite complex. Some incoming ingredients were never used in manufacturing and sold in their raw state.
Historic Futures Launches Online Risk-Monitoring Tool
Historic Futures has launched String3, an online supply-chain risk-monitoring tool.
Capital Business Credit Offers Supplier Financing for Chinese New Year
Capital Business Credit LLC (CBC) is offering a Supplier Early Payment (SEP) program, to ensure the timely shipping of goods prior to Chinese New Year.
Rated Chemicals Companies in Latin America Expected to Stay Stable Even With Oil Prices Tumbling
The credit profiles of rated Latin American chemicals companies are expected to remain stable during 2016 despite low petrochemical prices.
Sight Slippage in On-Time Performance Recorded Overall in November by Container Shipping Lines
Containership reliability was broadly unchanged in November as the average on-time performance across all trades slipped by just 0.8 percentage points against October to 77.2 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.
Canadian Load Volumes Decline for the Second Consecutive Month
The TransCore Link Logistics Canadian Freight Index fell behind in November, following its traditional drop this time of year, with volumes declining eight percent compared to October. While year-over-year volumes also dropped 28 percent, this is compared to historic highs set throughout 2014.
When Your Supplier Becomes Your Competitor
How would you like to spend substantial amounts of time and money on establishing an overseas supplier to manufacture your product - only to see that partner start competing against you with its own brand?
Chinese Yards Help Iran Build Its Merchant Marine Fleet
Iran's Islamic Republic of Iran Shipping Lines (IRISL) has announced plans to order new 18,000 TEU (Triple-E type) container vessels from Chinese yards, according to Iran's Press TV.
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