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Transportation Management: Page 118

Modest Profit Growth Predicted for European Road Freight Market

The European road freight market grew by 2.9 percent in 2014, but markets there have distinctly different dynamics in both supply and demand, which means no single, cohesive European road freight market exists.

European Demand for Liquefied Natural Gas Won't Pump Up Shipping Freight Rates, Study Says

LNG shipping freight rates continue to be under pressure from weak Asian demand and a growing fleet. Shipowners are now pinning hopes on a revival in European demand. However, European LNG demand growth will not be sufficient to raise freight rates, according to the newly launched LNG Forecaster report published by global shipping consultancy Drewry.

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Conversion of Passenger Aircraft to Cargo Carriers Continues Apace

U.S.-based lessor and asset manager Aviation Capital Group placed a firm order for fifteen 737-800 passenger-to-freighter conversions with Aeronautical Engineers Inc (AEI), with options for fifteen additional conversions. The announcement was made at the Cargo Facts Aircraft Symposium in Miami.

Walmart Seeks Government OK to Begin Using Drones in Home Deliveries, Warehouse Monitoring

Walmart has been privately testing drones inside facilities and is now seeking permission from federal regulators to test them outdoors for various uses, including home delivery.

Air Cargo Supply Chain Said Out of Step with Needed Technology

IATA's global head of cargo, Glyn Hughes, said the logistics business is not keeping up with technology - a sentiment that's been expressed before, but one he said cannot be emphasized enough. Hughes also called for more communication across the airfreight supply chain.

Odyssey Logistics Debuts Service for Metals Industry

Odyssey Logistics & Technology Corp. has launched an international logistics service for the metals industry.

Old Dominion Freight Line Teams With Mallory Alexander

Old Dominion Freight Line Inc. has entered into a strategic alliance with Mallory Alexander International Logistics LLC for ocean freight-forwarding services.

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Once Sanctions Cash Rolls In, Iran Plans to Beef Up Its Maritime Fleet

With U.S.-led sanctions expected to be lifted soon as part of July's nuclear deal, Iran has unveiled a $120bn fleet expansion campaign.

Cheaper Diesel Causes Sales of Natural-Gas-Powered Trucks to Decline

NG powered Class 8 truck and bus sales continue, but at a slower pace compared to 2014, as well as when calculated as a percentage of the total market, according to a report from ACT Research. The "Natural Gas Quarterly" attributes the rapidly declining cost of diesel with making the return on investment for adoption of natural gas less lucrative.

Revolution Taking Place in Parcel Industry

A true stampede for parcel technology and services is going on in the transportation market. And it's not just consumer omnichannel but the B2B markets that are increasingly on-demand to support any business contingency.

Container Lines Show Marked Improvement in On-time Performance in Three Main East-West Trades

Container service reliability across the three main East-West trades reached a new data series high in September, rising by 6.5 percentage points over August to the new record of 79.9 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.

CPG Supply Chain Leaders Focus on Transportation, Network Redesign, Report Says

The most pressing concerns for consumer packaged goods companies today are transportation and network redesign - priorities that just two years ago barely registered on their radar, according to a report by The Boston Consulting Group and the Grocery Manufacturers Association.

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

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