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Think Tank
Transportation Management: Page 200
Top Companies to Boost Predictive Analytics Technology Spending
Most high-performing companies will manage their business processes using real-time predictive analytics or "extreme collaboration" by 2016.
CargoSphere Unveils Update of Global Rate Network
CargoSphere, a cloud-based network for global freight-rate management for the ocean and air logistics industries, has developed version 4.0 of its CargoSphere Rate Network (CRN).
China Denies Status of World's Largest Trader
China has a new status its government doesn't want - world's biggest trader. Trade data from both governments indicate China passed the United States last year in total imports and exports by a margin of $3.86tr to $3.8tr. That is about $44bn, or just over one percent of China's total.
Global Supply Chain Management Requires Knowing What - and When - to Outsource
Analyst Insight: The worldwide logistics market has experienced a growth rate of approximately 7 percent annually, which is notable given logistics costs average about 12 percent of total revenues globally. Of this total, an average of 46 percent is spent through outsourced relationships, which drove total spend in North America alone to $134bn in 2011. Given this growth and the increasing complexities of global trade, selecting the appropriate services to outsource and structure mutually beneficial relationships with logistics providers is critical. - Aaron Pernat, Senior Manager, and Gary Allen, Executive Director, both in Ernst & Young's Supply Chain Advisory Practice
Ingram Micro Forms Mobility Business Unit
Ingram Micro Inc., a distributor of high-tech products and provider of information-technology services for supply-chain and logistics, has created a new business unit.
CEVA Opens Logistics Center in United States
CEVA Logistics has opened a logistics center in Jacksonville, Fla., where services will include solutions design and engineering, managed transportation, global supply chain solutions, transportation procurement, and rail fueling.
China Takes Control of Pakistan Port from Singapore
China has assumed control of a strategic Pakistani port on the Arabian Sea, as part of a drive to secure energy and maritime routes that also gives it a potential naval base, sparking Indian concern. The Pakistani cabinet approved the transfer of Gwadar, currently a commercial failure cut off from the national road network, from Singapore's PSA International to the state-owned China company on January 30.
ATA Truck Index Posts Best January in History
The American Trucking Associations' advanced seasonally adjusted for-hire truck tonnage index increased 2.9 percent in January after jumping 2.4 percent in December. Tonnage has surged at least 2.4 percent every month since November, gaining a total of 9.1 percent over that period. As a result, the SA index equaled 125.2 (2000=100) in January versus 121.7 in December. January's index was the highest on record. Compared with January 2012, the SA index was up a robust 6.5 percent the best year-over-year result since December 2011.
TNT Express Opens New Center in Romania
TNT Express has opened a new hub near Romania's third largest airport, Traian Vuia International Airport, in Timisoara. TNT Romania said its new Timisoara Centre was built to provide operational and technological support specifically for high-performance express services.
Fleet Behavior Tracking Systems Released
A U.S. firm has announced the addition of a driver behavior feature set to its fleet tracking system. The technology aims to help fleet operators identify drivers who are compromising safety and fuel efficiency by their behavior behind the wheel.
Four Indonesian Airports to Adopt New Airfreight Security
Four of the busiest airports in the country will get tightened cargo security this year to enhance screening of dangerous items, a move that raises concerns from business people who say the extra measure will make the current "slow" service even less efficient.
SAP Announces Plans to Acquire Inventory-Optimization Vendor SmartOps
SAP AG is acquiring SmartOps, the vendor of software for inventory and service-level optimization.
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