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Transportation Management: Page 80

Stifel Logistics Confidence Index Reaches 13 Consecutive Months of Negative Outlook

The Stifel Logistics Confidence Index - which measure logistics industry outlook - remained below the neutral mark in October at 49.4, but once more noted a slight improvement against the previous month, according to global logistics researcher Transport Intelligence. In a sign that the bankruptcy of Hanjin Shipping has had little overall effect upon the container shipping industry, the October Sea Freight Confidence Index remained unchanged from September, at 49.0 points.

UPS 747-8F Order May Resuscitate Boeing's Program

Just when the industry thought the sun might be setting on Boeing's workhorse jet, the aviation giant announced a firm order for fourteen 747-8Fs, plus options for up to 14 more, from express giant UPS. The announcement is being seen as a possible game-changer for the jumbo freighter, which, until last week, had only had enough orders in the pipeline to continue production through 2019, according to estimates.

Jettainer, Lufthansa Developing 'Digital' Containers to Increase Transparency

Logistics company Jettainer and IT specialists at Lufthansa Industry Solutions are working to develop a digital container that can "measure temperature changes, shocks and other external factors independently and provide information about its state," according to the Lufthansa Group. Jettainer is a wholly owned subsidiary of Lufthansa Cargo AG.

Offshore Downturn Is Impacting Sea Time, Mariners Warn

The current downturn in the offshore industry has put offshore supply vessels into layup, operators into receivership and shipbuilders into a tailspin, industry professionals say. It has meant layoffs for thousands of mariners, but it's also having an impact on officers in a different way: a shortage of sea time.

Uber's Self-Driving Truck Makes First Commercial Delivery

The futurists of Silicon Valley may not have seen this one coming: The first commercial delivery made by a self-driving truck was 2,000 cases of Budweiser beer. Last week, Otto, the Uber-owned self-driving vehicle operation, announced the completion of its first commercial delivery, having delivered its beer load from Fort Collins, Colo., to Colorado Springs, a roughly 120-mile trip on Interstate 25.

Research Forecasts 17.5 Million Camera-Based Driver Monitoring Systems to Ship in 2026

As the automotive industry wakes up to the safety challenges of managing human interactions with autonomous systems, ABI Research identifies camera-based driver monitoring systems (DMS) as the chief enablers of safe, semi-autonomous driving. The market is forecast to reach 17.5 million camera-based DMS shipments in 2026, the business intelligence group reports.

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Evergreen Line Enhances Asia-Australia Network

In hopes of offering shippers a more comprehensive service on Asia-Australia trade, Evergreen Line has announced a new joint North East Asia-Australia Express (NEAX) service. The Taiwanese container transportation and shipping company is teaming up with Orient Overseas Container Line, Mitsui O.S.K. Lines, "K" Line and YangMing Marine Transport Corp.

Hanjin to Halt E.U. Routes, Operations This Month

Hanjin Shipping's European routes services have completely halted, the company said last week, and a Seoul court overseeing its receivership process has approved winding down four of its European units.

Walmart and JD.com Are Launching Three E-commerce Initiatives in China

Three months after entering into a partnership to expand online shopping options for Chinese consumers, Walmart and JD.com have announced three new ways for customers to access Walmart products from around the world. The efforts, which are part of the original strategy announced in June, are officially launching during the run up to Singles Day on November 11. They aim to improve logistics and supply chain functions, cross-border e-commerce and online-to-offline e-commerce services for consumers across the country, the companies say.

Total Truck Volumes Will Grow Despite Pipelines Gaining Market Share, Trucking Group Says

Growth in both overall freight volumes and in the amount of goods moved by truck is expected to continue far into the future, according to the American Trucking Associations. Between 2016 and 2027, overall freight tonnage will grow a total of 35 percent, according to the group. Over that same timeframe, the amount of freight moved by trucks will grow slightly less at 27 percent.

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Amazon Limiting Fulfillment Networks to Existing Merchants Ahead of Holiday Season

In an attempt to deal with potential network capacity issues this holiday season, Amazon is limiting the use of Fulfillment by Amazon (FBA) warehouses and services to existing sellers between now and Dec. 19, the company confirmed. This means new sellers would have difficulty using FBA to fulfill last-minute Christmas orders.

Airline Earnings Reports Point to Uncertain Growth Trajectory in U.S. Cargo

Of the three major American carriers to publish third-quarter results so far, only Alaska Airlines Cargo saw its cargo revenues increase, up 3 percent, year-over-year, to $31m - a fraction of its growing passenger revenue, according to earnings reports. Meanwhile, United registered a 4.7 percent decline in revenues, y-o-y, to $224m and, as previously reported, Delta continued its losing streak into the quarter, with revenues falling 15 percent, y-o-y, to $167m.

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