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Technology: Page 800
Bracing for Supply Chain Sticker Shock
For most of the past three decades, private equity firms and other investors have relied on two simple questions to assess the supply chains of the companies in which they've invested: Are our companies leveraging low-cost country supply sources and are they keeping supply chain costs in check? Deeper inquiries have always seemed unnecessary, so private equity firms and investors have focused on other aspects of the businesses they own to drive value.
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.
Is China's Economy Taking a Dive?
What's going on behind the veil of secrecy that masks China's economy?
Epicor Launches India Technology Center in Bengaluru
Epicor Software Corp. has launched an India Technology Center in Bengaluru.
Over Next Two Years, Growth in Crude Oil Tanker Capacity to Affect Rates
A surge in crude tanker vessel capacity over the next two years will lead to a fall in ship-owner earnings from current highs, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry.
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.
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.
Chemical Tanker Shipping Market Strong Enough to Utilize New Vessel Deliveries
The chemical tanker shipping market has been strongly supported by specialised trades and clean petroleum products (CPP) demand during the second quarter of the year. Although many newbuildings were delivered, the market has been able to absorb the extra tonnage, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.
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.
CEVA Logistics Launches Home Delivery Service Center
CEVA Logistics has launched a Home Delivery Service Center in Houston.
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