Articles
Global Logistics
Realigning Logistics
FedEx Corp. will realign its specialty logistics and e-commerce solutions in a new structure under FedEx Trade Networks, Inc. (FTN), beginning March 1, 2018. The goal is to create an organization focused on serving the unique needs of this important growth driver. "In order to improve our ability to leverage the unique capabilities of our […]
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Special Delivery
With delivery dates of June 2018 and January 2019, Ethiopian Cargo and Logistics Services, a division of the Ethiopian Airlines Group, is leasing the first Aeronautical Engineers Inc.(AEI)-converted Boeing 737-800 freighters (737-800SF) from GE Capital Aviation Services. “In line with our Vision 2025 Ethiopian Cargo and Logistics strategic roadmap, we are expanding our cargo fleet […]
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Middle East Gain for Crane
Crane Worldwide Logistics has expanded in the Kingdom of Saudi Arabia, opening a fully operational office based in Dammam. Providing airfreight, ocean freight, and logistics services, the operation is strategically located in Al-Khobar and served by King Fahd International Airport and King Abdul Aziz Port. Crane Worldwide Logistics also has its own entities in both […]
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Fleets Don’t Fail Me Now
The number of active fleet management systems deployed in commercial vehicle fleets in Russia/CIS and Eastern Europe was 4.8 million during the fourth quarter of 2016, according to a new report from analyst firm Berg Insight (see chart, right). Growing at a compound annual growth rate (CAGR) of 13.5 percent, this number is expected to […]
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WTO Conference Marked by Lack of Consensus on Pretty Much Everything
Nobody left satisfied when the World Trade Organization (WTO) wrapped up its 11th Ministerial Conference in Buenos Aires in December 2017. Here are the highlights: The United States largely withdrew from its traditional leadership role at the WTO conference, expressing interest in developing more direct, bilateral trade deals with trading partners. The European Union (EU) […]
Read MorePeak Season Piques Airfreight Demand
Global air freight is on track to achieve its strongest operational and financial performance since the post-global financial crisis rebound in 2010. Demand measured in freight ton kilometers (FTKs) rose in November 2017 by 8.8 percent over 2016 totals, according to the International Air Transport Association (IATA). While the 2010 gains lasted for about one […]
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SCPA: One for the Record Books
South Carolina Ports Authority (SCPA) set a new container volume record, handling 2.2 million TEUs during 2017, and posted nine-percent container volume growth. The port’s total container volume in 2017 surpassed the previous record of 2 million TEUs achieved in 2016. In addition, the port moved 182,884 TEUs in December 2017, an increase of 11.2 […]
Read MoreConnectivity, Advanced Telematics Buoy LATAM Logistics
Digital transformation and connectivity are reshaping the future of logistics and the trucking industry, according to Frost & Sullivan’s recent Latin American Commercial Vehicles Market Forecast to 2023 study. Demand for greater transparency, speed, and truck capacity optimization, as well as higher logistics costs in Latin America (LATAM), ushered in a range of digital freight […]
Read MoreChina on a Logistics Spending Spree
Chinese companies are acquiring overseas warehousing, trucking, and other logistics service providers in record numbers as part of its goal to build a new Silk Road. Total acquisitions in Europe, Asia, and other regions by Chinese groups of logistics companies more than doubled in the first 11 months of 2017 compared to all of 2016, […]
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It’s Now or NAFTA
The odds are “about 50-50” that NAFTA will be terminated, according to Gerónimo Gutiérrez, Mexico’s ambassador to the United States, following a fifth round of renegotiations among the United States, Mexico, and Canada on the nearly 24-year-old free trade agreement. “I remain concerned about the lack of headway,” said U.S. Trade Representative Robert Lighthizer in […]
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Building Resilience in Your Global Supply Chain
If your company has a business continuity plan in place in the event of a supply chain disruption, you are not alone. Nearly 75 percent of organizations responding to a report published by the Business Continuity Institute and supported by Zurich Insurance Group have made business continuity arrangements related to supply chain management. Companies that […]
Read MoreSimplifying Trade Complexity
Global trade professionals experienced a great deal of disruption during 2017, with trade agreements being canceled and renegotiated, regulatory enforcement on the rise, the timeline for Brexit approaching, political instability a growing concern, and more. Networks that had been relatively stable for years are now in flux. To respond to these global market forces, companies […]
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K Line, Agunsa Drive KAR
To leverage rising automotive import traffic in Latin America, particularly in Chile, multinational logistics agency Agunsa has partnered with Japanese shipping firm “K” Line to create a dedicated automotive logistics company. The new company, KAR Logistics, offers integrated transportation services as well as warehousing, customization, pre-delivery inspection, and spare parts services. Its target is automotive […]
Read MoreDo Buy, Says Dubai
E-commerce is booming and everyone wants a piece of the pie, including Dubai . The country recently announced its first free trade zone dedicated to e-commerce in the MENA region: Dubai CommerCity, a multi-million-dollar, 2.1-million-square-foot complex that is a joint venture between Dafza and Wasl Asset Management Group. The project is designed to promote Dubai’s […]
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U.S.-Cuba Trade: Where Do Sanctions, Sourcing, and Compliance Meet?
Between the changing diplomatic ties between the United States and Cuba, and expectations that the Trump administration will redraw U.S. policy toward Cuba, sanctions with the island nation are unclear. The country is still embargoed and for nearly all products, normalized trade has to overcome many hurdles. Shippers are watching Cuba closely, and analyzing market […]
Read MoreChina Ups Delivery Service to the U.S.
Two leading express companies are joining forces to leverage their complementary networks, service portfolios, technologies, and logistics expertise. China’s Ministry of Commerce approved a planned joint venture between UPS and SF Holding, the parent company of SF Express. The agreement allows UPS and SF to collaborate on developing and providing international delivery services from, initially, […]
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Panama Canal Expansion Hits the Big Time
Two Great Pyramids of Giza, four Big Bens, eight Statues of Liberty. Lay them end to end, and you’ve got the equivalent length of the CMA CGM Theodore Roosevelt, the largest capacity vessel to ever transit the Panama Canal’s expanded locks. At 1,228 feet long, the Neopanamax containership has a total capacity of 14,414 TEUs. […]
Read MoreWater Works
Unmanned surface and underwater vessels will dominate maritime activity in the United Kingdom and across Europe over the next decade, according to a new report on the future of autonomous maritime systems. Networks of autonomous surface and underwater vessels are set to radically change the nature of maritime operations, according to the follow-up to Global […]
Read MoreCold Cuts: Refrigerated Transport’s Global Forecast
Globalization and technological advancements in refrigerated transportation systems and equipment are driving increased demand for temperature-controlled food across the globe. As a result, the refrigerated transport market is projected to reach 3.25 billion tons by 2022, at a compound annual growth rate (CAGR) of 2.5 percent from 2017 to 2022, according to the latest study […]
Read MoreReaching a Point of No Returns
Online shoppers can no longer take free returns for granted. The number of UK and European retailers offering customers free returns in at least one international market dropped from 55 percent in the first quarter of 2017 to just 28 percent in the latest benchmark report from research firm ReBOUND. Most brands are still not […]
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