Archive: Feb 2018

Venezuela Crisis Surpasses Great Depression

Venezuela Crisis Surpasses Great Depression

The collapse of Venezuela’s economy has reached historic proportions, equal to or surpassing the 1929 and 1939 U.S. Great Depressions. That’s according to economist Gerver Torres, a researcher at the Gallup Company and senior associate at the Center for Strategic and International Studies in a recent lecture at the University of Miami’s Robert and Judi […]

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Realigning 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

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

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

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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Status Grow? Yes.

I often disagree with IL’s publisher, but I can’t argue with his perspective in this edition. There is a great opportunity for growth in many business sectors, and supply chain excellence is fundamentally important in that economic environment. It wasn’t always that way, however. This publication’s mission since its inception in 1981 has been to […]

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WTO Conference Marked by Lack of Consensus on Pretty Much Everything

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) […]

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Peak 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

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 […]

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Shopper Expectations Outpace Retail Investments

Shopper Expectations Outpace Retail Investments

Overall shopper satisfaction has significantly improved over the past decade, although shoppers are still not thrilled with retail staff availability and customer service. While four in 10 shoppers surveyed in Zebra Technologies Corporation’s 2017 Global Shopper Study cite being better connected to consumer information than store associates, more than half believe store associates armed with […]

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