Shelby Foam Systems, which supplies padding and Velcro to one of the world's largest seating manufacturers for cars and trucks, wasn't sitting comfortably with its transportation provider. It needed better inbound monitoring, and at a lower cost.
With a current world population of more than seven billion, and expectations that number will exceed eight billion by 2030, the global healthcare industry is growing exponentially. But to achieve its potential, providers across the industry - from R+D and manufacturing to the caregivers themselves - must go "borderless." This interconnected view of the industry's future was the focus of the FedEx Corp. healthcare industry summit, held in New York City recently.
These clusters are agglomerations of logistics activities in a region or logistics park, and there can be huge cost-saving advantages to locating in them.
Robert Gifford, executive vice president of global logistics with Ingram Micro, walks us through the past, present and future of global supply chains. He also discusses how his own company is positioning itself to cope with change.
While incidents of piracy decline off the Horn of Africa, an inestimable number of seafarers continue to bear the psychological impact of captivity by pirates. To describe their condition and to advise the maritime industry on how to care for affected individuals, the Seamen's Church Institute (SCI), in collaboration with New York's Mount Sinai School of Medicine, has released a report from its clinical study of the effects of piracy on seafarers.
Drewry, the U.K.-based maritime research and advisory firm, has created a new service, Drewry Maritime Equity research, to produce investment reports on companies operating in the maritime industry.
Two countries providing flags of convenience to merchant vessels, Panama and Cyprus, threw up roadblocks to the safe carriage of containerized cargo recently. With more than 80 percent of world cargo being moved on container ships and those ships getting ever larger, any measure that can make these shipments safer must be considered. Sadly, these countries find that some proposed measures are inconvenient.