Airbus tentatively aims to deliver as many as 80 A350 jetliners in 2017, two sources familiar with the plans have said. The target marks a new stage in ambitious plans to raise output of the company's newest long-haul jet to 10 a month in 2018, but depends mainly on how successful suppliers will be in curbing delays in cabin equipment.
The global third party logistics (3PL) market is expected to be worth $925.31bn by 2020 and will be partially driven by the outsourcing of secondary business activities, according to a new report.
A federal judge last week ordered pilots for a cargo airline that delivers Amazon packages to go back to work. The judge in Cincinnati said it was in the public's interest to end the strike because holiday shoppers expect to receive their packages on time.
The Stifel Logistics Confidence Index - which measure logistics industry outlook - has reached its 14 consecutive months of negative confidence, with the numbers suggesting this will continue into 2017. As reflected by the performance of the Index, global trade remains at a low ebb, as it has for some time.
Two months after a similar move by FedEx, UPS has announced changes to its dimensional weight pricing schedule. FedEx plans to decrease its DIM divisor from 166 to 139 as of Jan. 2, effectively increasing the shipping costs on millions of e-commerce parcels. UPS is also lowering its divisor to 139 as of Jan. 8, but is exempting domestic air and ground parcels that are less than one cubic foot (1,728 cubic inches).
South Korea's Hanjin Shipping Co Ltd said last week it decided to sell part of its container ship business to Korea Line Corp for 37bn Korean won ($31m).
Carriers are widely viewed as having an easy task: pick up and deliver on time. Piece of cake, right? Wrong. During the next few minutes of reading you will learn not only the challenges carriers face behind the scenes, but also what they aren't telling you that can reduce your transportation and distribution costs!
Businesses that transport their goods via the highways, railways or the airways are likely to see an expansion of the nation's infrastructure. That's good news not just for companies that want to move their products in the most efficient manner possible. It may also be good news for a subset of the coal sector that produces so-called metallurgical coal for steelmaking.
UPS said it will add four weekly flights to San Bernardino International Airport (SBD) during its peak-season rush to accommodate a seasonal surge in package shipments, which grows each year as e-commerce changes the logistics side of Christmas shopping. The Atlanta-based integrator will operate 757 freighters from SBD to its Louisville, Kentucky, hub this December.
MacroPoint, creator of a multimodal freight tracking network that provides shippers, logistics service providers and carriers real-time visibility into load status, has received a $44m investment from Susquehanna Growth Equity, LLC (SGE). The company says it plans to accelerate investment in product and network expansion, both in the U.S. and internationally.