The Korea Offshore and Shipbuilding Association has released numbers confirming the expectations of many analysts: the number of actively operating shipyards around the world has fallen by more than 40 percent from what it was seven years ago.
Hanjin Shipping has to return chartered-in ships to owners and to sell as much of its own fleet as it can, a South Korean bankruptcy judge said Monday.
The recent bankruptcy of South Korean ocean carrier Hanjin Shipping is causing "widespread disruptions" to supply chains across the country, according to the National Retail Federation, which wants the U.S. government to step in.
The real-time tracking platform of FourKites, a vendor of logistics visibility software for shippers and third-party logistics providers, is now available with Oracle Transportation Management Cloud (OTM) and Oracle Transportation Management version 6.3.0 or higher.
HighJump, a provider of supply-chain network applications, has released version 4.2 of its AccellosOne Enterprise 3PL (Third-Party Logistics) software.
The pallet market in Europe is expected to grow at a CAGR of more than 5 percent during the forecast period of 2016 through 2020, according to Technavio.