Transportation management - Articles - Page 73

Walmart Acquisition of Jet.com Lesson for Distributors Competing Against Amazon

September 8, 2016

In August, Walmart announced that it would acquire Jet.com for $3.3bn. The merger may put Walmart in a better position to go up against e-tailing behemoth Amazon, and possibly even strengthen the former's footing in the business-to-business e-commerce space in the future.

Support Grows to Include Ocean Shipping Emissions in EU CO2-Control Initiative

September 8, 2016

Maritime Executive

A proposal to include emissions from shipping in the European Union's 2030 emissions reduction target through the E.U. emissions trading system (ETS) has gained cross-party support among members of the E.U. parliament.

Ocean Container Rate Increases on East-West Trades 'Disguise' Industry's 'Fundamental Weakness'

September 8, 2016

American Shipper

The recent increase in container freight rates on major east-west trades is no more than a flimsy disguise for the "fundamental weakness" of the ocean shipping industry, according to ocean freight rate benchmarking and market intelligence provider Xeneta.

August's Class 8 Truck Orders Down 35 Percent Year Over Year

September 7, 2016

FTR

FTR data shows that preliminary Class 8 net orders for August stood at 14,000 units, slightly above expectations and a 36 percent improvement over July. However, the Class 8 order activity for August was the weakest for that month since 2010 and down 35 percent from August 2015. Class 8 orders for the last twelve months have totaled 206,000 units.

Acquisition of APC Logistics Expands C.H. Robinson's Clout in Asia Pacific

September 7, 2016

C.H. Robinson

C.H. Robinson has entered into a definitive agreement to acquire APC Logistics, a provider of freight forwarding and customs brokerage services in Australia and New Zealand. The two companies have had a long-standing exclusive agent relationship for business in Australia and New Zealand. The agreement is subject to certain customary closing conditions, including regulatory approval.

Inchcape Shipping Service Opens Office in Amsterdam

September 7, 2016

Inchcape Shipping Services

Inchcape Shipping Services has opened an office in Amsterdam, its second in the Netherlands.

Hanjin Bankruptcy Proves Need to Have Risk Management Strategy in Place

September 7, 2016

Industry Week

The recent bankruptcy of Hanjin container line clearly illustrates some of the risks involved in the global supply chain today. As The Guardian reports, "the bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion, with giant container ships marooned and merchants worrying whether hundreds of tons of goods being carried by the South Korean company will reach shelves."

Where Are All the Holiday Season Imports?

September 6, 2016

Wall Street Journal

This summer, dockworkers, truckers and railroads geared up for a surge of retail goods passing through U.S. ports that hasn't occurred. Imports are flat at major seaports on both coasts heading into peak shipping season, the stretch in late summer and early fall when retailers usually load up on imported toys, clothing and other merchandise to sell to holiday shoppers. If the trend holds, it will be the second year in a row without a traditional peak.

UPS to Begin Series of Rate Increases Sept. 19, 2016

September 6, 2016

UPS

Effective Dec. 26, 2016, the UPS U.S. ground service daily rate will increase by an average net 4.9 percent. Daily rates for UPS U.S. air and international services will increase an average net 4.9 percent. UPS airfreight rates within and between the U.S., Canada and Puerto Rico, will increase an average net 4.9 percent, also effective Dec. 26, 2016. Further, UPS Freight announced an average net 4.9 percent general rate increase effective Sept. 19, 2016.

Freightos Enhances Air Cargo Rate Database with WebCargoNet Acquisition

September 2, 2016

Wall Street Journal

Freightos, looking for an edge in the crowded field of tech-driven shipping start-ups, is buying a database of air cargo rates to fill a gap in its new online marketplace.