CaroTrans International, a global non-vessel operating common carrier and ocean freight consolidator, has added a direct, weekly less-than-containerload (LCL) export service from San Francisco to Japan.
Reducing supply chain barriers could increase global GDP and world trade much more than reducing all import tariffs, according to a new report released by the World Economic Forum in collaboration with Bain & Company and the World Bank.
China's e-commerce market continues to skyrocket with estimates of 2012 B2C sales likely to top $107bn. However, this growth has placed pressure on the logistics infrastructure resulting in delivery issues. Not only is delivery a problem, but according to 360Buy, one of the largest Chinese e-commerce providers, "E-commerce is developing quickly but fulfillment and logistics are the key bottlenecks."
As retailers are still trying to work through their new-found infatuation with the idea of same-day deliveries, it's quickly becoming a love-hate relationship. Beyond Amazon's discovery that shoppers loved the concept of same-day but ended up not using it, it now seems that some U.K. retailers are willing to very heavily subsidize same-day delivery charges.
BNSF Logistics LLC, a multimodal transportation and third-party logistics services provider, has acquired Albacor Shipping, Inc., a global project and general cargo services entity based in Toronto, Canada.
The global automotive logistics sector is undergoing a massive transformation. Just a few years ago, it could easily be viewed as a mature industry with modest growth prospects. However, according to Transport Intelligence's report, Global Automotive Logistics 2013, that is no longer the case and the market represents a wealth of opportunities for logistics service providers on a global scale.