Damco, the global freight forwarder and logistics service provider, said it will acquire Pacific Network Global Logistics, a freight forwarder operating in China and Australia.
Encompass Global Logistics LLC, a third-party logistics provider operating in the trans-Pacific trade, has made enhancements to its refrigerated service.
C.H. Robinson Worldwide Inc. has formed a new division to offer logistics services to chemical manufacturers and distributors. Dubbed ChemSolutions, the unit can provide chemical bulk shipping, safety and sustainability, freight forwarding, customs brokerage, vendor and supplier compliance, global trade management and multimodal transportation.
APL Logistics has opened its first Quality Assurance Centers in Bangladesh, in Dhaka and Chittagong. The company has a 30,500-square-foot center in Gazipur, Dhaka, along the Dhaka-Chittagong highway.
In spite of a slow economic climate, 74 percent of the North American logistics companies surveyed achieved or exceeded revenue projections in 2011. However, companies that failed to meet their financial projections were up sharply from 14 percent in 2010, to 26 percent in 2011.
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.