Several of the world's largest container shipping companies have imposed emergency bunker surcharges upon their customers in the past two weeks, seeking to claw back revenues lost to rising fuel bills caused by the jump in crude prices in recent months.
Automation is making an impact in logistics as third-party logistics providers (3PLs) tap into technology for greater efficiency across the organization.
Factory growth in major manufacturing hubs showed signs of cooling last month as companies braced for potential damage from rising global trade tensions while also grappling with accelerating inflation and a strong dollar.
Logistics and freight transport companies went on a hiring spree in May, adding 18,700 jobs to keep pace with accelerating demand in the U.S. shipping markets.
For Europe, the first move was easy. Officials swiftly announced plans to strike back with retaliatory measures against President Trump’s tariffs on steel and aluminum while vowing a legal challenge.
An E.U.-funded research project is underway to develop technical solutions for safer navigation in close proximity of other stationary or moving vessels and objects.
It is “unlikely” that any romaine lettuce from Yuma, Arizona — the origin of E. coli contaminated greens — remain on grocery store shelves, according to the Centers for Disease Control and Prevention, along with the Food and Drug Administration. However, consumers, farmers and retailers are still feeling the impact.
Global demand for polyethylene, the world’s most used plastic, has nearly doubled since 1999, but this growth in demand is being met with significant new market pressures, such as a rise in consumer expectations around sustainability, along with tightening environmental regulations in key growth markets such as China.
In trucking, hot-button topics like omnichannel distribution, e-commerce, electric vehicles and blockchain often blot the agendas of industry events and association meetings. Yet one topic that remains on the periphery unless we are talking about parts availability could wind up having a profound change to the industry – additive manufacturing.