The International Civil Aviation Organization (ICAO) has decided on a mechanism to reduce carbon emissions from aviation activities, a move that has pleased the International Federation of Freight Forwarders Associations (FIATA) and the European Liaison Committee of Common Market Forwarders (CLECAT).
After a summer of strong, steady activity, spot market truckload freight volume showed a seasonal decline, dipping 5.3 percent in September compared to August, according to the DAT North American Freight Index.
In retail, the holidays are the best of times and the worst of times. The trick to troubleshooting shipping issues is to manage for the best scenario but expect the worst, especially during peak intervals.
The Air France-KLM group (AF-KL) has pledged to remain in the maindeck cargo business, despite further reductions in its freighter complement. In a media briefing at Amsterdam's Schiphol Airport, Erik Varwijk, executive vice president of Air France-KLM-Martinair Cargo, said that over the next two years, the group will shed four of its current 14 freighters.
Four times in the last five years, the Pentagon's inspector general has found that Boeing Co. collected excessive or unjustified payments on U.S. defense contracts. In the latest of four audits since 2008, the watchdog office said the Chicago company charged the Army for new helicopter parts while installing used ones.
In today's globalized economy, supply chain professionals work together to deliver products to the end customer while working with different organizations and different business units within the same organization. During this process, supply chain managers face a challenge in controlling inventories and costs while maximizing customer service performance.
The third-party logistics services industry is growing at a faster rate this year than gross domestic product, but experts at Tompkins International anticipate more aggressive growth than the 6 percent cited by other sources.
Logistics firm Deutsche Post DHL is investing $25m in its operations in the Philippines to further expand its supply chain business and warehousing facilities.
UPS is now offering its Preferred Less-Than-Container Load (LCL) expedited ocean-freight service between Asia and three destinations in Mexico: Monterrey, Mexico City and Guadalajara.
Today, titans of technology and consumer packaged goods are jumping on the customization bandwagon. And for good reason. In a world where customers are in the driver's seat, customization is no longer a "nice to have". It's an expected offering.