Worldwide perishable reefer trade increased by 52.1 million tonnes between 2002 and 2012, which represents a combined annual growth rate of 3.6 percent, according to Drewry's latest Reefer Shipping Market Annual Review and Forecast.
Seaborne perishable reefer cargo has increased by a CAGR of 3.3 percent (25.6 million tonnes) from 66.8 million tonnes in 2002 to 92.4 million tonnes in 2012.
CaroTrans, a global non-vessel operating common carrier and ocean freight consolidator, has launched a direct weekly export service, handling both less-than-containerload (LCL) and full-containerload (FCL) cargoes, from Houston to Rio de Janeiro, Brazil.
Amber Road, a provider of global trade management solutions, has acquired EasyCargo, a Shanghai-based GTM solutions provider specializing in complex Chinese trade regulations.
ABI Research forecasts that cumulative shipments of handheld and fixed/stationary barcode scanners totaling 6.3 million units will be delivered into the asset management, logistics and authentication market by 2018. Revenues are expected to hit just over the $775m mark for the same year.
The International Air Transport Association (IATA) revised its 2013 global industry outlook downwards to $11.7bn on revenues of $708bn. Airline performance continued to improve in the second quarter, but at a slower pace than was expected with the previous projection (in June) of $12.7bn. This reflects the impact on demand of the oil price spike associated with the Syrian crisis and disappointing growth in several key emerging markets.