Real-time monitoring solutions and Internet of Things (IoT) technologies can identify more problems in cold chains than incumbent systems, but a strong business case exists only for high-value products like vaccines or clinical samples, and commodities that suffer high loss rates, according to Lux Research.
Lufthansa Cargo has assumed complete ownership of the time:matters Group, a specialist in global same-day delivery and time-critical international spare-parts logistics.
Currently, containers, ships and other intermodal transport assets such as chassis and gensets are mainly what we call "dark, dumb and disconnected." What this means is that we really don't know much about them. They are not self-aware, we can't see them, and they can't tell us about their actions and status.
Pfizer has decided that it does not need the legacy distribution sites that it got with the $15bn buyout of Hospira last year and so will close four facilities across the U.S., consolidating distribution into two Pfizer logistics centers next year. In the process it will whack 104 jobs.
The North American automation industry has set records to begin 2016, according to the Association for Advancing Automation (A3), the industry's trade group. The advent of more automation in North American manufacturing promises increased efficiencies in production and the ability to compete globally.
Jump Technologies Inc., a software vendor specializing in applications for supply management in hospitals, has developed the new JumpStock module for operating rooms (ORs).
A steep rise in refinery capacity in the Middle East, the world's crude oil production hub, will diminish oil trade growth and with it prospects for tanker shipping, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry.