A discussion with Dinesh Dongre, vice president of strategy with Softeon, about how companies can shift their focus from cost reduction to growth, as a response to economic recovery.
Asia Pacific's logistics industry continues to develop at a fast rate despite the economic weakness of its two largest trade partners - the EU and the U.S.
CaroTrans International, a global non-vessel operating common carrier and ocean freight consolidator, has added a direct, weekly less-than-containerload (LCL) export service from San Francisco to Japan.
Tokyo-based retailer BEAMS Co. Ltd. has incorporated radio frequency identification technology at five B:MING Life Stores that it recently opened in Japan. The stores are employing RFID technology for both tracking inventory and improving efficiency at the point of sale.
The Drewry Hong Kong-Los Angeles container rate benchmark, published in the latest Container Freight Rate Insight report, jumped 14 percent to $2,524 per 40-foot container last week, as the January peak season surcharge (PSS) took effect.
IATA's latest Airline Industry Forecast predicts average international freight growth of three percent per year over the next five years. That would mean volumes will total 34.5 million tonnes by 2016, 4.8 million tonnes more than the 2011 total.