The Far East Land Bridge cargo cooperation, whose members aim to revolutionize rail connectivity along the Trans-Siberian route, has witnessed the first container freight train travel from Suzhou, China, to Warsaw, Poland. The 14-day transit resulted from a project among the government of the City of Suzhou in the Jiangsu Province, PKP Cargo (the Polish state railway) and RZD Logistics (part of Russia's rail behemoth).
Executives want to know that their organization isn't wasting time or money. For logistics organizations, that means trucks should only be doing what is necessary to support the business, and nothing else, to ensure that time and money are invested only in value adding activities.
As one of the most recent members of the European Union, Croatia is seen by many logistics groups a potential growth market and that has been reinforced with the news that the Gefco group, which specializes in automotive and industrial product logistics, is opening up a new subsidiary in Zagreb.
Weaknesses in Vietnam's manufacturing and agricultural supply chains have prevented the country from lowering export costs and capturing much needed value addition, said Pham Minh Duc, senior economist at the World Bank.
The Global Environmental Management Initiative is developing a tool focused on supply chain sustainability and the procurement decision-making process.
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.