Total U.S. business logistics costs in 2012 rose to $1.33tr, up 3.4 percent from the year before, but remaining at 8.5 percent of the U.S. gross domestic product, according to the 24th annual State of Logistics Report released by the Council of Supply Chain Management Professionals and presented by Penske Logistics.
GE Capital Fleet Services has entered into an agreement with Mobileye, giving its truck-fleet customers access to the latter's collision-avoidance system.
Data integration is the key to getting the right information to the right person at the right time, enabling supply chains to seamlessly meet customer expectations. Kristi Montgomery of Kenco Group details the key components of successful data integration.
New York's manufacturing sector receives an 'F' and its logistics gets a 'C'. The situation isn't much better for several nearby states, according to the 2013 Manufacturing and Logistics Report Card, an in-depth analysis from Ball State University's Center for Business and Economic Research. The report grades all 50 states, ranking several areas of the economy.
Former President Bill Clinton, arguing for establishing a national infrastructure bank, says such a facility would create jobs in a wide array of industries.
CaroTrans, an international non-vessel operating common carrier and ocean freight consolidator, has entered into an agency agreement with Multifreight Consolidator System Inc. (MFCSI), an NVO in the Philippines market.
The global contract logistics market grew by 3.4 percent in 2012 to €159.35bn ($213bn), according to Transport Intelligence's Global Contract Logistics 2013 report. However, this figure hides an increasing divergence in the performance of regional markets, with growth in emerging markets much higher than those in Europe or North America.