Chemlogix LLC, a provider of transportation, technology and supply-chain consulting services to the chemical industry, has launched a new freight-brokerage service.
The Stifel Nicolaus Logistics Confidence Index declined for the sixth consecutive month, according to the latest survey undertaken by Transport Intelligence. The index for both the current and expected situation combined registered 47.3 for the month, down from 47.6 in September.
The International Air Cargo Association (TIACA) and the International Civil Aviation Organization (ICAO) have committed to enhanced cooperation in the field of air cargo transportation.
Pirate attacks off the Somali coast have declined by more than 54 percent, leading to a softening of insurance premiums for the global shipping community but raising controversy surrounding the use of onboard private armed security contractors, according to the International Maritime Bureau's Piracy Reporting Centre.
Exel has opened a 250,000-square-foot distribution center in Laredo, Tex., in support of the provider's "Logistics Without Borders" supply-chain service.