Global Logistics

A Lot Less Pot Is Being Sold in California Than Initially Estimated, Analyst Says

May 24, 2018

With tax revenue from legal pot sales in California falling short of projections, a financial analysis firm estimated Tuesday that total sales this year will be $1.9bn, significantly less than \the $3.8bn the company expected.

Gartner Announces Rankings of the 2018 Supply Chain Top 25

May 24, 2018

Gartner

Gartner, Inc. has released the results of its annual Supply Chain Top 25, identifying supply chain leaders and highlighting their best practices. Analysts announced the results at the Gartner Supply Chain Executive Conference last week in Phoenix.

Maersk to Cut Services as It Battles Shipping Glut

May 24, 2018

The Wall Street Journal

A.P. Moller-Maersk said it would cut back on capacity to combat falling freight rates and rising fuel costs, after the Danish shipping giant reported a weak first quarter that sent its shares down about 8 percent.

Trump’s Next Round of Trade Limits Could Hurt the U.S. Tech Industry He Wants to Help

May 24, 2018

The Washington Post

Housed in a 19th-century meatpacking plant in Somerville, Massachusetts, Formlabs boasts all the accoutrements of American high-tech success: exposed brick walls and ductwork, a morale-boosting pool table and plenty of young employees hammering away at laptops.

ICS Asks EU Not to Publish Ships' Fuel Efficiency Data

May 23, 2018

Maritime Executive

Now that the International Maritime Organization has endorsed a global CO2 reduction strategy, the International Chamber of Shipping is calling on the European Union not to publish data on individual ships' fuel efficiency.

Interest in Cargo Piloting Careers Is Climbing, Study Finds

May 23, 2018

Air Cargo World

There may be a looming pilot shortage that has developed in the cargo industry over the last decade, but according to a study by the University of North Dakota (UND), there may be some cause for optimism.

Supply Chain Execs Still See Their Role As Support — Not Growth Enabler, Report Shows

May 23, 2018

Material Handling & Logistics

It turns out that many chief supply chain officers (CSCOs) are not leveraging their C-suite counterparts to help reinvent the supply chain function and transform it into an engine of new growth models and customer experiences, according to new research from Accenture.

U.S.-China Trade Truce May Not Last With Differences Unresolved

May 23, 2018

Industryweek

The U.S. and China declared a truce in their trade dispute over the weekend, but that will prove temporary if the world’s two largest economies fail to deliver on their vague commitments to re-balance trade.

China Tightens Grip on Global Battery Metals With Chile Deal

May 23, 2018

Bloomberg

China tightened its grip on the global supply chain for battery raw materials as Tianqi Lithium Corp. struck a deal to take a $4.1bn stake in Chilean rival SQM, the second-largest lithium producer.

In Congo Outbreak, Ebola Vaccine Faces Cold-Chain Reality Tests

May 23, 2018

Reuters

An experimental Ebola vaccine to be deployed in an outbreak in Democratic Republic of Congo has conquered some major scientific hurdles in giving high protection, but it now faces extreme real-world tests including heat, humidity, language barriers and lack of roads.

Global Logistics

The latest news, analysis, services and systems regarding global logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods faster and farther around the world than ever before through global logistics solutions. New technologies that provide information during global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using global logistics solutions to power their supply chains.