The Korea Offshore and Shipbuilding Association has released numbers confirming the expectations of many analysts: the number of actively operating shipyards around the world has fallen by more than 40 percent from what it was seven years ago.
Hanjin Shipping has to return chartered-in ships to owners and to sell as much of its own fleet as it can, a South Korean bankruptcy judge said Monday.
The recent bankruptcy of South Korean ocean carrier Hanjin Shipping is causing "widespread disruptions" to supply chains across the country, according to the National Retail Federation, which wants the U.S. government to step in.
The pallet market in Europe is expected to grow at a CAGR of more than 5 percent during the forecast period of 2016 through 2020, according to Technavio.
Jitendra Malik, a researcher in computer vision for three decades, doesn't own a Tesla, but he has advice for people who do. "Knowing what I know about computer vision, I wouldn't take my hands off the steering wheel," he said.
Global marine underwriting premiums last year amounted to $29.9bn, a 10.5 percent reduction on the 2014 figure, according to annual statistical report from IUMI, the International Union of Marine Insurance.
The latest news, analysis, services and systems regarding transportation and distribution and their impact on global supply chains. Today’s companies are shipping and delivering perishables and manufactured goods faster and farther around the world than ever before through transportation and distribution solutions. New technologies that provide information during local and global shipments via air, ground and sea are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As these services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using transportation and distribution solutions to power their supply chains.
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