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Global Logistics: Page 102
Container Shipping Gets Boost in Demand, Earnings
The latest Container Shipping Forecaster from Maritime Strategies International reports that almost two months into 2017, the liner sector is finding itself in positive territory. Each of the industry's drivers - demand, supply and earnings - have started the year in healthy shape and MSI expects the sector to move into the next quarter with a reinforcement of this encouraging trend.
Freightos Launches 'FIFI' Aggregated Shipping Rates Index
For those interested in finding a snapshot of global freight pricing from week to week: Meet FIFI. Online freight marketplace Freightos has launched its Freightos International Freight Index (FIFI), a database of more than 250 million price points updated weekly, covering container pricing, price ranges on key lanes, historical pricing and volatility, and the ability to instantly estimate pricing on specific routes.
A Maker of Minibikes and Go-Karts Roars Into the U.S. With Domestic Production
Monster Moto, a producer of economically priced off-road vehicles, shifts from offshore production to domestic assembly, a move made possible by cutting its transportation and logistics expense.
After Weak Demand, Global Airfreight Market to Take Off
Analyst Insight: International and domestic air cargo transportation services have shown tepid signs of recovery in the years following the recession, with estimated average price growth of only 0.2 percent and 0.3 percent each year from 2013 to 2016, respectively. While weak demand growth for shipping services and falling capacity utilization have cut into revenue and profit margins for the market's suppliers, the outlook for airfreight carriers is not quite as bleak as it is for other global shippers. - Ashley Cruz, Procurement Research Analyst, IBISWorld Inc.
Edible Drone to Offer Aid in Disaster Zones
A U.K. company has developed a lightweight edible drone that could deliver life-saving supplies to remote areas in times of disaster or conflict.
Customer Experience Is Top Priority in Supply Chain Operations, Study Says
While most retailers understand the importance of providing a consistently positive customer experience, many struggle with legacy technology that fails to address customer experience needs, according to a study, Redefining Final Mile Delivery in the Age of the Customer, released this month.
Air Cargo Group Woos Millennials With 'Industry Immersion' Program
Millennials aren't flocking to the logistics business, prompting The International Air Cargo Association (TIACA) to back a program of visits aimed at improving collaboration across the air cargo supply chain.
Wal-Mart's Online Sales Jump as It Competes Against Amazon
The nation's largest retailer keeps working to make headway against the largest online seller.
New Carrier to Launch Trans-Pacific Service in April
Seoul-based SM Shipping says it will launch its first service string connecting Asia and the U.S. West Coast on April 21.
DHL, Huawei Enter Supply Chain Automation Partnership
Deutsche Post DHL Group and Chinese technology conglomerate Huawei Technologies are collaborating on a range of supply chain services for customers using "industrial-grade internet-of-things hardware and infrastructure."
E.U. Shipping Emissions Vote Met With Industry Disapproval
By majority vote, the Members of the European Parliament have agreed to include shipping in the European Emission Trading Scheme (ETS) Directive as of 2023, unless there is a comparable system agreed under the auspices of the IMO by the end of 2021.
Container Shipping Lines Sign Up With Alibaba to Offer Online Booking
Two container shipping lines, France's CMA CGM and Israel's Zim, have signed up with Alibaba to allow customers to book space on their vessels through the Chinese e-commerce giant, in a bid to boost sales as the sector battles a severe downturn.
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