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Global Logistics: Page 131
Livingston International Expands Services in Asia
Livingston International, a customs broker and trade-compliance company, has expanded operations in Asia with the offering of a suite of global trade management (GTM) services in Taiwan, and an expanded presence in China.
Yusen Logistics Opens Temp-Controlled Facility in Hong Kong
Yusen Logistics (Hong Kong) Ltd. has opened a temperature-controlled facility at the Tsuen Wan Logistics Center in Hong Kong.
GE Unit Begins Converting Passenger Planes to Cargo Freighters
GE Capital Aviation Services (GECAS), the aviation leasing and financing arm of GE, is underway with its inaugural 737-800NG passenger-to-freighter conversion with Miami-based Aeronautical Engineers Inc. (AEI).
Shipping Alliance Would Encompass 18 Percent of World's Container Fleet Capacity
German container shipping company Hapag-Lloyd has announced a new international shipping alliance which is due to start up in April 2017 for initially five years, spanning 18 percent of global container fleet capacity.
Econocaribe Rebrands as ECU Worldwide
Econocaribe, a non-vessel operating common carrier operating in the U.S., has changed its name to ECU Worldwide.
Freight Rates in Chemical Tanker Industry Expected to Remain Steady in Near Term
Chemical tanker shipping freight rates are expected to remain firm over the medium term, thanks to rising production capacity in key exporting countries, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.
Dry Freight Container Prices Hit Lowest Point in 14 Years
Prices for new dry freight containers declined to their lowest point since 2002 during first-quarter 2016 and are still going down, according to the latest edition of the Container Equipment Insight, published by global shipping consultancy Drewry.
While Lower Than Last Year, Imports Still 'Some of the Highest Ever Seen'
Import cargo volume at the nation's major retail container ports is expected to be at some of its highest levels ever during the next few months despite a fall-off from last year's record-setting numbers, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Dematic Releases New Version of App for Grocery Retailers
Dematic, a supplier of automated technology, software and services for material handling, has released version 2.1 of Dematic iQ, the vendor's real-time software automation platform for grocery retailers.
It Remains Unclear How Robust Airfreight Industry Will Be in 2016
Already well into the second quarter of 2016, uncertainties remain for how airfreight demand will develop this year.
Some Maritime Shippers Urge Industry to Set Emissions Goals Before Governments Step In
Disagreement among nations means no carbon emissions targets have been set for international shipping, but voices from within the industry are calling for global curbs to be set soon, before countries or regional blocs take matters into their own hands.
Continued Reduction in Orders for Tanker Vessels Could Help Industry Recover
Newbuilding orders of tanker ships have seen a sharp reduction, but the slowing trend needs to be sustained for the longer-term health of the market, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry.
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