Green is the Color of Logistics' Future
Asian consumers are ready to pay more for green products, according to a new global sustainability study. Carbon reduction efforts are seen as a key strategy for the continued success of the logistics industry going forward....
Retail Container Traffic Up 11 Percent in October
Import cargo volume at the nation’s major retail container ports is expected to be up 11% in October over the same month last year and should continue to see strong year-over-year growth even as seasonal levels wind down through the remainder of 2010...
Week 37: Import Activity Slows at U.S. Ports
In week 37, 2010, total traffic for all imports entering U.S. ports slowed but was still up 10% compared to the same week in 2009...
Homeland Security Begins Work on Container Security Standards
Customs and Border Protection is partnering with the DHS to develop performance standards for container security technologies...
Six Freight Forwarders Admit to Price Fixing
Under a plea bargain agreement with the U.S. Justice Department, the six freight forwarders will pay a total of $50 million in criminal fines...
Global Air Industry Doing Better than Expected
IATA has revised its 2010 industry outlook and is now projecting a profit of $8.9 billion (up significantly from the $2.5 billion forecast in June). However, in its first look into 2011, IATA estimates that profitability will drop to $5.3 billion...
Major Container Shippers Team Up to Fight Piracy
The world's three largest container shipping companies—CMA CGM, MSC and Maersk Line—are teaming up to fight against piracy in the Gulf of Aden and the Indian Ocean...
Week 35: Import Traffic Slows at Gulf Coast Ports
In week 35, 2010, total traffic for all imports entering U.S. ports was up 21% compared to the same week in 2009, but was off 3% at Gulf Coast ports...
Global Trade Management Rebounds from the Recession
It stands to reason that when the global economy is in recession, the market for global trade management (GTM) software solutions will be down...
Logistics Competitors Team Up to Rescue Pakistan Flood Victims
Agility, TNT and UPS are providing warehousing, transport and logistics support in the current Pakistan emergency to ensure critical relief supplies reach the people affected by rains and flooding...
Alliance Formed to Manage Ocean Cargo Shipment Lifecycle
INTTRA and Descartes Systems Group have formed an alliance to create a global network capable of managing the entire ocean cargo shipment lifecycle...
Peak Season Ends but Retail Container Traffic Is Still Up
Import cargo volume at the major retail container ports is expected to be up 16% in September over the same month last year, but 2010 has already hit its peak and numbers will decline through the remainder of the year...
Canadian Freight Costs Rose 1.8% in First Half of 2010
The cost of ground transportation for Canadian shippers increased slightly during the first six months of 2010, indicating that the market may have bottomed out...
Week 33: Gulf Coast Ports See Huge Jump in Activity
In week 33, 2010, total traffic for all imports entering U.S. ports was up 20% compared to the same week in 2009, with a 38% jump in activity at the Gulf Coast ports...
Schneider Logistics Sells Freight Forwarding Operations to French Company
Schneider Logistics has sold its freight forwarding and customs house brokerage business in the United States and China to Norbert Dentressangle, based in Lyon, France...
Demand for Air Cargo Still Strong, Though Slowing
International scheduled freight traffic in July showed a 22.7% improvement over July 2009, although that's down from the 26.6% increase the previous month...
Global E-Commerce Usage Is Growing Significantly
E-commerce provider INTRRA is reporting strong growth in electronic transactions for import volumes in Asia...
Week 31: Imports Are Up 18% Over 2009
In week 31, 2010, total traffic for all imports entering U.S. ports was up 18% compared to the same week in 2009. For the year to date, overall traffic is up 15% over the same period in 2009...
Increased Activity in M&A Deals Suggests a Logistics Recovery
Nearly 70% of all deals in Q2 2010 involved Asia and Oceania targets...
Panama Establishes Logistics Innovation and Research Center
The Supply Chain & Logistics Institute will establish and operate a Logistics Innovation and Research Center (PLIC) in Panama by the fall of 2010. The center's activities will be built around applied research, education and competitiveness...
Week 29: Chemicals and Steel Lead Import Traffic
Total traffic for all imports entering U.S. ports continues to surge in the summer of 2010, with overall traffic up 15% over 2009...
Traditional Peak Season May Be Melting Away
The shipping season may have peaked earlier than normal this year due to the rush to restock inventories earlier in the year. The peak may in fact have already occurred in July...
Asian Companies Worry About Rising Supply Chain Costs
Many leaders of small- and mid-sized businesses in Asia are confident they've turned the corner on the recession, but they're also worried about rising supply chain costs in their region...
NAFTA Trade with Canada and Mexico Jumps Nearly 40 Percent
Trade using surface transportation between the United States and NAFTA partners Canada and Mexico was 39.5% higher in May 2010 than in May 2009, reaching $66.8 billion. That's the largest ever year-over-year increase for surface trade...
FedEx Expands Freight Forwarding Operations in Europe
FedEx Trade Networks, an international ocean and air freight forwarder, has opened additional offices in Rotterdam, Netherlands, and Hamburg and Frankfurt, Germany...
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