mid november vac [freight all kinds] Price rises continued to boost spot rates for container freight in trade between Asia and Europe this week. According to Drewry’s World Container Index (WCI) yesterday, the Shanghai-Rotterdam leg rose 8% in the previous week, ending at $2,193 per 40 feet, while the WCI… To read this article you…
The truckload spot market remained weak in the third quarter, and a modest peak season will likely limit rate increases in the fourth quarter, freight broker RXO explained in its quarterly outlook released Thursday, Freightwaves reports. However, the company said that increased regulatory action targeting non-compliant CDL holders or a rebound in demand could tip…
Statistics released today on factory automation show that 542,000 industrial robots will be installed in 2024 – more than double the number 10 years ago – according to the International Federation of Robotics (IFR). The group’s latest report says annual installations exceeded 500,000 units for the fourth year in a row. Asia accounted for 74%…
The new US security rules are expected to add more than $110 million in annual costs for air cargo carriers, and CBP itself, as compliance becomes more complex. The United States has issued a significant expansion of its Air Cargo Advance Screening (ACAS) requirements, introducing a much broader set of data obligations for all cargo…
From export-led innovation to eco-manufacturing, sustainable packaging made from sugarcane and compostable plastics is changing global trade, compliance and consumer behaviour. Read also: Types of Packaging: A Complete Guide to Primary, Secondary and Tertiary Packaging 1. The global shift towards sustainable packaging In 2025, sustainability will officially become the language of global commerce. Across continents,…
Imagine you have a new intern in the office, a bright young man who arrives every morning full of enthusiasm but has never worked in a supply chain function before. While this young man has a lot of promise, it will take a lot of training and mentoring to help him reach his full potential….
ID 248372797 © Timon Schneider | Dreamstime.com When I first wrote that the crashes of a UPS MD-11F in Louisville and an Emirates 747 cargo plane in Hong Kong exposed deeper structural vulnerabilities in global air shipping, it was not yet clear how far the ramifications might extend. Now, with preliminary data emerging from the…
Global supply chains are being reshaped by new geopolitical realities. The combined effects of sanctions, tariffs and territorial reorganization have upended the once connected network that moves energy, minerals and agricultural products around the world. The result is a business environment in which logistics and risk management gain as much visibility as front office operations….
U.S. health systems and laboratories are losing millions of dollars and harming the delivery of care due to avoidable last-mile logistics delivery errors, according to a study by global consulting firm LEK Consulting and MedSpeed, an Illinois-based provider of medical courier services. Examples of these errors include mishandled laboratory specimens, compromised pharmaceuticals, and delayed surgical…