US President Donald Trump and China’s Xi Jinping concluded their talks on Thursday at an air base in South Korea, where the two leaders appeared optimistic about calming trade tensions between the world’s two largest economies, according to Reuters. President Trump said he made a deal to reduce tariffs on China in exchange for Beijing…
Bangladeshi exporters are still facing production delays following the fire that broke out in the cargo village at Dhaka Airport this month. Many airlines and express transportation operators, including Emirates, DHL and FedEx, stopped bringing shipments after the import warehouse burned down. your… To read this article you need to subscribe. Help us continue investing…
The world’s leading shipbuilders, shipowners and classification societies have reaffirmed their commitment to the International Maritime Organization (IMO) as the sole global shipping regulator, following the recent decision to delay the adoption of a carbon pricing system for the sector. Read also: Shipping giants warn IMO Net Zero plan could cost industry $300 billion by…
“Traditional ASRS systems require aisles for cranes or forklifts,” says Bob Jones, ISD senior analyst and consultant. “This automated cube system eliminates that waste.” “You’re storing inventory in what was previously empty air. That’s important when you’re paying $15 per square foot.” summary: ISD’s new URBX Cube robotic ASRS system uses AI-driven robots to navigate…
Maersk’s port operator, APM Terminals, is set to significantly expand capacity at its facility at the US Port of Mobile after agreeing to extend the contract with the Alabama Port Authority to continue its concession until 2058. The parties agreed yesterday to build a new 400-metre quay, increasing Mobile’s capacity by 50% and “enabling the…
DHL Express is investing $90 million in new facilities and advanced material handling systems to expand capacity and enhance operations in the greater New York City area, the company said today. The move includes moving the company’s Manhattan service center operations to a new, state-of-the-art facility in Jersey City, New Jersey, by the end of…
Contract logistics company Pure-Play GXO has appointed Michael Jacobs (above) as president of the Americas and Asia Pacific. Mr. Jacobs, who most recently served as senior vice president of supply chain at plumbing and heating supplies distributor Ferguson Enterprises, will assume his new position on November 3. He has over three decades of experience in…
To serve these clients, Randa operates a far-reaching DC network that includes facilities in Toronto, Canada; Melbourne, Australia; Glenrothes, Scotland; Johannesburg, South Africa. It also operates three locations in the United States, located in New Orleans; Reno, Nevada; And Fort Worth, Texas. In those facilities, workers perform typical warehousing tasks: processing forms; Product inspection; Packing…
There seems to be at least one trade line where freight forwarders are having a good time lately, namely between Europe and Africa, where capacity, prices and volumes are all trending in the right direction for cargo owners and their logistics partners. Cindy Lowitt, general manager of 1Up Cargo in South Africa, told The Loadstar…
As companies face an increasingly complex and risky cross-border trading environment, they cannot afford to become complacent when it comes to continually improving their compliance program, especially with enforcement activity in full swing and penalties for non-compliance becoming more stringent and more common. Read also: Leveraging shipping technology for smarter global business operations Consider it…