Mars packing process blasts off with DHL automation HONG KONG — Automating labor intensive processes in China is gaining ground as manufacturers try to mitigate the rising costs of wages, with chocolate maker Mars the latest company to embrace a semi-automated solution.DHL Supply Chain has deployed semi-automated machinery in the company’s Zhejiang Province warehouse that […]
Read More →Alibaba pours $200 million into growing SingPost stake
on July 8, 2015in Uncategorized
Alibaba pours 0 million into growing SingPost stake HONG KONG — Chinese online giant Alibaba Group will invest more than $200 million in its partnership with Singapore Post in a series of initiatives aimed at expanding its e-commerce logistics platform across Asia-Pacific.Alibaba will increase its equity stake in SingPost to 14.51 percent, buying an additional […]
Read More →Panama Canal is on track to open its expanded locks in April
on July 3, 2015in Industry News
Panama Canal is on track to open its expanded locks in April The new locks at the Pacific end of the Panama Canal began to fill with water in late June in preparation for months of testing of their new gates before they open to commercial traffic next April. The flooding of the Pacific locks, […]
Read More →Panama Canal is on track to open its expanded locks in April
on July 3, 2015in Industry News
Panama Canal is on track to open its expanded locks in April The new locks at the Pacific end of the Panama Canal began to fill with water in late June in preparation for months of testing of their new gates before they open to commercial traffic next April. The flooding of the Pacific locks, […]
Read More →Container equipment costs hit 10-year low
on July 2, 2015in Uncategorized
Container equipment costs hit 10-year low While container carriers haven’t had much to cheer about as spot rates take a beating, they can at least take solace in the fact that equipment costs have hit a 10-year low, according to shipping consultant Drewry. In June, the index used to measure the cost of container equipment […]
Read More →China logistics reaps rewards of rising trade, domestic consumption
on July 2, 2015in Uncategorized
China logistics reaps rewards of rising trade, domestic consumption HONG KONG — The demand for logistics services and infrastructure will be fuelled by China’s increasing trade appetite and the continuing growth of e-commerce markets within the country, according to Barclays Research. With China’s logistics costs still around 16 percent of GDP, already significantly higher than […]
Read More →Logistics, trade groups hail choice of Heathrow for expansion
on July 1, 2015in Uncategorized
Logistics, trade groups hail choice of Heathrow for expansion A conceptualization of London Heathrow Airport with a third runway.LONDON – Freight forwarders and logistics providers today hailed a government-appointed commission’s call for a third runway to be built at London Heathrow airport, Europe’s fourth largest air cargo hub. “Heathrow provides the greatest benefits for business […]
Read More →Shippers told to prepare for global container weight verification rule
on June 30, 2015in Industry News
Shippers told to prepare for global container weight verification rule In exactly one year new global regulations requiring every packed container have a verified container weight will go into effect, and shippers need to be prepared, an industry trade group warns. “One year from today, global containerized maritime commerce will need to comply with new […]
Read More →Shippers told to prepare for global container weight verification rule
on June 30, 2015in Industry News
Shippers told to prepare for global container weight verification rule In exactly one year new global regulations requiring every packed container have a verified container weight will go into effect, and shippers need to be prepared, an industry trade group warns. “One year from today, global containerized maritime commerce will need to comply with new […]
Read More →Strong US dollar, low oil prices hurting US-Canada trade
on June 30, 2015in Uncategorized
Strong US dollar, low oil prices hurting US-Canada trade The value of goods shipped across the U.S.-Canadian border dropped 12.5 percent in April, thanks in part to a weaker Canadian dollar and a shrinking Canadian economy. In April, all transport modes carried a lower value of U.S.-Canada freight than a year earlier, the U.S. Bureau […]
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