FedEx profit soars as ‘modest’ global growth improves outlook Across-the-board gains in freight volumes and a strong peak shipping season drove FedEx profit skyward, lifting net income 53 percent year-over-year to $580 million in the fiscal quarter that ended Feb. 28, while total revenue rose 4 percent to $11.7 billion. Neither winter weather, successive holiday […]
Read More →African truckers employed by Agility protest long driving hours
on March 17, 2015in Uncategorized
African truckers employed by Agility protest long driving hours Truck drivers employed by Agility Logistics in Kenya are protesting long working hours and lack of union representation, allegedly disrupting traffic on a key trade corridor that connects the Port of Mombasa to inland markets in Uganda and other nations. The protests, following a truck driver […]
Read More →Anything is possible
on March 17, 2015in Uncategorized
Anything is possible As thousands of logistics executives from around the world filled the halls of the Long Beach Convention Center over a three-day period for the 15th Annual JOC TPM Conference this month, I couldn’t help but flash back to the first TPM in 2000, when there were about 300 of us… Anything is […]
Read More →Avoiding the ugly American
on March 16, 2015in Uncategorized
Avoiding the ugly American Jack was excited about his pending business trip to China. Not only would this be his first trip to a foreign country, but as a newly promoted manager, Jack also would be the project lead for negotiating a key contract with a prominent manufacturing company in Suzhou. Jack spent grueling hours… […]
Read More →APL Logistics to set up Sri Lanka hub
on March 13, 2015in Uncategorized
APL Logistics to set up Sri Lanka hub HONG KONG — APL Logistics will establish a regional consolidation hub for South Asia in Sri Lanka by the second half of 2015, the Singapore-based forwarder has announced.In its first major announcement since being acquired by Kintetsu World World Express (KWE) for a premium $1.2 million, APL […]
Read More →China-Europe rail services starting to turn shippers’ heads
on March 11, 2015in Uncategorized
China-Europe rail services starting to turn shippers’ heads SHANGHAI — Forwarders are reporting a steady rise in shipper enquiries into the China-Europe rail route from higher value shippers looking for an alternative to expensive and often unreliable air freight and the lengthy ocean shipping.Several of the global forwarders have weekly, and sometimes twice weekly, rail […]
Read More →Royal Mail goes after Chinese e-commerce consumers
on March 7, 2015in Uncategorized
Royal Mail goes after Chinese e-commerce consumers Britain’s Royal Mail has targeted booming growth in the Chinese cross-border online shopping market.HONG KONG — British postal service Royal Mail has launched a new Chinese-focused online shop front to capture soaring demand in the mainland cross-border e-commerce market and rising interest among local consumers for premium UK-made […]
Read More →Toll executive compares Japan Post takeover to DHL expansion
on March 5, 2015in Uncategorized
Toll executive compares Japan Post takeover to DHL expansion LONG BEACH, California — Toll Global Forwarding CEO Paul Coutts has drawn a parallel between the Japan Post acquisition of Australia’s Toll Holdings last week and the Deutsche Post takeovers that turned DHL into a global giant, giving an insight into the bold ambitions of the […]
Read More →Managing mountain of data a challenge to visibility, IT experts say
on March 4, 2015in Uncategorized
Managing mountain of data a challenge to visibility, IT experts say LONG BEACH , California — The quality, availability and management of data has to improve if the supply chain is to efficiently handle the mountain of information that is now available to carriers and their customers, panelists said at the 15th annual TPM Conference […]
Read More →Interior China shippers face transport hurdles to tap cheaper labor
on March 3, 2015in Uncategorized
Interior China shippers face transport hurdles to tap cheaper labor LONG BEACH, California — The challenges are abundant for second-tier suppliers moving west into China’s interior, a massive region rife with cheap labor but lacking necessary infrastructure and reliable transportation. The only way to confront those challenges is to make a clear appraisal of the […]
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