Articles
Global Logistics
Top 10 Global Supply Chains
Which global companies and industries are leading the way? Which company encompasses the best supply chain practices? Has the same company been leading the way for the past decade, or has an underdog come from behind? To answer these questions, Vero Solutions, a UK-based provider of tracking and safety solutions, analyzed Gartner’s annual list of […]
Read MoreAvoiding or Reducing Increases When Duty Calls
U.S. importers and shippers can mitigate the future impact of additional tariffs on imported goods, including steel and aluminum. Here are some ways to control costs, according to Daily Hernandez of Lilly & Associates. Exclusion requests. The Department of Commerce, the Office of the U.S. Trade Representative, and China, in particular, have implemented a process […]
Read MoreU.S. Businesses Fight Tariff Battle
More than half of U.S. businesses are battling the effects of the unfolding trade war with China; the majority are already feeling the squeeze of the tariffs introduced earlier in 2018, according to a new AsiaInspection report. Notably, organizations on the other side of the tariff war are considerably less disturbed, with roughly one-third of […]
Read MoreGulftainer Invests in Delaware and It’s a Pretty Big Deal
A new port deal represents the largest operation ever run by a United Arab Emirates (UAE) company in the United States, as well as the largest U.S. investment by a private UAE company. Gulftainer, the world’s largest privately owned independent port operator and logistics company based in the UAE, finalized a 50-year concession agreement with […]
Read MoreFlying in the Face of Danger: Lufthansa Handles World’s First eDGD
When Lufthansa Cargo handled a shipment from global healthcare company Abbott based in Wiesbaden, it was no routine transaction. It represented the world’s first dangerous goods shipment with an electronic Dangerous Goods Declaration (eDGD), using the INFr8 platform. Lufthansa Cargo, flew the shipment from Frankfurt Airport to Mexico City on board cargo flight LH8222. The […]
Read MoreChina’s Economy Stays Resilient
China’s railway freight volume, an indicator of broad economic activity, expanded at a faster pace in the first seven months of 2018, notes a Xinhua report. China’s railways carried a total of 2.3 billion metric tons of cargo between January and July 2018, up 7.9 percent from one year earlier, according to National Bureau of […]
Read MoreReuse Service of Use to Container Shippers
CMA CGM and Hapag-Lloyd, two of the world’s largest liner shipping companies, now offer reUse, a container management service, in Mexico. The service is made available on the online platform of Avantida, an INTTRA company. It is the first time this service is offered in Mexico, and represents Avantida’s first foray into the North American […]
Read MoreWho’s Running the Ship?
Norway is testing a new way to make ocean freight transportation more sustainable: autonomous electric ships. Norwegian fertilizer manufacturer Yara International has commissioned the Yara Birkeland, which will be the world’s first autonomous electric containership. The company plans to use the freighter between ports to eliminate the use of diesel-powered trucks. The electric ship should […]
Read MoreHoly Mackerel! Oslo Reels in Seafood Center
Norway’s Oslo Airport is positioning itself as a preferred cargo hub by adding seafood transportation to its menu. Worldwide Flight Services (WFS) and Sjømatterminalen AS will operate the new Seafood Center at Oslo Airport, which will handle up to 250,000 tons of seafood annually. The facility is designed to meet industry requirements for cool chain […]
Read MoreEthiopian Airlines Launches Historic Cargo Route at MIA
Thank Ethiopian Airlines for the first-ever cargo-only route between the African continent and Miami International Airport (MIA). On August 29, 2018, Ethiopian launched the first of two weekly freighter flights between the Ethiopian capital of Addis Ababa and Miami. The scheduled flights operate on a route that includes intermediate stops in Spain, Colombia, and Belgium […]
Read MoreReducing CO2 Emissions: Close But No Cigar
Carbon dioxide emissions from 22 of the world’s leading ocean container carriers, representing 85 percent of global containerized shipping, continued to fall in 2017, but more innovation and collaboration across the value chain are needed to achieve ambitious global climate goals, reports BSR’s Clean Cargo Working Group. The Clean Cargo Working Group compiles its annual […]
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TradeLens Caps Blockchain Initiative
In an effort to apply blockchain to the world’s global supply chain, Maersk Line and IBM have collaborated to develop TradeLens, a blockchain-enabled shipping solution to promote more efficient and secure global trade, bring together supply chain partners to support information sharing and transparency, and encourage industry-wide innovation. To date, 94 companies are actively involved […]
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Is Asia The New Bermuda Triangle?
Large shipping losses declined by 38 percent globally over the past decade, but losses in Asia rose year-on-year, with incidents in the South China, Indochina, Indonesia, and Philippine maritime regions rising 25 percent. That makes Asia the top area worldwide for major shipping incidents in the past decade, leading it to be dubbed the "new […]
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In Iceland, There’s No Place Like Drone
Consumers in Reykjavik, Iceland, will soon just have to walk out their back door to receive their packages. Drone technology company Flytrex, in partnership with Aha.is—Iceland’s largest online marketplace—launched 13 new routes for an autonomous on-demand urban drone delivery service to serve nearly half of Reykjavik. The upgraded service also includes an advanced “InAir” wire-drop […]
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Europe Stays in the Loop
Virgin Hyperloop One will open a $500-million Advanced Technology Development and Testing Center in Spain, the company’s first European development facility. In return for this investment, Virgin Hyperloop One will receive 126 million euros in public aid through loans and grants to help establish the new center, advance its technology development and testing, and stimulate […]
Read MoreChewing the VAT
“Filing VAT returns on time is crucial to your business,” warns Mohammed Fathy, general manager of Al Dhaheri Jones & Clark. “A delay can not only cause a huge amount of stress, but also threaten your entire business should you fail to comply.” Value-added tax (VAT) is a consumption tax that applies to all goods […]
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DP World Extends Services to Europe with Unifeeder Acquisition
To expand its presence in Europe, Dubai port operator DP World acquired Danish logistics company Unifeeder from Nordic Capital Fund VIII and certain minority shareholders for $765 million. The aim is for DP World to boost its presence in the global supply chain and broaden its product offering to shipping firms and cargo operators, according […]
Read MoreItaly’s Ritrama Sticks a Landing in SC
Ritrama, an Italian multinational self-adhesive materials producer, chose Ferretto Group’s technological solutions for its new automated warehouse located in Spartanburg, South Carolina. The structure spans an area of more than 5,000 square meters, and is equipped with six stacker cranes with different pick-up tools. Currently in use for about 70 percent of the warehouse, the […]
Read MoreA Sweet deal: Nestlé, XPO Build Digital Warehouse
Nestlé, the world’s largest food and drink company, and XPO Logistics, a global provider of transport and logistics solutions, are co-creating a 638,000-square-foot distribution center at the new SEGRO East Midlands Gateway Logistics Park in Leicestershire, UK. Nestlé will predominantly occupy the facility, a digital warehouse of the future, for its consumer packaged goods. The […]
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Fresh Fish Shippers Breathe Easy
The world’s only approved airfreight oxygen delivery system will revolutionize live seafood transportation throughout continental Europe and the UK through an agreement between FloatPac, the owner of FishPac live seafood oxygen transport systems, and LipFish AS, based in Troms, Norway. Lipfish currently has its first 42 units on the water for delivery to Norway, with […]
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