Articles

Global Logistics

Is Asia The New Bermuda Triangle?

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

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

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 […]

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DP World Extends Services to Europe with Unifeeder Acquisition

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 […]

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Chewing 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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Italy’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 […]

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A 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

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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Southwest Goes Tex-Mex

U.S.-based low-cost carrier Southwest Airlines flies into the international freight transportation field with the launch of a new Houston-Mexico City route. The carrier plans to add Cancun, Puerto Vallarta and Cabo San Lucas to its network by end of summer 2018. The airline is starting with four roundtrips per day between Mexico City International Airport […]

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Finding Hidden Talent

Finding Hidden Talent

Employers worldwide are facing the most acute talent shortage since 2006, according to the latest ManpowerGroup Talent Shortage Survey. Of the nearly 40,000 employers surveyed, 45 percent are struggling to fill roles. Skilled trade workers, sales representatives, and engineers are the most difficult to find. MORE TO THE STORY: The 4 B’s of Finding Talent […]

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