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Otto Group to restructure European logistics operations
09/Feb/2009 by Chris Thorby.
Otto Group, the Germany-headquartered mail order goods giant, plans to streamline and substantially scale down its extensive European warehousing and distribution operation to achieve operational efficiencies and cost savings.... read more
Container industry facing its toughest challenges ever
19/Jan/2009 by Chris Thorby.
According to latest data, 2009 will be the toughest year yet for the global container shipping industry, with ocean carrier casualties a real possibility. Freight rates in the major east-west trade lanes continue to fall, and with vessel supply set to exceed cargo demand by a considerable margin this year the outlook for the industry is bleak.... read more
North America Logistics 2009 - Executive Summary
15/Jan/2009 by Chris Thorby.
This comprehensive report on the state of the transport and logistics market in North America shows that, despite the economic downturn, there are opportunities for investors, both in infrastructure improvement projects and in the provision of new services, across the continent.... read more
Resistance to TSA's capacity control bid increases
14/Jan/2009 by Chris Thorby.
Resistance is increasing among shippers and freight forwarders in the US to moves by the Transpacific Stabilization Agreement (TSA) to secure the authority to manage container vessel capacity on behalf of its 14 ocean carrier members in the eastbound trade from Asia to the US west coast.... read more
North American railroads confirm lower freight volumes in 2008
08/Jan/2009 by Chris Thorby.
The economic downturn in North America is reflected in the 2008 freight traffic figures being reported by major US and Canadian railroads.... read more
Recent air cargo gloom expected to continue in 2009
06/Jan/2009 by Chris Thorby.
International air cargo traffic decreased by 13.5% in November 2008, compared with the same month the previous year – and there is no sign the gloom will lift during 2009.... read more
US trucking market's longer term downward trend revealed
18/Dec/2008 by Chris Thorby.
With the US economy showing no sign of recovery yet, the contraction of the country’s trucking industry seen in 2007 and the first half of 2008 looks set to continue. That is largely due to fuel price rises and softening road freight volumes in North America.... read more
US west coast port figures highlight the struggling national economy
16/Dec/2008 by Chris Thorby.
A marked decline in import and export container volumes through the neighbouring US west coast ports of Los Angeles and Long Beach this year highlights the current challenges being faced by that country’s economy. The two southern Californian ports between them handle approximately 40% of total US container throughput.... read more
Rail freight providers fare better than road operators in weak US economy
12/Dec/2008 by Chris Thorby.
Overland transport providers in the US have faced enormous challenges in 2008, due to the country’s economic recession. Their shipment volumes and financial performance have been heavily affected and the situation is widely expected to get more difficult in 2009. However, rail freight operators have suffered less than trucking companies serving the US market, with underlying rates for their traffic remaining relatively firm.... read more
Integrated logistics in China - overcoming the challenges
02/Dec/2008 by Chris Thorby.
While the Chinese market is not new to global 3PLs, providing shippers with integrated contract logistics and value-added services within that country remains a challenge even for those with sophisticated networks and resources. However, as explained by a senior executive from Penske Logistics
, there are also opportunities for 3PLs to overcome the hurdles.... read more
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