Modern Logistics S.A. has secured funding that will help the Brazilian logistics services provider launch operations within two months, offering regional warehousing and air and ground distribution.
The world’s top integrators are waiting to see how the recent ruling by China’s State Council to liberalise domestic package delivery will play out across the multi-billion dollar market dominated by a multitude of small low cost operators.
Old Dominion Freight Line is expanding its U.S. intermodal drayage network at ports and inland railheads, strengthening the less-than-truckload carrier's connections with global shippers.
Shippers need to think about end-to-end power costs, not just fuel prices, when designing supply chains, speakers at the CSCMP meeting said. Those costs, they warn, could become more volatile.
Large forwarders are less inclined to accept loss leading business and will turn down contracts rather than supply transport services at below break-even levels, according to logistics companies with strong Asia Pacific business.
Ryder System is expanding its inland distribution network in Mexico, starting with a transloading center for Chrysler at the Gulf Coast Port of Altamira.
BDP International (India) and its long-time local partner Unique Global Logistics have approved a merger agreement between the two parties, allowing the Philadelphia-based logistics group to consolidate its operations in the country.
On an improved macroeconomic backdrop, U.S. retail holiday sales growth this year is expected to top that of last year, putting increased pressure on logistics and parcel delivery companies.
Logistics property developer GLP has completed the second and final tranche of its $2.5 billion agreement with a group of state owned companies and financial institutions in China that gives the company greater access to strategic property sites in one of the world’s fastest developing markets.
DB Schenker (India) has opened a 55,000-square-foot logistics facility in Ahmedabad, India, to serve customers in the western region.