Cargomatic, the company driving the "Uberization" of local trucking in Southern California, wants to use its technology to break the massive container logjam at West Coast ports. The "Silicon Beach" tech company is offering a free-flow program designed to get ocean containers stacked up in port terminals on trucks and moving inland more quickly.
As manufacturers grapple with deciding about whether to move to the cloud, some executives are wondering if such a move could make a difference in making accurate decisions about how much, if any, of their manufacturing should be brought back to the U.S. — or, in the case of Japanese and European companies, to their respective homelands.
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 Melbourne-based logistics operator.
The build-out of cold storage capacity is on fire around the world. From 2012 through 2014, total global capacity grew 20 percent to 552 million cubic meters, an increase of 92 million cubic meters in just two years, according to the 2014 IARW Global Cold Storage Capacity Report.
Drug giants AstraZeneca and Baxter are shifting more cold chain shipments from air to ocean, attracted by lower transportation costs, a reduced carbon footprint and mitigated security concerns, according to Outsourcing-Pharma.com.
CEVA Logistics posted slightly lower revenue and earnings in the fourth quarter of 2014 as currency movements outweighed market-beating increases in ocean and air freight volumes.
Panalpina’s profit more than doubled in 2014 as the Swiss forwarding and logistics company posted market-beating ocean and air freight traffic growth and narrowed logistics losses ahead of schedule.
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 13th annual TPM Conference in Long Beach, California.
Intermodal rail carrier Tiger Cool Express recently added 35 temperature-controlled intermodal containers to its fleet.