Mitsui-Soko Holdings Co. will take a controlling stake in Sony Supply Chain Solutions Inc. for about 18 billion yen (US$151 million), marking the latest in a series of acquisitions by Japanese transportation and logistics companies targeting subsidiaries of struggling domestic electronics giants.
Singapore-listed Yoma Strategic Holdings will receive a $100 million loan from the Asian Development Bank (ADB) to build up Myanmar’s transport and logistics infrastructure urgently needed to create sustainable economic growth.
NAI Global Logistics’ Executive Vice President Adam Roth highlights takeaways from JOC Inland Distribution 2014, and discusses access to capacity and its impact on commercial real estate.
Truckload rates and intermodal pricing continued their year-over-year climb in November, spurred by stronger freight demand and port congestion.
Africa’s inland freight network is so troubled that it costs roughly seven times more to ship a container from Mombasa, Kenya, to Burundi, in central Africa, than to ship a container from Shanghai to the major Kenyan gateway, an APM Terminal executive said.
With the acquisition of GENCO, everything old is new again for FedEx — or at least resellable.
A compound annual growth rate of 24.7 percent is welcome in any business sector, but when that business is e-commerce in China, the numbers being generated quickly reach incredible levels.
Relocation of manufacturing to the U.S. has increased in recent years but doesn’t appear to be growing faster than manufactured imports, management consulting firm A.T. Kearney says in a report on reshoring.
India’s Ministry of Railways said it will postpone previously announced container rail increases, providing a temporary respite for shippers struggling with port congestion and rising transportation costs.
The $80 million acquisition of an Australian courier company by SingPost subsidiary Quantium Solutions (Australia) last week was all about securing last mile capability in a fast growing market, a critical component of the e-commerce operation.