Gati Ltd., India’s leading express distribution and supply chain solutions provider, on Tuesday said the growth of e-commerce helped increase net earnings by 60 percent in its third fiscal quarter, which ended on Dec. 31.
Congestion and delays at U.S. West Coast ports meant UPS had to scramble to get containerized goods into its inland delivery network and to customers. Higher purchased transportation costs were a factor in lower fourth-quarter earnings.
HONG KONG — An estimated 10 million square feet of warehousing space will be completed in the Shanghai area this year, wi
SingPost has acquired a 90 percent stake in New Zealand forwarder Famous Pacific Shipping as the regional e-commerce logistics specialist expands its Asia-Pacific footprint.
With the global middle class set to grow by nearly 3 billion people by 2030, congestion threatens to choke trade and economic growth, economist Walter Kemmsies told the SMC3 2015 JumpStart conference last week.
A dramatic drop in U.S. oil and fuel prices is proving a temporary salve for shippers pinched by rising transportation costs. The relief is only be temporary, analysts warn.
UPS is considering "new pricing strategies," including targeted peak-season surcharge prices, after spending $200 million more than expected to deliver packages this holiday season.
Blue Dart Express is denying that its parent DHL Express Singapore Pte. Ltd. is negotiating to sell its holdings in the Indian subsidiary to U.S. e-commerce giant Amazon.
Three straight quarters of stronger U.S.
Brazilian container terminal operator Grupo Libra has opened a 30 million reais ($11.7 million) bonded warehouse and logistics park to serve the Port of Santos, the busiest container port in South America.