International Logistics

Kerry Logistics aims to tap growing trade between Asia and Oceania, and between Australia and New Zealand through a joint venture with a New Zealand-based global freight forwarding company.

Container lines will continue to expand their share of the refrigerated cargo market, but specialized reefer carriers can survive if they diversify and pick their niches carefully, Drewry Maritime Research says in its annual analysis of the reefer shipping market.

Air cargo out of Asia is seeing its first peak season in five years, and better capacity management among cargo carriers is set to push up freight rates into the last quarter.

FedEx
There really was a Christmas in July this year, at least in terms of increased global container business. That bodes well for North American trucking, intermodal rail and package delivery companies now preparing for an influx of freight ahead of the holiday season.

U.S Senate investigators said Wednesday that computer networks of transportation companies that work for the U.S. military were broken into 20 times in one year by hackers with links to the Chinese government, highlight the growing cyberattack risk to shippers and carriers.

Strong domestic volumes in the air and on the ground delivered double-digit profit growth for FedEx in the first quarter of its new fiscal year.

soybean fields
Low prices invariably generate increased demand, so exports of corn, soybeans and energy products derived from those commodities will do quite well in the coming year and beyond, said David Hightower, principal at Hightower Associates in Chicago and publisher of the Hightower Report on commodities.

China-Europe rail services continue to grow in popularity with DHL the latest forwarder to offer a new weekly scheduled block train from Suzhou to Poland.

Research firm Gartner identified 15 European companies with the best performing supply chains, based on metrics including inventory turns, return on assets and revenue.

In a sharp turnaround from previously proposed rules, forwarders and non-vessel-operating common carriers in the U.S. wouldn’t have to post larger bonds under the Federal Maritime Commission’s revised ocean transportation intermediary rule overhaul proposals.