Liquor logistics lowdown

In early March, word trickled out that executives at the world’s biggest liquor supplier, U.K.-based Diageo, had taken a long look at the company’s supply chain and were hoping to ...

Replacing a legacy

ICAT Logistics earlier this year overhauled its information technology platform — a much needed development considering the company was working on a 12-year-old legacy system....

ECO ships worth it?

Ocean carriers are reaping big savings through slow steaming and using larger vessels, but a Germanischer Lloyd official said significant additional benefits can be realized throug...
EU adds 37 million euros to fight piracy
The money will be used to develop the legal system in the affected countries, strengthen financial oversight systems that could prevent the flow of money to pirates, share expertise and training, and provide security support.
Teamsters release details of tentative ABF contract
A 7 percent wage reduction, but no major cuts to health or pension benefits are amid the details of the tentative contract between the less-than-truckload carrier and its union drivers. A union vote on the proposal is set for June 3.
Stake in container manufacturer being sold
COSCO Pacific has entered into a conditional agreement to sell its 21.8 percent indirect interest in CIMC for $1.2 billion to Long Honor Investments Ltd., which today has a small 0.95 percent stake in the company.
CEVA takes revenue hit in 1Q
The third party logistics provider’s revenue dropped 6 percent, year over year, in the first quarter to 1.6 billion euros ($2.06 billion), and adjusted earnings dropped from 66 million euros to 31 million euros.
Research
Global Trade Management Landscape: Strategies Beyond Compliance
GTM is about more than just compliance – it’s about integrating the financial, regulatory, and transportation components of a supply chain through enhanced processes and the best people.

The report explores five challenges universal to global trade management practitioners today:
  • Visibility beyond basic track and trace.
  • Leveraging financial tools to create bottom-line benefits from GTM.
  • Recruiting, educating and retaining expert GTM practitioners.
  • Balancing the process management and technology sides of GTM.
  • Ensuring global compliance requirements are met.
Opinion
The long U.S. recovery via exports
By Walter Kemmsies, chief economist, Moffatt & Nichol

   Optimism is not abundant in this fifth year of recovery from the Great Recession. Employment, consumer spending, home sales and starts are past their worst points but have not yet recovered to their 2007 levels. Similarly, container volumes handled at ports, railcar volumes and truck tonnage are below their historic peak levels. Nonetheless, some types of activity like production and transportation of export commodities are at all-time highs...
Leading Carriers in the Med-Oceania-Med Trade
   The clear top-performer for the Mediterranean to Oceania trade route is MSC. Then following MSC is CMA CGM combined with their Australian subsidiary, ANL.
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