MCI’s new factory is the first facility for making refrigerated containers outside of China.
Survey: Retailers unprepared to handle holiday shipping
A Temando survey conducted by Research Now revealed that 76 percent of all retailers are not well prepared to handle shipping delays and uncertainty during the holiday season.
FWI: U.S. cargo theft value up despite decrease in volume
Cargo thefts in the United States were up 7 percent in value despite falling 18 percent by volume in the third quarter of 2015 compared with the second quarter, according to the FreightWatch International Q3 2015 U.S. Cargo Theft Report.
Heathrow export values increase despite falling throughput
Cargo throughput at Heathrow has remained relatively unchanged, but the value of UK exports via Heathrow has increased 9.7 percent over a 12-month period.
K + N gains two new customers at Dubai aerospace hub
The Swiss-based third-party logistics provider’s aerospace hub in Dubai Logistics City secured new contracts with Gulfstream Aerospace Corporation and Avtrade.
Mallory Alexander granted greater operating authority in China
The third-party logistics provider’s new license allows the company to operate as a full fledged forwarder after operating in China for several years on a limited basis as an NVOCC.
DHL Group net profits plummet nearly 90% in Q3
Deutsche Post DHL Group reported consolidated net profits of 49 million euros for the third quarter of 2015, an 89.5 percent year-over-year decline, which primarily resulted from a decline in earnings before interest and tax.
Labor, environmental organizations speak out against TPP
Leaders from the BlueGreen Alliance and its allies discussed four ways in which the Trans-Pacific Partnership falls short at a press teleconference yesterday.
A tale of two California ports
The Port of Long Beach set a record for container volumes in October, while the Port of Oakland reported declining overall volumes, but both ports reported a surprising lack of demand for imports by retailers.
FMC: U.S. exporters could benefit from China’s “One Belt-One Road” plan
Combined with the sweeping Trans-Pacific Partnership free trade agreement signed last month, the Chinese policy could help “ignite new trade,” according to Federal Maritime Commissioner Richard A. Lidinsky.