The freight transportation analyst said its Shippers Conditions Index is at its highest sustained level since 2011, but conditions for shippers should reverse in 2017, as fuel prices increase and regulatory drag tightens capacity.
TIME IS OF THE ESSENCE WHEN IT COMES TO ONLINE SHOPPING
While the trend in e-tail continues its move towards mobile capabilities, a recent study by Demandware found that customers spend longer on e-commerce sites when accessed through laptops or desktop computers. The study, based on information gathered th…
Hanjin to off-hire 38 charter vessels by 2017
The struggling South Korean shipping line plans to return 20 containerships and 18 bulk vessels when their charters expire this year and next as the latest step in its cost cutting and restructuring efforts.
Executive Moves: DB Schenker and Canadian Airports Council
DB Schenker appoints senior finance and HR executives for North America team, while the Canadian Airports Council elects new chairman.
Stimson: Brexit could impact more than just UK trade
The United Kingdom’s vote to leave the European Union last week could have implications for the Transatlantic Trade and Investment Partnership between the U.S. and EU, as well as the Trans-Pacific Partnership, according to experts at the Stimson Center.
Gartner buys SCM World
The global technology analyst firm acquired SCM World, which has focused on building a forum and network of supply chain officers from the world’s largest companies.
Japanese liner carrier CEO’s see approval ratings fall amid weak industry
At Kawasaki Kisen Kaisha Ltd.’s shareholder meeting last week, votes against CEO Eizo Murakami surged threefold to 330,094 from last year.
Damco launches control tower orchestration program
The third-party logistics provider has released a new control tower orchestration program aimed at allowing its customers to evolve to handle supply chain optimization through a single platform.
E2open builds demand capability with Orchestro deal
The supply chain management software provider’s acquisition of Orchestro, a maker of point-of-sale software, complimented a deal earlier this year for demand sensing firm Terra Technology.
Maritime groups provide revised VGM FAQs
A collection of maritime industry groups on Monday released a revised set of frequently asked questions to support smooth implementation of the container weight rule scheduled to take effect Friday.