Global Markets | News, trends, insight, opinions that impact international logistics
Global Markets includes news, trends, insight and opinions that impact international logistics, including: Regions (North America, Europe, China/India/Asia, Pacific Rim, South and Central America), Ports/Airport/Free Trade Zones, Infrastructure/Capacity, Trade Policy/Regulations, and Trade Flows.
Asia-Pacific Eclipses North America as Largest Aviation MarketIn 2009 intra-Asia-Pacific travel eclipsed the number of travelers in North America as the world’s largest aviation market. Asia-Pacific’s travelers numbered 647 million compared to the 638 million who travelled within North America. By 2013 an additional 217 million travelers are expected to take to the skies within Asia-Pacific... Wal-Mart Launches New Global Sourcing ProgramRetail giant Wal-Mart Stores Inc. has created a consolidated global sourcing structure centered around new Global Merchandising Centers (GMCs). This new structure is expected to leverage the company’s global scale in both general merchandise categories and global food sourcing... TNT Express Deploys RFID Solution to Improve European OperationsTNT Express has deployed an RFID solution from AeroScout to automate its inventory management. The solution is designed to help TNT improve operations and prevent delivery delays by optimizing the inventory management of 16,000 assets across 200 depots in 29 European countries... Global Air Freight Suffers Worst Demand Decline in HistoryDemand statistics for international scheduled air traffic showed the industry ended 2009 with the largest ever post-war decline, according to IATA. Air freight showed a full-year decline of 10.1% with an average load factor of 49.1%... IATA and DHS Agree On Aviation Security CooperationAt a recent summit on aviation security, the International Air Transport Association recommended institutionalizing government/industry cooperation. This, IATA says, would allow security policies to be written with the benefit of airline operational expertise... Global Container Freight Rates Are IncreasingAverage global container freight rates were up 18% between July and September 2009, and rose by another 6% between September and November 2009, according to consulting firm Drewry. However, recent average global freight rates in late 2009 were still about 20% below the peak of 2007... FedEx Launches 777 Express Service from ChinaFedEx Express is introducing Boeing 777 Freighter (777F) service in Shanghai, mainland China. The new 777F directly connects Shanghai with the FedEx SuperHub in Memphis, Tenn. and will provide customers in Shanghai, Suzhou and Kunshan with a two-hour improvement in cut-off times in select areas... UPS Expands Its Service Parts Logistics Network in ChinaUPS plans to increase its global service parts logistics network by establishing 101 new field stocking locations in China... TradeBeam System Promotes Free Trade in ChinaTradeBeam’s Global Trade Compliance technology has been chosen by The Ministry of Commerce for China’s new Free Trade Agreement Duty Rate Query System. The system enables Chinese foreign trade enterprises to explore free trade options... From Russia With LogisticsRussia is shaping up to be a land of opportunity for those willing to take a look and seize the opportunity. But make sure you are educated regarding your options, informed about how to leverage your investment, prepared to achieve competitive advantage and strategically partnered with the proper players... |
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