Global Markets
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.
Construction Begins Near Port of Charleston
Lauth has begun construction of a modern cross-dock distribution building located minutes from Port of Charleston...
Reconnecting With Your Network
The rush to reduce costs in manufacturing and procurement fueled a surge in outsourcing and offshoring over the last decade that has almost taken on a life of its own...
Asia-Pacific Leveling After Soaring Growth
The condition of US and European markets is affecting export growth from the Asia-Pacific region...
Olympic Brown?
In its role as official logistics and express delivery sponsor of the 2008 Olympics in Beijing, UPS expects to deliver 19 million items by the end of the games...
Global Distribution Strategies--Asia
Kerry Logistics, UPS, Penske and Capgemini are among the featured speakers for the upcoming Global Distribution Strategies Asia Pacific event December 2-4, 2008...
California Container Fee Hits Snag
California Governor Arnold Schwarzenegger has said he would not sign the California-senate-passed bill that would place a $60 fee on loaded containers handled by California ports...
Averitt’s New Asian Service Promises Faster Transit Times
The carrier says that its less-than-container load (LCL) service offers transit times 10 days faster than traditional LCL moves. Called the Asia-Memphis Express, LCL service is tightly integrated with Averitt Express’ domestic less than truckload (LTL) network...
Customs Brokers File Tariff Exemption
The National Customs Brokers and Forwarders Association of America (NCBFAA) filed a petition with the Federal Maritime Commission (FMC) seeking an exemption from the requirement to publish rate tariffs...
Tropical Storm Forces Evacuations in China
China's official news service reported China's State Flood Control and Drought Relief Headquarters has launched a level-three disaster control emergency response to cope with tropical storm Kammuri...
The Continuing Challenge of Doing Business in China
Anthony Lau, president of the CILT in Hong Kong, noted that the Chinese mainland's rapid growth has increased Hong Kong's importance as a gateway between East and West...
Airlines to Pay Criminal Cargo Price Fixing Fines
These major international airlines have agreed with the US Department of Justice (DOJ) to plead guilty and pay criminal fines totaling $504 million for participating in a multi-year conspiracy to fix prices for air cargo rates. All plea agreements are subject to court approval...
Contractions and Distractions
It's sometimes difficult to separate which corporate and industry moves are driven by the times and which are the drivers....
Preliminary Agreement With West Coast Labor
The agreement is subject to ratification by the ILWU and PMA membership. In the interim, the ILWU and PMA have agreed to extend the previous agreement and resume normal port operations...
TNT June Express Volume Down
In the 10 years TNT has been publicly traded on the Amsterdam Stock Exchange, it has seen many rumors, said Peter Bakker, CEO. It is the company policy, he said, never to comment on market rumors. And with that, he began the earnings announcements for the first half and dismissed any possibility of even a hint on the veracity of a rumor that FedEx was seeking to acquire TNT...
More Air Mergers—Now British Air and Iberia are Talking
US-based airlines like Continental and United, Delta and Northwest, aren’t alone in seeking to join forces. In Europe, British Airways (BA) and Spain’s Iberia are holding talks about merging...
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