Liner shipping has had a torrid time so far in 2016, with spot freight rate volatility reaching unprecedented levels.
July 6, 2016
Container freight rates are forecast to rise modestly over the next 18 months from the all-time lows reached recently, but this will not be sufficient to rescue the industry from substantial losses in 2016.
The show included nearly 13,000 key decision-makers representing the world’s perishable supply chain, including produce, logistics, fresh-cut flowers, temperature-controlled warehousing and food processing and manufacturing.
July 6, 2016
The inaugural Global Cold Chain Expo, which took place June 20-22 at Chicago’s McCormick Place, was a success, with over 1,200 cold chain professionals from 18 countries in attendance.
The report reveals total U.S. business logistics costs rose to $1.48 trillion in 2015, a 2.6% increase from the previous year.
June 22, 2016
The Council of Supply Chain Management Professionals (CSCMP), Lombard, Ill., released its 27th Annual State of Logistics Report, which was produced in collaboration with global strategic management consulting firm, A.T. Kearney, Chicago, as the author and researcher, and Penske Logistics, Reading, Pa., continuing in its longstanding role as top supporter of the report.