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Canada to speed up cargo screening

Canada to speed up cargo screening

July 1, 2015 at 4:58 pm 0 comments

As Canada celebrates its birthday today, the nation’s transportation regulatory agency, Transport Canada, has announced that it has streamlined its air cargo screening requirements to enhance efficiency of the overall supply chain. Yesterday, Lisa Raitt, Canada’s Minister of Transport, said “approved shippers” will now be able to screen airfreight atRead More

June Stifel index gives airfreight an advantage

June Stifel index gives airfreight an advantage

June 30, 2015 at 7:43 pm 0 comments

Airfreight seems to have the edge on seafreight demand, per the June Stifel Logistics Confidence Index (LCI). Strong airfreight demand drove the LCI to 55.6 points in June 2015, a 0.1 point rise over the same month last year. Meanwhile, the seafreight index for June 2015 fell by 0.9 pointsRead More

e-AWB adoption a slow climb

e-AWB adoption a slow climb

June 30, 2015 at 7:29 pm 0 comments

With IATA’s goal of 45 percent use of electronic air waybills (e-AWB) by the end of this year, the cargo industry has some room to improve. IATA reported some good news in May, with a 27.9 percent e-AWB penetration rate, an increase of 2 percentage points over the previous month,Read More

Yusen Logistics expands operation at Heathrow

June 30, 2015 at 5:07 pm 0 comments

With an emphasis on the expanding markets of food and pharmaceuticals, Yusen Logistics has opened a new high-security, temperature-controlled warehouse minutes from London Heathrow Airport. Global logistics provider Yusen Logistics has equipped the facility with new cargo-handling technology, able to process increased volumes of aircraft pallets. The operation is accreditedRead More

FedEx-TNT ruling expected Aug. 3

FedEx-TNT ruling expected Aug. 3

June 30, 2015 at 4:57 pm 0 comments

The Federal Express-TNT merger appears on track as European antitrust regulators said Monday that they will rule by Aug. 3 whether to clear the way for FedEx’s $4.9 billion bid for TNT Express, reported Reuters. TNT has an extensive road network in Europe, which is expected to marry well withRead More

The Break-in: Entering the Chinese market

The Break-in: Entering the Chinese market

June 29, 2015 at 11:03 pm 0 comments

The No. 877 bus ride from Beijing to Badaling, the Great Wall of China’s most popular tourist site, is about 50 miles long and normally takes an hour on the Badaling Expressway. As the bus pulled out of the station near Denshengmen Bus Station, in the northern part of BeijingRead More

How to enter the Chinese forwarding market

How to enter the Chinese forwarding market

June 29, 2015 at 10:55 pm 0 comments

Since China joined the World Trade Organization (WTO) in 2001, many of the old Communist-era restrictions for setting up business have been removed. For some logistics companies, the largest barriers to entry come not from Chinese red tape but from other Western competition. “Most of the big forwarders are alreadyRead More

FedEx-TNT ruling expected Aug. 3

FedEx-TNT ruling expected Aug. 3

June 30, 2015

The Federal Express-TNT merger appears on track as European antitrust regulators said Monday that they will rule by Aug. 3 whether to clear the way for FedEx’s $4.9 billion bid for TNT Express, reported Reuters. TNT has an extensive road network in Europe, which is expected to marry well withRead More

Canada to speed up cargo screening

Canada to speed up cargo screening

July 1, 2015

As Canada celebrates its birthday today, the nation’s transportation regulatory agency, Transport Canada, has announced that it has streamlined its air cargo screening requirements to enhance efficiency of the overall supply chain. Yesterday, Lisa Raitt, Canada’s Minister of Transport, said “approved shippers” will now be able to screen airfreight atRead More

June Stifel index gives airfreight an advantage

June Stifel index gives airfreight an advantage

June 30, 2015

Airfreight seems to have the edge on seafreight demand, per the June Stifel Logistics Confidence Index (LCI). Strong airfreight demand drove the LCI to 55.6 points in June 2015, a 0.1 point rise over the same month last year. Meanwhile, the seafreight index for June 2015 fell by 0.9 pointsRead More