SPAR International is to open 300 new convenience stores in Thailand with the help of DHL Supply Chain. DHL will be responsible for end-to-end transport, distribution and warehousing services across Thailand. The food retail chain will use DHL’s Bangna Logistics Campus for ambient warehousing and distribution, and its Klong Prapa warehouse for handling frozen goods. […]
The UK could try to boost its economy through trade with emerging markets if it is unable to preserve the basic outlines of its current relationship with European Union trading partners, according to Agility’s Mid-Year Emerging Markets Review. And the report, prepared by Transport Intelligence, warns that Brexit could leave key emerging markets exporters, such […]
300,000 sq ft of new logistics space will be developed in Hannover, Germany, on a build-to-suit basis. The development will be located in the industrial Brink-Hafen area of the city. Baytree Logistics Properties will develop the new site.
XPO Logistics expects revenue to grow by between 7 per cent and 7.9 per cent in the second quarter, the group said in a trading statement. “Based on the information available as of 17th July 2017, we currently estimate that our financial results for the three months ended 30th June 2017, will include total revenue […]
Progress in raising ethical standards in global supply chains has stalled in many places, a new study by the Economist Intelligence Unit has revealed. It found that less than a quarter of global businesses address climate change and child labour in their supply chains. And it highlighted the fact that while four out of five […]
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Volumes and demand continue to be low with no signs of improvement any time soon. As larger carriers struggle with YOY losses for the second quarter in a row, LTL is trying to remain tight-lipped about possible causes of weak demand. Concerns and questions are being raised as to how the carriers will respond to this downturn. The cost of living is on the rise and as inventories are sold off from the congestion dating back to March of 2015, demand may soon be on the rise again. Carriers are not adding in new trucks to their fleets, which could cause issues in the long run if demand goes back on the rise again.
The announcement of Hanjin's bankruptcy last week has shocked the ocean network and raised questions and concerns from shippers throughout the world. Many containers are at a standstill, several ships are anchored off shore, and some crews are without food and water until a resolution is found. South Korea's government and some carriers have offered to take up parts of their debt in order to process orders and gain some market share from Hanjin. Unfortunately, their financial losses and debts have forced ports to turn their cargo away until contracts are solidified and a resolution is found. While it's no surprise that some stand - alone carriers like Hanjin are folding, what events led up to their demise, and how will things affect shippers in the future?