A big jump up: Austria as a logistics location has risen from 22nd to 7th place in the World Bank’s recently published logistics performance index (LPI). A total of 160 countries were surveyed by the US-based financial institution. Upper Austria’s chamber of commerce calculated that the country’s logistics industry directly delivers around EUR 8.6 billion […]
DHL, one of the pioneers in drone delivery services, invited private end-customers to test out the fully automated parcelcopter skyport. The Bavarian community of Reit im Winkl in Germany was the setting for the company’s three-month test at the beginning of this year of its third generation parcelcopter. A total of 130 autonomous loading and […]
The trucking industry invests at least $9.5 billion in safety annually according to a landmark report released Wednesday by American Trucking Associations. “We know that this industry prioritizes and invests in improving safety on our nation’s highways,” said Dave Osiecki, ATA’s executive vice president of National Advocacy. “With the results of this survey, we now […]
UPS announced service enhancements in central and southern areas of Changhua County, designed to help importers and exporters better connect to a global marketplace. “The rise in demand for the Internet of Things (IoT), smart devices and drones have significantly contributed to the US$335.2 billion semiconductor industry in 2015². As a major contributor to the […]
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday on stronger rates across all vessel sizes. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 15 points, or 2.11 percent, at 726 points. The capesize index rose 23 […]
Experts reckon that ZTO Express, a Chinese logistics firm, has submitted a filing in New York seeking clearance for an initial public offering (IPO). The logistics provider aims to raise between USD1 billion and USD 2 billion. ZTO Express is a partner of China-based Cainiao Network logistic, an arm of the e-commerce giant Alibaba Group. […]
Handling a ship in congested or high traffic areas is not an easy task. Congested waters are high density traffic areas where a vessel is likely to collide with another vessel if ship navigation is not carried out in the right manner. As there are several vessels present in the vicinity, chances of collision or […]
The number of available loads on the spot truckload freight market rose 7 percent during the week ending July 16, well below the 20 percent expected following a holiday-shortened workweek, according to DAT Solutions, which operates the DAT network of load boards. Truck posts increased 37 percent and load-to-truck ratios dropped for all equipment types: […]
As of July 1, shippers and freight forwarders are required to verify the weight of a container before the container is loaded onto a ship. The Netherlands’ Ministry of Infrastructure and the Environment recently published the Dutch interpretation of the international regulations. Partly on the advice of Transport and Logistics Netherlands (TLN), freight forwarders association […]
The Gulf of Guinea is understood to be the most dangerous region in the world for seafarers at present. The growth of piracy in that region has been considerable, according to Stuart Edmonston, head of loss prevention at UK P&I Club, who presented the case together with Hellenic War Risks and Terra Firma Risk Management. […]
