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As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . For Maersk, June of 2016 was the breaking point. The Post-2016 Strategy: End-to-end Shipping.
As part of an extensive revision of VW Group’s management structure, Herbert Diess (pictured) is taking over from Matthias Müller as chairman of the board. Diess will also be responsible for VW Group development and research, as well as Vehicle IT.
The FMCSA is aiming to increase minimum carrier liability insurance levels in 2016, and is asking for input from both carriers and brokers. But, of course, inflation isn’t the only thing that’s changed since 1986. Changes here could have a major impact on the market. But this was set all the way back in 1986 and would be around $1.62
According to 2016 FAO data , more than 80% of palm oil was produced in just two countries: Indonesia (53%) and Malaysia (29%). million hectares of soy in the Amazon (40% of the total area) in 2016 had been native vegetation six years before. According to PRODES , the Brazilian government’s monitoring agency, some 1.8 tonnes to 2.9
Read What TLA Diploma graduates Have Benefited from Their Study : I can now handle my job with greater confidence after successful completion of course. Tong Yen Yen , Assistant Manager, HS Enterprise – Graduated from Diploma in IFM (R34) on 22 April 2016. Lewis Yeo, Operations Manager – Toll Logistics (Asia) Limited.
According to CB Insight research , supply chain technology funding skyrocketed in 2016, reaching over $5 billion dollars, more than 10X 2013 levels, and creating more logistics startups every year. So we spoke to some of Freightos’ investors to see what drew them to logistics (and, of course, Freightos specifically). #1:
Deutsche Post DHL Group can look back on another very good financial year. The Group’s operating profit climbed by 7.2% Group revenue was up by 5.4% Deutsche Post DHL Group has applied the IFRS 16 accounting standard with effect from the beginning of 2018. billion (2016: EUR 2.6 in 2016 to EUR 2.24
The most famous shortage, of course, was the toilet paper shortage, which was really more about a shift in usage and panic buying than production. Between 2016 and 2019, Amazon converted around 25 shopping malls into distribution centers. Over the last year, we have seen shortages of almost everything you can imagine.
2016 - $7 billion. Of course, these possibilities are not without potential problems. Talking appliances, self-guided maintenance programs, augmented reality and automated decision-making processes are all parts of a larger, connected group of machines. Conservative estimates of the future IoT’s value range from $1.4
A version of this article originally appeared in The Journal of Commerce (August 6, 2016). Irving Janis’ research shows that group decision-making can prevent people from assessing viable alternatives. Risks should of course, be contingent on opportunity and ability to execute. Technology and Culture. Going to the Cloud.
the forklift truck manufacturer which is part of the KION Group, is currently present in 52 countries and pursues the ambitious goal of being successfully represented in 86 markets in the EMEA economic area in the coming years. MV: Of course! Q: How important is it for you that Baoli is part of the KION Group? It definitely is.
Of course, it is helpful to have some statistics on hand to validate the statement above. This formula has enabled Whirlpool to endure and thrive in the 13 years since it set out to build an adaptive supply chain, but of course, the work never ends. If you want business success (and who doesn’t?),
But more blatantly than ever, container liners – and especially Maersk – are on a collision course with the tech companies that provide digital infrastructure for selling goods. The Loadstar found that Alibaba has a minority stake – by way of Cainiao – in Transfer , an ocean liner owned by Worldwide Logistics Group.
Whatever the case, this is the second year in a row that the average salary level dipped (in 2016, the average salary reached $98,440, which remains the high-water mark to date). That’s assuming you’ve got the regulatory background to succeed in that industry, of course, as well as the necessary skills a specific company might be seeking.
At its Annual General Meeting, KION Group reflected on a financial year in which the Group managed to navigate the coronavirus pandemic in robust shape: “The KION Group has remained on course even through choppy waters. “We are now better positioned than ever and remain on-track for growth.”
To date, energy policy pundits have been relatively silent to the 2016 Defence White Paper ’s acknowledgement of the strategic influence of energy supply chains and energy security on national defence. 1] Advanced fuel sources are distinct from renewable energy sources such as solar and wind power systems.
“Freight volumes are continuing to trend upwards at a solid rate by historical standards, helped by strong consumer confidence and robust global investment growth,” the group points out. Nonetheless, amid signs that manufacturing firms’ export order books are no longer growing, other demand drivers have softened over the course of the year.”.
In 2017, finished vehicle sales in the EU increased by only 3% over the previous year, compared with growth of 7% in 2016 and more than 9% in 2015, Opala points out. For example, BLG Group and STS Logistic have announced plans to jointly operate and develop Auto Terminal Slask in Dabrowa Gornicza, Poland. .
Potentially record-breaking holiday shipping is no surprise as retailers say they are on course to break sales records. FedEx is forecasting a delivery record between 380 and 400 million packages worldwide this holiday season.
The course will be delivered on campus at Leeds Trinity and at The Supply Chain Academy’s Upminster Court premises in Essex. The Apprenticeship has been in development since 2016 through an employer group led by Uniserve and was approved by the Institute for Apprenticeships last month. There are 25 apprentices in total.
To meet these objectives, Starbucks divided all its supply chain functions into three main groups, known as “plan” “make” and “deliver” It also opened a new production facility, bringing the total number of U.S. Reduce cost to serve. Lay the groundwork for future capability in the supply chain.
– General Angus Campbell, Chief of Defence Force (then Chief of Army), Chief of Army address to the Army Logistics Training Centre, 3 rd December 2016. Of course, Army must work with others in the logistics enterprise as this is a shared burden. A system designed and run by Army’s logisticians.’.
When asked what the drivers are for the annual gains in spot and contract rates, Montague explained that even a year ago the spot market was moving away from the low point of March 2016 and April 2016, noting that by the end of 2016 the spot market was tightening. Jeff Berman, Group News Editor. About the Author.
On an annual basis, rents in the fourth quarter of 2017 was up 5.4%, which came in lower than the 8% increase from the fourth quarter of 2015 to the fourth quarter of 2016. We have been gradually seeing this shift quarter-over-quarter through the course of 2017. Jeff Berman, Group News Editor. About the Author.
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And the region’s carriers made $8.8bn in combined net earnings over the course of 2017.
compared to 2016 to reach $165bn.
Andrew Herdman, AAPA’s director general, commented: “Overall, Asia Pacific carriers as a group achieved commendable earnings performance in 2017, with the solid 31.6% to $18.6bn.
The German company was set up in 2016 with the explicit mission of improving truck utilisation via the use of advanced data intelligence and a new business model it refers to as the ‘intelligent trucking network’. Of course, there are still price fluctuations, but they are decreasing daily. With every order, the algorithm learns more.
million square-feet, which CBRE said was down from an above average run from 2013-2016, but consistent with the quarterly average over the cycle that kicked off in 2010. The net absorption figure declined from 2016 to 2017 and is likely to do so again from 2017 to 2018 as well at about the same level. Jeff Berman, Group News Editor.
In the past few months, Konecranes delivered the reach stacker, model SMV 4531 TC5 HVT, and the empty container handler (ECH), model SMV 6/7 ECC 100 DS, to Mon Logistics Group in Bangkok. Of course, we want to maintain our quality and performance levels at the same time. which manages container deposits for Mon Logistics. “Of
Together, the two companies will work on engineering the convertible trailer over the course of the next 9-12 months and Changjiu Chuzhou will then start building it for its parent company and the wider Chinese market.
The information should immediately go to the transportation group so they can start to coordinate the capacity to move that freight. Of course, the cost is a factor in this regard. Pricing is the perpetual thorn in the side, of course, and it’s easy for one side or the other to take advantage when the conditions are right.
According to the Workplace Gender Equality Agency’s (WGEA) 2016-17 reporting data women made up just over a quarter of the transport, postal and warehousing workforce last financial year. Some of the companies supporting the Wayfinder program reported a percentage of women employees in the single figures for 2016-17.
To put that claim into some perspective, consider this data revealed by Gartner from research conducted in 2014: The research found that by this year (2016), 89% of companies expected to be competing primarily on the basis of customer experience. Just as customers are something on which your business depends, so is inventory.
Lynk & Co cars will be produced for the first time in Europe at Volvo’s plant in Ghent, Belgium, from late 2019, signifying closer collaboration between two companies within the Zhejiang Geely Holding group of China. “By Last year Volvo acquired a 30% stake in Lynk & Co, a volume brand launched by Zhejiang Geely Holding in 2016.
It noted that from 2015 to 2016 the driver shortage actually declined from 45,000 to 36,500. We experienced a ‘freight recession,’ last year [in 2016], which eased the pressure on the driver market. Jeff Berman, Group News Editor. About the Author.
And we are setting the course on innovation in a rapidly changing world; we need to innovate more – and organise with innovation in mind.” At the end of 2016, we realised that to come out of the PSA matrix was not easy,” says Nadal. “We ” – Luc Nadal, Gefco. Partners, unlimited. Gaining ground overseas.
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For the 2017 fourth quarter as a whole, YoY volume growth was 6.6%: “Impressive in the light of the fact that air cargo – after years of a lacklustre performance – started to grow again as from September 2016.”
WorldACD added: “We can safely call 2017 a real bumper year. .
“The exception?
He is the Founder and Group Managing Director of Logistics Bureau. Over the years you’ve managed to bring multiple management consulting firms and related businesses together under the Logistics Bureau Group umbrella. It was always the intention to have a Group with Logistics Bureau as the main pillar. What makes them tick?
That is a pretty good number, especially when considering back in January 2016, which is really not all that long ago, the ratio was checking in a 1.41. But things started to weaken in 2015 and 2016 and into early 2017, due to higher inventories. Jeff Berman, Group News Editor. Thus, companies overshot the inventory cycle.
“In South Florida, there are no reported issues with some of the smaller terminals and carriers such as Seaboard Marine or Crowley, they are doing an excellent job in turning around import and export loads, often with drivers spending less than 30-40 minutes in the terminal and of course no issues with demurrage,” he said. About the Author.
Of course, trade policy has become a wild card these days and can cause unpredictable impacts.”. What’s more, going back to the 2016 freight recession, IANA said that the intermodal market has increased at a rate of nearly 5% per year. Jeff Berman, Group News Editor. which it said will keep international strong long-term.
By Jeff Berman, Group News Editor ·. billion in May 2016. billion in May 2016. UPS added that it respects the course of the legal process but is unable to discuss any specifics relating to the claim at this time which is in the hands of the courts. Jeff Berman, Group News Editor. February 26, 2018.
“In South Florida, there are no reported issues with some of the smaller terminals and carriers such as Seaboard Marine or Crowley, they are doing an excellent job in turning around import and export loads, often with drivers spending less than 30-40 minutes in the terminal and of course no issues with demurrage,” he said. About the Author.
The broad-based recovery in global growth is encouraging, but this is no time for complacency,” World Bank Group President Jim Yong Kim said. Yet, some of these reforms will be resisted by politically powerful groups, which is why making this information about their development benefits transparent and publicly available is so important.”.
While the port celebrates the diversity of its workers, efforts have also been made to give the workforce something that unites them as a group. . Part of such rebranding, which commenced on September 24 th , 2016, was creating a new company logo with an inspiring meaning. We operate as a global terminal network.
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