Supply chain industry executives see a slowing China and fluctuating oil prices as the top threats to emerging markets growth in 2016 and are bracing for more volatility in the global economy. In a new survey of more than 1,100 global logistics and supply chain executives, respondents identified the possibility of an “economic shock” as the leading risk for the Asia-Pacific region, reflecting concern that a slowing China could have a ripple effect on the region. Seven of the 11 Asia-Pacific … [Read more...] about Logistics execs fear “economic shock” from China contagion
Logistics
Logistics execs fear "economic shock" from China contagion
Supply chain industry executives see a slowing China and fluctuating oil prices as the top threats to emerging markets growth in 2016 and are bracing for more volatility in the global economy. In a new survey of more than 1,100 global logistics and supply chain executives, respondents identified the possibility of an “economic shock” as the leading risk for the Asia-Pacific region, reflecting concern that a slowing China could have a ripple effect on the region. Seven of the 11 Asia-Pacific … [Read more...] about Logistics execs fear "economic shock" from China contagion
Kerry Logistics wins inland port concessions in Myanmar
Kerry Logistics Network Limited has announced that its subsidiary, KLN (Singapore) Pte Ltd, has been awarded concession to operate inland ports in Yangon and Mandalay, two major commercial cities in Myanmar. In a bid to seize new opportunities for cross-border trade upon entering the Association of Southeast Asian Nations (ASEAN) Economic Community, the government of Myanmar has committed to developing the railway transportation potential and promote mass cargo transportation in the … [Read more...] about Kerry Logistics wins inland port concessions in Myanmar
DHL to pay $53m to settle price-fixing suit
DHL Express (USA) has agreed to pay US$53 million to resolve an antitrust class action accusing the express company and others of participating in an international price-fixing scheme, according to documents filed this week in New York federal court. If approved, the settlement would allow DHL to exit the long-running litigation filed in 2008. As part of the deal, DHL has agreed to aid the plaintiff’s claims against the lone remaining defendant, Hellmann Worldwide Logistics Inc., although a … [Read more...] about DHL to pay $53m to settle price-fixing suit
Amazon spotted in the air again, this time in Europe
Amazon has again been operating secret flights carrying thousands of packages, this time in and out of the UK for the past six weeks as it trials setting up its own air freight business, according to a report in the UK’s The Evening Standard. Amazon has been quietly operating the flights since mid-November using chartered B737s to fly between Poland, the UK and Germany. This latest report comes only months after it emerged that the e-commerce giant was quietly conducting tests of its own air … [Read more...] about Amazon spotted in the air again, this time in Europe
Schiphol Cargo publishes pharma logistics ebook
Pharma logistics professionals who succeed in transforming their supply chain will have a major impact on their organisation’s success and those who innovate best will position themselves to transform logistics from a cost centre to a true source of competitive advantage, is one of the main conclusions of a new book by Schiphol Cargo. The eBook, Vision Pharma Logistics 2020: Insights and practical advice, published by the dedicated cargo department of Amsterdam Airport Schiphol and features … [Read more...] about Schiphol Cargo publishes pharma logistics ebook