Articles
Global Logistics
Reducing CO2 Emissions: Close But No Cigar
Carbon dioxide emissions from 22 of the world’s leading ocean container carriers, representing 85 percent of global containerized shipping, continued to fall in 2017, but more innovation and collaboration across the value chain are needed to achieve ambitious global climate goals, reports BSR’s Clean Cargo Working Group. The Clean Cargo Working Group compiles its annual […]
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TradeLens Caps Blockchain Initiative
In an effort to apply blockchain to the world’s global supply chain, Maersk Line and IBM have collaborated to develop TradeLens, a blockchain-enabled shipping solution to promote more efficient and secure global trade, bring together supply chain partners to support information sharing and transparency, and encourage industry-wide innovation. To date, 94 companies are actively involved […]
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Is Asia The New Bermuda Triangle?
Large shipping losses declined by 38 percent globally over the past decade, but losses in Asia rose year-on-year, with incidents in the South China, Indochina, Indonesia, and Philippine maritime regions rising 25 percent. That makes Asia the top area worldwide for major shipping incidents in the past decade, leading it to be dubbed the "new […]
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In Iceland, There’s No Place Like Drone
Consumers in Reykjavik, Iceland, will soon just have to walk out their back door to receive their packages. Drone technology company Flytrex, in partnership with Aha.is—Iceland’s largest online marketplace—launched 13 new routes for an autonomous on-demand urban drone delivery service to serve nearly half of Reykjavik. The upgraded service also includes an advanced “InAir” wire-drop […]
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Europe Stays in the Loop
Virgin Hyperloop One will open a $500-million Advanced Technology Development and Testing Center in Spain, the company’s first European development facility. In return for this investment, Virgin Hyperloop One will receive 126 million euros in public aid through loans and grants to help establish the new center, advance its technology development and testing, and stimulate […]
Read MoreChewing the VAT
“Filing VAT returns on time is crucial to your business,” warns Mohammed Fathy, general manager of Al Dhaheri Jones & Clark. “A delay can not only cause a huge amount of stress, but also threaten your entire business should you fail to comply.” Value-added tax (VAT) is a consumption tax that applies to all goods […]
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DP World Extends Services to Europe with Unifeeder Acquisition
To expand its presence in Europe, Dubai port operator DP World acquired Danish logistics company Unifeeder from Nordic Capital Fund VIII and certain minority shareholders for $765 million. The aim is for DP World to boost its presence in the global supply chain and broaden its product offering to shipping firms and cargo operators, according […]
Read MoreItaly’s Ritrama Sticks a Landing in SC
Ritrama, an Italian multinational self-adhesive materials producer, chose Ferretto Group’s technological solutions for its new automated warehouse located in Spartanburg, South Carolina. The structure spans an area of more than 5,000 square meters, and is equipped with six stacker cranes with different pick-up tools. Currently in use for about 70 percent of the warehouse, the […]
Read MoreA Sweet deal: Nestlé, XPO Build Digital Warehouse
Nestlé, the world’s largest food and drink company, and XPO Logistics, a global provider of transport and logistics solutions, are co-creating a 638,000-square-foot distribution center at the new SEGRO East Midlands Gateway Logistics Park in Leicestershire, UK. Nestlé will predominantly occupy the facility, a digital warehouse of the future, for its consumer packaged goods. The […]
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Fresh Fish Shippers Breathe Easy
The world’s only approved airfreight oxygen delivery system will revolutionize live seafood transportation throughout continental Europe and the UK through an agreement between FloatPac, the owner of FishPac live seafood oxygen transport systems, and LipFish AS, based in Troms, Norway. Lipfish currently has its first 42 units on the water for delivery to Norway, with […]
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