The grim reality is that since the new HOS rule became effective, trucking stakeholders are experiencing losses between 3 percent and 9 percent, with many more shippers anticipating that the deficit to be in the upper end of that range.
Japan's SBS Group to acquire 66% stake in Transpole Logistics Business Standard Japan's SBS Group will acquire a controlling stake in domestic logistics firm Transpole Logistics for an undisclosed amount.
Reuters ir France-KLM Cuts Profit Target on Overcapacity, Cargo Businessweek Compounding the drop is a “persistently” weak cargo demand as well as the situation in Venezuela, which Air France-KLM called “challenging.” Air France-KLM took a charge...
The logistics demands of home delivery and a shopping explosion in emerging markets are revolutionizing the contract logistics field, according to Transport Intelligence’s new Global Contract Logistics 2014 report.
Myanmar to implement automated cargo clearance Eleven Myanmar The Customs Department plans to create an automated cargo clearance system with financial aid from Japan to help speed up the checking of containers and other cargo.
Pakistan Railways to add 100 new locomotives for freight trains Daily Times The official said that administrative discipline, reduction in fare, restoration of freight trains, transparent selling of scrap and revenue collection from other...
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India is to open up its dilapidated colonial-era railway network to foreign investors in one of recently elected premier Narendra Modi’s first moves to meet election promises of boosting economic growth and strengthening infrastructure in the
The U.S. will remain the world’s biggest oil producer this year after overtaking Saudi Arabia and Russia as extraction of energy from shale rock spurs the nation’s economic recovery, Bank of America Corp. said.
Poor logistics pushing up food prices Peninsula On-line Al Khalaf added: “With a state-of-the-art new airport and an upcoming seaport, we cannot continue leaving the country's food security at the mercy of others due to a lack of enough warehouses...
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