Trade & Logistics News

Top 50 Trucking Companies: Only the Strong will survive

 Trucking is a "scary" industry to be in right now. But top trucking executives say the economic downturn is no time to cut corners on service as they cope with industry overcapacity and shippers expecting rock-bottom rates.


The World's Top Ten 3PLs in 2008:

1. DHL (Supply Chain and Global Forwarding)
2. DB Schenker Logistics
3. Kuehne Nagel, Inc.
4. Panalpina, Inc.
5. UPS Supply Chain Solutions
6. CEVA Logistics
7. C H Robinson Worldwide
8. Geodis
9. DSV Solutions Holding
10. Agility

Al Madina Logistics strives for supply chain excellence with Exactus Solutions

Business Systems Group (BSG), the regional competency center for Exactus Systems Inc., announced that Al Madina Logistic Services (AMLS), a leading Omani logistic services provider has selected Exactus' Solution to manage its Distribution, Transportation and Freight business in the region.


Just as World Trade Slows, Here Come the Megaships

Ocean Carriers Placed Orders Years Ago as Trade Volumes Soared; Capacity will put Continued Downward Pressure on Rates

As global trade volumes soared across the world, ocean carriers, often pinched for capacity and seeking to capture a larger share of the market, worked with busy ship builders to design new “mega-ships” that are capable of handling 10,000 or more shipping containers.


Logistics News: Will Cost Pressures Drive more Companies to Outsource Logistics Functions?

Hungry 3PLs may Sign Low-Ball Deals to Get the Work; IBM Sells its Logistics Operations to New Lead Logistics Provider

In tough economic times, will companies be increasingly tempted to outsource logistics and distribution operations?


2009 State of Logistics: Collaboration Time

The 20th Annual State of Logistics Report finds that conditions have worsened beyond last year's forecast. But as dismal as the numbers are, shippers are advised to renegotiate rates and lock in carriers now. Above all, the two parties shouldn’t lose sight of the dependence they have on one another.