Supply chain

Growth in Asia will drive the world economy and prompt an acceleration of global trade growth in the decade ahead, according to a new report from HSBC.

ANAHEIM, Calif. — The competition among ports in the U.S., Canada and Mexico for Asian cargo is not a zero-sum game, but rather a matter of each port capturing market share based on what it does best.

Container freight shipping company Evergreen Line recently announced a general rate increase for reefer cargo, effective Jan. 1, 2013.

Truck leasing company Ryder System’s fleet of 250 natural gas vehicles today surpassed a milestone of 6 million miles.

Eighty percent of logistics providers and freight forwarders reported slight business expansion in the last two years, and more than 75 percent expect that growth to continue into 2013...

With the U.S. and Europe struggling to escape recession, and China’s stellar economy displaying signs of exhaustion, it’s tough to find a region of the world that’s thriving on the logistics front. But here’s a hint: Follow the money — the oil money, that is.

Logistics provider Agility reported its profit in the third quarter was 9.8 million Kuwaiti dinars (about US $34.7 million), jumping 21 percent from $28.4 million in the third quarter of 2011.

Challenges in supply chains, such as shifts in global sourcing and new and multiple channels to market, are likely to cause a switch to multi-location distribution networks, said Peter Ward, cargo supply chain commercial manager at DP World London Gateway...

Hickory, N.C.-based logistics provider Transportation Insight recently appointed Chris Baltz, formerly chief strategy officer, to president and CEO; and Laura Easley, formerly chief solutions officer, to chief operating officer.

U.S. poultry exports in the first three quarters of 2012 were valued at $4 billion, increasing 14 percent from the same period in 2011 and setting a new year-on-year record, according to data from the Foreign Agricultural Service...

Transportation and supply chain company OIA Global recently acquired International Transport Services, a Cleveland-based transportation and warehousing provider.

Supply chain provider Yusen Logistics recently added a less-than-containerload service from Taiwan to Los Angeles.

The U.S. House of Representatives recently approved legislation to ensure the U.S. will not participate in a European Union plan to tax aircraft operators and air carriers for emissions when flying into or out of the EU.

India will be the fastest growing market for U.S. exports in the future, according to a report recently released by HSBC Commercial Banking.

When the George W. Bush administration signed the Central America Free Trade Agreement in 2004, skeptics were assured the new pact would expand trade and foreign direct investment between the U.S. and six of the least industrialized countries in the Western Hemisphere.

UPS is upgrading its global ocean and air freight forwarding product, UPS Supplier Management, with the introduction of UPS Order Watch, a cloud-based technology platform...

Import cargo volume at the nation’s major retail container ports is expected to increase 5.9 percent, at 1.37 million 20-equivalent units, in November...

The partners Samskip Multimodal Container Logistics, Visbeen Transport Group and Post-Kogeko Logistics recently transformed reefer company Coolboxx into a 45-foot container rental company, which was approved by all partner’s board of directors.

Rijkswaterstaat, the executive arm of the Dutch Ministry of Infrastructure and the Environment, recently signed a “design, build, finance, maintain” contract with Royal Boskalis Westminster, VolkerWessels, Hochtief and DIF...

With a pro-free trade Congress and two major pacts on the horizon, Obama can get aggressive in opening up markets for U.S. importers and exporters.

Transportation and supply chain management company Jaguar Freight Services, founded in New York and London, recently named Markus Ellenbeck as director of operations for Jaguar Americas.

CaroTrans today announced four new less-than-containerload direct services from China, including Shanghai, Ningbo, Shenzhen and Hong Kong; to Valparaiso, Chile.

Hong Kong’s Census and Statistics Department today reported that the region’s volume of exports of goods in September increased 13.6 percent from September 2011.

Canada-based marine and environmental services provider Logistec Corporation recently reported income in the third quarter, ending Sept. 29, was $8.7 million, dropping 40 percent from $14.4 million in last year’s third quarter, ending Sept. 24.

Freight forwarding company Radiant Logistics reported its income in the first fiscal quarter, ending Sept. 30, was $403,153, a drop of 38 percent from last year’s profit of $655,027 in the first quarter.

The European Commission has proposed suspending the inclusion of international aviation in the European Union Emissions Trading Scheme...

Hong Kong-based logistics provider Toll Global Forwarding recently promoted Geoff Partridge, operations director, to managing director of South African operations.

The National Chicken Council, National Turkey Federation, U.S. Poultry & Egg Association and USA Poultry & Egg Export Council and more than 500 other organizations under the Coalition for U.S.-Russia Trade recently called on Congress to quickly approve the enactment of permanent normal trade relations with Russia.