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Market news
Modern’s 9th-annual survey of the leading SCM suppliers finds that the market for supply chain software took a hit last year, but things are beginning to look up
All things considered, the global contract logistics sector has performed well in what has been the worst market environment for many years, according to market analyst firm Transport Intelligence
Spending on logistics across Argentina, Brazil, Canada, Mexico and the United States will increase by $106 billion by 2012, as the size of outsourced share of this expenditure grows by 32%, according to research compiled by business information provider Analytiqa
ASIA-Europe volumes continued their strong growth in May
Total U.S. logistics costs dropped in 2009, reflecting the effects of the recession and showing a significant decrease from 2008
THE scheduled container rail service from Chongqing to Hamburg and Amsterdam is likely to commence later this year with an expected transit time of 11 days, Xinhua reported
Rising demand increases pressure
The global logistics and express market will shake off the effects of the recession and reach $4 trillion by 2013, up from its current value of $3.5 trillion
The Containership Company has said it is delaying its Asia-Europe service because the European economic recovery does not look robust enough to absorb new capacity flowing into the trade lane
SHIPPING lines are already back in the black on the Asia-Europe trade, according to analysts, as freight rates have reached levels commensurate with those in the lead up to the financial crisis
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