The Stifel Logistics Confidence Index saw a fourth consecutive month of decline in September. While the Index, at 51.5, remains above the neutral 50 mark, times may be gloomier that the numbers alone suggest, according to the Index's authors. Not only has the Index reached its lowest point in some 26 months, it also recorded its fastest pace of decline since June 2014, a 2.6 point loss against the 54.1 recorded in August. September's most concerning figure comes from the Logistics Situation … [Read more...] about Stifel Logistics Confidence Index sinks to a 26-month low
Logistics
Jan de Rijk boosts cold chain focus with Omega buy
With a distinct aroma of acquisitions in the air recently following major logistics consolidation emanating out of US-based XPO Logistics, Netherlands-based Jan de Rijk Logistics Group has scooped up fellow compatriot Omega Logistics as it seeks to expand is reach into temperature controlled logistics. Jan de Rijk announced that from 15 September, it has acquired 100 per cent control of Omega Logistics, based in the Netherlands. Omega Logistics is a niche player with a temperature controlled … [Read more...] about Jan de Rijk boosts cold chain focus with Omega buy
TAPA launches global campaign in face of rising cargo crime
As cargo crime continues to rise, the Transported Asset Protection Association (TAPA) is launching a global campaign to double the number of TAPA-certified warehouse facilities to over 2,000 in Europe, the Americas and Asia Pacific in the next three years and to make a ‘quantum leap’ in the number of trucking companies operating in compliance with the Association’s Security Standards. The rising problem of cargo crimes was highlighted by statistics from TAPA’s EMEA (Europe, Middle East & … [Read more...] about TAPA launches global campaign in face of rising cargo crime
Saudi-based Hala opts for Kale’s CORVI
Hala Supply Chain Services (Hala SCS) has opted for Kale’s CORVI Freight Management system to be able to better serve its customers through operational control, business visibility and following industry best practices across its locations. Kale’s freight management software – CORVI – offers an integrated web-based enterprise application to global forwarders. The system will act as a single window solution for all the business automation requirements at Hala SCS covering Clearing and … [Read more...] about Saudi-based Hala opts for Kale’s CORVI
K+N scores major US cold chain logistics deal
Ortho Clinical Diagnostics, one of the world’s leading providers of in vitro diagnostic products and services, has awarded an exclusive six-year contract to Kuehne + Nagel to manage its complex cold and temperature-controlled warehousing and distribution requirements in the US. The Kuehne + Nagel Memphis operation is considered to be one of the largest cold chain logistics premises ever designed by a third party logistics provider on behalf of a specific client. As part of an ongoing supply … [Read more...] about K+N scores major US cold chain logistics deal
Agility opens pharma competence centre in Brazil
Agility, a leading global logistics provider, has opened a Pharmaceutical Competence Centre in Sao Paulo, Brazil. The dedicated facility will offer pharma companies world-class solutions and industry know-how in pharmaceutical and life sciences logistics, the company said. The Agility Pharmaceutical Competence Center is managed by Agility experts trained in the benchmark Good Distribution Practice (GDP) standards developed by the World Health Organisation and European Union. Strict adherence … [Read more...] about Agility opens pharma competence centre in Brazil