The annual US Council of Supply Chain Management Professionals (CSCMP) 'State of The Logistics Nation' report has described an American logistics sector hit badly by the recession, yet uncertain about the nature of the recovery. The report noted that logistics spend in the US saw a big fall in 2009 accounting for 7.7 per cent of GDP contrasting with the 9.3 per cent seen in 2008. This number has never fallen below 9 per cent in the past 5 years or below 8 per cent in the past decade, with the … [Read more...] about US logistics markets gripped by uncertainty
Logistics
Geodis Wilson makes record breaking move
Performed by the crew of a giant Antonov AN-225, the biggest aircraft in the world, Geodis Wilson managed the transportation of two wind turbine blades for customer LM Wind Power. With a length of 42.1 metres, the blades are said to be the longest cargo pieces ever flown by an aircraft. Geodis Wilson's Industrial Projects division has established a specialist team to handle wind energy logistics, and the record-breaking transportation involved a full turnkey operation including inland … [Read more...] about Geodis Wilson makes record breaking move
China will be biggest manufacturer in 2011
The US is poised to lose its 110-year run as the world's largest manufacturing nation by output, in 2011 to China, according to IHS Global Insight figures released recently. The US created 19.9 per cent of world manufacturing output last year, compared with 18.6 per cent in China, despite the global downturn. According to IHS, a US-based economics consultancy, goods output by the US totaled US$1.7 trillion, ahead of China at US$1.6 trillion. However China's factory output in 2011 will reach … [Read more...] about China will be biggest manufacturer in 2011
Globalink opens new Dubai Freezone facility
Globalink Logistics Group has announced the opening of new air freight facility at the Dubai Airport Freezone (DAFZA) in Dubai, UAE. Strategically located inside the Dubai Airport and next to the Dubai Airport Customs Terminal, the new air freight facility at DAFZA will enable Globalink Dubai to further enhance air freight, sea-to-air and air chartering operations to/from UAE, the company said. Globalink DAFZA also offers dangerous goods and perishables handling services. … [Read more...] about Globalink opens new Dubai Freezone facility
Agility attains TAPA cert for two facilities
Agility has announced that two of its Malaysian facilities, including a logistics hub facility within its first year of operations, have attained Transported Asset Protection Association (TAPA) certification. The logistics hub facility in Bukit Jelutong, Shah Alam and the Finished Goods Hub for Hi-Tech Operations in the Sungai Way Free Industrial Zone in Petaling Jaya attained a warehouse classification level A. … [Read more...] about Agility attains TAPA cert for two facilities
Agility’s first quarter profit plummets
Kuwait-based global logistics company, Agility has reported a drop in first quarter net profit by 52 per cent from a year ago to KD17.5 million (US$60.1 million) and warned future earnings will suffer from the loss of US military contracts in the wake of fraud charges. Revenues during the period fell 14.4 per cent to KD403 million as compared to the previous quarter. Agility, which has been accused of over-charging the US military during nearly a two-year period under contracts to supply … [Read more...] about Agility’s first quarter profit plummets
