The Stifel Logistics Confidence Index has reached its 14th consecutive month of negative confidence, with the numbers suggesting this will continue into 2017. “As reflected by the performance of the Index, global trade remains at a low ebb, as it has for some time,” the Ti-composed Stifel Logistics Confidence Index said. While the ocean shipping industry continues to struggle with its overcapacity issue the one bright spot at present is the performance of air freight, it … [Read more...] about Logistics index hits 14th negative month
Logistics
Vladimir Zubkov to be TIACA’s new secretary general
The International Air Cargo Association (TIACA) has announced its new secretary general, will be Vladimir Zubkov, replacing Doug Brittin, who retires at the end of the year. Zubkov has more than 40 years’ experience in the air transport industry, including senior roles with the International Civil Aviation Organisation (ICAO), and, most recently, as vice president of the Volga-Dnepr Group of Companies. He has been a member of the TIACA Board since 2011 and is the chairman of the Industry … [Read more...] about Vladimir Zubkov to be TIACA’s new secretary general
3D printing’s greatest impact on spare parts logistics: DHL
DHL released its latest DHL Trend Report today – ‘3D Printing and the Future of Supply Chains’ which has identified a potential for disruptive new links in the supply chain as a result of 3D Printing technology. For the transport sector DHL said the greatest impact will be on spare parts logistics. The global logistic giant has been testing a variety of both 3D printing hardware and techniques for several years and has identified applications that have the potential to redefine manufacturing … [Read more...] about 3D printing’s greatest impact on spare parts logistics: DHL
WCA launches e-commerce logistics network
WCA Ltd has launched the world's first dedicated eCommerce logistics network in response to the changing global economy and a marked shift towards online consumerism. The network is open to all players in the cross-border eCommerce supply chain, according to WCA. "By 2020 it is projected that freight forwarding will be 20 per cent eCommerce driven," said David Yokeum, founder and chairman of WCA. "Our decision to become involved in eCommerce is a direct result of these projections. Our utmost … [Read more...] about WCA launches e-commerce logistics network
Volga-Dnepr delivers ‘jaw crusher’
An 88-tonne ‘jaw crusher’ used for gold mining has arrived at Russia’s Sokol Airport in Magadan onboard one of Volga-Dnepr Airlines’ An-124-100 freighters. The jaw crusher, which was transported along with other equipment and tooling from Pulkovo Airport in Saint Petersburg, will be used for primary ore crushing during the gold mining process in the Magadan Region. Volga-Dnepr was able to load the cargo using the An-124-100’s onboard loading systems, removing the need for the additional cost … [Read more...] about Volga-Dnepr delivers ‘jaw crusher’
Agility posts solid 3Q results despite revenue decline
Agility has announced its financial results for the third quarter of 2016, reporting a net profit of KD15.17 million (US$50 million), an increase of 11 per cent compared to the third quarter of 2015, despite revenues being down 7.0 per cent over the same period to KD312 million. EBITDA stood at KD28.90 million, a 19 per cent increase compared to the same period in 2015. Tarek Sultan, CEO of Agility, said: “We have now been seeing continuous underlying increase in the profitability of the … [Read more...] about Agility posts solid 3Q results despite revenue decline
