Freight Shipping Industry News

Logistics

• Virus Update: Trump to Ask Congress for More Stimulus, U.S. Jobless Rate Falls June 5, 2020
  The latest supply-chain news and insights on the novel coronavirus and global response to the outbreak.
• Oil Tankers Are Queuing Off China's Coast in Rapid Rebound June 2, 2020
  Queues of tankers have formed off China’s busiest oil ports as the vessels wait to offload crude for refineries that are quickly ramping up production amid a rapid rebound in fuel demand.
• The Race to the Freezer: Europe’s Food Glut Has Nowhere to Go June 1, 2020
  Demand for cold-storage space has surged after bars, restaurants and sports venues closed, leaving their suppliers hunting for new customers or somewhere to store the unsold food. Products like vegetables and meat that are usually sold fresh are now competing with frozen food staples for the same storage space.
• Historic EU Recovery Plan Has Green Strings Attached May 29, 2020
  Meeting the climate-neutrality goal is a key pillar of a 750 billion-euro ($824 billion) economic recovery plan unveiled by the European Commission.
• 200,000 Ship Crew Stuck at Sea Facing ‘Humanitarian Crisis’ May 28, 2020
  Even as countries try returning to some semblance of pre-pandemic life, ongoing restrictions are wearing thin a crucial human link in the global supply chain.
• Peak-Ryzex Partners with ShipTrack to Address Growing Demand for Last Mile Delivery Services May 27, 2020
  Peak-Ryzex, Inc., a provider of digital supply chain and mobile workforce solutions, has announced a partnership with ShipTrack, a cloud-based logistics management platform for business use cases in last mile, postal parcel delivery, regulated goods, pharmacy, mailroom, agents, contractors and partners.
• Amazon Prime Air Seen Surging Fivefold, Rivaling UPS May 27, 2020
  Amazon’s Prime Air fleet will grow to about 200 planes — up from 42 now — in the next seven or eight years, creating an air cargo service that could rival United Parcel Service Inc., according to a study.
• Effective Execution of S&OP, IBP Plans Through Integrated Tactical Planning May 26, 2020
  An in-depth look at business planning, and how to remedy non-integrated processes.
• China’s Got a New Plan to Overtake the U.S. in Tech May 26, 2020
  Beijing is accelerating its bid for global leadership in key technologies, planning to pump more than a trillion dollars into the economy through the rollout of everything from wireless networks to artificial intelligence.
• How Sales Order Automation Can Create Stability During the Pandemic May 21, 2020
  Many manufacturers and distributors still rely on manual order processing: a slow, error-prone and inefficient method.