LogisticsNews

Maersk and IBM Forming Blockchain Joint Venture to Digitize Supply Chains and Improve Trade Flow

A.P. Moller - Maersk and IBM said they intend to establish a joint venture to provide more efficient and secure methods for conducting global trade using blockchain technology.

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Air Freight Prices Spike in Line With Speed to Market Demand

Global air freight is at peak demand and so are prices, with data from WorldACD showing prices rising at their highest rate since the economic recovery that began in 2009 following the Great Recession.

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Japanese Firms Look to Blockchain to Improve Cross-Border Trade

A consortium of Japanese Businesses involved in global trade have teamed up to start a demonstration test this month to verify the applicability of blockchain technology as a way to streamline and upgrade cross-border trade operations.

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Import Cargo Increases in 2017, but a Nixed NAFTA Could Curb That Spike

Imports at the nation’s major retail container ports are expected to increase 1.5% this month over the same time last year, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

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UPS Acquires Sandler & Travis Arm to Bolster Customs and Trade Advisory

In a move United Parcel Service said positions it as a “the global customs broker of choice,” UPS acquired Sandler & Travis Trade Advisory Services, the world’s largest independent provider of global trade management services.

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DHL Expands Capacity and Logistics to Meet E-Commerce Fulfillment Demands

The rapid rise of e-commerce has posed many challenges and opportunities for global freight and logistics providers, and DHL is scaling up on multiple levels to meet those demands.

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