August 9th in SCM, Shipping by .

First Half of 2011 Is No Good For OOCL

Hong Kong-based carrier Orient Overseas Container Line (OOCL) fell 39 percent in the first half of 2011 on falling freight rates and OOIL forecast “difficult” conditions for the rest of the year because of excess capacity on major trade lanes.

March 18th in 3PL, Freight, Logistics, News, Shipping by .

Fate of Shipping Company in Japan after Earthquake and Tsunami

Japan’s shipping industry and services will be hit across the board by the massive 8.9 magnitude earthquake and tsunami that slammed the country Friday, according to an initial assessment of the impact by BIMCO, the independent shipping association in Copenhagen.

January 11th in 3PL, Logistics, News by .

3PL’s Recently Awarded And Renewed Contracts

As the New Year has began the new battle also starts for the sales team in Logistics & freight forwarding Industry either for new contract or for renewing the existing contract in order for the sales team to meet their new budget with 15-20 % addition to the previous year sales.

November 29th in Aviation by .

International Cargo Demand -Freight at a Turning Point

The International Air Transport Association announced international traffic results for October showing 14.4% year-on-year increase for international freight.

According to IATA’s director general & CEO Giovanni Bisignani, growth is returning to a more normal pattern, with freight demand 1% above pre-crisis levels of early-2008.

April 27th in Shipping by .

Russian Company Selling Cruise Missile in a Shipping Box

Using the most advanced computer graphics a new video from the Concern Morinformsystem-Agat Joint Stock Company will leave any sane viewer chilled to the bone. We have often espoused the many uses of shipping containers from luxury housing to mobile aquariums but this latest adaptation is a nightmare for one and all. The Club-K is a cruise missile system in box.

April 15th in World Economy by .

American Economic Profile

The largest and still the most important market in the world, the United States of America’s economy is driven by consumers but is troubled by high debt levels.

The United States of America (US or USA) has the world’s largest economy. According to the CIA World Factbook, 2007 GDP is believed to be $13.84 trillion. This is three times the size of the next largest economy, Japan, which has a GDP of $4.4 trillion. US dominance has been eroded however …

April 6th in Logistics by .

Freight Firm Merger Cemented in Hong Kong

Overseas Group and Globe Express Services have announced the merger of the two companies, commemorated at a March 20, 2010 signing ceremony in Hong Kong.