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This Week in Logistics News (November 18-22, 2013)

Talking Logistics

UPS Sets 2014 Rates. Port truck drivers on West Coast protest costs, working conditions ( Cargo Business News ). In 3PL news, XPO Logistics announced that it has acquired Optima Service Solutions, LLC, “a leading non-asset provider of last-mile logistics services for major retailers and manufacturers in the United States” for $26.6

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Three Months after Tianjin, the Area is Still Reeling.

Elementum

China’s Tianjin port suffered a devastating explosion in August which left many manufacturers, insurers and shipping supply chains crippled. Carmaker Jaguar Land Rover (JLR) recently reduced its pre-tax profits forecast , claiming it cannot match the £2.61bn pre-tax profit earned in 2014/15. We take a look at the lasting consequences.