Remove Cargo Remove Procurement Analytics Remove United Arab Emirates Remove United States
article thumbnail

23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 trillion on logistics and transportation services in the United States in 2018, an increase of 11.4% billion, while transportation costs increased by 10.4%

article thumbnail

Interoceanic Passages

Abivin

The Suez Canal Company's shares were purchased by Great Britain in 1874, making it the sole owner. It is standard procedure to unload some Mediterranean-bound ships and use the Sumed pipeline to move the excess cargo. In addition, the United States is the origin or destination of about 70% of the traffic through the Panama Canal.

Panama 52