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This Week in Logistics News (February 19 – 25)

Logistics Viewpoints

Carriers, freight forwarders, and shippers that were dealing with the China to North America trade lanes were already operating in crisis mode. They are predicting Ocean is going to increase 2-3x from $10,000 to container to over $30,000 per container and that Air freight spot rates and lead times are going to increase 3-4 times.

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3PL Subway 2015: Strategic movements among logistics providers

Supply Chain Movement

In comparison, according to Fraunhofer Institute, warehousing is outsourced by 54% in Germany, which is the largest logistics market in Europe. The Japanese freight mover Kintetsu World Express has expanded recently outside its home market with the acquisition of APL Logistics, which has a strong base in America and Europe.