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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

After years of declining revenues in European logistics services, the business started to stabilise in 2013/2014. Europe has seen plenty of activity in terms of mergers and acquisitions, including the take-over of the major French family-owned company Norbert Dentressangle by America’s XPO Logistics. SCM 3PL Subway 2015. Isle of Man.