Logistics

Ocean freight rates for cargo moving under contracts on the major East-West routes have seen a sharp reduction since the beginning of the year, according to Drewry’s Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight rates. The Drewry Benchmarking Club contract rate index, based on Trans…

The recently-concluded “3PL Value Creation Summit” staged by Armstrong & Associates was a big hit in Chicago last week, and now that great city is playing host to our own Supply Chain Outlook Summit 2015 today and tomorrow. There’s a good many other reasons for supply chain managers have discovered this dynamic destination. Leading global…