Things to Learn from the Hanjin Shipping Bankruptcy

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Image via Flickr by Rennett Stowe Carriers have taken measures to try to improve security, including beefing up their technologies, internal processes, and employee training. Yet theft of cargo still continues to rise. During the three-month period between June and August of this year, cargo theft rose by five percent, while the value of the…
Image via Flickr by Marshall Astor – Food Fetishist The spot freight market, freight that needs to be delivered but falls outside a regular contract, is showing strong signs of growth as the year 2013 draws to a close. Though the overall numbers were down slightly from the month of October, November had fewer work…
Image via Flickr by Marius B The giant logistics company DHL, recently released a report entitled “Big Data in Logistics.” The report concludes that someday logistics companies could become the go-to search engines for information on almost all other industries. Logistics companies gather a tremendous amount of information (big data) during the course of their…
Image via Flickr by CMH_90 Albertsons and Safeway announced their $9.2 billion merger at the beginning of last year, but it took nearly a year to gain approval from The Federal Trade Commission (FTC). The FTC finally approved the merger after these supermarket chains agreed to close 168 stores in eight states to avoid monopolies…
Image via Flickr sayamindu For over 50 years, Lego has been selling building blocks made from oil-based plastic. The company recently decided to research green materials that could be used to build the bricks instead. By 2030, the Danish toy company aims to eliminate oil-based plastic from its production line.Oops! You don’t have permission to…
Image via Flickr by eutrophication&hypoxia Outside of Detroit and Chicago, economists are citing a second chance for new manufacturing hubs, as well as revivals of long-standing manufacturing micro economies that have slowed in recent years. Recovery persists for the U.S. job market as New York shows signs of life for manufacturing. A 2013 yearend report…