SAN PEDRO (CBSLA.com) — A tentative labor agreement between dockworkers and port employers was hailed Monday by the mayors of Los Angeles and Long Beach, who say their cities will work more closely on eliminating cargo congestion at the port complex. Officials at the two ports “plan to redouble our efforts to invest in port infrastructure,
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China aims to ease transport bottlenecks which are affecting economic development by 2020 with a plan announced on Saturday to tackle issues such as excessive road tolls and poor connectivity and to ensure the smoother flow of goods. Despite billions of dollars being invested in recent years on roads, railways and ports, China’s rapid economic
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In the 2015 19th Annual Third Party Logistics Study, survey results showed the continuing, positive overall nature of shipper-3PL relationships. Both parties view themselves as being successful, and shippers are seeing positive results again this year: an average logistics cost reduction of 9% an average inventory cost reduction of 5% and an average fixed logistics
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SAN ANTONIO, Sept. 22, 2014 – Today, the 21st Annual Surveys of Third-Party Logistics Provider CEOs, sponsored by Penske Logistics, revealed that 3PL CEOs are confident about the current state and future revenue growth of their companies and the regional 3PL industries. The annual surveys, which this year included the CEOs of 27 of the
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