A major aerospace and defense (A&D) company had a problem: with an average of two significant supplier failures per year and no proactive supplier risk management process, the firm faced costs of $10M or more a year, and had no systematic way to reduce risk in its supply base of 11,000 suppliers.

So what did it do?

Read the rest of this eLog »

FedEx has reported results for the third quarter of its financial year showing a growth in revenue of 9% to $8.00 billion up from $7.34 billion the previous year. It achieved operating income of $713 million, up 29% from $552 million, resulting in an operating margin of 8.9%.

Read the rest of this eLog »

The number of mergers and acquisitions undertaken by the largest players in the worldwide express, mail and logistics sectors has reached its highest level since its peak at the height of the ?dotcom? boom. This was just one of the findings of Transport Intelligence?s latest report ?Global Logistics Strategies 2006?. The annual survey of M&A activity indicated that following a slump in deal volumes in 2002, when numbers fell by 36%, the level of completed deals has risen steadily. However, the number is still well below 2000/1 levels.

Read the rest of this eLog »

Lift the hood on most supply chain applications, and you tend to find the same linear programming-based engines. ILOG, the France-based leader in linear programming, is most often the brand of choice.

Read the rest of this eLog »

DHL Global Mail, a unit of Deutsche Post World Net, has reached agreement with Yamato Holdings on a joint venture in Japan for mail services. The arrangement will offer a full range of direct marketing services, the company said. DHL Global Mail will hold 49 percent of the shares, and Yamato Holdings 51 percent.

Read the rest of this eLog »

Dresdner Kleinwort Wasserstein lifts its price target for AP Moller-Maersk to DKK47,000 from DKK45,000, but maintains its sell rating.

Read the rest of this eLog »

There is no evidence that radio frequency identification (RFID) tags can be used to corrupt computer databases or spread computer viruses, reports AIM Global, a trade association for automatic identification and mobility. AIM?s statement is in response to a technical paper entitled “Is Your Cat Infected with a Computer Virus?” delivered during a conference earlier this month in Pisa, Italy, that made those claims about the technology.

Read the rest of this eLog »

FIREFIGHERS are still tackling the blaze which broke out on board the 5,551 TEU Hyundai Fortune earlier this week following an explosion in one of the containers on board off the coast of Yemen. The vessel has not sunk as we earlier reported.

Read the rest of this eLog »

MAERSK Line has announced that starting April 1, the bunker adjustment factor (BAF) charge for all cargo movements from Israel to Hong Kong/China will be adjusted to US$120 per TEU.

Read the rest of this eLog »

DHL, the express and logistics expert at Deutsche Post World Net, will launch a new global brand campaign on March 27. The focus of the advertising effort is the employees of DHL, the very people who have the logistics Know-How and the “Can-Do” attitude that make worldwide customers from every sector successful.

Read the rest of this eLog »