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A Temando survey conducted by Research Now revealed that 76 percent of all retailers are not well prepared to handle shipping delays and uncertainty during the holiday season.
Allianz Group's dedicated carrier for corporate and specialty insurance business, Allianz Global Corporate & Specialty, launched a dedicated transportation and logistics unit in North America today.
Although activity slowed slightly in Q3, total deal value for mergers and acquisitions in the transportation and logistics sector for the first nine months of 2015 is up 40 percent from the same 2014 period, according to a new report from PwC US.
Consumers continue to migrate to mobile devices to make purchases, with mobile devices accounting for 36 percent of Black Friday sales, according to Custora, a company that provides predictive analytics for e-commerce.
Net income at the Israeli ocean carrier improved vastly compared to loss of $63 million in the third quarter of 2014 despite a 12 percent year-over-year reduction in total revenues.
Rates from Shanghai to Northwest Europe and the Mediterranean skyrocketed, while rates to the United States inched up slightly from last week.