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Free Articles From The Current Issue
Glimmers of hopeLogistics costs plunged dramatically last year as the economy contracted. Preliminary data for 2010 show that a recovery is under way, but shippers still face a host of challenges.
Don't breathe a sigh of relief just yet
Despite the recovery, companies are likely to pressure supply chain managers to cut costs even further.
A bright future... together
We must move beyond the typical approach of "state the problem and talk about the frustrations."
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Monetary Matters
New rail service opens up a "Northeast Passage"
If Marco Polo were alive today, he almost certainly would be taking advantage of a new rail freight service that is now running between China and Europe. In 2008, the German rail operator Deutsche Bahn AG launched an experimental service between China and Germany by way of Russia. The International Union of Railways (UIC) and rail infrastructure providers in Finland and Sweden have since started promoting this "Northern East-West Freight Corridor" for intermodal container service from the Far East to Scandinavia. Figure 1 shows this route....
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