eyefortransport Weekly Newsletter 31st May 2013
Women in Logistics; Shipping Rates Plummet; Transplace has New Equity Partners; Favorite 3PL?
I’ve recently been thinking about the issues around increasing diversity in the logistics industry, which is one of the key challenges nearly every company faces. The percentage of the logistics workforce that is female is shockingly low, especially in middle and senior management. To not be using 50% of the talent pool is going to be detrimental to the industry moving forward, and must be addressed now. I was therefore pleased to be invited to the FTA everywoman in Transport & Logistics awards in London a few weeks ago which actively promotes the role of women in the industry. I was also pleased to see Ann Drake (CEO of DSC Logistics) launch the AWESOME initiative recently (Advancing Women's Excellence in Supply Chain Operations, Management and Education)
The proof will of course be in the pudding, and I look forward to the day when the attendee and speaker list of major industry conferences, including our own, are not so male dominated. Ann Drake and Carolyn Gable, CEO and Founder of New Age Transportation, Meri Stevens, CSCO, Newell Rubbermaid, Jill Marcotte, CSCO, Dealer Tire and Deborah Winkleblack, Vice President International Logistics and Compliance, Claire’s Accessories will all be speaking at the upcoming 3PL Summit and CSCO Forum in Chicago on June 18-20 and I hope that in future years senior female logistics executives will not be in such a minority.
News This Week:
Annual eyefortransport 3PL Awards Shortlist Revealed – includes top North American 3PLs
The shortlist for this year's eyefortransport Customer Choice 3PL awards has been announced, based on the nominations by the members of the esteemed judging panel. 5-10 companies in each of ten categories have been announced as finalists. The voting now opens to shippers (3PL customers) until May 31st
Shipping Rates Continue to Plummet in May
Xeneta, the price comparison service for sea freight, reveals that the average container freight rates from Asia to North-Europe continues to drop to $2,352 per 40ft container and $1,359 per 20ft, last tracked on the 24th of May. Due to overcapacity and various economic turmoil in the market, the market index for 40ft has taken a massive dip with it being down 52% from May 2012
Norbert Dentressangle Acquires Fiege's Logistics Operations In Italy, Spain and Portugal
As part of its continued global development strategy, Norbert Dentressangle has acquired Fiege’s logistics operations in Italy, Spain and Portugal. The acquisition further strengthens Norbert Dentressangle’s market leading positions in these key countries and significantly increases the size of its logistics business with a portfolio of FMCG, retail, healthcare and pharmaceutical customers
Transplace Selects New Equity Partner Greenbriar Equity Group
Transplace, a leading provider of non-asset based third party logistics, intermodal and truck brokerage services, has selected Greenbriar Equity Group LLC, a New York-based private investment firm, as its new equity partner
FTA everywoman in Transport & Logistics Awards – winners announced
The winners of the FTA everywoman in Transport & Logistics Awards have been announced today at a ceremony held at London’s iconic Savoy Hotel