U.S. Customs provides big assist to West Coast port recovery
CBP officers are working overtime to help terminals recover from labor dispute slowdown.
CBP officers are working overtime to help terminals recover from labor dispute slowdown.
DHL expands its supply chain risk management tool Resilience360, while Tecsys sees operating profits rise 6 percent in the first nine months of its fiscal year.
Transpacific carriers cite port congestion and stronger demand as economy improves.
New style port directors are trying to tailor ports to industry supply chain needs.
Senate moves to decouple fight over immigration policy from Homeland Security, but resistance remains in House.
The independent containership owner and manager increased revenues by 5.9 percent, but saw profits drop 56.1 percent.
Calif. congresswoman seeks FMC investigation of actions during bargaining with ILWU.
The ocean carrier’s “New Falcon” service will offer direct sailings instead of transshipments through Singapore.
After reaching high point in September, an index measuring market sentiment declined for most lanes in both air and ocean segments.
According to the American Trucking Association, the index increased 6.6 percent compared to January of 2014.
South Korea’s biggest container port is eyeing 20 million TEUs in 2015, as transshipment volume surpassed import/export volume for the first time in 2014.
Kelly will continue to serve as both president and a member of AFF’s board of directors.
Wednesday’s story, “Air freight market heats up as West Coast port congestion worsens,” incorrectly identified UPS as the world’s largest cargo airline. FedEx is the largest and UPS is second, in terms of the industry metric of freight ton kilometers, according to the International Air Transport Association.
Earnings were buoyed by a 50 percent increase in Maersk Line profit.
The third-party logistics provider announced record results, including a 6.1 percent increase in net profits from 2013.
The transportation advisory firm said 2014 container volumes rose 5 percent on the westbound transpacific and 9 percent from Asia to Europe, but all North American export lanes struggled.
The ocean liner carrier said business improved across the board.
The cargo consolidator said it will reduce less-than-container load transit times between Rotterdam and St. Petersburg by 11 days.
Supply chain software provider JDA surveyed 255 executives globally and found that fewer than half currently use inventory optimization and transportation management technology.
Cargo delays will continue, but air freight option has to be balanced against skyrocketing prices, UPS officials say.