As China develops interior and urbanizes, its need to improve transport grows. Look for an increase in investment in and acquisitions of logistics companies by the Chinese in coming years, said Richard Gluck, a partner at Washington law firm Garvey, Schubert and Barer (GSB). Gluck is outside general counsel to the Transportation Intermediaries […]
By Walter Kemmsies, chief economist, Moffatt & Nichol A number of trends in the retail sector presage dramatic changes in the import distribution channels. The latest trend is for e-commerce retailers, like Amazon, to offer same-day delivery for Internet sales. This strategy is being tested in some urban markets and will likely spread across […]
The word “crowdsourcing” may not have entered your technology lexicon yet, but it likely will soon. The concept is relatively simple – use the general public to perform a set of tasks or services that would ordinarily have to be undertaken by employees, or outsourced to a specific firm. The crowdsourcing concept […]
By Jerry Cook In my recent columns, I have discussed how existing trade facilitation tools can help companies, especially small and midsized enterprises (SMEs), engage in growing global markets. I also urged the United States and other members of the World Trade Organization to finalize and implement a WTO trade facilitation agreement before the […]
Should the owner of a vessel be awarded damages for economic loss due to negligence in the absence of physical damage to its property? That issue was addressed once again in a recent court decision (American Petroleum And Transport Inc v. City Of New York. 2nd Circuit. No. 12–4505–CV. Dec. 6, 2013) that […]
As medicines have become more specialized and their manufacture globally has advanced, the need for cold-chain transportation has skyrocketed. The demand for cold-chain providers who can not only fly goods across the world while maintaining tight temperature controls, but can also mitigate issues with customs agencies when they arise and properly store these […]
Latin America’s supply chain will be the beneficiary of a partnership between CargoWise and DPS Logistics, CargoWise announced Thursday. DPS Logistics will help CargoWise expand in Latin America by providing sales, consultation, implementation and support services to customers. “Latin American supply chain providers will now benefit from a global software solution delivered […]
YRC Worldwide and the International Brotherhood of Teamsters are still talking after union employees last week rejected a contract proposal that would have allowed the company, it said, to pay off about $300 million in debt.
Foxx said passing a transportation reauthorization bill with adequate funding for maintenance and upgrades of highways, bridges, and transit systems is one of his top priorities during President Obama’s second term.
“K” Line said Friday it had recorded a loss of 5.7 billion yen ($54.8 million) as a loss provision related to the Japan’s Anti-Monopoly Act during the consolidated third quarter term of Fiscal Year 2013, which ended December 31. (Japanese carriers have a fiscal year that runs from the April 1 to March 31.) […]
Drewry Maritime is forecasting that the majority of container shipping lines “will finish in the red for last year” and that freight rates remain historically weak. In a press report announcing availability of its Container Forecaster report for the fourth quarter of 2013, the London-based consultant and publisher said, “The sale of non-core […]
In 2013, the Port of Long Beach saw an 11.3-percent jump in cargo volume, while the Port of Los Angeles saw a 2.59-percent decrease in total container volume.
The report found “supply chain analysis increasingly important for businesses. For the second year in succession, (business interruption) and supply chain risk ranks as the top peril in the Risk Barometer.”
London Thamesport has welcomed the announcement of a new short sea container shipping service by A2B-online, a Dutch transport company specializing in full load, part load, and pallet consignments to and from the United Kingdom, Benelux and Germany. The new container shipping service, which will start on Jan. 28, will offer three sailings […]
NYK said it has increased its ownership of a car terminal company in Kazakhstan from 25 percent to 100 percent. NYK Holding Europe B.V., an NYK Group company, acquired full ownership of Tranco Terminal, the largest car-terminal operating company in Kazakhstan, on Jan. 15, and began operations under the name NYK Auto Logistics […]
AirBridgeCargo Airlines has welcomed its fifth 747-8 freighter from Boeing, increasing its fleet to thirteen. “AirBridgeCargo has already experienced the outstanding payload and operating economics of the 747-8 family,” stated Denis Ilin, executive president of AirBridgeCargo Airlines. “We are very excited to receive our fifth 747-8 freighter.” The airline said the new […]
Carriers of the United States Australasia Discussion Agreement — CMA CGM, Hamburg Sud, Hapag-Lloyd, Marfret, MSC and US Lines — will implement a rate increase on April 1. The GRI is $75 per TEU and $150 per 40-foot container. The change is applicable via U.S. East Coast ports to ports in Australia and […]
The Justice Department on Thursday said two men were indicted by a federal grand jury in Las Vegas for violations of the federal renewable fuel program that allegedly netted them more than $37 million. The 57-count indictment against James Jariv, 63, of Las Vegas, and Nathan Stoliar, 64, of Australia, includes allegations of […]
The U.S. Environmental Protection Agency issued a final rule this week to move ahead with the development of a national electronic manifest system to replace the existing paper-based system for tracking hazardous waste. Mathy Stanislaus, assistant administrator for the EPA’s Office of Solid Waste and Emergency Response, called the action “a key step […]
More than a dozen Democrats on Thursday urged House Ways and Means Committee Chairman Dave Camp, R-Mich., to hold hearings as soon as possible on the dwindling balance in the federal Highway Trust Fund and possible new funding options. The highway account is where receipts from gas and diesel taxes, as well as […]
