Best of times sure beats worst of times
From A.P. Møller – Maersk to ZIM, the world’s shipping lines reported huge profit jumps.
From A.P. Møller – Maersk to ZIM, the world’s shipping lines reported huge profit jumps.
Bad apples can jump from one company to another because their full employment history doesn’t always follow them. It happens in all industries. But when bad pilots get a second chance, it can be deadly.
Cargo handling companies at Chicago O’Hare International Airport are crying, “No mas.” They’re investing in warehouses outside the airport because cargo volumes are causing gridlock at airport terminals.
Congestion is cutting liner capacity just as freight rates are at all-time highs, incentivizing carriers to buy or charter more ships.
1991: In-transit damage used to be a major problem for Ford, but the automobile manufacturer has amped up its hauling standards.
Environmental regs could extend future dry bulk and tanker upside, while consolidation could change curve of container-shipping cycle.
No matter the rhetoric, the unvarnished truth is it takes people to move trade.
The cranes cost $21.6 million to construct; a price tag on vessel and cargo damage has not yet been estimated.
There was a fair amount of “feel-good” talk regarding inventory build during the fiscal first-quarter retail earnings season. But for several chains, the year-over-year comparisons were easy. Further, sales have continued at an elevated clip, suggesting the massive merchandise restocking is far from over.
Finding space on an international aircraft to move one’s freight is no easy task. Large shippers with enough volume are just renting entire planes to ensure their stuff can get from here to there.
Retailers at increasing risk of not getting goods from Asia on shelves as ocean transport system hits limit.
“The X-Press Pearl’s sad fate is the latest in a disappointing recent and persistent catalog of container ship fires,” says the TT Club.
Cainiao, which means newcomer or beginner in Chinese, is the 8-year-old logistics unit of Alibaba. Besides providing express delivery for packages ordered through Alibaba, it is offering end-to-end logistics services to other companies.
Freight forwarder will pay “absolute historic high” to secure container ship as “people are panicking” amid “out of control” market.
International transport rules for dangerous goods could have hindered the vaccine rollout by airlines without swift action by the air cargo sector.
The U.S. Army Corps of Engineers budget provides first-time federal funds to deepen and widen Norfolk Harbor.
Out of an abundance of caution, carriers like Maersk extended the suspension of vessels into the ports from May 31-June 6.
President Joe Biden’s regulatory policy shift has wide-ranging implications for shippers and carriers.
Rather than awaiting national-level solutions to trade imbalance and demand surges, shippers and carriers should act now to modernize operations across the supply chain.
Doing business in China is tricky and companies could get sucked into the political quicksand, so best to have an exit strategy to avoid reputational risk, experts say.