Terminals buffeted by volatility
Container terminals have seen recovering demand and have worked to reduce costs, says Drewry.
Container terminals have seen recovering demand and have worked to reduce costs, says Drewry.
The Australia-based software company adds Canadian customs management solutions provider to its growing portfolio.
The parcel carrier and third-party logistics provider is adding direct sailings in 130 trade lanes covering Asia, Latin America, Africa, Europe, the United States, the Caribbean and the Middle East.
CJ Logistics has ambition to become “top-five global logistics company.”
The latest acquisition will add three countries to the rapidly expanding network.
The Jacksonville, Fla.-based Class I railway may or may not sell sections totaling about 650 miles.
Imports at ports tracked by the National Retail Federation’s Global Port Tracker were steady in April, ticking up just 0.3 percent year-over-year to 1.63 million TEUs.
Mexico was the leading value and volumes market for U.S. pork and lamb exports, according to the U.S. Meat Export Federation.
Testing will be launched at the Port of Singapore in Q3.
Port-area traffic patterns will begin changing Saturday.
Proposals to develop and operate the New London port are due Aug. 10.
Executives say a trade agreement is not necessary to complete trilateral work on single-window portal.
Retaliation likely to affect transatlantic container trade.
Legislation would subject any trade action pursuant to a national security investigation under Section 232 of the Trade Expansion Act of 1962 to congressional approval.
The United States’ deficit in goods and services trade shrank another 2.1 percent to $46.2 billion in April, the lowest level in seven months, following a revised 18.2 percent drop in March.
Gov. Bruce Rauner on Tuesday announced $241 million in grants are being allocated toward 23 transportation projects designed to improve freight mobility across the state.
Congressional Ports Caucus disappointed harbor maintenance language removed from bill.
Container carriers transported more than 13.8 million TEUs in April, bringing the year-to-date total to 54.24 million TEUs, according to the latest data from Container Trade Statistics.
Association of American Railroads: “Right now, the economy is clicking, and railroads are both beneficiaries and enablers of that.”
The labor union is headed for a showdown with the parcel giant that could lead to the largest U.S. strike since 1997 if a deal is not reached by the time the current contract expires Aug. 1.