Spot container rates from Shanghai to Europe, the Mediterranean and the United States all declined since last Friday, according to the latest figures from the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index.
Spot container rates from Shanghai to Europe, the Mediterranean and the United States all declined since last Friday, according to figures from the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index.
Maersk Line and parcel carrier TNT Express are just now getting major functions back online after last week’s massive cyber attack, compounding a systematic problem that needs to be addressed immediately, according to SeaIntel’s Lars Jensen.
The National Customs Brokers and Forwarders Association has offered the Federal Maritime Commission myriad suggestions on how the agency rules applying to NVOs and forwarders should be amended or eliminated.
Meanwhile, President Donald Trump is currently attending the G20 Summit in Hamburg, where members – comprising 19 countries and the European Union – are discussing international trade, among other global issues.
The purchase expands American Fast Freight’s global logistics platform by adding, among other things, 2 million square feet of warehouse space and 150 rail spots, according to a statement from the company.
The new Delma Port west of Abu Dhabi in the Persian Gulf has been inaugurated and will function as a multipurpose port for cargo, ferries and fishing vessels, according to multiple news outlets.
The U.S. Federal Maritime Commission has received 15 ocean transportation intermediary license applications and changes for review.
Digital radiography determination U.S. Customs and Border Protection has determined that United States is the country of origin of the fully assembled and installed DRX-Ascend Digital Radiography system. Steel bar determination The International Trade Commission has determined that an industry in the United States is materially injured by reason of imports of steel concrete reinforcing […]
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As USTR collects NAFTA public comments, AAEI members see the positive in a renegotiation of the agreement
Challenges associated with the ongoing deployment of larger containerships are resulting in higher terminal costs, and in some cases, poorer terminal service for the same volumes, according to industry analysts at a recent “Talking Freight” seminar.
Omron Adept’s mobile robots are already hard at work in warehouses around the world, but as sales increase, lithium ion battery transport regulations are becoming more strict up and more air cargo carriers are refusing to carry them.
State-run Chinese conglomerate COSCO Shipping Holdings is projecting a net income for the first half of 2017 of around 1.85 billion yuan (U.S. $272 million).
Chairman Robert Yuksel Yildirim plans to sell his 24 percent stake in CMA CGM to acquire Ports America Holdings and become a leading global terminal operator, according to reports from multiple media outlets.
The revised rules from the BIMCO-led group include information on insurance issues, how to effectively segregate cyber networks, and how to handle cyber security during port calls and when communicating with shore side operations.
United States gross domestic product increased 1.4 percent in the first quarter of 2017, down from from a 2.1 percent growth rate the previous quarter but up from previous projections, according to the “third” estimate from the Department of Commerce.
Proposed modifications to the Panama Canal rate structure could ultimately lower rates for containerships, but raise them for LPG and LNG tankers.
The State Council of the People’s Republic of China held a meeting Wednesday in which guidelines were approved to take measures to reduce logistics costs and improve logistics efficiency.
United States railroads originated 1.07 million carloads and 1.11 million containers and trailers in June 2017, year-over-year increases of 4.4 percent and 4.6 percent, respectively.
