What has been accepted as standard practice for decades – large shippers cementing big volume annual contracts with carriers and smaller shippers, forwarders and NVOs picking up the scraps on the spot market – is now being heavily scrutinized.
The Florida Department of Transportation announces secretary resignation, names interim secretary, while CenterPoint Properties hires vice president of investments.
In last interview as president, Obama sounds clarion call on trade, technology
Ocean carrier Yang Ming said it anticipates the Taiwanese government’s share in the carrier will increase well beyond the current 33.3 percent held by the Ministry of Transportation and Communications of Taiwan.
The world’s largest manufacturer of shipping containers has advised shareholders and potential investors to exercise caution when dealing with its shares.
Walter Kemmsies, managing director, economist and chief strategist for JLL Ports, Airports and Global Infrastructure, discussed how interest rates are on the rise and the effects this could have on the supply chain.
Total deal value and volume in the transportation and logistics industry for the full year in 2016 fell 31 percent and 6 percent, respectively, from the previous year, according to a new report from PricewaterhouseCoopers.
Japanese financial services firm Orix Corp. said the company decided to increase its exposure to shipping industry debt because it sees the “current market conditions as a favorable investment opportunity,” according to a report from Reuters.
The Israeli ocean carrier will launch its ZNP loop in April 2017, connecting ports in Southeast Asia and China to Vancouver, Canada.
The trucking technology provider said the new product offers rating solutions based on dimensional weight, modeled on Mexico-to-Mexico postal codes and delivered in Mexican pesos.
Total cross-border trade between the United States, Mexico and Canada grew 3.3 percent after falling in 21 of the previous 22 months compared with the prior-year period, according to the Department of Transportation’s Bureau of Transportation Statistics.
The South Carolina Ports Authority said container volumes, breakbulk tonnage, and vehicle shipments all increased in December from a year prior.
Railway employment levels in the United States have now fallen in 18 of the last 20 months, according to recent data from the U.S. Surface Transportation Board.
The Memphis, Tenn.-based integrator moved up the previously announced appointment of David Bronczek as president and chief operating officer from the beginning of 2018 to Feb. 1, 2017, the company said in a statement.
The integration solution gives McLeod PowerBroker users access to project44’s less-than-truckload API-based transportation solutions.
The U.S. Commerce Department has determined that truck and bus tires from China are being both subsidized by the Chinese government and dumped on the U.S. market at less than fair value.
Hong Kong Air Cargo Terminals Ltd. handled a total of 1.65 million metric tons of airfreight for the full year in 2016, a record for the terminal operator and a 1.7 percent improvement from the previous year.
Röhlig appoints director of global contract logistics, while Cozen O’Connor adds to its transportation and trade group and East Coast Warehouse & Distribution names senior director of customs examination services.
An executive at the home improvement retailer said at an SMC³ conference that e-commerce orders are growing fast, but challenges persist on many fronts.
New Prime Minister May seeks to reengage on trade, but will the EU comply?
