Eric Johnson, Research Director and IT Editor of American Shipper, said when it comes to modernizing supply chains with data and technology, you have to bring everyone – suppliers, customers, and even your own workforce – along for the ride.
The credit rating agency said container shipping companies will continue to face oversupply, and profitability could be put under even more pressure if bunker fuel prices increase.
PierPass said it will review the possibility of applying a lower flat fee for both day and night moves, with appointment systems to help regulate traffic, or a port-wide “peel-off” program for containers.
STG CEO Chris Jamroz told American Shipper the container freight station (CFS) industry has been underinvested in, partially because of how fragmented it is, and also because 85 percent of all freight moves are done via full-container-load.
A Genesee & Wyoming subsidiary in the United Kingdom will purchase APM Terminals subsidiary Pentalver Transport, which operates off-dock container terminals in each of the UK’s four major seaports, as well as an inland terminal and a trucking operation.
The Northern California seaport saw throughput of loaded import boxes tick up 0.2 percent while laden exports jumped 11.5 percent compared with the same 2015 period, according to recent data from the port authority.
VICT, which is owned by ICTSI, signed an agreement with the Port of Melbourne Corporation in 2014 for the design, construction, commissioning, operation, maintenance and financing of the port’s new terminal and empty container park at the Webb Dock.
DHL Supply Chain established a new distribution center in Guarulhos, Brazil for global life sciences company Sanofi, featuring 36,000 square meters of fully air-conditioned storage space and nearly 50,000 pallet positions.
Port Everglades names environmental program manager, while CEVA Logistics hires managing director of its Australia and New Zealand division.
The Danish conglomerate said at its 2016 Capital Markets Day presentation that it wants container shipping to once again become a growth business for the company, while APM Terminals will focus less on developing and more on filling up existing facilities.
JLL Chief Industrial Economist Walter Kemmsies said many factors are likely to impact the freight movement industry, ranging from macro issues, such as possible trade policy and regulation changes, to specific issues that affect how goods are shipped.
The legislation, which is now being sent to President Obama to sign, authorizes about $9 to $10 billion worth of projects for harbor dredging and navigational aids, river locks, flood protection, beach replenishment and environmental restoration.
Ports America and Sydney Harbour Investment Partners want to develop a dedicated, semi-automated, deep-water marine container facility than can handle ships carrying over 18,000 TEUs at the Port of Sydney, Nova Scotia.
Islamic Republic of Iran Shipping Lines is ordering four 14,500-TEU containerships and six chemical/product tankers from the South Korean shipbuilder.
The move by Japan’s parliament on Friday to ratify the sweeping 12-nation Trans-Pacific Partnership free trade agreement is seen as a mostly symbolic gesture as President-elect Donald Trump has repeatedly promised to exit the deal when he takes office.
The group sent a letter to the President-elect, praising his recognition of the need for infrastructure investment and making suggestions on how to improve the economic competitiveness of the nation’s multimodal freight network.
The non-vessel operating common carrier and ocean freight consolidator said the new service will launch Dec. 12 and will provide 22-day transits from Gdynia to New York.
Peter Friedmann, executive director of the recently renamed Agriculture & Commodities Transportation Coalition, told American Shipper the change was made to “reflect the diversity of our membership, which has been in place since the beginning.”
Ocean carriers Maersk Line of Denmark, CMA CGM of France and Hapag-Lloyd of Germany issued freight rate increases.
Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd issued freight rate increases on various trades.
