The London-based shipping research and consulting firm said it forecasts slow growth in the world container fleet of four to five percent per year through 2019.
The seasonally adjusted For-Hire Truck Tonnage Index equaled 134.3 for the month, down 2.1 percent from June but up 0.3 percent compared with July 2015, following a 1.6 percent decrease the previous month, according to the American Trucking Associations.
In addition to skipped sailings in the transpacific trade, the G6 Alliance will void one sailing each on its Loop 5 and Loop 7 services between Asia and North Europe and member OOCL will skip another on its EMX loop between Asia and the Mediterranean.
Airfreight markets in the first six months of 2016 were “substantially weaker” than passenger markets, posting marginal 0.5 percent year-over-year growth, according to data from Airports Council International.
Allan Dow, president of Logility, said the acquisition extends Logility’s ability to deploy innovative supply chain and retail optimization solutions faster and at a lower total cost of ownership.
The Omaha, Neb.-based Class I railway applied for a Presidential Permit to operate and maintain the Brownsville West Rail Bypass International Bridge.
Surface Transportation Board Chairman Daniel R. Elliott III will no longer send an annual letter to the industry asking Class I and other railroads to comment on their end-of-year outlook for traffic volumes and operations.
Worldwide Flight Services appoints new CEO, while CSafe names director of strategic life science sales.
However, individual terminals at the ports of Los Angeles and Long Beach will negotiate directly with chassis leasing companies over compensation for storing chassis and providing services to lessors.
However, individual terminals at the ports of Los Angeles and Long Beach will negotiate directly with chassis leasing companies over compensation for storing chassis and providing services to lessors.
Marine terminals deemed high risk have two years to install an automated system for inspecting workers and others before allowing entry onto the premises.
A survey from same day delivery company CitySprint revealed 47 percent of small and medium enterprises in the United Kingdom do not anticipate any disruptive impact from the Brexit, but SMEs in London aren’t quite as confident.
The global logistics and transportation services provider commenced operations at Pier 80 at the Port of San Francisco yesterday where it was awarded a 15-year lease to operate the terminal.
The Hong Kong-based third-party logistics provider increased net profit 1 percent to $548 million Hong Kong (U.S. $70.7 million) compared with the first half of 2015 as revenues grew 3 percent to HK$10.46 billion.
A total of 339 cargo thefts were reported in the Europe, Middle East and Africa region during the second quarter of 2016, 129 of which occurred in the United Kingdom.
The ocean carrier alliance will void one sailing each on its Central China 4 (CC4) and South China 2 (SC2) services between Asia and the United States West Coast in response to “expected low demand in October,” member OOCL said in a statement.
The 17,859-TEU CMA CGM Vasco de Gama serving on the Ocean3 Alliance’s FAL 1 loop ran aground as it made its way to the Port of Southampton.
The U.S. International Trade Commission said imports of heavy-walled rectangular welded carbon steel pipes and tubes from South Korea, Mexico and Turkey unfairly harm domestic producers.
The containership lessor sold the 3,700-TEU MOL Express for scrap, pocketing $5.94 million in the process, according to a report from maritime consultant Clarksons Research.
The ocean carrier alliance has added an additional week to total transit times on its FAL1 service between Asia, Europe, the Mediterranean and the Middle East, according to ocean carrier schedule and capacity database BlueWater Reporting.
