The Trans-Pacific Partnership would have a positive impact on U.S. retailers and consumers, according to a new report from the National Retail Association.
Deutsche Post AG’s EBIT in first quarter 2016 jumped 21 percent to 873 million euros (U.S. $994 million) compared with the same 2015 period, thanks to booming parcel deliveries and reorganizations in its freight-forwarding and supply-chain units.
The Florida Gulf Coast port recently purchased a 41-acre tract of waterfront land where the authority plans to develop a new terminal for forest products.
The new mobile supply chain solutions provider unveiled its free platform for inputting container weight verification data that integrates with INTTRA’s eVGM solution.
Ports covered by the Global Port Tracker report handled 1.32 million TEUs in March 2016, down 14.2 percent from February and 23.7 percent from an all-time high in March 2015, according to the National Retail Federation and Hackett Associates.
The Omaha, Neb.-based truckload carrier and logistics services provider has named former President and Chief Operating Officer Derek J. Leathers as its new chief executive officer, effective immediately.
The St. Catharines, Ontario-based shipping company saw Q1 revenues decline 7.8 percent year-over-year due to weak revenues in the Domestic Dry-Bulk segment and Product Tanker segment.
Although Great Lakes limestone loadings from U.S. quarries in April dipped 3.2 percent year-over-year, shipments from Canadian quarries surged 85 percent year-over-year.
Neither Ports America nor owner Oaktree Capital will discuss a possible sale of the nation’s largest port terminal operator, but Yildirim Holdings President Robert Yildirim said talks have advanced to the “second round.”
Neither Ports America nor owner Oaktree Capital will discuss a possible sale of the nation’s largest port terminal operator, but Yildirim Holdings President Robert Yildirim said talks have advanced to the “second round.”
In preparation for mandatory filing of import data through Customs and Border Protection’s new Automated Commercial Environment system, the FWS is running a short pilot program to make sure users can successfully transmit data.
The Malaysian shipping conglomerate has entered into an agreement to sell its entire stake in the wholly-owned subsidiary MISC Integrated Logistics Sdn Bhd to Swift Haulage Sdn Bhd.
The price of an average container fell 15 percent during the first quarter of 2016, according to a recent report from London-based shipping consultant Drewry Maritime.
Freight forwarders and air cargo companies must move quickly to improve business models and implement sophisticated analytics, according to Michael Bentley of Revenue Analytics.
GE’s Marine Solutions signed a contract to provide its new power take off/power take in technology to ocean carrier Maersk Line for 11, second generation 19,630-TEU Triple-E containerships.
The French ocean carrier commenced the weekly Baltic Levant Express, operating between North Europe and the Mediterranean with six vessels.
Shares of the fellow China-owned shipping conglomerates, which recently merged at the behest of the Chinese government, jumped as much 9.9 percent and 10 percent, respectively, in Shanghai trading yesterday.
Asian container volumes at JAXPORT surged 16 percent year-over-year to 157,689 TEUs for the first six months of fiscal year 2016, which commenced Oct. 1, 2015.
Stock in South Korea’s second-biggest container carrier fell the most in three weeks in Seoul trading on uncertainty over whether the company would obtain deep discounts for rates on leased vessels in its negotiations with shipowners.
The United States is about to import the largest wheat cargo from the UK in more than two decades as a combination of ample British supply, a weaker pound and rock-bottom freight rates make the unusual trade viable.
