Comments and Letters
Businesses, meet the ocean carriers. Is trade slowdown permanent?
Businesses, meet the ocean carriers. Is trade slowdown permanent?
Turkey has what is needed to become a global trade powerhouse. But will it? The time has come to look hard at Turkey’s trade relationship with the European Union, and thus at its long-term potential as an important power broker for global trade, given its unique location in the world and its positive economic forecasts. […]
The relevance of rail Almost everything that affects domestic freight flows has been changing. U.S. imports have continued to grow, but some of their sources have shifted away from China to Western Asia and they are arriving on larger vessels that can be accommodated by the Suez Canal and soon the Panama Canal. Environmental regulations […]
Abandoned cargo can be a problem for carriers, intermediaries, and other businesses. Two lawsuits from last year revolving around abandoned containers filledwith used tires were discussed by Vincent M. DeOrchis, a partner at the New York office of Montgomery McCracken, in an article on his law firm’s website. In the first,(Mediterranean Shipping Co. v. Best […]
If logistics is the delivery of the right goods to the right place at the right time, it is economic forces that determine the type of freight that is delivered, as well as the time and place of delivery. A factor that sometimes goes overlooked in freight transportation negotiations and discussions is the risk of […]
Mega-retailers and manufacturers today realize the value of having top-notch supply chain management executives within their ranks as important problem-solvers and facilitators to improve bottom lines. In recent years, many large corporations have even made space in their “C” suites for leading supply chain officers to be a part of their strategic decision-making teams. The […]
Lawsuits involving supply chain executives have become increasingly frequent, including Amazon suing Arthur Valdez, who left to work as Target’s chief supply chain and logistics officer, and an XPO Logistics suit against LTL rival YRC Freight.
The Port of Houston authority announced its new policy on container weights, as well as container throughput for the the first quarter and developments with ongoing infrastructure improvement projects.
Overall revenues for NYK, MOL and “K” Line fell 5.4 percent, 6 percent and 8.1 percent, respectively, for the last fiscal year ended March 31, 2016.
The Atlanta, Ga.-based parcel giant posted a net income of $1.1 billion for the first quarter of 2016 on revenues of $14.4 billion, year-over-year increases of 10.2 percent and 3.2 percent, respectively.
Legislation introduced into the California State Senate by Sen. Ricardo Lara would provide an exemption from sales and use tax for terminal operators purchasing zero or “near zero-emission” equipment.
Recovery of the ill-fated TOTE Maritime general cargo ship’s voyage data recorder under 15,000 feet of water presents a “formidable challenge,” but National Transportation Safety Board investigators hope to complete the mission in the next several months.
Gary LaGrange, president and chief executive officer at the Port of New Orleans, announced plans to retire in April 2017, at the time his current contract expires.
A House measure that would allow companies to ask the International Trade Commission to reduce or suspend tariffs on chemicals or other items that generally aren’t available in the U.S. passed by a vote of 415-2 on Wednesday.
A new report from the U.S. Department of Transportation’s Federal Motor Carrier Safety Administration revealed fatal crashes involving large trucks fell 3.7 percent year-over-year in 2014.
Freight brokerage and third-party services provider Echo Global Logistics reported non-GAAP diluted earnings per share of $0.24 on revenues of $405.3 million for the quarter, in-line with consensus analyst expectations.
Gross domestic product rose at a 0.5 percent annualized rate after a 1.4 percent fourth-quarter advance, less than the 0.7 percent median projection in a Bloomberg survey, Commerce Department data showed Thursday.
Truckload pricing dipped 0.6 percent in March 2016 compared to the same 2015 period, the first negative pricing change in nearly six years, according to the latest Cass Truckload Linehaul Index.
A total of 1.7 million square feet of warehousing has recently been completed in Savannah, Ga., while over 1.9 million square feet is under construction and a 2,700-acre development was just unveiled.
Rates fell another 3 percent for the month compared to March of last year, the 15th consecutive month prices have decreased, and analysts with Avondale Partners expect this trend to continue through the rest of 2016.