It’s no secret, containerships are getting bigger. Unfortunately, port and inland transportation infrastructure in the U.S. simply hasn’t kept pace with the progressively larger vessels. One of the feature stories this month (“The big ship squeeze,” pages 28-30) examines the extent to which consumers may be subsidizing the cost of increasingly large containerships […]
ITF administrator suggests mega-vessels require the public sector to subsidize the container-shipping industry.
APL is concentrating six U.S.-flag ships into a single transpacific string, called the Eagle Express (EX1), which will focus on trying to attract commercial shippers needing rapid transits eastbound. The service has some similarities to the CC3 service that APL formerly operated as part of the G6, but Jesper Stenbak, APL’s head of […]
State’s wine exporters find success, despite an intensively competitive market.
If policy is the science of crafting beneficial legislation, and politics is the art of winning elections no matter what, then it’s not difficult to see why the two can easily diverge when it comes to the Trans-Pacific Partnership. In one sense, the case for TPP, the historic trade agreement between 12 Pacific […]
As the year draws to a close it is time to look forward to the new one. At this point, the trends in place indicate that 2016 will be much like 2015, punctuated by low economic growth and low inflation. Therefore, trade growth is also likely to continue slowing. For the freight movement industry, […]
On Nov. 4, the Office of the U.S. Trade Representative posted the full text of the Trans-Pacific Partnership Agreement on its website. If ratified by Congress and the 11 other countries it will become the biggest free trade deal ever, encompassing an area responsible for 40 percent of the world’s economic output. There will […]
We usually try to emphasize trends in supply chain IT in this space, but sometimes it’s fun to just make outright educated guesses. 2015 was a year in which there was significant merger and acquisition activity across the logistics landscape, and it was no different in the software industry. The biggest deal in […]
Stifel Financial Corp.’s John Larkin is one of the few stock analysts who have not panned XPO’s $3 billion purchase of Con-way. In an interview, Larkin said that a lot of the negative sentiment about the deal got started by hedge funds who collaborated to take a short position—borrowing and then selling shares […]
2015 has been a big year for mergers and acquisitions in the transportation and logistics industry, and roll-up powerhouse XPO Logistics is by no means the only well-known company getting in on the action. In fact, through the first three quarters of the year, 2015 is shaping up to have the highest value of […]
XPO Logistics’ buyout of Norbert Dentressangle was the byproduct of some unique circumstances. Chief Executive Officer Bradley Jacobs had never heard of the French 3PL until they were bidding against each other in 2014 for Des Moines, Iowa-based, warehousing and distribution specialist Jacobson Cos. Norbert Dentressangle won the competition, paying $750 million to […]
The U.S. Gulf port also expects to benefit from continuing population migration to Texas and the expansion of Panama Canal, which is scheduled to be completed in April 2016.
Meanwhile, a Federal Aviation Administration task force released its recommendations regarding a registration program for unmanned aircraft systems that will affect the use of drones in both commercial and recreational settings.
Box volumes at the largest U.S. East Coast port were up 11 percent year-over-year in October, driven primarily by a 9.8 percent spike in loaded import containers.
Descartes Systems Group said Wednesday it has acquired Oz Development, a provider of application integration solutions that help small-to-midsized businesses automate their logistics and supply chain processes.
FedEx Corp.’s biggest hurdle to its acquisition of Netherlands-based TNT Express, however, is still to come, as the deal will still require approval from the European Commission.
The Danish ocean carrier increased average vessel capacity on its AC2 loop, which operates between Asia and the western coasts of Mexico, Panama and Colombia, by 13 percent.
The Crown Emma ran aground on the western bank of the Bosphorus Strait near Kirecburnu, Turkey and nearly collided with a gas station on shore, according to reports from Splash 24/7.
The Singapore-based ocean carrier joined MOL’s GPX loop this week to offer capacity from Balboa, Panama to Callao, Peru.
The Netherlands-based third-party logistics provider opened a 33,000-square-foot distribution center yesterday 16 miles from Kuala Lumpur that is designed to provide ambient and temperature-controlled storage.
