The group attributed the decrease to volume erosion, specifically in Canada Post’s transaction mail business and higher employee benefit expenses.
CEVA appoints CFO, DB Schenker selects CIO, CenterPoint names senior VP of investments, and Troy Container Line picks Midwest account executive.
The Panama Canal Authority (ACP) said “water filtration” issues were discovered during testing of the new Pacific locks.
The Florida port is trying to jump start its container business and install infrastructure to make Central Florida a more attractive logistics option for importers and exporters.
The Pacific Merchant Shipping Association said the ever-increasing size of ships means pilot revenues will continue to grow naturally without need for a rate increase.
The authority said that as a result of recent rainfall, there is no longer a need for the second draft restriction that was tentatively scheduled for Sept. 15.
The Commerce Department, in its preliminary determinations, has found that imports of certain uncoated paper from Australia, Brazil, China, Indonesia and Portugal have been dumped on the U.S. market.
The port received two Liebherr ST P167L (WS) container gantry cranes last week in preparation for the port to officially enter service next month.
The logistics provider and container terminal operator posted operating profits of 82.6 million euros for the first half of 2015, a year-over-year increase of 1.5 percent.
The cargo division of Virgin Atlantic reported a year-over-year increase of 33 percent in cargo that departed from Dubai in the first half of 2015.
The new facility in Mount Maunganui, New Zealand, will provide Bay of Plenty exporters more choice and offer improved access to overseas markets, according to a statement from the port.
Ocean carriers Maersk Line, CMA CGM, CSCL, MOL and Hyundai issued general rate increases.
ZIM has appointed a president to lead its newly established U.S. agency, while SEKO names chief client solutions officer.
A Department of Transportation study found over 75 percent of truck drivers and nearly 66 percent of logistics professionals reported regularly having difficulty finding safe – and legal – parking during rest periods.
UTi’s new CEO Feitzinger is resolved to bring back freight forwarder’s shine.
This is the third, and final, part of our discussion of the pending maritime financial tsunami. Shippers are, for this discussion, the direct buyers of ocean transport. They use service contracts, spot market rates, relationships with carriers, and other methods to get rates for their shipments. There are two buyer subsets—BCOs and OTIs. […]
On Second Thought with John Tabor It’s hard to believe that we are now halfway through the third quarter of 2015, and closing in on the back-to-school season that kicks-off the frenetic, end-of-year run of holidays. Before we plunge into Q4, let’s take a look back at some of the trends that shaped 2015, […]
Part of a shipment of polyester flags and rubber mats from a Chinese company, Chesta, was damaged or lost when a BNSF train derailed. An intermodal container containing the cargo arrived from Shanghai in Los Angeles and then was put on a BNSF train for inland carriage to the consignee and owner of […]
E-commerce improbably only accounts for about 7 percent of total U.S. retail sales, according to Census Bureau statistics in the first quarter of 2015. I say “improbably” because I’m pretty sure my wife and I account for at least 1 percent alone, given our predilection for Internet shopping. All kidding aside, it […]
The problems at cargo hubs—whether seaports, airports or intermodal rail transfer facilities—often parallel each other and underscore the need for a national conversation among supply chain stakeholders to apply local lessons in a more systematic way where possible. Take away the names and one might not be able to distinguish from the problems […]
