“We went through a period when growth of shipping was 2-3 times the growth in international economy. I don’t think those times are coming back.”
Facilities with exposure to steel and aluminum trade likely will see the earliest impact.
The liner carrier ordered eight, 3,036-TEU vessels and 12, 2,038-TEU vessels.
Companies are increasingly being asked to pay for damages to equipment, even when they are not at fault, according to a national survey conducted by TCompanies.
China’s imports record strong third quarter with October data also suggesting more goods on the way.
Normal LTL operations resume following vote count Sunday.
“An unfavorable supply-demand balance with weakening freight rates and escalating bunker prices” blamed for $134 million in carriers’ operating costs.
Second-largest cold storage company expands its footprint in the U.K.
Two Lebanese nationals are in custody on charges of attempting to illegally export weapons hidden in a car.
Norfolk Southern appoints senior vice president; Liberian Shipowners’ Council names general secretary
China’s largest retailer partners with Tianjin Air Cargo as it ramps up its logistics business.
Lows water levels are seasonal, but this year has been record, impeding low-cost barges and favoring high-cost trucking.
Threat of higher tariffs continues to push up transpacific rates.
San Francisco firm has developed real-time collaborative logistics platform that “keeps everyone on the same page across the supply chain ecosystem.”
Also in the pickup: better tools for sleep apnea instruments in sleeper berths; does Buffet care about BNSF’ OR?
Chassis lessor says acquisition will enable it to control tire quality and cost.
Chairman of the board taking company reins; technology getting greater focus; and organization reconfirming leadership.
The FreightWaves Research Institute will announce the winners of the Freight.Tech 25 next week at the MarketWaves18 conference at the Gaylord Texan Resort & Convention Center in Grapevine, Texas.
South Korea agrees to meet for bilateral negotiations as Japan threatens complaint with World Trade Organization.
Commissioner Dye said field interviews regarding Fact Finding 28 investigation offer industry further clarity on Federal Maritime Commission report’s objectives.
