Ocean Transport: Consolidation knock-ons
After the race to consolidate, the world’s container shipping industry must resist injecting too much new capacity into an already volatile market.
After the race to consolidate, the world’s container shipping industry must resist injecting too much new capacity into an already volatile market.
Union says crew cuts and long hours worked are threatening safety.
The mail and logistics company’s revenues for the quarter were driven down by negative currency effects and the sale of Williams Lea Tag.
Navios companies also appear to be pursuing a similar strategy.
The Class I railway reported a net income of $1.1 billion on revenues of $5.6 billion.
A delegation in Beijing last week worked on “improving China’s protection of intellectual property and identifying policies that unfairly enforce technology transfers.”
While traditional big city freight hubs grapple with congestion, a new crop of rural inland ports is springing up as shippers look for efficiencies.
North American intermodal volumes grew 7.2 percent for the quarter thanks to a strong economy, higher fuel prices and an ever-tightening truck market.
The asset-based truckload carrier intends to list its Class A common stock on The New York Stock Exchange under the symbol USX.
The acquisition increases the domestic freight forwarder’s presence in the U.S. mainland-to-Alaska market.
Transit touted as faster than ocean and cheaper than air.
The global logistics provider reported revenues rose 16 percent year-over-year.
The 104-year-old waterway also is increasing the maximum beam for vessels transiting the locks.
Safety, project controls and workforce and business development are the focus of new roles.
Prime minister seeks ways to lower logistics costs and says Lach Huyen holds the key.
FedEx, UPS, XPO and Amazon are among the companies calling for an increase in the national standard; on the other side of the road is the Truckload Carriers Association.
FMC commissioner addresses changing container-shipping landscape and ongoing investigations.
After moving in different directions the previous week, both the SCFI and Drewry WCI gained ground last week.
Customs commissioner tells NCBFAA a lot of work remains to be done.
Multiple accidents have put automated cars and trucks in the hot seat.