Midwest grain and soybean exporters who ship by barge down the inland waterways system will gain an advantage over global competitors at the end of 2015. That’s when the Panama Canal’s big new locks open to commercial traffic, allowing larger ships to carry more product from the U.S. Gulf to fast-growing markets in Asia at lower cost.
15 Nov 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November, December and January.
12 Nov 2013
CEVA Logistics has continued its strategic development of operations in Asia with the introduction of its new aerospace storage area in Singapore.
06 Nov 2013
Major merger and acquisition activity in the global transportation and logistics industry was nothing spectacular in the third quarter, but a potential wave of privatization of ports, airports and roadways could energize the market in the coming year.
04 Nov 2013
CMA CGM has added a weekly call at the Port of Vitoria, Brazil, to its fixed-day, weekly BRAZEX service connecting South America’s east coast to the Caribbean.
22 Oct 2013
The U.S. Government Accountability Office has published a report, “DHS Could Improve Cargo Security by Periodically Assessing Risks From Foreign Ports,” recommending...
07 Oct 2013
U.S. containerized exports inched up roughly 1 percent year-over-year in July, to 966,148 20-foot-equivalent units, according to preliminary figures from PIERS, a JOC sister company. July’s slight increase was a rebound from a 4.5 percent drop in June, when exports hit their lowest level since July 2011.
07 Oct 2013
Ocean carriers’ tactic of shifting surplus capacity from east-west trades to north-south routes is nearing “saturation point,” according to Drewry Maritime Research.
02 Oct 2013
U.S. containerized imports grew 2.5 percent year-over-year in July, according to advance figures from PIERS, a JOC sister company. U.S. containerized imports totaled 1.62 million 20-foot-equivalent units in July, the highest volume since 1.65 million in August 2007.
30 Sep 2013
SINGAPORE — Emerging nations still offer the most opportunity for businesses and logistics service providers, even if growth rates have slowed, industry leaders told delegates at a major logistics conference held in Singapore last week.
30 Sep 2013
Aliança, a subsidiary of Hamburg Süd, has christened the Fernão de Magalhães, the second of four new container ships for the carrier’s cabotage fleet.