Latest news

Fifty-two-year shipping industry veteran Ed DeNike received the West Coast Containerization & Intermodal Institute Connie Award Tuesday in Long Beach, California.

The International Longshore and Warehouse Union declined comment, and there has been no public announcement on the details of the challenges, but the union’s constitution is clear on the multistep process that will unfold over the next two months.

A six-vessel India-Middle East-East Mediterranean consortium — comprising CMA CGM and Cosco Container Lines — has shifted operations from APM Terminals’ Gateway Terminals India to PSA's Bharat Mumbai Container Terminal.

“Unfortunately, a no-deal scenario is still quite possible,” according to European Council President Donald Tusk. “But if we act responsibly, we can avoid a catastrophe.”

Zeaborn, which was established in 2013, became a major player in the multipurpose shipping sector through the acquisitions of Rickmers-Linie.

Maersk has taken the next step in its pursuit to become a supply chain integrator akin to UPS or FedEx.

The biggest disruption is for truckers traveling Interstate 95 through the Carolinas. Flooding has shut down most of I-95 in North Carolina, except for a nine-mile stretch.

Precision railroading’s supporters argue that by running longer trains and eliminating waste, shippers will receive a higher level of service. Critics argue it prioritizes shareholders over service.

So far, India's cabotage reform has boosted transshipment business for private ports more than anticipated.

Marine terminals, rail ramps, and distribution facilities provide ideal opportunities for the use of autonomous vehicles.

However, forecasters warn shippers that they are merely making an educated guess regarding rates, given the factors that could change; so, a sound strategy would include paying close attention to spot markets in the next six months.

The focus now turns to how dramatic the post-peak season decline will be, and if it will take place earlier than normal after shippers front-loaded their supply chains to avoid US tariffs.

Tech startup Flexport’s rockstar status in the international logistics sector means it's under the microscope concerning volume, whether it can produce a profitable business model or achieve a profitable exit for its investors, and what it actually does that represents a fundamental break in the forwarding industry.

The law and the complaint suit are the latest salvos in the ongoing dispute between the commission on one side, and on the other the New York Shipping Association and the International Longshoremen’s Association, over the commission’s role at the port. Both sides contend that they are trying to correct problems that can hinder the smooth operation of the port and therefore the cost-efficient flow of shipper’s cargo.

As the US chassis sector evolves, no one method of operation fits all ports/regions, but one appears to offer truckers an advantage.

SKIL Infrastructure Ltd. has been interacting with Sri Lankan authorities and officials in New Delhi regarding a strategic collaboration between the two nations for the construction of a multipurpose harbor-cum-industrial zone at Trincomalee.

Estimates on the cost of the container shipping industry meeting the mandate range from $5 billion to tens of billions of dollars, but ocean carriers are uniform regarding one aspect of this substantially higher cost.

“We sit in between the producers and our customers,” said Dirk Martin, senior director of transportation planning at Univar, a global distributor of industrial and specialty chemicals. “Downtime for [a customer’s] processing facility is hundreds of thousands of dollars, if not millions per hour. That’s our motivation for visibility: customer service.”

A new breed of commercial solutions, mostly developed by startups, aiming to reshape price discovery and ease of quoting, has engendered new possibilities when it comes to freight derivatives.

The smaller brokerage focusing on shipper supply chain management is GlobalTranz’s first major deal since it was sold to a new private-equity owner in June.

The move by TraPac provides additional evidence regarding the North American port trend to extend terminal gate hours to accommodate rising volume.

Some argue the planned roughly $1.4 billion upgrade will make the port more efficient, with modern services for shippers that should reduce cargo processing time, while others argue it concentrates terminal ownership too much.

Extra-loaders have made their presence felt, but is that extra capacity capable of ending the escalation in trans-Pacific spot rates long term?

According to Russian business professionals and shippers from the Russian Union of Industrialists and Entrepreneurs, demand is growing for complex services at its ports — services that, when added, will help Russia compete against ports in nearby countries.

The spot market between Asia and Europe remains stronger than at the same time last year, but the rate is beginning to follow a pattern that will likely concern ocean carriers.

The hurricane headed for the Carolinas as of Thursday, with the ports of Savannah and Virginia having reduced exposure.

A stronger US economy and pent up demand in emerging markets, among other factors, bodes well for the multipurpose sector moving forward.

There are many values and performance requirements in a cargo transport relationship, but this year in the chaotic trans-Pacific trade, one value is coming to the forefront.

There were several, telling data points that placed the business loss in a historical context.

The plan calls for targeting transshipment cargo at the east coast ports of Visakhapatnam, Chennai, Krishnapatnam, Kattupalli, and Ennore through expanded feeder networks.

Overall, recent research by Drewry Supply Chain Advisors found that the liner shipping industry is exposed to $34.4 billion in invoice and payment processing inefficiencies, based on 1.26 billion invoices issued in 2017.

Montreal is the latest North American port to extend terminal gate hours and place a charge on containers to pay for it, and given the volume trend at the port, it’s not a moment too soon.

One overriding factor is underpinning the sailing cancellations.

New facilities and advanced technology paved the way for six-day operations, FedEx executive vice president Rajesh Subramaniam said Wednesday.

Revenue from 53-foot trailer-on-flat-car (TOFC) moves in the North America is up in a big way this year, so far, through August. But is 53-foot TOFC revenue an accurate leading indicator of overall domestic intermodal demand?

The Dubai-based port operator said the transfer of Port de Djibouti SA shares in the terminal joint venture to the government of Djibouti appeared to be an attempt to undermine a new ruling by the English High Court on the increasingly acrimonious dispute.

The port of Halifax’s volume has grown amid the global economic recovery, and now it has a flexible expansion plan to position it for even greater volume and bigger ships.

It did not take Hurricane Florence making landfall on the continental United States to have it affect freight rates.

One could argue that the US truck sector has reached its peak, but others believe that with a robust manufacturing sector and other sources of growth, another year of strong truck sector gains is ahead.

The Virginia Port Authority's goal is to create a predictable, reliable, steady flow of trucks during the hours of reservations and a better experience for all customers; and so far, so good.