Supply chain

Legislators’ recent and rare interest in rewriting the Shipping Act of 1984 has been sparked by fear that the three shipping alliances have too much power and the Federal Maritime Commission doesn’t have a strategy to rein them in.

The Tokyo-based company has lost 8.9 percent of its value.

The acquisition, said to be worth around $4 billion, will cement Maersk’s position as the world’s largest container line.

Although more than 90 percent of Samsung SDS’s logistics business originates with Samsung Electronics, Samsung SDS also handles the logistics for approximately 400 other beneficial cargo owners.

Most supply chain managers and executives believe that a digital supply chain will be the “predominant model” in the next five years, and many expect predictive analytics will be a source of disruption and heightened competition.

Whoever wins the bidding would gain access to a Brazilian flag, which would allow them to operate along the Brazilian and Mercosur coastline.

The Federal Maritime Commission’s unanimous decision not to block the East Coast Gateway Port Terminal Agreement, the first of its kind in the United States, sets a precedent for port partnerships of this kind.

From the perspective of an online buyer, distinctions between strictly carrier and logistics services are blurred.

The Twill online portal, billed as a “virtual freight forwarder,” will go online Monday, but will only be available to UK shippers and then only those importing cargo from China.

US Customs and Border Protection is chipping away at unfinished parts of its omnibus Automated Commercial Environment system for electronic document filing.

“The alliances are a tremendous concern.”

Customs clearance at Russian ports is set to take longer.

Eimskip in the last two years has acquired two freight forwarders focused on reefer cargo.

The project is tied to CBP's still-incomplete Automated Commercial Environment.

Proposed Canadian legislation would allow EU-based carriers to reposition empty containers between domestic ports.

"Customers change over $50 a container.”

The lower level of increase makes it less likely that shippers will move volumes to Russian rail operators.

India's growth potential elevates prospects for breakbulk and heavy-lift shipments.

The original rulemaking announcement, however, did not include the new rule’s effective date.

CEVA Logistics and Anji, China’s largest automotive logistics provider, have agreed to renew and expand their joint venture partnership.

A Mexican government report alleging a lack of competition among the country’s top three rail operators may be the first test of a new railroad regulatory agency created last year.

Companies like Berard play a crucial role in project cargo transportation.

Hong Kong, China, Egypt, and Chile have modified their all-out ban of Brazilian beef exports to focus only on rejecting shipments from 21 packing plants.

HSH Nordbank booked a loss provision of 2 billion euros for loans to its struggling shipping clients.

The EU’s Port Services Regulation has finally come into force.

The new rules underscore a recent trend of greater government scrutiny of the pricing practices of the world’s leading ocean carriers.

Investor interest in digitalizing the logistics process continues to grow.

Most of the latest investment will be spent broadening the current focus on trans-Pacific routes to include other parts of the world.

Although the 2M Alliance will launch April 1, the HMM agreement will go into effect as soon as March 30.

The fine against each company could reach 9-10 billion rubles ($150-170 million).

The same legislation was introduced once before without ever making it out of the Senate.

Japanese authorities have ordered Yusen Logistics Co. to completely suspend its customs clearance operations.

India’s major ports face a fresh threat of labor stoppages.

The Department of Justice declined to say why CEOs of major carriers were served subpoenas March 15 at the biannual Box Club meeting in San Francisco.

The future of the Compliance, Safety, Accountability or CSA program increasingly is in doubt.

The scandal revolved around a federal police investigation that translates to “The Flesh is Weak.”

A federal judge has allowed a bank to foreclose on and sell its interest in more than 1,500 Hanjin Shipping containers to repay the bank for owed lease payments.

The decision on the deal, said to be worth around $4 billion, was due on March 27.

Beyond the headline numbers of multi-billion-dollar investments, Belt and Road is an opaque concept.

The Department of Justice is targeting a “gray area” between its authority and that of the Federal Maritime Commission.