“Every port will be on strike.”
Demand for warehouse and distribution space was unabated in first quarter despite low vacancy rates and increasing rents.
Two recent announcements of Charleston-area transloading facilities show that resin producers are casting a wide net for ports.
Future partners focus on better utilizing assets as excess capacity keeps pressure on truckload rates.
Traffic measured in revenue cargo tonne kilometers grew 6.3 percent.
Seaspan Corporation’s earnings and revenue declined in the first quarter.
Higher industrial output helped increase the frequency and weight of LTL shipments in the first quarter at Old Dominion Freight Line.
Cargolux posted a sharply reduced profit and lower revenue in 2016.
The Dubai-based port operator handled 16.4 million TEU in the first three months of 2016.
The move seeks to solve a core problem that underpins the industry’s slow pace in digitalizing processes.