A Port Metro Vancouver terminal closed Wednesday afternoon after a four-alarm chemical fire started in one container and spread to others.
The U.S. needs to boost its exports to fast-growing emerging markets, but it faces a number of barriers that stand in the way of a more balanced trade, Walter Kemmsies, chief economist of port design consultancy Moffatt & Nichol, told a panel at the 15th annual TPM Conference on Tuesday.
Indian dockworker union leaders and officials from the Ministry of Shipping are expected to hold talks on Wednesday in New Delhi in an attempt to avert an indefinite industrial action planned to begin March 9 at major ports, including Jawaharlal Nehru Port Trust, the nation’s largest container handler, port sources in Mumbai said.
The West Coast port crisis inflicted severe pain on North American agricultural exporters, but there’s little chance of them diverting cargo to other ports like some of their retail counterparts.
An East Coast dockworker Wednesday shocked importers and exporters that use West Coast ports by saying something completely opposite of what they have experienced from West Coast longshoremen the past four months.
Truckload carrier C.R. England is raising driver pay for the third time since November and the second time in the last 40 days, while offering bonuses to successful driver trainers.
The Port of Virginia said Wednesday that a hold is still in place on all export intermodal rail traffic at its Norfolk International Terminals as the port continues to cope with significant rail volume at the facility.
Protracted West Coast port delays will push Dollar General to shift more import cargo to the East Coast, a logistics executive for the discount retailer said Wednesday at the 15th annual TPM conference.
The build-out of cold storage capacity is on fire around the world. From 2012 through 2014, total global capacity grew 20 percent to 552 million cubic meters, an increase of 92 million cubic meters in just two years, according to the 2014 IARW Global Cold Storage Capacity Report.
Drug giants AstraZeneca and Baxter are shifting more cold chain shipments from air to ocean, attracted by lower transportation costs, a reduced carbon footprint and mitigated security concerns, according to Outsourcing-Pharma.com.
Anticipating significant growth in freight traffic, the government of India will allow state-owned Railways to create a new arm to provide end-to-end logistics solutions.
The International Longshoremen’s Association and United States Maritime Alliance plan to open discussions about a new, long-term contract more than three years before their current East and Gulf coast labor agreement expires.
CEVA Logistics posted slightly lower revenue and earnings in the fourth quarter of 2014 as currency movements outweighed market-beating increases in ocean and air freight volumes.