Among the top 10 fastest-growing Asian sources of U.S. imports are a number of nations, such as China, South Korea and Vietnam, that have long played a dominant role in global supply chains for both raw materials and finished products. But there are also a number of surprises on the list.
Zim Integrated Shipping Services refused to comment on reports it is planning an initial public offering in the U.S. next year.
Recent harsh winters, equipment shortages and longshore labor disruptions have taught beneficial cargo owners that supply chain plans of the past are inadequate in today’s unpredictable transportation environment if they do not include risk assessment and management.
China has begun safety inspections of companies handling dangerous goods in the vicinity of Tianjin Port, the world’s 10th busiest container port, as supply chains adjust to the changes wrought by deadly explosions in August.
Shipping Australia Limited is betting the Trans-Pacific Partnership free-trade deal will be a boon for the Australian reefer trade, which the country hopes will offset the trade losses sustained after the commodity bust.
President Obama’s decision to enforce the end-of-year deadline for U.S. railroads to install new safety technology will hurt the network fluidity intermodal shippers depend on, a Norfolk Southern Railway executive said Thursday.
An increase in the annual subsidy for operation of U.S.-flag ships under the Maritime Security Program has been inserted into a U.S. House bill to lift the United States’ 40-year-old ban on oil exports.
Swedish furniture maker IKEA has decided it will make Incheon port its primary South Korean gateway after it began testing out Incheon New Port Phase 1-1 container pier (Terminal B) in July.
Russian containerized rail companies are cutting their fleets this year and plan to do the same next year, as the country’s trade suffers from Western sanctions and the low price of oil.
The imminent suspension of several liner services between Asia and the U.S. East Coast and South America during the slack shipping season threatens to put as many as 50 Panamax container ships out of work by January, according to Alphaliner.
Hutchison Ports Australia (HPA) and the Maritime Union of Australia (MUA) today agreed to extend conciliation talks until November as both sides try to find a way out of a bitter dispute that exploded after 97 workers were fired in early August.
The container shipping industry is facing three more years of overcapacity and financial pain because of slowing global trade and a bloated order book of large vessels, forcing Drewry to slash its growth forecast for 2015 and revise down estimates for future years.
Container line APL has launched a weekly service connecting North Asia markets with the U.S. West Coast using U.S.-flagged vessels in a speedy transit that will be controlled by the carrier from end-to-end, including the rail link to inland destinations.