Chinese leaders seldom miss an opportunity to punt their One Belt, One Road trade strategy, and when premier Li Keqiang met with Lithuanian prime minister Algirdas Butkevicius in east China's Suzhou City, he called for more progress in joint railway and port projects.
U.S. domestic intermodal spot rates have been falling thanks in large part to loose capacity on major lanes, according to third-party logistics provider IDS. The Indianapolis-based 3PL, though, is warning that trend could easily reverse course if the industry is rocked by another winter as it has been in years past.
Charter rates for container ships have fallen completely out of sync as owners in the most hard-pressed segments scramble to secure any short-term cover they can get.
Demand for air cargo shipments in Asia fell slightly in October on the back of continued weakness in export-import activities in major regional economies of China, India and Japan, according to the latest data from the Association of Asia Pacific Airlines.
A decision on whether BNSF Railway will be allowed to build an intermodal container transfer facility considered crucial to growth at the ports of Los Angeles and Long Beach could be made next spring.
Container volume at the Port of New York and New Jersey posted year-over-year gains in October, driven by increased exports of empty containers.
For-hire truck tonnage reversed two months of decline in October even as inventories remain a drag on truck freight volume, according to the latest figures from the American Trucking Associations.
Brazil’s Special Ports Ministry, or SEP, is preparing to launch a new National Plan for Port Logistics, or PNLP, which will outline future growth in the sector up to the year 2042 and underpin investments totaling more than 40 billion reais ($10.77 billion).
Container terminals in China looking to improve their environmental performance need look no further than Shekou Container Terminals.
Eimskip is eyeing fleet expansion after the Iceland container shipping and refrigerated logistics group, posted its best quarterly result since 2009.
The government of Italy has unveiled plans to partially privatize the state rail operator, Ferrovie dello Stato, in 2016.
India’s Ministry of Shipping has updated its guidelines for awarding capital and maintenance dredging contracts at major state-owned ports.
China’s top eight container ports handled fewer containers in October compared with the same period last year as Customs data for the month showed worse than expected international trade figures.