Carriers on the trans-Pacific have unveiled a bold new pricing approach to the 2015-16 contract season that will establish minimum rate levels and improve the bunker fuel cost recovery mechanism.
Nearly 300 shippers, port authorities and transportation groups are urging the U.S. Congress to follow through with its plan to send more money collected via harbor maintenance taxes back to ports.
While congestion continues to plague ports in North America and northern Europe, a number of other incidents are popping up that are also likely to negatively impact the global schedule reliability of ocean carriers.
Truck rentals are "at an all-time high" as commercial operators seek new ways to match capacity and rising freight demand, a PacLease executive says.
Zenith Global Logistics will expand its fleet as the company continues to benefit from a growing demand for home furnishings in the U.S.
Container port congestion has been a hot topic this year, with issues including late ship arrivals; strikes, or fears of strikes, and their impact; terminal projects; and adverse weather conditions popping up across the world. While some congestion is caused by short-term issues, certain world regions may be at greater risk of persistent congestion in the longer term.
Shippers are getting U.S.-bound cargo more easily through the ports of Vancouver and Prince Rupert as the surge in imports avoiding the U.S. West Coast due to labor talks subsides with the conclusion of the ocean peak season.
Carriers operating in the Asia-Europe and trans-Pacific trades could fall victims to their own tactics, as Alphaliner predicts their refusal to trim capacity and the delivery of big ships could cause major spot rate erosion.
Modern Logistics S.A. has secured funding that will help the Brazilian logistics services provider launch operations within two months, offering regional warehousing and air and ground distribution.
Con-way Freight said it will boost truck driver pay by $60 million in 2015, restructuring pay rates for more than 14,000 line-haul and pickup-and-delivery drivers nationwide.
Several industry associations representing private port terminals throughout Brazil and private terminal operators inside organized port areas were quick to condemn a law intended to clear up irregularities and inconsistencies in an infrastructure improvement plan.
Maersk Line has announced low-sulfur surcharges of up to $160 per 20-foot container on the North Atlantic and lesser amounts on other trade routes to offset the cost of complying with regulations requiring ships to switch to cleaner fuels in 2015.
Toyota will use the Port of Savannah’s Ocean Terminal for exports of several thousand Highlander sport-utility vehicles annually from the automaker’s Princeton, Indiana, plant to Australia and New Zealand.