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.
Panalpina’s profit more than doubled in 2014 as the Swiss forwarding and logistics company posted market-beating ocean and air freight traffic growth and narrowed logistics losses ahead of schedule.
The 15 top container carriers are at risk of significant and damaging cyberattacks, according to the head of a leading market intelligence provider and cybersecurity firm in the industry.
The quality, availability and management of data has to improve if the supply chain is to efficiently handle the mountain of information that is now available to carriers and their customers, panelists said at the 13th annual TPM Conference in Long Beach, California.