European air freight shippers are facing fresh disruption today as a strike by Lufthansa pilots forced the cancellation of 50 long-haul flights to and from Frankfurt, Germany, the German carrier’s global cargo hub.
The idle container ship fleet has shrunk to a three-year low, driven by rising carrier demand for Panamax vessels of 3,000 TEUs to 5,100 TEUs capacity, according to Alphaliner.
The world’s top integrators are waiting to see how the recent ruling by China’s State Council to liberalise domestic package delivery will play out across the multi-billion dollar market dominated by a multitude of small low cost operators.
Hamburg Sud subsidiary Alianca Navegacao e Logistica has expanded its coverage of the east coast of South America by adding two new vessels into its Brazilian cabotage and Mercosur Gran Cabotage services.
United Arab Shipping Co. expects that as mega-alliances increasingly consolidate the container shipping market, freight rates will stabilize, which could be bad news for shippers.
Ryder System is expanding its inland distribution network in Mexico, starting with a transloading center for Chrysler at the Gulf Coast Port of Altamira.
Chassis shortages, huge cargo discharges from big ships and a labor force that is stretched to the limit are contributing to a congestion problem that Los Angeles-Long Beach can’t seem to shake. But chassis are the main culprit, executives say.
Port Canaveral has been cleared by the Treasury Department to proceed with the 35-year lease of the Florida port’s planned container terminal to United Arab Emirates-based Gulftainer.
The East Coast's fastest-growing port could double its capacity in the next 10 years and plans to knock out all U.S. East Coast competition along the way.
Australian dockworkers are planning to walk off the job next week at DP World terminals in Melbourne and Sydney as part of a contract dispute, according to a report.
The blossoming economy in Morocco is presenting opportunities for port investment, and officials are hoping good news could spur up to $8 billion in new port infrastructure.
This week’s intermodal volume was a record high for U.S. railroads, breaking the previous record set the week before, according to the Association of American Railroads, again signaling that the peak season is revving up for intermodal shippers as the ocean peak subsides.