The sharply divergent fortunes of the air and ocean cargo sectors in Hong Kong are illustrated in a chart from CBRE Research on container and air freight throughput during 2014.
The exclusion of roughly 600 drayage drivers from Port Metro Vancouver’s new licensing system has raised tensions here in what is increasingly looking like a showdown between truck drivers and the government.
Labor disputes on the West Coast and a recovering national economy sent record-breaking cargo volumes to Georgia ports in 2014.
A European Commission proposal calling for carriers and forwarders to identify the buyers and sellers of imported goods in their customs filings has been slammed by the World Shipping Council (WSC).
The development of Oman’s Sohar Port and Freezone and its links to the Arabian Peninsula and Gulf nations have placed the port city firmly on China’s radar as it works to build a “Maritime Silk Road” between Asia and Europe.
HONG KONG — An estimated 10 million square feet of warehousing space will be completed in the Shanghai area this year, wi
SingPost has acquired a 90 percent stake in New Zealand forwarder Famous Pacific Shipping as the regional e-commerce logistics specialist expands its Asia-Pacific footprint.
Only 60-70 percent of India’s port capacity was currently being utilized, and that issue should be addressed before the country embarked on ambitious new port projects, according to Visakhapatnam port chairman M.T. Krishna Babu.
With the global middle class set to grow by nearly 3 billion people by 2030, congestion threatens to choke trade and economic growth, economist Walter Kemmsies told the SMC3 2015 JumpStart conference last week.
The U.S. average spot rate for a dry van truck on DAT load boards dropped below $2 per mile last week for the fist time since May, as a slower post-holiday freight season began.
A dramatic drop in U.S. oil and fuel prices is proving a temporary salve for shippers pinched by rising transportation costs. The relief is only be temporary, analysts warn.
Higher rates, better utilization, more drivers and new holiday business meant more revenue and profit for Covenant Transportation in 2014.
The Pacific Maritime Association on Friday released detailed accounts of the dramatic drop in longshore productivity at West Coast ports that began in late October and continues to contribute to stifling port congestion.