Kansas City Southern Railway is scaling back its outlook for intermodal growth this year after service and equipment issues slowed first-quarter growth in domestic and cross-border traffic.
Japan posted a monthly trade surplus for the first time in nearly three years in March, as exports grew on the back of a weaker yen, led by robust U.S.-bound shipments, while imports tumbled due largely to lower oil prices.
India and Bangladesh agreed to extend an earlier protocol dealing with “inland water transit and trade” cooperation between the two countries, with provision for automatic renewal in line with a proposed amendment to the Bangladesh-India trade agreement, the Indian Ministry of Shipping said in a written statement.
An enormous amount of money, energy and time is being spent by retailers and consumer goods manufacturers on improving their omni-channel sales capabilities, but only 16 percent are finding profitability in this fast developing e-commerce sector, a JDA Software study has revealed.
If he were a shipper trying to transport his goods from Asia on the east-west trades, service integrity would be the chief concern for Pacific International Lines (PIL) managing director Teo Siong Seng.
In the latest of several major logistics acquisition, Echo Global Logistics acquired $561 million 3PL Command Transportation, bringing its total annual revenue within range of $2 billion.
BMW Group broke ground Tuesday on a vehicle distribution center at the Port of Galveston that the automaker will open next year to import and process approximately 32,000 vehicles a year.
The Port of Portland, Oregon, is doing its best to keep containerized cargo moving up and down the Columbia River, even if it means encouraging freight to move to Seattle and Tacoma until the port can attract new liner services.
Truck tonnage increased in March after a February fall, riding a wave of stronger consumer confidence, retail sales and U.S. imports.