Maersk relaunched SeaLand in January to provide more specialized service in the Americas’ north-south trade. After some early hiccups, it is now reporting solid progress.
Yilport Holding, the leading Turkish port operator, has reached agreement to take over Tertir, a Portuguese port and logistics company, with terminals in Europe and Latin America.
Total U.S. freight movement dropped in August, and new orders also declined, setting the stage for flat growth for the rest of the year, forecasts an organization representing supply chain logistics professionals. The message builds on the ominous signs for freight growth seen through high inventories and high sales-to-inventory ratios.
Jawaharlal Nehru Port Trust, India’s biggest container handler, is increasing intermodal train deployments and rolling out more proactive measures in an effort to alleviate the backlog of containerized freight built up during the past few weeks.
HONG KONG — The merger between Ningbo Port Co. and Zhoushan Port Co.
Although most of the factors behind the drop in full-year earnings guidance by Swift Transportation last week were unique to Swift, trucking companies do face some broad challenges this fall.
The fast-growing port of Dar es Salaam is working to double its annual capacity to 30 million metric tons per year and reduce dwell times from nine days to five by 2020, in an effort to become the top gateway to landlocked East African countries.
Refrigerated ocean cargo volumes are bound to grow at an accelerated pace in the coming years despite economic difficulties in key emerging markets, experts say.
U.S. containerized imports this year will surpass 20 million 20-foot-equivalent units for the first time, driven by continued strength in housing, automobiles and consumer spending, predicts JOC Senior Economist Mario O. Moreno.
Strikes and slowdowns by Brazil’s customs officers are creating serious delays for chicken exporters in Brazil, according to the Brazilian Association for Animal Protein (ABPA).