Canadian National Railway is seeing a slowdown with its intermodal business tied to the container ports it serves, an ominous sign after the railroad’s intermodal volume was flat in the first three months of the year.
Driver turnover continues to pose problems for the trucking industry, particularly large truckload carriers.
Russia is developing a plan to certify container weighing scales so exporters can meet the International Maritime Organization’s verified gross mass rule with less than 70 days before it takes effect.
Intermodal logistics giant Container Corporation of India is moving heavily into privately operated Krishnapatnam Port, lured by new mainline service additions and strong volume gains at the minor, alternative cargo gateway on India’s east coast.
The first meeting of the newly formed Hong Kong Maritime & Port Board will take place early next month. Chaired by the secretary for Transport & Housing, the body is an amalgam of the old Maritime Industry Council and the Port Development Council. It is designed to deliver more effective governance and strategy over the development of the territory’s port and maritime sector.
Container ships and the industry have come a long way since the days of the Ideal X and the birth of modern containerization. The biggest initial hurdles to containerization were making the concept work.
U.S. shippers and trucking companies ride a pricing 'roller coaster' with more stomach-punishing ups and downs than the Coney Island Cyclone. Derek Leathers, president and COO of Werner Enterprises, would like to shut the ride down.
A sharp turnaround in industrial real estate activity around the Savannah port underscores the white-hot demand nationally for logistics properties as well as shippers putting in place long-term plans to use Southeast versus West Coast ports to access the regional market.
Yildirim Holding is mulling investment in U.S. ports as the Turkish transport and industrial conglomerate pursues its bid to become a top 10 global terminal operator.
Eurogate has signed a contract to operate the Limassol Container Terminal, expanding the German port group’s Mediterranean footprint.