Maersk Line is in early talks with Asian shipbuilders for an order of up to 10 container ships that would have capacities of up to 20,000 twenty-foot-equivalents, the Wall Street Journal reported Friday.
The Long Beach port of the future will be a “smart port,” as described the its new chief executive, that uses technology to link all supply chain participants in a unified effort to increase cargo velocity, and an “energy island” that is a self-sustaining generator of clean energies.
When it comes to whether Port Metro Vancouver will experience a crippling drayage strike like it did last March, the ball is in union and non-union drivers’ court.
Congestion on the West Coast, which has led to delays of one to three weeks on nearly all trans-Pacific services, has led carriers to inject significant additional tonnage into the trans-Pacific to maintain a semblance of schedule reliability, Alphaliner said.
Gati Ltd., India’s leading express distribution and supply chain solutions provider, on Tuesday said the growth of e-commerce helped increase net earnings by 60 percent in its third fiscal quarter, which ended on Dec. 31.
In a sea change in Asia-Pacific trade among the world’s three largest economies, the United States retained its status as Japan’s biggest export market for the second year in a row in 2014, edging out China.
HONG KONG — Air freight on the Asia-North America trade is riding a tailwind that filled freighters and bellies in the la
China is the main battleground for the world’s four mega shipping alliances, that collectively depart from 10 mainland ports every week to North Europe in 74 weekly voyages, according to Drewry Maritime Research.
Associations representing truckers and motorists joined the U.S. Chamber of Commerce in asking the new Congress for a federal fuels tax hike to replenish the U.S. Highway Trust Fund before funding runs out May 31.
As the service contracting season in the eastbound trans-Pacific gears up, internal tensions within many large shipper organizations between a procurement and a logistics mentality will once again play out as contracts totaling billions of dollars are negotiated and signed between now and May 1. But procurement is slowly losing out.
The U.S. formally accepted a landmark World Trade Organization agreement that could cut the cost of trade by up to 15 percent and inject up to $1 trillion into the global economy, providing a much-needed boost to sluggish international trade growth.
Congestion and delays at U.S. West Coast ports meant UPS had to scramble to get containerized goods into its inland delivery network and to customers. Higher purchased transportation costs were a factor in lower fourth-quarter earnings.
Kenya’s Dock Workers Union (DWU) has modified its long-held opposition to private operation of Mombasa port’s new container terminal.