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.
U.S. exports of several agricultural products including pork, beef, poultry, apples and forage products are shrinking, and some export opportunities could be lost permanently because of dockworker slowdowns and the gridlock that has emerged at West Coast ports, the Agriculture Transportation Coalition reports.
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.
Kansas City Southern Railway’s intermodal traffic increased 8 percent year-over-year in the fourth quarter of 2014, despite congestion from other U.S. railroads and cross-border diversions that cost it some volume.
UPS is considering "new pricing strategies," including targeted peak-season surcharge prices, after spending $200 million more than expected to deliver packages this holiday season.
Canadian National Railway turned down a request by the Teamsters Canada Rail Conference to extend the current conciliation process by 60 days, saying additional time isn’t required to reach an agreement.
Japan’s five biggest ports saw their international container traffic grow moderately in the first three quarters of 2014