Financial improvement for container shipping companies may be short-lived if carriers mismanage ship capacity on the way, Fitch Ratings said Tuesday.
At $4 billion, the Port of Long Beach is in the middle of the largest seaport capital improvement program in the US, depu
Total US business logistics costs dropped in 2016 for the first time in seven years, the 2017 State of Logistics Report says. Are they poised to bounce back?
Canadian shippers and the head of Canada’s largest port have argued monetizing the country’s 18 port authorities could increase port user fees, limit public oversight, and threaten investment in waterside infrastructure.
Teamsters expand picketing to additional motor carriers in LA-LB.
Artificial intelligence advancements in gathering and analyzing logistics data are providing ways for the container shipping industry to plan further out and more accurately.
The Russian economic recovery is driving dramatic increases in ocean shipping freight rates.
“We are in a critical situation.”
Insufficient transparency and coordination are hindering cargo movements, but it is unclear whether the industry is ready to accept the remedies needed.
Port sector consolidation in China is expected to accelerate this year.