Malaysia plans to invest millions of dollars into the transportation infrastructure supporting Port Klang in an effort to boost exports out of the country’s main maritime gateway.
New York-New Jersey port truckers are growing frustrated with delays accompanying a late-winter cargo spike that container terminals are struggling to handle.
Lost-time injury incidents at West Coast ports in 2014 declined by almost half compared to the peak year of 2002, according to the annual safety report published by the Pacific Maritime Association.
U.S. Senate legislation introduced on Wednesday could allow railroads to expedite construction of intermodal terminals and other projects, providing shippers with more capacity and more reliable service.
DB Schenker Logistics profit stalled in 2014 even as the company increased ocean container, air freight and trucking volumes.
Ocean carriers must unlock more value from alliances and accelerate internal transformation programs to restore profitability, according to Boston Consulting Group.
Revenue from Li & Fung’s logistics network soared 66 percent in 2014 to $874 million as the acquisition of giant sea freight forwarder China Container Line last year made its presence felt on the financial statements of the supply chain and sourcing group.
China is steadily adding to the rail network linking the mainland with central Asia and Europe, with a large portion of the $130 billion rail development budget for 2014 spent on improving connections in central and western parts of the country.
The formidable challenges facing Hong Kong port were perfectly captured in the above illustration that was presented with OOCL’s 2014 financial results recently. Few, if any, ports around the world have had to cope with such a thorough change in cargo mix over a relatively short period.
The Port of Virginia is about to enter its second week of near-unprecedented congestion that has now spread to three of its four terminals on the Elizabeth River.