Lower diesel prices at the pump mean lower trucking fuel surcharges, and the loss of fuel surcharge revenue is cutting into the profit margins of less-than-truckload carriers.
Canadian National Railway expects intermodal to stay strong as shippers frustrated with U.S. West Coast port congestion push U.S-bound loads through Canadian ports and onto its network running through Chicago and down to New Orleans.
The sharply divergent fortunes of the air and ocean cargo sectors in Hong Kong are illustrated in a chart from CBRE Research on container and air freight throughput during 2014.
The Port of Virginia is battling congestion but at least is no longer being castigated by the state for lacklus
Cathay Pacific’s new air cargo terminal in Hong Kong handled 1.45 million tons during 2014 in its first full year of operation.
A scarce supply of industrial land will continue to push up warehouse rentals in Hong Kong, keeping landlords in the pound seats while ramping up operating costs for third party logistics providers.
Demand for U.S. industrial property will remain strong for at least the next 24 months even though the market for manufacturing and distribution facilities has experienced four years of continuous growth, according to the latest U.S. Industrial Outlook published this week by CBRE Research.
The exclusion of roughly 600 drayage drivers from Port Metro Vancouver’s new licensing system has raised tensions here in what is increasingly looking like a showdown between truck drivers and the government.
Canada's second-largest LTL operator pushed deeper into Western Canada by acquiring a division of Alberta-based Hi-Way 13.
After rising past $2 billion in revenue, non-asset Total Quality Logistics is expanding its physical network in North Carolina, opening an office in Durham.
Leading container shipping groups are under fire from a safe shipbreaking campaign group for continuing to send vessels to "sub-standard" beach demolition yards on the Indian sub-continent.
United Arab Shipping Co. has ordered 2,000 reefer containers as it prepares to expand into the South American liner trades.
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.