The downside to an industry sector having a great quarter is that it places immense pressure on it to repeat the feat the following year or the comparisons will be dismal. This is where the air cargo industry finds itself after the first quarter of 2016.
Container volumes have returned to pre-recession levels and carriers are deploying super-post-Panamax ships in the U.S. trades.
CargoSmart Chief Commercial Officer Lionel Louie and JOC Senior Content Editor Alessandra Barrett chat at the 16th TPM Conference about the digitization of critical shipping information and the shortcomings of electronic data interchange, which is widely used in the industry. The two also talk about the challenges to digitizing data and how technology can help shippers in their daily operations.
JOC Senior Content Editor Alessandra Barrett and Canadian National Railway Executive Vice President and Chief Marketing Officer J.J. Ruest got together at the 16th TPM Conference in Long Beach to talk about the railroad’s new intermodal terminal at the Port of Mobile, how it fits into the company’s overall network, and the success of its services at Prince Rupert, Canada.
Hanjin Shipping’s creditors Wednesday approved the shipping line’s proposal for voluntary restructuring of its debt.
DP World Caucedo Executive Director Morten Johansen and JOC Senior Content Editor Alessandra Barrett discuss the strategic value of the Caucedo port, its free trade zone and its new logistics center and hub that will benefit from the opening of the expanded Panama Canal at the 16th TPM Conference.
Damco profit jumped triple digits in the first quarter.
Two additional groups of vehicle shippers have filed class-action complaints seeking double damages for alleged shipping act violations by 10 roll-on, roll-off carriers involved in criminal and civil price-fixing investigations.
Unexpected and unseasonably rough seas caused the closure of Santos, South America’s biggest port for containers.
Every major metric of performance for APM Terminals suffered in the first quarter.
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