Harbor drayage companies on the U.S. West Coast feared that a provision in the new International Longshore and Warehouse Union contract mandating longshore inspections of chassis would cause uncertainty and delays for truckers, but they didn’t imagine that it would happen so quickly.
Vessel reliability in the trans-Pacific trades is beginning to improve now that West Coast labor issues have been resolved, but it still has a long way to go before it is acceptable, metrics provided by Seaintel Maritime Analysis and the Marine Exchange of Southern California show.
CMA CGM is launching a trans-Atlantic service with Hamburg Sud and United Arab Shipping Co., and enhancing another service after the French carrier shipped 35 percent more volume between the U.S. East Coast and North Europe in the first three months compared to the same period year ago.
The positive air cargo indicators continued to line up through April with Asia’s airlines reporting a steady a rise in volumes, aided by the lingering effects of U.S.port congestion.
Intra-Asia freight rates have fallen off a cliff during May on some of the regional routes, with China to Japan spot rates falling by up to 75 percent compared to the same month last year as capacity pours into the trade.
It is unlikely to be casual Friday on May 28 as the new Japan Post-owned Toll Group marks its first official business day.
Freight broker Total Quality Logistics added voice search technology to its Carrier Dashboard smartphone app, letting drivers talk, not type as they search for freight.
It has become increasingly unlikely that the Export-Import Bank, the official export credit agency in the United States, will survive the 114th U.S. Congress.
The truck leasing arm of Paccar plans gradual expansion across Australia as shippers and carriers replace the nation's aging heavy trucks and 'road train' tractors.
The air cargo industry is riding a tailwind right now. And while growth hasn’t been spectacular by any means, industry insiders say it’s been sustained and healthy — a vast improvement from where it was just a year ago.
Canadian containerized imports are slated to rise 4 percent this year compared to last year, according to World Trade Services, a sister product of JOC.com within IHS Maritime & Trade.
Trucking and logistics giant Transport Corporation of India said across-the-board gains in freight volumes helped drive consolidated net income up 13.6 percent year-over-year in fiscal year 2014-15, which ended March 31.
The idle container fleet shrank slightly to 101 vessels with a total capacity of 323,000 20-foot-equivalent units on May 18 from 106 ships aggregating 348,000 TEUs two weeks earlier, according to Alphaliner.