Growth in the global reefer market this year will likely outpace the lukewarm performance of the past few years, according to industry analysts.
The economic fundamentals of the trans-Pacific trade are strengthening, setting the stage for what would normally generate rapid growth in container volumes, especially in the eastbound trade. But this isn’t a normal year.
BNSF Railway plans to invest $103 million in its Kansas rail operations and an intermodal logistics center southwest of Kansas City.
Air cargo leaving India has been hit with severe delays because of poor weather and the lingering impact of U.S. West Coast port congestion on world trade, according to a U.S. freight forwarder specializing in air and ocean freight in the Far East.
Cargo interests undoubtedly are relieved that the International Longshore and Warehouse Union and the Pacific Maritime Association reached a tentative contract deal on Feb. 20 after more than nine months of unexpectedly difficult negotiations, but now it’s time for importers and exporters to reassess their commitment to West Coast ports.
Trucking companies and shippers in the United Kingdom are asking for financial help from the government as they struggle to recruit truck or lorry drivers.
A bill introduced in the House of Representatives this week would establish national hiring standards for shippers, brokers and other parties contracting or using trucking companies.
PSA International kick-started work on its $350 million expansion of Jawaharlal Nehru Port Trust after signing a contract related to dredging and reclamation work for a fourth container terminal at India’s largest container gateway.
The three major chassis providers in Southern California finalized an agreement Friday that should guarantee equipment availability and eliminate the costly shuttling of chassis among 11 of the 13 container terminals in the largest U.S. port complex.
The Port of Los Angeles is teaming up with terminal operators and a harbor drayage company to launch a container free-flow operation aimed at reducing congestion at the largest U.S. port while delivering import loads to retailers and other large shippers quickly and efficiently.
A new incentive program for ocean carriers at Philadelphia could bring more than 1 million new containers through the city’s Delaware River terminals over the next five years, according to the Philadelphia Regional Port Authority.
A broad measure of business activity for the Chicago are plunged in February with much of the blame being laid at the door of the West Coast port labor standoff.