“For a fourth year in a row, we recorded an improvement in operating profit.”
New infrastructure is expected to be in place by 2021.
APM Terminals Mumbai said canceled sailings are largely to blame for a return to truck congestion at Jawaharlal Nehru Port Trust.
After recording seven straight weeks of declines, spot rates on the China-Europe route have increased.
Forwarders are wasting a huge amount of time and effort on managing the ever changing ocean freight rates, and it is placing a significant cost burden on the industry.
Eimskip aims to make weekly visits by 2020.
APL product aims at shippers with day-definite intermodal shipment needs.
As railroads are moving intermodal operations closer to their end markets, those end markets are fighting back projects they say test the limits of local infrastructure.
“Thousands of companies and millions of workers rely on these ports.”
Shipper demands for more integrated services helped spur merger of regional less-than-truckload carriers Central Freight Lines and Wilson Trucking.