The Long Beach port of the future will be a “smart port,” as described the its new chief executive, that uses technology to link all supply chain participants in a unified effort to increase cargo velocity, and an “energy island” that is a self-sustaining generator of clean energies.
When it comes to whether Port Metro Vancouver will experience a crippling drayage strike like it did last March, the ball is in union and non-union drivers’ court.
U.S. exports of several agricultural products including pork, beef, poultry, apples and forage products are shrinking, and some export opportunities could be lost permanently because of dockworker slowdowns and the gridlock that has emerged at West Coast ports, the Agriculture Transportation Coalition reports.
Orient Overseas Container Line (OOCL) reported revenue of $5.8 billion in 2014, an increase of 3.5 percent that was achieved by the transport of 5.5 percent more TEUs than during 2013.
On the eve of a host of planned general rate increases, Asia-North Europe spot rates tumbled 8.2 percent this week, shedding most of the sharp gains made since mid-January, according to the latest reading of the Shanghai Containerised Freight Index (SCFI).
Hanjin Shipping ended 2014 with a loss of $386 million, an improvement of 37.8 percent that was achieved on the back of a vastly improved operating result.
Apple has released its smartphone data for the fourth quarter of 2014, and while soaring sales of the iPhone 6 doubled its market share in China, the numbers also illustrate the close correlation between the air cargo industry and the constantly evolving mobile phone business.
The Port of Houston posted record container and steel volumes last year, with increases of 4.5 percent in loaded containers and 41.3 percent in steel shipments.
Ripples from West Coast port congestion are striking the U.S.
Stakeholders in the Port of Virginia huddled last week for the second time in three months to hash out new strategies to tackle congestion outside port terminals.
China once again delayed implementation of its advanced vessel manifest filing rule, putting off a requirement that if and when implemented will require shippers to submit shipping instructions to their carriers days earlier than they do currently.
A fresh round of investment will help Cargomatic bring its on-demand local trucking technology to shippers in new U.S. markets.
VANCOUVER, British Columbia — With transloading capacity scarce in Vancouver, an inland port 200 miles away aims to give forestry exporters the consistency in stuffing their products into containers they might not find in the greater Vancouver area.