Truckers buying diesel fuel in the U.S. must think they've entered a timewarp, with the average U.S. diesel price tumbling by $1.30 per gallon over the past year to $2.51 per gallon, a price not seen since 2009. Oil markets proved volatile this week, but experts say oversupply is likely to keep a cap on crude and fuel prices for some time to come.
After a summer-long buildup of vessels at anchor due to a lengthy labor shortage, the Port of Oakland on Tuesday reported that for the sixth straight day, vessels were not being delayed upon their arrival in port, giving shippers hope that the worst is behind them
Sluggish global demand has made this a rough year for U.S. exporters, with no quick recovery in sight.
As peak season nears, U.S. domestic intermodal spot rates last month fell to their lowest point since September 2012, a result of intense competition from the over-the-road sector and weaker than usual demand, according to third-party logistics provider IDS.
A GT Nexus, YouGov consumer survey finds many shoppers complain of stock-outs even as retailers see inventory levels surge, a sign of increasing supply-chain complexity and low "visibility."
$10 billion industrial supplies distributor W.W. Grainger acquired a British company, Cromwell, that will help scale its online offerings in Europe,
Truckers serving Conley Container Terminal at the port of Boston can use a newly-launched app to find out when containers are ready to be picked up, another sign of how technology is being tapped to improve port productivity
Menlo Logistics will open a new logistics center in Eindhoven, the Netherlands, early next year, as growing e-commerce sales, both domestic and cross-border, are forcing changes in European supply chains and logistics networks.
Transplace has appointed Brian Kenney, a long-time logistics industry executive, as senior vice president of Tr
SEKO Logistics has appointed Rick Lee, an industry veteran who most recently led global logistics at a technology company, as chief operating officer.
APM Terminals-operated Gateway Terminals India is showing no signs of getting ahead of the disruptions, labor or otherwise, that have halted operations at the largest container facility in Jawaharlal Nehru Port Trust at different times during the past year.
Harbor truckers in Los Angeles-Long Beach sincerely want terminal operators to succeed in their ground-breaking plan to develop a system of appointments throughout the harbor. But they fear that the logistics involved in coordinating as many as a dozen stand-alone trucker appointment systems will be very difficult to arrange.
OOCL and Emirates Shipping Line on Tuesday lifted their emergency surcharges imposed earlier for import cargo handled at Jawaharlal Nehru Port Trust, India’s biggest container gateway, citing an improvement in port operations.