The G6 Alliance has added the Canadian port of Halifax to its Asia-U.S. East Coast service, citing market demand as the container shipping industry limps closer to the traditional peak season period.
Air cargo carriers have low expectations for the summer months but are expecting a traditional fourth-quarter peak season to lift volumes and help counter excess capacity and falling yields.
Speculation is rising that the three largest global container lines are considering buying the last surviving Brazilian-owned container shipping company, Log-In Logistica Ltda.
China’s ability to throw staggering amounts of money at projects were on display again this week with the announcement that a state-owned investment giant will pour $113 billion into supporting the One Belt, One Road trade strategy.
The new locks at the Pacific end of the Panama Canal began to fill with water in late June in preparation for months of testing of their new gates before they open to commercial traffic next April.
Chibatao and Super Terminais, the two container terminals serving Manaus, are both getting their operational acts together before more competition heats up in the region, investing a combined $115.5 million in new equipment and terminal improvements this year.
Agility Logistics has appointed a new CEO for its South Asia operations as the company seeks to capitalize on the intra-Asia’s growing trade.
While container carriers haven’t had much to cheer about as spot rates take a beating, they can at least take solace in the fact that equipment costs have hit a 10-year low, according to shipping consultant Drewry.
Four new super post-Panamax gantry cranes capable of handling the largest vessels in the world are now en route to Manzanillo International Terminals in Panama.
The development of "connected" trucks by partners such as Zonar and Daimler Trucks North America has big implications for visibility into global supply chains. In the future, the truck is likely to be the basic node of information in interlocking supply chain networks, generating and sharing information.
Shippers tapping containerized rail services between the Port of Antwerp and Duisburg are poised to see greater reliability and experience less congestion at the North European seaport after the former joined forces with duisport, Europe’s largest inland port.
One of the most isolated and intriguing cities in the world, Manaus, Brazil, also presents some of the most difficult container shipping challenges to be found anywhere.
The demand for logistics services and infrastructure will be fuelled by China’s increasing trade appetite and the continuing growth of e-commerce markets within the country, according to Barclays Research.