It’s difficult to find a catalyst for acceleration in domestic intermodal activity. Shippers were jolted by the capacity shortage that occurred during the so-called Snowpocalypse winter of 2014, and scrambled to lock up intermodal capacity. But as the situation calmed in 2015, they returned to show-me mode in terms of the coming capacity crunch.
Out of necessity, ports are taking strategic steps to enhance their leverage, reduce risk and protect their market share. They’re doing this by entering into more collaborative relationships with partners that are often their strongest competitors.
China's ports and warehouses are refusing to handle dangerous goods cargoes in the wake of the Tianjin port explosion, driving up costs and threatening the supply chains, logistics operators, and manufacturers that deal in those products.
Perhaps at no time since the inception of the Agriculture Transportation Coalition 28 years ago have circumstances conspired to create so many challenges for the U.S. agriculture and forest products exporters, and many importers.
The industrial real estate sector garnered the attention of investors in 2015. U.S. commercial real estate has become the asset class of choice as investors search for yield in a global, low-interest rate environment, and the U.S. industrial sector has become a beacon for capital, evidenced by the $43.2 billion in sales through last year’s third quarter.
A newly released paper by a global industry consulting firm on how performance-based pricing at container terminals could potentially unlock large, dormant value pools in container shipping has useful ideas but fails to address fundamental issues in the nature of carrier-terminal business dynamics that would ultimately undermine any such initiatives.
Port of Long Beach Chief Executive Officer Jon W. Slangerup responds to concerns that West Coast ports are not yet ready to handle mega-ships.
With the Chinese Lunar New Year, also known as the Spring Festival, nearly upon us, here are six ways to avoid getting burned by late deliveries.
The story of YRC Worldwide is not unlike that of the Titanic on its maiden voyage journey from the U.K. to New York City over a century ago. YRC Worldwide was headed to same fate if it had not been for the redirection of its “captain.”
U.S. law doesn’t distinguish between two methods of bill of lading preparation. It doesn’t matter if you, the shipper, tell the motor carrier what is being shipped and he or his representative writes the information down on the B/L form, or you do it by filling out the form yourself and give the completed form to the carrier for “issuance.”
China finally bit the bullet and issued national rules to curb emissions from ships at its main port areas.
For those who like stability, predictability, the ocean shipping industry just isn’t in your comfort zone. And from all outward appearances, stability won’t exist for a couple of years.
2015 may not go down as the most disruptive or revolutionary year in freight transportation history, but it’s certainly been one of the most transformative ones.
If CMA CGM acquires Neptune Orient Lines and its APL brand, the new entity will potentially be the new market leader in the trans-Pacific eastbound trade lane, the latest jolt to this market that already this year absorbed the frontal assault of a longshore labor meltdown.