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.
Mega-ships have spawned a number of problems for shipping companies, from profitability to ports, but where there are problems, solutions aren't far off.
Arranging for the transportation of shipments by carriers for compensation should require licensing and bonding as a third-party logistics provider. However, the Federal Motor Carrier Safety Administration seems to turn a blind eye to this online service.
APM Terminals, Canadian National Railway and the Alabama State Port Authority to use key performance indicators to hold each other accountable.
Amazon’s fulfillment operations are process fanatics. Fast, efficient processes are designed, and everyone is trained to follow the correct process, which especially makes handling peak shipping periods with temporary associates that much more successful.
As the railroads begin to get their service houses back in order, an impediment to intermodal growth is being removed. What remains to be seen is how badly the intermodal reputation has been damaged and how long that damage will take to repair.
It’s critical that you ensure the shipper recognizes and acknowledges your role as a broker, and not a carrier. It’s likewise important that you document this understanding so that no legal question can arise later.
EU regulators recently approved FedEx’s acquisition of TNT after considering restrictions to ensure competitiveness in the market just a month earlier. If any customers or competitors are thinking of filing objections, they should be reminded that there would be no sound basis for any such move.
A sustained and intensive effort to foster corporate social responsibility initiatives across the maritime sector would have benefits both inside and outside the industry.
Numerous events over the last year will shape how the ranking of the world’s top transportation and logistics companies looks at the end of 2016. UPS’s reign as the world’s largest transportation company may be short-lived, because several other companies are racing toward the top.
There may be no better indicator of how shippers view the transportation landscape than in how they see freight rates trending through next fall. At its core, that singular piece of data among reams of it in Wolfe Research’s Third Quarter “State of the Freight” report is a microcosm of what’s occurring in global and North American supply chains amid a languishing Chinese economy whose pain is spreading globally.
From his vantage point in the Houston market, despite the current equilibrium, Brian Fielkow, CEO of regional trucker and 3PL Jetco Delivery, is witness to the challenges facing truckers and customers throughout the U.S. as the driver shortage steadily worsens.
Shippers are required by law to document hazardous material shipments, and follow a raft of other standards concerning packaging, co-loading and other aspects of their movement.
The Belt and Road initiative - potentially involving an area equal to 55 percent of the global GDP, 70 percent of the global population and 75 percent of known energy reserves – is reshaping global supply chains.