Tankers and dry bulk ships reached their maximum size years ago and haven’t grown much since. To repeat a question posed countless times already: Are container ships, which have never stopped growing, finally approaching the upward limits of size?
A provision in the U.S. Senate-approved highway bill would index Customs user fees to inflation and divert the increased fees to fund programs in the bill. With severe shortages of Customs and Border Protection staffing at ports around the country, diverting funds to pay for unrelated projects is a misguided and harmful idea.
Despite the deadline extension for full implementation of Customs' Automated Commerce Environment, shippers should not let up on their implementation efforts, and should strive to meet the new ACE timeline.
It's National Truck Driver Appreciation Week, and shippers need to pitch in. Those that don't become more "driver-centric" in their outlook will face rising costs, and potential penalties under new regulations.
Concession to shippers from major carriers FedEx and UPS have dulled the impact of dimensional weight pricing initiatives announced last year.
Transportation remains a fairly specialized field, with aspects that are unique to it and requiring knowledgeable managers to deal with providers on which the organization must rely. And, as in many areas of commerce, there are specialized terms that must be learned and properly understood by those responsible for an organization’s forays into fulfillment of its needs in that field.
Executed properly, inventory optimization reduces the incidence of out-of-stock products, minimizes carrying costs, increases fulfillment speeds and preserves gross profit margins.
A California policy directive will impact everyone that handles or receives domestic and international freight including warehouses, distribution facilities, airports, ports, trucks, railroads, manufacturers, agriculture, retailers and final mile delivery.
Typically, once a U.S. longshore negotiation is settled, the affected ports revert to a state of normalcy despite whatever disruption occurred during the talks. U.S. West Coast negotiations over the past 20 years have never been without disruption but were always followed by near-normal operations that lasted in some cases for years. The six years leading up to the June 30, 2014, expiration of the recent agreement between waterfront employers and the International Longshore and Warehouse Union saw only sporadic disruption. But there is a difference between then and now: The current agreement reached on Feb. 20 failed to resolve all issues and one in particular — chassis maintenance — stands out as holding the potential for sparking further disruption and uncertainty for shippers.
There will be a peak season, a little later than normal in the trans-Pacific, perhaps, and carriers could indeed reap the benefits of higher pricing.
As Americans prepare to celebrate workers and their contributions this Labor Day, now is the perfect time to highlight the importance of improving our highways for the sake of our nation’s prosperity.
Comparing trucking related deaths to domestic airline related deaths is like comparing apples to oranges.
The container shipping industry is nearing that tipping point where several carriers are going to get out because they have no real choice, or those that can will sell or merge. The financial communities aren’t anxious to get involved further, and the government entities involved are seeking what they hope to be viable alternatives.
How Beijing’s double dose of news in recent weeks — reportedly ordering a merger of state-owned Cosco and China Shipping that would create the world’s fourth-largest container shipping operator, followed by a stock market-rattling devaluation of the Chinese currency — plays out not only could dictate the course of trade and how it moves for the foreseeable future. It also might be the springboard to much-needed and long-awaited container shipping consolidation that could bring stability to oceanborne transportation providers sorely lacking it.