When Maersk Line in 2011 ordered 20 Triple E vessels capable of carrying 18,000 TEUs each, it marked a sea change in the container shipping industry. It was, after all, the first time a carrier placed an order for ships not to meet demand, but to cut operating costs — the ships burn 40 percent less fuel.
Ocean carriers’ relentless drive to reduce costs is starting to show results, but everyone else is paying a heavy price.
The transloading trend is placing severe pressure on the largest container gateway in the Americas, where the adjacent Los Angeles and Long Beach ports handled a combined 14.4 million 20-foot-equivalent units last year.
Marine terminals are among the most visible targets when addressing port congestion, but marine terminals are but a single node in an extensive intermodal freight supply chain.
George R. Tuttle III and Cindy Deleon
In January, Customs and Border Protection announced plans to update its rules on conducting focused assessments. Some changes seem subtle, but on closer examination, they can have a significant impact on a Customs audit.
I have a claim with a less-than-truckload carrier where the carrier damaged a portion of the product on a prepaid shipment and where we don’t charge our customer for freight. We absorb the freight as part of the sale. Why is a shipper not entitled to recuperation of freight costs?
What's the best way to celebrate National Truck Driver Appreciation Week? 1) Raise pay; 2) Start to build a more 'driver-centric' business.
Of the multitude of business maxims I’ve been exposed to, I can think of no other that is more relevant, or more valuable to business operations in general, than: “If you can’t measure it, you can’t manage it.”
Jeffrey G. Tucker
The largest truckload carriers are facing an acute driver and a capacity shortage, but there is reliable, long-term trucking capacity to be found, and plenty of it.
Soren Skou isn’t just the leader of the world’s largest container shipping company.
Omnichannel, driven by e-commerce, is the dynamic new business model to sell across channels for both business-to-business and business-to-consumer markets. Even more, it has created a new supply chain paradigm.
With the exception of Zim Integrated Shipping Services, all traditional east-west carriers now are entrenched in alliances that cover all three east-west trades. That’s never happened, and, although the day-to-day impact may not be noticeable, it represents the next stage in the war for survival among carriers, and could have wider impact on the pricing of services.
Those who don’t think truck driving is an important or worthwhile career should talk to Jeffrey Langenhahn. The Plover, Wisconsin truck driver has spent 28 years behind the wheel, the past 21 working for less-than-truckload carrier Con-way Freight.
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