After reaching a record high in 2015, U.S. containerized imports are likely to stay on an upward track this year as housing market gains strengthen and import prices remain subdued.
Trucking companies facing a new Canadian eManifest deadline should follow these five steps to prepare for the rules and avoid fines and border delays.
2015 was a historical year for the third-party logistics industry, not in terms of industry revenue because lower fuel surcharges brought top-line dollars down from their record highs in 2014, but in terms of industry consolidation. The 3PL industry witnessed a record number of mergers and acquisitions among the segment’s largest players over the last 12 months. Favorable financial markets are enabling large companies to secure the money necessary to make sizable acquisitions that translate into top- and bottom-line growth.
With the dawning of the mega-ship era in the U.S. with the 18,000-TEU CMA CGM Benjamin Franklin calling at the Port of Los Angeles in December, the need to develop additional means to fight port congestion is all the more urgent.
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.”