Several carriers have planned general rate increases in multiple trade lanes in April and May, although any gains achieved could be temporary as overcapacity and sluggish global demand continues.
04 Mar 2014
LONG BEACH, Cal.--The U.S. is becoming an increasingly attractive place to source manufacturing production, putting it on a par with Mexico as the preferred near-sourcing location, according to the latest AlixPartners Manufacturing Sourcing Outlook.
03 Mar 2014
LONG BEACH, Calif. — A rising tide of protectionism, combined with “low-growth” policies, is impeding the global economic recovery and could threaten historic levels of prosperity, Frederick W. Smith, the chairman, president and CEO of global transport operator FedEx, said today.
26 Feb 2014
Containerized cargo at Gulf ports is benefiting from a north-to-south shift in U.S. population growth, growth in the region’s automotive and chemical industries and investment in container-handling facilities.
25 Feb 2014
Air freight operators have almost completed their shift of capacity back into China following the Lunar New Year celebrations.
24 Feb 2014
CMA CGM has launched the Equatorial Guinea Express, a weekly, direct service from Tanger-Med to the ports of Bata and Malabo in Equatorial Guinea.
21 Feb 2014
Japan’s exports to the United States rose for the 13th straight month in January on a year-on-year basis, soaring 21.9 percent to ¥1.0 trillion (US$9.9 billion), according to preliminary figures released by the Finance Ministry on Feb. 20.
21 Feb 2014
Despite fears of an economic slowdown and the Chinese New Year factory shutdown starting earlier this year than in 2013, most of China’s top container ports recorded healthy levels of throughput growth last month, according to the latest figures from the Shanghai Shipping Exchange.
20 Feb 2014
The transport industry and China’s trade will receive a major boost if efforts to improve its logistics performance are a success, senior 3PL executives believe.
19 Feb 2014
U.S. beef, Chinese solar panels, genetically modified corn and U.S. software were high on the agenda at annual trade talks the U.S. and China held in mid-January. Chinese officials also revealed the top item on their agriculture wish list: access to the U.S. market for apples grown in China.
18 Feb 2014
Not a great deal is known yet about the “Strategic Cooperation Framework Agreement” signed this week by COSCO and China Shipping. But the very fact an agreement of any kind was publicly unveiled in Beijing (at the COSCO headquarters), shows how times have changed in China and worldwide.