An increase in U.S. manufacturing activity and imports is driving business to third-party logistics companies as shippers turn to 3PLs for freight capacity on highways and rails.
In-depth coverage of air freight-forwarders, including earnings, rates, volume and more.
News & Analysis
26 Aug 2014
Carriers’ strategy to bundle logistics services with container shipping services appears to be “unraveling,” according to Alphaliner’s latest newsletter.
25 Aug 2014
Middle East-based Simatech Shipping has announced the launch of a fortnightly feeder service linking Dakshin Bharat Gateway Terminal, a new private facility in India’s Port of Tuticorin (V.O. Chidambaranar), with Colombo, Sri Lanka, starting this month.
23 Aug 2014
In the latest instance of drayage-related disruption, violence flared at Ningbo’s Beilun Container Port as thousands of striking truck drivers clashed with riot police and smashed the windshields of trucks crossing a picket line. The past week’s protests brought the world’s sixth-largest container port to a standstill, with carriers reportedly diverting ships.
22 Aug 2014
The acquisition of huge non-vessel-owning common carrier China Container Line (CCL) in the first half by Li & Fung reaped immediate rewards for the global sourcing giant, which saw its logistics sector operating profit leap by 31 percent in the first six months of the year.
21 Aug 2014
A freight market that hasn’t “ramped down” this summer spells opportunity for Launch Logistics, the new third-party logistics subsidiary of shipping reseller Unishippers.
21 Aug 2014
Hackers may have stolen payment information from an undisclosed number of shipping customers of The UPS Store in a period stretching from January to August, UPS said Aug. 20.
20 Aug 2014
Damco expects to end the year in the red after the logistics arm of Maersk Group lost $32 million in the s
20 Aug 2014
Neptune Orient Lines said Wednesday media reports that it plans to sell its logistics business, APL Logistics, for up to $900 million are "preliminary and exploratory in nature.”
18 Aug 2014
Livingston International, a major North American customs broker and forwarder, has further expanded its presence at the New York-New Jersey and Los Angeles-Long Beach port complexes...