In the U.S., the spring of 2016 isn’t a bad time to be a shipper. Sure, there’s the SOLAS problem, but soft demand combined with excess capacity on land and sea and low fuel costs is pushing down transportation costs and giving shippers more bargaining power in annual contract bids, whether in the Trans-Pacific maritime trade or U.S. domestic truck lanes.
Allcargo Logistics, the parent of global non-vessel-operating common carrier ECU Line, plans to more than double annual revenue.
CEVA Logistics posted a positive performance in the first quarter despite tough market conditions.
The U.S. Coast Guard Thursday gave its stamp of approval to two alternative methods for obtaining certified container weights to comply with new international regulations.
Yusen Logistics Co.’s group net profit was shaped by an uneven performance across its business segments and geographic regions.
Gati Ltd., India’s leading express distribution and supply chain solutions provider, saw its group net income decline in fiscal year 2015 to 2016.
Technology is playing an increasing role in the management of freight rates.
Long-awaited guidelines on how China will implement the SOLAS container weight rule have been released.
The Port of Houston has announced how it will handle the SOLAS verified gross mass rule.
The Port of Charleston and its CEO James Newsome are emerging as mavericks in the increasingly heated debate over a global container weight rule.