The challenges are abundant for second-tier suppliers moving west into China’s interior, a massive region rife with cheap labor but lacking necessary infrastructure and reliable transportation.
U.S. exports of agricultural goods have outpaced imports since 1960, generating a surplus in the nation’s farm trade and helping to “counter the persistent deficit in nonagricultural U.S. merchandise trade,” according to the U.S. Department of Agriculture’s Foreign Agricultural Service. Much of the trade in this sector relies on an integrated global cold chain.
A premium shipping market awaits container lines who would be willing to offer premium service at a higher price than commoditized service offered by most carriers today, Kuehne+Nagel Chairman Karl Gernandt told TPM 2015.
The shipping executive perhaps best suited to assess the relationship between container lines and non-vessel operating common carriers sought on Monday to set to rest the tensions that have long existed between the two, and very much continue today.
Norbert Dentressangle’s operating profit surged 18.6 percent in 2014 as it reaped an early benefit from its $750 million acquisition of Jacobson, the fourth largest U.S. logistics group.
Growth in the global reefer market this year will likely outpace the lukewarm performance of the past few years, according to industry analysts.
A bill introduced in the House of Representatives this week would establish national hiring standards for shippers, brokers and other parties contracting or using trucking companies.
The Port of Los Angeles is teaming up with terminal operators and a harbor drayage company to launch a container free-flow operation aimed at reducing congestion at the largest U.S. port while delivering import loads to retailers and other large shippers quickly and efficiently.
After 10 days of "spontaneous" protests, many independent truck drivers in Brazil have agreed to government-inspired peace talks aimed at preventing the South American country from grinding to a halt.