Earnings nosedived across all of the business segments on India's largest shipping line.
The last mile on the route to e-commerce fulfillment is getting crowded.
Rates on Asia-South America East Coast has soared to its highest level ever recorded as disciplined capacity management by carriers continues to support the spot market.
Spot rates in the eastbound Pacific dropped for the fourth straight week.
Detailing two topics discussed at length at TPM 2017, Port of Los Angeles Executive Director Gene Seroka joined JOC.com for a discussion of HPEC — the Harbor Performance Enhancement Center, as well as a new partnership with General Electric Transportation on a portal/information sharing system. "This will provide visibility on cargo coming into Los Angeles 14 days before ship arrival," Seroka said.