International Logistics

Some shippers will have to pay premiums to get on  vessels during this late peak season

Illegal payments now account for more than half the cost of import and export processes through Nigeria’s ports.

Spot rates on Asia-Europe and Asia-Mediterranean surged upwards, continuing a trend of rising price levels since the record lows recorded in March.

As e-commerce volumes rise, UPS is adding more capacity.

The acquisition gives Canada's largest trucking operator a bigger US presence and route into Mexico and helps XPO pay down debt.

The US Maritime Administration will provide $4.64 million in “marine highway” grants for five existing or proposed container-on-barge services.

Rapid changes in technology are reshaping the logistics landscape and spurring the growth of freight management services, including the formation of nearly $1 billion firm Sunteck/TTS Holdings.

The International Maritime Organization ruling avoids the creation of a patchwork of different national rules for sulfur in vessel fuel.
Shippers may end up paying higher rates via fuel surcharges depending on how well the oil industry can meet demand for low sulfur fuel.

India is pushing hard to get shippers to move more cargo via the country's railroads.

The value of M&A deals fell 30 percent in the third quarter, but the Port of Melbourne sale saw Asia and Oceania leading the way.