Growing demand and higher prices for containers have helped Singamas Container Holdings to a $12 million profit in the first half of 2017.
Maersk Line India in a trade advisory said the one-stop freight link from cargo origins is more economical and reliable than air cargo transportation.
FedEx, undecided about whether to follow UPS in imposing holiday season surcharges, is talking with volume customers on pricing. Best advice: Avoid last-minute shipping.
Freight rates on the trans-Pacific have fallen well off leavels reached in the fourth quarter of 2016 as carriers in the highly competitive trade route chase after market share.
Financial improvement for container shipping companies may be short-lived if carriers mismanage ship capacity on the way, Fitch Ratings said Tuesday.
Total US business logistics costs dropped in 2016 for the first time in seven years, the 2017 State of Logistics Report says. Are they poised to bounce back?
Artificial intelligence advancements in gathering and analyzing logistics data are providing ways for the container shipping industry to plan further out and more accurately.
The Russian economic recovery is driving dramatic increases in ocean shipping freight rates.
Insufficient transparency and coordination are hindering cargo movements, but it is unclear whether the industry is ready to accept the remedies needed.
The Port of Los Angeles is the US West Coast gateway for Chilean fruit.