Container port congestion has been a hot topic this year, with issues including late ship arrivals; strikes, or fears of strikes, and their impact; terminal projects; and adverse weather conditions popping up across the world. While some congestion is caused by short-term issues, certain world regions may be at greater risk of persistent congestion in the longer term.
Modern Logistics S.A. has secured funding that will help the Brazilian logistics services provider launch operations within two months, offering regional warehousing and air and ground distribution.
Iran and Oman plan to launch a shipping line to boost maritime trade between the two countries by the end of the year.
The number of container ships passing through the Suez Canal is on an upward trend, after nearly three years of declining transit numbers because of rapidly increasing ship sizes.
Maersk Line-related stories dominated on JOC.com this past week. The No. 1 container carrier again made news with more 2M developments, plans for new ship orders and comments from its CEO.
United Arab Shipping Co. expects that as mega-alliances increasingly consolidate the container shipping market, freight rates will stabilize, which could be bad news for shippers.
Roughly 500 Nicaraguan farmers protested against the Nicaragua Canal this week, angered that the $40 billion plan includes the seizure of their land.
The executive branch of the European Union has taken Spain to court over security at its ports.
This week’s intermodal volume was a record high for U.S. railroads, breaking the previous record set the week before, according to the Association of American Railroads, again signaling that the peak...
Multiple container lines have planned general rate increases in numerous trade lanes in October, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
The approaching holiday season will lift air freight pricing through the rest of this year, according to Drewry Shipping Consultants.
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Oct 8, 2014 2:00PM EDT
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