International Logistics

The Chittagong Port Authority (CPA) has doubled the penalty for containers kept in its yards past free time.

The new investment brings its total venture capital funding to $13 million.

The issue threatens the hard-won gains from a government initiative to lower logistics costs for domestic shippers.

Does an atypically "robust" summer for US freight demand signal higher road and rail rates ahead for shippers?

At this point, Flexport is the only digital freight company wading into physical logistics.

After getting off to such a strong start that rates soared and space on ships ran out, exports from Europe to Asia fell steadily in the second quarter.

Diversion routes in Germany are also out of service because of engineering work, threatening further delays at Europe’s top container port.

Spot rates on Asia-Europe fell slightly this week as carriers and shippers regroup in the second half of a relatively solid peak season.

Port of Los Angeles and GE Transportation will expand their pilot program across the entire port to establish a single electronic platform through which port users can share shipment information in a secure environment.

The $95 million sale of cold-chain specialist Unitrans follows months of consolidation and rebranding at the multimodal transport operator.