HHLA boosted its share of ocean container traffic in the Hamburg-Le Havre range in 2013 and posted a significant growth in rail and road traffic to the European hinterland.
News & Analysis
03 Feb 2014
State-owned rail operator Container Corp. of India reported its net profit in the third fiscal quarter, which ended Dec. 31, 2013, was $40 million, rising 5.4 percent year-over-year from $38 million.
20 Dec 2013
Improving transit times and favorable rates give air and ocean shippers another option China-to-Europe transportation options for automotive and high-value electronics shippers are much like that famous fairly tale about a blond-headed upstart and three bears. Ocean shipping is and was the slowest and cheapest mode, with a transit time of about 30 days but at roughly a tenth the price of air cargo delivery. And air cargo offers much faster delivery, but the expediency comes with far steeper prices that many supply chain managers would like to shake.
18 Dec 2013
China over the last decade has become the world-beater in infrastructure investment, spending hundreds of billions of dollars on highways, seaports, high-speed railways and airports. Chinese investment in the movement of containers via rail, though, has been a slow train coming.
18 Dec 2013
The European Union has approved its fourth package of measures to restructure the rail market and has adopted Shift2Rail...
13 Dec 2013
In a sign of an improving economic environment and growing preference for rail to move goods between the U.S. and Mexico, U.S.-Mexico cross-border trade by rail, measured in value terms, hit an all-time high in September. It rose 16.4 percent year-over-year to $6.25 billion, according to the U.S. Bureau of Transportation Statistics. Cross-border truck trade also climbed, rising 7.7 percent year-over-year to $27.2 billion, a record for the month.
20 Nov 2013
As the frequency of Asia-Europe rail services increases costs will gradually fall, encouraging more shippers to turn to intermodal options to avoid the high cost of air freight and the slow steaming transit times available from lines, one leading logistics executive believes.
31 Oct 2013
China’s HNA Group has completed the acquisition of TIP Trailer Services, Europe’s largest truck and trailer leasing company, from GE Capital.
29 Oct 2013
Container Corp. of India reported its net income in the second fiscal quarter, which ended Sept. 30, was $40 million, climbing 5 percent from $38 million in the year-ago period.
23 Oct 2013
It sounds elementary: An exporter in an interior location needs empty containers.