Among other findings, the McKinsey report provided further evidence supporting the thesis that automation technology incorporation in container shipping, and in particular at marine terminals, will likely be part science and part art.
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The latest deal reached between Britain’s Theresa May government and the European Union has failed to win any political support, and Brexit contingency planning suggests the private sector is...
The European Commission said that several EU member states and EU shipbuilding associations have complained about carriers in Asia receiving state subsidies.
HMM is trying to reverse a loss trend that most recently saw it post a $147 million net loss in the third quarter, which it blamed on high fuel prices.
Of course, many factors can be involved in an air cargo volume uptrend, but this holiday season trade tension and the threat of higher tariffs certainly is one.
Shipper demand for faster China-Europe alternatives to ocean freight is the driving force behind rising rail volume and the rapid development of new services on the intercontinental route, such as...
Alphaliner offered telling data on ocean carrier third-quarter operating margins compared with a year ago, and despite higher shipping demand and revenue, the margins are a source of concern.
Port of Hamburg marketing joint CEO Ingo Egloff said the vital infrastructure project was being blocked by objections from environmental pressure groups, which he said was unacceptable.
Rising volume and revenue by shipping lines — often double-digit increases year over year — has not been accompanied by rates rising to levels that are able to offset the effects of steadily...
State-owned Korea Development Bank, the primary lender and shareholder of HMM, is hardening its attitude towards the loss-making carrier.
Three major online buying events — Singles’ Day, Black Friday, and Cyber Monday are coming — and when they are combined with the evolution of the three into global shopping and shipping events, it...
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Alan M. Field