Nov 19, 2018
— October shipments, at 1.224, were up 6.2% annually and down 1.4% compared to September, and October expenditures, at 2.919, were up 12% compared to October 2017 and down 2.4% compared to September.
Nov 15, 2018
— Following a strong year in terms of growth in vessel transits, the Panama Canal Authority is once more turning its attention to building port capacity as well as new zones for increased logistics activity. Authority administrator and chief executive Jorge Quijano said that, while vessel transits were its primary business barometer, ports activity had become increasingly important to the country as a whole.
Nov 1, 2018
— Technology startups are focusing on reducing the empty container problem, a challenge that costs the container shipping industry about $20 billion per year. At any given time, about one-third of the ocean containers in circulation are empty, and the average container spends nearly half its life idle.
Nov 1, 2018
— Peak season 2018 broke a new threshold in terms of ocean freight spot rates: It is now as expensive to transport a product from China to North America's West Coast as it was to ship to the East Coast during last year's peak season.
Oct 23, 2018
— Heathrow Airport has defended its peak season plans – but warned forwarders, hauliers and handlers to change their behaviour to ensure there are no congestion problems. Airport data indicates that volumes will be as strong, or stronger, than last year, when congestion became a major issue.
Oct 19, 2018
— Container ports should spearhead an “Internet of Logistics” to tackle inefficiencies in global container supply chains. According to PSA International chief executive Tan Chong Meng, a “connected community” beyond the scope of Internet of Things (IoT) technology is needed to improve data sharing.
Oct 19, 2018
— The images of Hurricane Michael’s debris and devastation are heartbreaking, especially when they are combined with what we have already been seeing come out of the Carolinas as a result of Hurricane Florence. And there is no sugar-coating how long and difficult the path to recovery will be. There’s so much to do that it’s difficult to know where to start.
Oct 18, 2018
— Interest in freight-related startups and technology continues to grow, as evidenced by several recent investment deals as well as a first-of-its-kind Founders Camp whereby representatives from 20 startup firms met with trucking executives and shippers in Chattanooga, Tenn., to exchange ideas for new products and services.
Oct 12, 2018
— A robust economy is placing new demands on third-party logistics service providers, based on survey results from two long-running university-sponsored studies released at the Council of Supply Chain Management Professionals annual conference in Nashville, Tenn.
Oct 8, 2018
— Pressure is mounting on container ports to improve efficiency in terminal operations, as wholesale change in the shipping industry continues to increase competition and drive down revenue per box.
Oct 6, 2018
— Huntington Ingalls Industries has announced the closing of the sale of the former Avondale Shipyards site to Avondale Marine, a joint venture between T. Parker Host and Hilco Redevelopment Partners, which has to redevelop the New Orleans-area property into a global logistics hub.
Oct 5, 2018
— Increased freight demand across South-east Asia has given rise to a new breed of intermodal networks, driven by cross-border trucking. According to Gursimran Singh, regional business development manager at China-ASEAN road freight specialist Kart Asia, more and more large 3PLs are choosing Bangkok as their regional logistics hub and are relying on cross-border trucking networks for air and sea connections.