Economy

  • Container terminals still ‘solid, profitable business’

    Jan 11, 2019 — The global container terminal industry is expected to “remain a very solid, profitable business” this year with a throughput of more than 800 million TEUs generating earnings before income, taxes, depreciation and amortization in excess of $25 billion, according to Drewry Shipping Consultants.
  • As the U.S. shutdown drags on, the threat to supply chains grows

    Jan 7, 2019 — Initial repercussions for logistics from the US government shutdown have been slight so far, but the prospect of lingering paralysis is raising fears of severe supply chain disruption that may take a long time to mend.
  • 18-Wheelers At App Speed: An $800M Startup Is Trying To Pull An Uber On The Trucking Business

    Jan 3, 2019 — Trucking is a $700 billion market, and the bill for moving full truckloads in the U.S. runs to more than $500 billion a year. Most trucking is done by contractors, small operators who are desperate to keep their rigs full to cover the financing on those trucks. Transfix is on track to collect $100 million in shipping charges for 2018. It will remit the lion’s share of this gross revenue to people who own the vehicles.
  • A ‘no-deal’ Brexit will slow air connectivity

    Dec 21, 2018 — Ahead of the 29 March 2019, ACI Europe has warned that a no-deal Brexit scenario would halt growth of the aviation industry.