Intermodal analyst: 2018 is ‘heck of a year’
Speakers at IANA Expo warn next year may not be as strong.
Stay Up to Date on the Cargo Shipping Industry
The outbreak of the COVID-19 pandemic had a negative impact on shipping industry growth in 2020. With the world in lockdown, demand for non-essential consumer goods (and the means to ship them) decreased. Shipment of manufactured goods also decreased as factories closed in an effort to slow the spread of the virus. On top of that, China — one of the world’s largest exporters — was at the center of the pandemic, leading several countries to stop trade with the nation altogether.
According to the United Nations Conference on Trade and Development (UNCTAD), maritime shipping industry growth will likely slow or remain flat in 2023, driven by inflation and the ongoing war in Ukraine. For the overall 2023–2027 period, UNCTAD predicts growth at an annual average rate of 2.1%, slower than the previous 30-year average of 3.3%.
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Speakers at IANA Expo warn next year may not be as strong.
Legislation takes aim at international traffickers of deadly opioids by systematically closing weaknesses in U.S. Postal Service system.
The agency plans to submit its recommendations at the Commercial Customs Operations Advisory Committee meeting on Oct. 3.
Duncan Hunter was ousted after he and his wife were indicted on charges of misusing campaign funds.
Connecticut Port Authority hires business development and special projects manager; British International Freight Association brings on an additional trainer.
SSA Containers president says these days container terminals are judged by how they handle trucks as well as ships.
The worst flooding in North Carolina could be yet to come in the wake of Florence.
Although the laws have been on the books for decades, violations — and penalties — still occur.
Average size of containerships transiting the Panama Canal is up 5.4 percent from last August.
The German-based logistics provider offers internships, apprenticeships throughout Europe and the United States.
Terminal will offer nighttime hours for cargo pickup and delivery four days a week.
Individuals knowing of a reason why an applicant should not receive a license change should contact the Office of Transportation Intermediaries.
FMC reviews nine OTI license applications
Individuals knowing of any reason why an applicant should not receive an OTI license or amendment are urged to contact the FMC’s Office of Transportation Intermediaries.
Creation of coalition of seven ports authorities, including those in Los Angeles and Long Beach, announced at Global Climate Action Summit in San Francisco.
The bill supports the U.S. Army Corps of Engineers’ navigation program and Harbor Maintenance Tax-funded work.
House subcommittee conducts hearing on “one of the most complex safety mandates ever undertaken by the railroad industry.”
Railroad makes leadership moves; 3PL opens and staffs Tennessee office.
Export license restrictions could be tightened if election interference is uncovered.
Port operations along the East Coast stopped; state of emergency declared in North Carolina.
Is CMA CGM’s decision to lower Asia-Europe freight rates the first domino to fall in a new race to the bottom?
It’s a good time for 3PLs when capacity is tight and supply chains are speeding up.
The move could lead to further consolidation in the container leasing business.
The North Carolina and South Carolina port authorities will close their marine terminals to truck and vessel traffic Thursday and Friday.
More input should be added to the mix before legislation is fully cooked.
United States Maritime Alliance says six-year pact “will ensure continued labor peace in our ports.”
Acting chairman asserts proposed rule is designed to “get us back into the navigation channel of longstanding precedent.”
American Logistics Aid Network launches web page providing updates on transportation and supply chain conditions in impacted areas.
Shippers can leverage operational metrics from the mandatory devices, says Descartes Systems Group.
Robust demand growth has carriers scrambling to get enough trucks on the road, according to FTR Transportation Intelligence.
Higher sales netted increased volumes, but the bottom line was hit by higher fuel costs and lower freight rates.
Container carriers have tried integrating ocean and overland transportation before; it may have a better chance to catch on now thanks to supply chain technology advances.
A device designed to remove plastic debris from the sea left San Francisco on Saturday.
Retail giant launching ad campaign as it looks to add to its workforce of some 7,500 drivers.
The votes are being counted in the first contested election in 18 years.
Container throughput at the Southern California port slid another 1.9 percent year-over-year in August after falling 4.4 percent in July.
Union says the deal will “bring generous pay increases, landmark protections against job-killing fully automated ports and labor peace and stability.”
Leadership of Canadian local recommends approval of five-year contract.
The U.S. Department of Transportation’s Check the Box campaign aims to educate package shippers about the risks and responsibilities with hazardous materials.
“Using an import container to go straight to your export customer without having to go back to the terminal is a refreshing advancement.”
DeLaney elected to board of directors, Rea joins executive group, Hernandez promoted and Herrera hired.
Logistics firms added another 20,200 jobs in August, bringing the year-to-date total to 112,800 new positions.
An interim report released this week identifies how the application of charges by marine terminals and ocean carriers may be improved.
The United States’ deficit in goods and services trade expanded 9.4 percent in July following a 7.5 percent increase the previous month.
Sprinter vans will be used by the growing fleet of contractors making final-mile package deliveries.
The e-commerce fulfillment and technology provider also opened its largest fulfillment center in Chicago.
The logistics software provider saw profits rise 18 percent year-over-year thanks to a 17 percent jump in revenues.
Gordon made landfall as a tropical storm near Pascagoula, Miss. late Tuesday.
Lucas Keuhner is promoted to executive vice president; hired are Peder Winther as EVP, Owen Schmidt as COO and Alexandra Lersey as controller.
The Senate Commerce Committee approves pick for assistant secretary for aviation and international affairs.
Combined carload and intermodal shipments have grown 4 percent year-over-year through August.
The Boeing freighter will boost the South Korean airline’s cargo capacity on key transpacific routes feeding into the U.S. market.
Shipping company says it will advise customers of “exact amount” of price increases closer to October.
Maersk and MSC also will void three sailings on two other joint services during China’s Golden Week.
Maersk report points to slowdown in the country’s trade growth.
Box volumes grew 2.1 percent year-over-year in July after a revised 3.3 percent increase the previous month.
Port has a new chairman of the board; logistics companies in the United States and Europe fill roles.
Dubai-controlled firm wins another round in ongoing fight with Djibouti over control of a container terminal.
A joint venture between three longtime project and heavy-lift cargo vessel operators has received the governmental approvals to get under way.
Storm is expected to be a hurricane when it makes landfall along the north-central Gulf Coast.
Union president calls for ratification of the six-year agreement, lauded as its best ever.
BIMCO and Kuehne + Nagel say tariff disputes are starting to take a toll on container shipping.
Grafton & Upton Railroad unloads wood pellets at its Massachusetts facility and represses broken pellets into whole ones before transferring them to trucks.
The European Commission is committed to review its quota system to import hormone-free beef into the trade bloc.
Proceeds will be used for “acquiring high-quality businesses.”
Netherlands-based acquisition called a “champion” of product fulfillment.
Two shipments of pineapples also contained nearly 200 pounds of cocaine.
“Visibility of terminal operations has improved considerably.”
Despite an increase in cargo volumes, diesel particulate emissions are down 81 percent since 2005.
Containership charterer says tariffs are a risk, but “forecasts suggest world trade will grow by 4.8 percent in 2018.”
The Icelandic shipping company benefited from higher volumes but encountered headwinds from changes in currency exchange rates.
Powell returns as chief technology officer; Gingsjo promoted to head project management services.
Chinese carrier says result was hard won and partly attributable to its terminal business.
Global demand for air cargo grew at its slowest pace in more than two years.
The International Trade Commission rules imports do not harm the U.S. manufacturing industry.
The 3PL’s strong financial results were fueled by strong Asia trade and increasing volume in the region.
Load-matching start-up CargoX recently closed a $60 million funding round.
More than 2,000 scrubbers are expected to be in use by 2020 and LNG is gaining ground as a fuel in deep sea shipping.
Ware2Go also provides inventory visibility and tracks orders.
ELD compliance has had ‘significant impact’ on trucking industry
Economy on pace to reach Trump administration goal of 3 percent annual growth.
Leading SaaS-based TMS provider poised for accelerated growth.
Focused on intermodal haulage, the company aims to open the market to more small truckers.
Applications come from throughout the United States, Hong Kong and Guam.
The Class I railway says it will meet deadlines for installation of wireless communication system.
The aircraft manufacturer forecast that the region will require 240,000 pilots over the next 20 years.
Appointments take place from California to the Midwest to Florida.
Most barges in the early days began their use as sailing ships.
Drewry’s Philippe Salles says the role of supply chain finance platforms will be instrumental in the digital transformation of shipping.
The voyage is being withdrawn due to China’s National Day holiday.
CBP collected feedback on its joint Air Cargo Advance Screening program with the TSA.
Investment will be used for research and development, product innovation and hiring.
Cameron and Hacegaba named co-leaders; Born’s contract extended; and Doorley promoted.
The Florida port set a record for July as it moves forward with channel dredging project.
California Democrat fervently believes an efficient transportation infrastructure improves the economy and environment.
Peak season, tariffs and discontinued services result in tight capacity and rising freight rates.
Excluding one-offs, net profit increases 70.1 percent in tough environment.
Matson and Pasha resume full operations in the wake of Hurricane Lane.
Container throughput climbed another 7.9 percent from the previous monthly high set last year.
Emissions reduced while container volume reached an all-time high.