PSA acquires 2nd Port of Halifax container terminal
PSA International has added to its port portfolio with the acquisition of Canadian container terminal Ceres Halifax.
PSA International has added to its port portfolio with the acquisition of Canadian container terminal Ceres Halifax.
The largest container terminal operator in the world is buying BDP, a midsize U.S. freight forwarder.
Longtime MODE Transportation President and CEO Jim Damman is appointed chairman of the company.
A.P. Moller-Maersk’s recent announcement that Damco will no longer exist as a separate brand is expected to drive some shippers into the arms of others.
The trans-Atlantic may not be the dominant container market, but it remains dependable for hungry ocean consolidators and forwarders.
With airfreight capacity squeezed and rates high between China and the U.S., ocean freight consolidators offer the option of fast, cheaper less-than-container load, trans-Pacific services.
Third-party logistics services providers involved in international trade remain concerned about how their businesses will remerge post-COVID-19. They are addressing tough questions about what it will take in terms of staff, systems and office space to operate a successful company.
Problem-solving supply chain bottlenecks is the way to build customer loyalty, freight experts say.
Third-party logistics providers engaged in international trade are facing the difficult decision of whether to thin staff or even close altogether in the face of a prolonged economic downturn caused by the coronavirus pandemic.
CEVA and DHL free themselves from contractual constraints to realign operations and facilitate pricing flexibility during pandemic.
Office operations that remain open implement CDC guidance to protect employees from spreading or contracting COVID-19.
Brandon Fried, executive director of the Airforwarders Association, believes U.S. Customs and Border Protection must step up engagement with his industry to boost its participation.
Customs and Border Protection has updated its seizure mitigation guidelines involving licensed and non-licensed exports for its officers at the nation’s ports of entry.