Industry News

  • UPS links with SF Express to grow China-US courier business
    by May 26, 2017 5:04AM EDT on May 26, 2017 at 9:04 am

    SF Express is the market leading courier firm in China. Credit: SF Express The world’s largest express company and China’s market leader in the express sector are joining forces on the China-US trade to tap into the rapidly growing mainland consumer demand for international delivery.UPS and Shenzhen-listed SF Holdings, the parent... […]

  • Asia-Europe rates rise ahead of June 1 increases
    by May 26, 2017 4:28AM EDT on May 26, 2017 at 8:28 am

    Spot rates on China-Europe were up this week. Credit: Maersk Line Spot market freight rates on Asia-Europe and Asia-Mediterranean arrested their slow but steady slide this week, most likely pushed up by rising demand ahead of the planned June 1 rate increases.The rate from Shanghai to North Europe rose almost 6... […]

  • Video: LA's Seroka on Visibility, GE, and HPEC
    on May 25, 2017 at 9:49 pm

    Detailing two topics discussed at length at TPM 2017, Port of Los Angeles Executive Director Gene Seroka joined for a discussion of HPEC — the Harbor Performance Enhancement Center, as well as a new partnership with General Electric Transportation on a portal/information sharing system. "This will provide visibility on... […]

  • US funds to kickstart deepening at Charleston, Jacksonville, Boston
    by May 25, 2017 3:57PM EDT on May 25, 2017 at 7:57 pm

    There are 14 coastal navigation channel improvement projects authorized by Congress. The US Army Corps of Engineers has allocated funds to start deepening the ports of Boston, Charleston, and Jacksonville to handle larger ships transiting the Panama and Suez canals. “We’re excited to see these projects get green-lighted and started,” said Jim... […]

  • Material Handling Solutions for the Evolving Seaport
    on May 25, 2017 at 6:54 pm

    As the size and capacity of global container ships have grown larger and larger, an abundance of excess containers have led to softened cargo rates. Global port operators looking to better manage the accelerated flow of incoming and outgoing containers need innovative and sophisticated material-handling equipment. Over the last decade,... […]

  • US bill would make carriers choose: alliances or discussion groups
    by May 25, 2017 2:21PM EDT on May 25, 2017 at 6:21 pm

    It has been nearly two decades since Congress last considered amending the Shipping Act. WASHINGTON — Congress is considering legislation that would force carriers to choose between membership in rate discussions and ocean carrier alliances, while also giving maritime regulators more power to protect domestic third-party service providers from potential alliance... […]

  • Lack of rolling stock pinches Russian rail shippers
    by May 25, 2017 11:45AM EDT on May 25, 2017 at 3:45 pm

    As Russian rolling stock has aged, rail operators have been slow to upgrade their fleets. The consequences of Russia's outdated and poorly maintained rolling stock is beginning to take a toll on shippers, as rates for rolling stock have jumped 15 to 20 percent and continue to rise. Shippers say that leading... […]

  • New alliances cause Rotterdam barge delays
    by May 25, 2017 11:06AM EDT on May 25, 2017 at 3:06 pm

    European shippers rely on barge services to move cargo inland more than their US counterparts. Inland barges are facing long delays at the Rotterdam World Gateway (RWG) terminal due to restructuring of sailing schedules by the newly-formed ocean carrier alliances. The new alliances have had the most pronounced impact on European shippers,... […]

  • JNPT steps up productivity drive amid rising competition
    by May 25, 2017 9:54AM EDT on May 25, 2017 at 1:54 pm

    A host of productivity measures at India's largset public port showed improvement in the last fiscal year. Jawaharlal Nehru Port Trust (JNPT) is ramping up its productivity efforts as the battle for market share in India’s northwestern hinterland intensifies amid massive capacity building by private rival Mundra Port. In a presentation to... […]

  • YRC takes new tack with customers as disruption looms
    by May 25, 2017 9:35AM EDT on May 25, 2017 at 1:35 pm

      PHILADELPHIA — Working with customers, YRC Worldwide’s chief customer officer admits, is not always easy. In fact, customers can be “a pain,” said Justin Hall. His advice to truckers, shippers, and logistics companies: “Deal with it.” For one, that is why they are in business. Secondly, solving problems will only make them... […]

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