Houston to reopen container terminals Friday Coast Guard Aids to Navigation team crewmembers replace and repair navigational aids in the Port of Corpus Christi, Thursday. Port Houston plans to reopen its container terminals Friday as limited vessel traffic resumes on the Houston Ship Channel and the region’s freight services take initial steps toward recovery from […]
Read More →Maersk expands Indian temperature-controlled service
on August 31, 2017in Industry News
Maersk expands Indian temperature-controlled service Maersk sees opportunites in India for growth in shipments of both refrigerated and dry cargo. Maersk Line is ramping up its end-to-end cold chain service to and from India as the emerging economy’s reefer cargo market represents a lucrative business for transport providers seeking new avenues for growth. The world’s […]
Read More →Container weight blockchain shows tech’s potential
on August 30, 2017in Industry News
Container weight blockchain shows tech’s potential The much-hyped technology blockchain is slowly making its way into industrial use. A UK-based logistics software provider is set to launch software designed to make it easier to store, access, and manage container weight information throughout the supply chain using the much-discussed but relatively-unused blockchain technology. The software, created […]
Read More →US importers prep for rolling Asia cargo on spot rate jump
on August 30, 2017in Industry News
US importers prep for rolling Asia cargo on spot rate jump Carriers are putting off accepting bookings in the hopes of hauling higher-paying cargo. With vessels leaving Asia already near or at capacity, beneficial cargo owners (BCOs) expect that an increasing number of shipments will be rolled to subsequent voyages and freight rates will jump […]
Read More →Asia-Europe air cargo rates set to soar on ocean shift
on August 30, 2017in Industry News
Asia-Europe air cargo rates set to soar on ocean shift Runways in Asia have been handling more cargo recently and more is on the way. With ocean freight volume filling vessels through the summer, shippers on the major routes out of Asia diverted more of their cargo to the airlines, but that option is now […]
Read More →Alliances advise market of blanked Golden Week sailings
on August 29, 2017in Industry News
Alliances advise market of blanked Golden Week sailings Carriers are cutting back on tonnage on the world’s busiest east-west trade lanes. The first blanked sailings are beginning to come in with the Ocean Alliance and THE Alliance announcing cuts to Asia-North Europe, Asia-Mediterranean, and Asia-US services out of China in October during the Golden Week […]
Read More →Qatar carrier continues Indian feeder expansion
on August 29, 2017in Industry News
Qatar carrier continues Indian feeder expansion Milaha Maritime and Logistics has introduced several new services since a group of Arab nations blockaded Qatar in June. Qatar-based Milaha Maritime and Logistics is continuing to add capacity and services between Indian Subcontinent and Persian Gulf ports to capitalize on rapidly growing transshipment trade as the oil-rich country […]
Read More →Shippers, transport providers steel for long Harvey recovery
on August 28, 2017in Industry News
Shippers, transport providers steel for long Harvey recovery It will be some time before Houston-area highways and roads are more suited for automobiles than boats. Freight transportation in and around Houston remains at a standstill as companies check on staff, assess damages, and prepare for a difficult recovery and higher truck rates after historic flooding […]
Read More →New ship ordering spree threatens industry recovery
on August 28, 2017in Industry News
New ship ordering spree threatens industry recovery Ship orders could upend the tenuous balance of supply and demand ocean carriers have achieved. Some carriers will end the year in profit, but the real recovery of container shipping will depend on a sustained balance between supply and demand, something that will be threatened by any new […]
Read More →Hurricane, floods cripple Texas ports, freight networks
on August 28, 2017in Industry News
Hurricane, floods cripple Texas ports, freight networks The National Weather Service said of Hurricane Harvey: “This event is unprecedented and all impacts are unknown.” Floods ravaging Houston and surrounding Texas counties have interrupted freight transportation in the fourth-largest US metropolitan area and caused damage and disruption that will affect logistics for weeks or even longer. […]
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