Monthly Archives for June 2018

Shippers discuss peak season, intermodal, trade wars Spending on 3PLs expected to rise 5.5 percent by 2019 as shippers rely upon logistics providers to manage capacity constraints on the highways and rails while offering long-term solutions through technology. Photo credit: Shutterstock.com. The logistics industry is expected to grow 5.5 percent through 2019 as US shippers […]

CMA CGM Containerships Ltd. buy another Europe footprint expansion   CMA CGM believes expanding into land routes with supply chain services is the key to maintaining growth following the consolidation of the container shipping market. Photo credit: Shutterstock.com. CMA CGM has announced plans to acquire intra-Europe specialist Containerships, a targeted acquisition that is aimed at […]

CMA CGM acquisition expands Europe footprint   CMA CGM believes expanding into land routes with supply chain services is the key to maintaining growth following the consolidation of the container shipping market. Photo credit: Shutterstock.com. CMA CGM has announced plans to acquire intra-Europe specialist Containerships, a targeted acquisition that is aimed at expanding its presence […]

Maersk to benefit from India’s fast-track customs approval for APMT   Maersk has been beefing up its logistics solutions for India exports and imports, as it expects Indian container trade to grow at a faster pace this year, after an 11 percent increase in the first quarter 2018. (Above: APM Terminals’ Pune inland container depot […]

Penske Logistics buys Epes Transport to expand for-hire truckload   A Penske spokesman said the acquisition will grow the company by enhancing its portfolio of transportation and logistics solutions to shippers. Photo credit: Epes Transport System. Penske Logistics, a popular logistics provider that provides dedicated contract carriage and warehousing services to shippers, has purchased North […]

Carriers refuse to bow to anti-surcharge pressure Bunker fuel surcharges appear to be here to stay despite resistance from some shippers. Photo credit: Shutterstock.com Global container carriers are holding the line on emergency bunker surcharges, offering global forwarders no flexibility in pricing as the carriers contend with rising operating costs, weak freight rates, and the […]

Phase 2 of digital forwarding leads to some confusion With their first-move advantage fading, the digital forwarding industry is entering its second phase marked by a mushrooming of providers, a pivot away from marketplaces, and a subsector seeking to give so-called traditional forwarders digital chops. Photo credit: Fleet of Oregon. A series of business model […]

Time to bring terminals out of the connectivity wilderness The conclusion of extensions to or new US longshore labor contracts presents a rare but limited opportunity to move beyond the chronic distraction of labor strife, real or potential, and focus on bringing marine terminals out of the connectivity wilderness. The news on June 6 that […]

More Brazil shippers choosing rail, after truckers’ strike, cargo delays   Brazil’s over-dependence on road haulage in South America is causing shippers, carriers, and political decision makers to ponder alternatives to the truck. (Above: A freight train with containers travels in Brazil.) Photo credit: Shutterstock.com. The truckers’ strike that paralyzed Brazil commercial transport last month […]

'Unprecedented' demand strains US surface transport Several factors — expected and unexpected — are increasing US trucking and intermodal costs for shippers in June, and threaten to keep pressure on in July. (Above: Trucks travel in Tennessee, United States.) Photo credit: Shutterstock.com. After several relatively stable months, US freight demand is spiking in June, squeezing […]