Former Amazon exec targets LTL data to speed-up XPO Fresh from Amazon’s transportation shop, Kenny Wagers sees technology and integration within XPO as the keys to accelerating LTL growth. Photo credit: XPO Logistics. Shippers don’t just want capacity from US trucking companies, they want speed. But with tractor-trailers nearly bursting with freight, and truckers driving […]
Read More →UP-CSX interchange changes send shippers scrambling
on August 8, 2018in Industry News
UP-CSX interchange changes send shippers scrambling Union Pacific (UP) sent a notice to shippers Friday that UMAX interline service would cease in 197 lanes on Sept. 17, blaming CSX service changes. CSX said the service change was necessary to manage evolving needs, the first step in CEO Jim Foote’s vision to implement precision railroading […]
Read More →Strike causes 2,000-container Chittagong backlog
on August 8, 2018in Industry News
Strike causes 2,000-container Chittagong backlog An official at Chittagong port (above) said they are giving preference to those export containers left behind, instead of transporting empty containers, so that the left behind containers can reach their destinations as soon as possible. Photo credit: Shutterstock.com. Prolonged, massive congestion on Chittagong port’s connecting roads, triggered by this […]
Read More →Global air cargo slowdown intensifies due trade tension
on August 8, 2018in Industry News
Global air cargo slowdown intensifies due trade tension “Trade wars never produce winners. Governments must remember that prosperity comes from boosting their trade, not barricading economies,” the International Air Transport Association said. Photo credit: Shutterstock.com. The slowdown in global air freight traffic growth that started earlier in the year continued in June, as the industry […]
Read More →Mexico's shipping industry taps tech to mitigate rising cargo theft
on August 7, 2018in Industry News
Mexico's shipping industry taps tech to mitigate rising cargo theft Cargo owners and transporters are fighting back against theft – and they’re deploying new tools and strategies, in what will have to be a comprehensive effort to adequately address the problem. (Above: A truck travels in Mexico.) Photo credit: Shutterstock.com. MEXICO CITY — Rising cargo theft […]
Read More →Maersk’s profit downgrades darkens container outlook further
on August 7, 2018in Industry News
Maersk’s profit downgrades darkens container outlook further Maersk said it continues to encounter very high bunker prices, which have not been fully compensated for in freight rates. Photo credit: Shutterstock.com. Maersk Group’s downgrading of its 2018 earnings forecast is the latest sign of the darkening the broader outlook for the container shipping industry, due to […]
Read More →So far, transshipment reform not boosting most Indian ports
on August 7, 2018in Industry News
So far, transshipment reform not boosting most Indian ports Above: Krishnapatnam Port Container Terminal. Photo credit: Krishnapatnam Port. While Indian authorities and other stakeholders placed high hopes on the new, liberalized cabotage regime to accelerate economic growth, there is no clear evidence thus far that the free, open market environment has translated into broader demand […]
Read More →Strong peak season to test Mexican container capacity
on August 6, 2018in Industry News
Strong peak season to test Mexican container capacity Like other emerging markets, it is a “bad news, good news,” circumstance for Mexico. The bad: surface transportation and logistics operations are straining to meet shipper demands. The good: Mexico appears to have arrived on the global trade stage, with all, key metrics advancing. (Above: Mexico City.) […]
Read More →Heat wave worsens Antwerp, Rotterdam barge congestion
on August 6, 2018in Industry News
Heat wave worsens Antwerp, Rotterdam barge congestion The water level of the Upper Rhine is getting close to a critical point and barge operators are being forced to suspend their operations or only use one third of their capacity, according to Hapag-Lloyd.(Above: A barge travels on the Rhine River.) Photo credit: Shutterstock.com. Barge congestion at […]
Read More →Chittagong cuts port dues during holidays to attract cargo
on August 6, 2018in Industry News
Chittagong cuts port dues during holidays to attract cargo Chittagong trade officials’ goal is to keep the prime seaport busy 24/7. Photo credit: Shutterstock.com. Chittagong shippers who use the port during the holidays will get a 5 percent cut in port charges, a welcome relief shippers say, eight months after introduction of the value added […]
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