New rail transfer yard extends Oakland’s export reach The Port of Oakland’s new near-dock rail transfer yard received its first train Thursday, making the Northern California port more attractive for discretionary cargo that would otherwise transit other… New rail transfer yard extends Oakland’s export reach Journal of Commerce
Read More →Santos labor dispute delays ships, rolls cargo
on July 7, 2016in Industry News
Santos labor dispute delays ships, rolls cargo After four days of stop-start industrial action from angry stevedores that caused delays and rolled cargo, shippers using the Brazilian port of Santos can finally breathe a sigh of relief… Santos labor dispute delays ships, rolls cargo Journal of Commerce
Read More →China’s e-commerce splurge a result of new business, easier market access
on July 7, 2016in Industry News
China’s e-commerce splurge a result of new business, easier market access By the end of this year, 15 percent of China’s digital shoppers will buy their online goods from overseas merchants and by 2020 that figure will have risen to 50 percent as 700 million people generate sales of almost $160 billion.Researchers of the China […]
Read More →Better market access helps drive Chinese e-commerce splurge
on July 7, 2016in Industry News
Better market access helps drive Chinese e-commerce splurge By the end of this year, 15 percent of China’s digital shoppers will buy their online goods from overseas merchants and by… Better market access helps drive Chinese e-commerce splurge Journal of Commerce
Read More →Funding for logistics tech sector rises as market searches for efficiency
on July 7, 2016in Industry News
Funding for logistics tech sector rises as market searches for efficiency The complex logistics networks that underpin the global supply chain continue to evolve and the need for technology and data has never been greater with activity in the logistics tech sector increasing sharply this year.If funding is the oxygen of a tech start-up, many […]
Read More →Container shipping rates forecast to rise, but not enough to stop liner losses
on July 5, 2016in Industry News
Container shipping rates forecast to rise, but not enough to stop liner losses Ocean container freight rates are set to rise “modestly” over the coming 18 months from recent all-time lows, but not enough to rescue the industry from “substantial” losses in 2016, according to Drewry… Container shipping rates forecast to rise, but not enough […]
Read More →Russian exporters breeze through early days of SOLAS rule
on July 5, 2016in Industry News
Russian exporters breeze through early days of SOLAS rule Russian container terminals and exporters didn’t experience any disruption tied to the new SOLAS container weight rule that took effect Friday. Terminal operators and container line Fesco credited the overhauling of IT systems before… Russian exporters breeze through early days of SOLAS rule Journal of Commerce
Read More →Apparel trade sewing up South Asia transshipment business
on July 4, 2016in Industry News
Apparel trade sewing up South Asia transshipment business The continuing growth of the apparel industry will be key to future gateway traffic and transshipment volumes for South Asia, where in the first quarter container throughput rose 5.3 percent, higher than… Apparel trade sewing up South Asia transshipment business Journal of Commerce
Read More →Investors jump in to Japan warehouse development sector
on July 4, 2016in Industry News
Investors jump in to Japan warehouse development sector Investment continues to pour into Japan’s undersupplied warehouse sector, driven by demand from third party logistics providers and the need for modern facilities to support fast growing e-commerce.Ping An Real Estate, the asset management arm of China’s Ping An Insurance, has committed $300 million in a Japanese […]
Read More →US exporters sail through first day of new SOLAS rule
on July 1, 2016in Industry News
US exporters sail through first day of new SOLAS rule U.S. exporters’ first day under the new requirements for providing container weights was reminiscent of the feared Y2K computer… US exporters sail through first day of new SOLAS rule Journal of Commerce
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