US shippers face daunting intermodal peak season US beneficial cargo owners will face unprecedented challenges using intermodal this peak season. Still, there are time-tested tactics that will ensure the best possible transportation result. (Above: A BNSF intermodal freight train travels in Illinois, United States.) Photo credit: Shutterstock.com. If the first half of 2018 was a […]
Read More →US auto/auto parts imports tariff would tip Canada into a recession
on July 10, 2018in Industry News
US auto/auto parts imports tariff would tip Canada into a recession In March 2018, President Trump imposed a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports after directing US Commerce Secretary Wilbur Ross to investigate the national security impact of steel and aluminum imports into the US. The tariffs […]
Read More →CMA CGM to re-start Chittagong feeder service
on July 10, 2018in Industry News
CMA CGM to re-start Chittagong feeder service CMA CGM’s service, if added, would complement existing feeder services by other ocean carriers. (Above: A CMA CGM ship in the Pacific Ocean.) Photo credit: Shutterstock.com. With Bangladesh’s container-based trade continuing to growth at a rapid rate, CMA CGM plans to re-introduce its feeder service to and from […]
Read More →Rising European truck rates show no sign of abetting
on July 10, 2018in Industry News
Rising European truck rates show no sign of abetting Above-trend GDP growth is boosting the continent’s commerce, and that’s triggered a steady uptrend in trucking rates, amid tighter capacity — a trend shippers should expect through 2018. Rail is benefiting from some spillover transportation work, but the conversion is not nearly large enough to reduce […]
Read More →JOC Blockchain Explainer: Demystifying the buzz for shipping industry
on July 9, 2018in Industry News
JOC Blockchain Explainer: Demystifying the buzz for shipping industry Many experts argue that blockchain technology is tailor-made for container shipping’s international logistics work. But blockchain faces numerous hurdles – and the biggest of which may be cultural. Photo credit: Shutterstock.com. Blockchain promises to help transform container shipping, but there’s plenty to resolve as this technology […]
Read More →Record US imports forecast for peak season
on July 9, 2018in Industry News
Record US imports forecast for peak season US importers plan to bring in record container volume this peak season, which will translate into an impressive 2018 year-end gain compared to 2017. (Above: the Port of Long Beach.) Photo credit: Shutterstock.com. US importers plan to bring in record container volume this peak season, bringing year-end growth […]
Read More →India's minor ports increase pressure on major, public rivals
on July 9, 2018in Industry News
India's minor ports increase pressure on major, public rivals New provisional port statistics show total freight handled at minor ports during the revenue/accounting year, which ended March 31, increased 9.2 percent year-over-year. (Above: Mundra port.) Photo credit: DP World Subcontinent. India’s non-major or minor ports, which are mostly privately owned and operated, bounced back with […]
Read More →UPS order shows CNG-powered rigs still trucking in electric age
on July 6, 2018in Industry News
UPS order shows CNG-powered rigs still trucking in electric age Electric trucks have been grabbing headlines lately, as startups and established truck makers develop and test battery-powered models, but don’t discount compressed natural gas as an alternative fuel. UPS last month invested $130 million to buy more than 700 new CNG-powered trucks and related technology, […]
Read More →Carriers eye higher prices on reefer demand, tighter capacity
on July 6, 2018in Industry News
Carriers eye higher prices on reefer demand, tighter capacity With supply and demand in more of a balance, sector analysts say shippers should expect higher reefer rates. Photo credit: Shutterstock.com. The impact of carrier consolidation continues to reverberate through the shipping industry, with reefer beneficial cargo owners (BCOs) among the most prone to the inevitable […]
Read More →Reefer stakeholders see need for better tech, customer service
on July 6, 2018in Industry News
Reefer stakeholders see need for better tech, customer service A global head of reefer management for a major ocean carrier predicted that shipping is moving toward a “new era of customer focus” with an emphasis on “creating products that actually add value to customers’ supply chains.” Photo credit: Shutterstock.com. Stakeholders throughout the refrigerated shipping industry […]
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