US ELD mandate tightens Canadian trucking markets Many Canadian businesses were surprised by the breadth and depth of the electronic logging device’s (ELD’s) impact: shippers dependent on cross-border trade with the US experienced significant disruption starting Dec. 18, when the ELD rule took effect. (Above: A truck travels in Canada.) Photo credit: Shutterstock.com. TORONTO, Canada […]
Read More →Shippers discuss peak season, intermodal, trade wars
on June 20, 2018in Industry News
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 […]
Read More →CMA CGM Containerships Ltd. buy another Europe footprint expansion
on June 20, 2018in Industry News
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 […]
Read More →CMA CGM acquisition expands Europe footprint
on June 20, 2018in Industry News
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 […]
Read More →Maersk to benefit from India’s fast-track customs approval for APMT
on June 20, 2018in Industry News
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 […]
Read More →Penske Logistics buys Epes Transport to expand for-hire truckload
on June 19, 2018in Industry News
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 […]
Read More →Carriers refuse to bow to anti-surcharge pressure
on June 19, 2018in Industry News
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 […]
Read More →Phase 2 of digital forwarding leads to some confusion
on June 19, 2018in Industry News
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 […]
Read More →Time to bring terminals out of the connectivity wilderness
on June 18, 2018in Industry News
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 […]
Read More →More Brazil shippers choosing rail, after truckers’ strike, cargo delays
on June 17, 2018in Industry News
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 […]
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