Montreal port taps predictive analysis to boost fluidity A local technology startup specializing in artificial intelligence is helping the port with the project. Photo credit: Shutterstock. Using predictive analytics, the Port of Montreal this year will alert drayage drivers when it looks as if truck turn times will be long, and use data collected on […]
Read More →Turkey’s new airport, canal plan have transporters in mind
on January 10, 2018in Industry News
Turkey’s new airport, canal plan have transporters in mind The new canal, 60 miles west of Istanbul, which was first promised by Erdogan ahead of the general election in 2011, would be able to handle about 160 ships a day. Photo credit: Shutterstock. London — Politics will continue to dominate Turkey’s headlines at home and […]
Read More →China’s ban on US recyclable imports to expand
on January 9, 2018in Industry News
China’s ban on US recyclable imports to expand Scrap plastic exporters are concerned because of rumors that China’s ban, which currently applies only to residential plastics such as soda and water bottles, could be extended to post-consumer plastics. Photo credit: Shutterstock. China’s restrictions on the importation of foreign waste dragged down US export of scrap […]
Read More →CH Powell's Irwin Brown buy is latest broker, forwarder deal
on January 8, 2018in Industry News
CH Powell's Irwin Brown buy is latest broker, forwarder deal CH Powell, founded in 1919, is currently led by third- and fourth-generation family members. Photo credit: Shutterstock. CH Powell Co. has acquired The Irwin Brown Co., a customs broker and international freight forwarder specializing in trade between the US Gulf and Central and South […]
Read More →The five anchors of ocean shipping revenue management
on January 8, 2018in Industry News
The five anchors of ocean shipping revenue management The ocean freight industry is at a tipping point. Consolidation and major industry pain points such as overcapacity and reactive pricing are forcing the industry to move away from legacy ways of thinking and begin forging new modes of operation that generate profitable growth. Never before has […]
Read More →The five anchors of ocean shipping revenue managment
on January 8, 2018in Industry News
The five anchors of ocean shipping revenue managment The ocean freight industry is at a tipping point. Consolidation and major industry pain points like overcapacity and reactive pricing are forcing the industry to move away from legacy ways of thinking and begin forging new modes of operation that generate profitable growth. Never before has this […]
Read More →E-commerce demand for air cargo industry
on January 8, 2018in Industry News
E-commerce demand for air cargo industry Strengthening economies, e-commerce, and restocking are the three factors responsible for a global trade environment that saw air cargo demand outpacing supply by more than six percentage points for all four quarters of 2017.The benefits for airlines have been a return to freight profitability not seen in seven years. […]
Read More →Little respite from e-commerce demand for air cargo industry
on January 8, 2018in Industry News
Little respite from e-commerce demand for air cargo industry Strengthening economies, e-commerce and restocking are the three factors responsible for a global trade environment that saw air cargo demand outpacing supply by more than six percentage points for all four quarters of 2017.The benefits for airlines have been a return to freight profitability not seen […]
Read More →US imports forecast to rocket in February
on January 8, 2018in Industry News
US imports forecast to rocket in February On a percentage basis, 2017 was one of the strongest increases registered since the end of the Great Recession. US imports forecast to rocket in February International Freight
Read More →Imports at busiest US retail ports seen rising after strong 2017
on January 8, 2018in Industry News
Imports at busiest US retail ports seen rising after strong 2017 Retail had a strong year fueled by growing wages, higher employment and a boost in consumer confidence, according to a supply chain executive. Photo credit: Shutterstock. Imports at the busiest US container ports for retail goods are expected to rise further this year after […]
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