Oakland moves closer to largest in-port US logistics hub The Port of Oakland was the 10th busiest US port in terms of total trade in 2016. Photo credit: Shutterstock Development of the largest logistics hub within the boundaries of a US seaport is almost ready to begin with the tentative approval Thursday by the Oakland […]
Read More →JD.com commits to $1.2 billion in meat imports from US
on November 8, 2017in Industry News
JD.com commits to .2 billion in meat imports from US China’s US beef imports are set to grow following the signing of a new agreement. Photo credit: Shutterstock China’s largest retailer JD.com has signed agreements to purchase meat worth more than $1.2 billion from the United States over the next three years in a deal […]
Read More →The trans-Pac co-load factor
on November 6, 2017in Industry News
The trans-Pac co-load factor The willingness of container carriers to sell capacity to resellers who openly distribute rates to the market is fueling the rate volatility that threatens direct contracting relationships between the carriers and shippers. So-called co-loaders, a niche category of large-volume non-vessel-operating common carriers (NVOCCs), are able to buy wholesale capacity in bulk… […]
Read More →India to phase in customs reform through January
on November 6, 2017in Industry News
India to phase in customs reform through January The RFID reform is intended to help India make further progress in speeding the flow of goods through the supply chain. Photo credit: Shutterstock Indian customs plans to roll out the already delayed use of radio-frequency identification (RFID) sealing tags for factory-stuffed exports in stages through Jan. […]
Read More →VIDEO: Navigating tech solutions for individualized needs
on November 6, 2017in Industry News
VIDEO: Navigating tech solutions for individualized needs Eric Williams, Kuehne + Nagel’s global head of international supply chain, spoke to TPM Asia 2017 audiences about helping carriers navigate current technology to find the best solution to their individual needs. In a subsequent interview he examined the hurdles of legacy systems, potential developments in order management […]
Read More →VIDEO: Interesting ride ahead, K+N's Montrone says
on November 6, 2017in Industry News
VIDEO: Interesting ride ahead, K+N's Montrone says As carriers look to enhance the ROI of alliance investments, we’ll begin to see real service differentiation, which will enable more tailored solutions, said TPM Asia 2017 Panelist Paolo Montrone. Kuehne + Nagel’s senior vice president of global trades also discussed the balance of digitalization opportunities and the […]
Read More →Factory closure fears fuel Matson Chinese import spike
on November 3, 2017in Industry News
Factory closure fears fuel Matson Chinese import spike Matson faces growing competition in its core markets of Hawaii and US territories in the western Pacific Ocean. Photo credit: Shutterstock Uncertainty over the scale of Chinese factories closures spurred US importers to tap Matson’s expedited services, fueling a nearly 12 percent rise in Chinese imports in […]
Read More →Container spot rates creeping up on major east-west trades
on November 3, 2017in Industry News
Container spot rates creeping up on major east-west trades Spot rates have managed to rise for two consecutive weeks. Photo credit: ZIM Spot rates on the four major east-west trades could only inch upwards as rate increases continue to have a limited impact on prices being charged for container transport.About the only positive carriers can […]
Read More →Auto industry rebound jacks up ocean rates to Russia
on November 2, 2017in Industry News
Auto industry rebound jacks up ocean rates to Russia Workers assemble a Lada passenger car in Russia. Photo credit: Shutterstock A rebounding Russian auto industry has led to rate increases of between 12 and 15 percent in ocean rates on services from Europe and Asia. The year-over-year increases in rates this October have put EU-Russia […]
Read More →C.H. Robinson earnings show broad increases in shipping costs
on November 1, 2017in Industry News
C.H. Robinson earnings show broad increases in shipping costs Truckload volumes at C.H. Robinson were flat year over year in the third quarter. Photo credit: Shutterstock The current US trucking market, defined by tight capacity and surging volume following a devastating storm, is reminiscent of 2014, when winter storms kinked supply chains and sent rates […]
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