Mexican truckers plead for crackdown on cargo theft surge Mexico’s transportation industry wants a greater government focus on cargo theft deterrence and punishment. Mexican trucking companies are urging lawmakers to stiffen penalties against cargo robberies, with a group representing motor carriers saying the escalation of crime this year has turned much of the country’s highways […]
Read More →Mexican truckers urge government to crack down on cargo theft surge
on July 27, 2017in Industry News
Mexican truckers urge government to crack down on cargo theft surge Mexican trucking companies are urging lawmakers to stiffen penalties against cargo robberies, with a group representing motor carries saying the escalation of crime this year has turned much of the country’s highways into “no man’s land.” The Cámara Nacional del Autotransporte de Carga (CANACAR), […]
Read More →New ways to reduce container booking no-shows emerge
on July 27, 2017in Industry News
New ways to reduce container booking no-shows emerge No-shows and rolled cargo are two of the major inefficiences of modern container shipping. A renewed focus on flaws in the container booking process that leave vessels partly empty, when promised cargo doesn’t arrive, or overbooked, with containers left on the dock, has triggered a slew of […]
Read More →East-west spot rate gains forecast to drive carriers to $5 billion profit
on July 25, 2017in Industry News
East-west spot rate gains forecast to drive carriers to billion profit East-west spot rates have slid through summer but are expected to rise along with peak season volumes. Spot rates in the major east-west trades will soon emerge from their temporary slump as the peak-season begins, driving carriers to an industry-wide profit of about $5 […]
Read More →East-west spot rate gains forecast to drive carriers to $5B profit
on July 25, 2017in Industry News
East-west spot rate gains forecast to drive carriers to B profit East-west spot rates have slid through summer, but are expected to rise along with peak season volumes. Spot rates in the major east-west trades will soon emerge from their temporary slump as the peak-season begins, driving carriers to an industry-wide profit of about $5 […]
Read More →Improvisation key to humanitarian aid shipments
on July 25, 2017in Industry News
Improvisation key to humanitarian aid shipments Difficulties in organizing international aid shipments arise far before the last mile. NEW ORLEANS — You’re moving a one-time shipment of mixed cargo to a remote country with poor infrastructure, and no one in your organization knows the first thing about shipping. For Jack Fong, that’s a typical customer. […]
Read More →Flood of giant vessels to keep Asia-Europe rates under pressure
on July 24, 2017in Industry News
Flood of giant vessels to keep Asia-Europe rates under pressure At 21,413 TEU, OOCL Hong Kong was the first ship to cross the 21,000 TEU barrier when it was launched in Korea in May. The vessel is the first of six ultra-large container ships that will serve on the Asia-Europe trade. Ultra-large container ships greater […]
Read More →Slideshow: How Fagioli handled the 'move of the year’
on July 22, 2017in Industry News
Slideshow: How Fagioli handled the 'move of the year’ Hannibal used elephants to cross the Alps into Italy, but more than 2,000 years later that was not an option for the movement of a large tunnel-boring machine from Germany to Italy. Italian heavy hauler Fagioli used trucks, barges, and ships to move sections of the […]
Read More →Slideshow: How Fagioli handled the ’move of the year’
on July 22, 2017in Industry News
Slideshow: How Fagioli handled the ’move of the year’ Hannibal used elephants to cross the Alps into Italy, but more than 2,000 years later that wasn’t an option for the movement of a large tunnel-boring machine from Germany to Italy. Italian heavy hauler Fagioli used trucks, barges, and ships to move sections of the machine, […]
Read More →Eastbound trans-Pac spot rates slip in third straight week
on July 21, 2017in Industry News
Eastbound trans-Pac spot rates slip in third straight week Trans-Pacific capacity is rising. The peak-shipping season in the eastbound Pacific has yet to take off in earnest as spot rates declined slightly for the third consecutive week. By contrast, in mid-July last year spot rates were moving higher, and they remained strong through the end […]
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