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The Business of Supply Chain is Changing Through Innovation Summit Michigan Supply Chain Innovation Summit co-hosts,  Michigan Economic Development Corporation  (MEDC) and  Prima Civitas, are proud to present top experts who are pushing the boundaries of today’s best supply chain practices.   Network at the opening-night private reception and elegant dinner at The Henry Ford Museum, America’s greatest innovation […]

European ports to expand hinterland reach via EU aid Port of Rotterdam container yard and rail connection.European ports’ hinterland connections will get a boost via the European Union’s largest-ever infrastructure investment totaling 13.1 billion euro ($14.5 billion). Of the plan comprising comprising 276 projects, major rail and inland waterway links are the main beneficiaries. Ports, […]

West Coast ag shippers demand reliability from ILWU, employers SAN FRANCISCO – Exporters of agriculture and forest products who diverted shipments from West Coast ports earlier this year because of labor disruptions and congestion are once again shipping most of their cargo through the West Coast. But in order to remain loyal shippers, they demand that the […]

Charter rates for sub-Panamax container ships start falling Fixing in the container vessel charter market is turning patchier as summer draws near, with hire rates for ships with capacities of 2,500–3,000 twenty-foot equivalent units declining in particular. Rates for gearless 2,700–2,800 TEU ships, which remain popular for the growing intra-Asia trade, continued to erode last […]

Tripartite has secured .5m for infrastructure The COMESA-EAC-SADC Tripartite has secured an USD 4.5m grant from the NEPAD – Infrastructure Project Preparation Facility. Out of this facility, USD 1.7m will go to Botswana to implement infrastructure projects that will strengthen trade between COMESA and SADC. Secretary General of COMESA Sindiso Ngwenya disclosed this when he […]

Days of historically low US logistics costs seen coming to end WASHINGTON — Tightening capacity fueled by growing demand spells the end to historically low logistics costs, according to the latest State of Logistics report out of the Council of Supply Chain Management Professionals. The cost of U.S. business logistics rose 3.1 percent to slightly […]

New Panama locks to open in April, but at higher cost The new locks at the Pacific end of the Panama Canal began to fill with water this week in preparation for months of testing of their new gates before they open to commercial traffic in April. The flooding to the Pacific locks, following that […]

Milan-Charleston LCL service set to launch amid weak volume growth on trade CaroTrans is launching a new weekly, direct less-than-container-load service from Milan to Charleston starting next month, amid weak westbound volume growth on the trade lane. U.S. containerized imports from the Mediterranean rose 0.5 percent in the first four months of 2015, while export […]

Target says supply chain disruptions demand more collaboration SAN DIEGO – Increasingly frequent disruptions to global supply chains pose a growing threat to U.S. importers and distribution networks, demanding more intensive collaboration among shippers, logistics companies and domestic transport operators, a leading retail shipper said on Monday. “There have been a number of disruptions even […]

Colombo International Maritime Conference to address growing regional trade potential Ninety per cent of the world’s trade is moved through shipping and is considered as the wheels of global trade. It helps the global economy propel and develop new markets to create wealth among nations. In this context, Sri Lanka known to be a historical […]