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 […]
Read More →US poultry exports forecast to fly higher
on July 20, 2017in Industry News
US poultry exports forecast to fly higher The US chicken industry is recovering from down years caused by avian influenza. Robust demand is expected to push US poultry export volume higher this year in a global market roiled by outbreaks of avian influenza and trade restrictions Containerized exports of US poultry rose 3.3 percent year-over-year […]
Read More →China plan to ban waste imports threatens US exports
on July 19, 2017in Industry News
China plan to ban waste imports threatens US exports China’s notification to the World Trade Organization(WTO) that it will no longer import solid waste by the end of this year imperils 8.2 percent, or nearly 1 million TEU, of all US exports, according to an analysis of data from PIERS. Click to Enlarge The WTO […]
Read More →Congestion paralyzes Chittagong port
on July 19, 2017in Industry News
Congestion paralyzes Chittagong port The Chittagong port is in desperate need of infrastructure improvements. Severe congestion in Bangladesh’s prime seaport Chittagong caused by low draft and broken ship-to-shore gantry cranes has crippled loading and unloading, nearly doubling the average time ships spend in port, and there’s no immediate solution on hand. Click to Enlarge The […]
Read More →Asia-Mediterranean trade outpacing forecasts
on July 19, 2017in Industry News
Asia-Mediterranean trade outpacing forecasts Growth at Mediterranean ports such as Genoa has been beating expectations. Container traffic on the Asia-to-Mediterranean route has outpaced forecasts but the phasing in of larger vessels will put on pressure on spot freight rates towards the end of the year, according to Drewry Shipping Consultants. Traffic growth has risen from […]
Read More →US exporters tapping new DDG markets hurts container volumes
on July 18, 2017in Industry News
US exporters tapping new DDG markets hurts container volumes Shipping dried distillers grains is marked by uncertainty after aggressive trade actions in Asia. Trade disputes with their primary customers China and Vietnam are driving US exporters of dried distillers grains (DDGs) to overhaul their supply chains, tapping new markets from Turkey to Thailand that not […]
Read More →Longer US auto factory closures bodes poorly for trade
on July 17, 2017in Industry News
Longer US auto factory closures bodes poorly for trade The market for US tire imports is less reliant on vehicle production than that for auto parts. Automakers in the United States are keeping plants closed longer during regularly scheduled intermissions this summer because of declining auto sales — a move expected to accelerate the decline […]
Read More →Longer factory closures to dent US auto exports, part imports
on July 17, 2017in Industry News
Longer factory closures to dent US auto exports, part imports The market for US tire imports is less reliant on vehicle production than that for auto parts. Automakers in the United States are keeping plants closed longer during regularly scheduled intermissions this summer because of declining auto sales — a move expected to accelerate the […]
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