Logistics industry fed up with lack of post-Brexit plan While other EU states are recruiting extra customs officials at their leading ports, including Rotterdam, Antwerp, and Calais, the British government has yet to unveil its spending plans to ease post-Brexit traffic through the country’s key shipping hubs. (Above: The Port of Felixstowe, United Kingdon.) Photo […]
Read More →Truck sector benefiting the most from India’s tax reform
on June 22, 2018in Industry News
Truck sector benefiting the most from India’s tax reform Unified tax reform has led to a roughly 18 to 20 percent improvement in truck turn times. (Above: Cargo trucks in India.) Photo credit: Nhava Sheva Container Operators’ Welfare Association. India’s nationwide, unified tax reform, implemented in July 2017, appears to have had a greater […]
Read More →Rotterdam barge delays persist despite easing measures
on June 22, 2018in Industry News
Rotterdam barge delays persist despite easing measures Despite a container consolidation partnership among marine terminals, inland shipping companies, and inland centers, barge operators say there’s been little improvement in reducing barge delays during peak times. (Above: The Port of Rotterdam.) Photo credit: Shutterstock.com. The Port of Rotterdam says it is making progress in addressing barge […]
Read More →US ELD mandate tightens Canadian trucking markets
on June 21, 2018in Industry News
US ELD mandate tightens Canadian trucking markets Many Canadian businesses were surprised by the breadth and depth of the electronic logging device’s (ELD’s) impact: shippers dependent on cross-border trade with the US experienced significant disruption starting Dec. 18, when the ELD rule took effect. (Above: A truck travels in Canada.) Photo credit: Shutterstock.com. TORONTO, Canada […]
Read More →Shippers discuss peak season, intermodal, trade wars
on June 20, 2018in Industry News
Shippers discuss peak season, intermodal, trade wars Spending on 3PLs expected to rise 5.5 percent by 2019 as shippers rely upon logistics providers to manage capacity constraints on the highways and rails while offering long-term solutions through technology. Photo credit: Shutterstock.com. The logistics industry is expected to grow 5.5 percent through 2019 as US shippers […]
Read More →CMA CGM Containerships Ltd. buy another Europe footprint expansion
on June 20, 2018in Industry News
CMA CGM Containerships Ltd. buy another Europe footprint expansion CMA CGM believes expanding into land routes with supply chain services is the key to maintaining growth following the consolidation of the container shipping market. Photo credit: Shutterstock.com. CMA CGM has announced plans to acquire intra-Europe specialist Containerships, a targeted acquisition that is aimed at […]
Read More →CMA CGM acquisition expands Europe footprint
on June 20, 2018in Industry News
CMA CGM acquisition expands Europe footprint CMA CGM believes expanding into land routes with supply chain services is the key to maintaining growth following the consolidation of the container shipping market. Photo credit: Shutterstock.com. CMA CGM has announced plans to acquire intra-Europe specialist Containerships, a targeted acquisition that is aimed at expanding its presence […]
Read More →Maersk to benefit from India’s fast-track customs approval for APMT
on June 20, 2018in Industry News
Maersk to benefit from India’s fast-track customs approval for APMT Maersk has been beefing up its logistics solutions for India exports and imports, as it expects Indian container trade to grow at a faster pace this year, after an 11 percent increase in the first quarter 2018. (Above: APM Terminals’ Pune inland container depot […]
Read More →Penske Logistics buys Epes Transport to expand for-hire truckload
on June 19, 2018in Industry News
Penske Logistics buys Epes Transport to expand for-hire truckload A Penske spokesman said the acquisition will grow the company by enhancing its portfolio of transportation and logistics solutions to shippers. Photo credit: Epes Transport System. Penske Logistics, a popular logistics provider that provides dedicated contract carriage and warehousing services to shippers, has purchased North […]
Read More →Carriers refuse to bow to anti-surcharge pressure
on June 19, 2018in Industry News
Carriers refuse to bow to anti-surcharge pressure Bunker fuel surcharges appear to be here to stay despite resistance from some shippers. Photo credit: Shutterstock.com Global container carriers are holding the line on emergency bunker surcharges, offering global forwarders no flexibility in pricing as the carriers contend with rising operating costs, weak freight rates, and the […]
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