India expands RFID container tracking system Officials said the RFID system is one of several ease-of-doing-business measures the government has deployed to enhance port/trade competitiveness. Photo credit: Shutterstock. India is expanding its radio-frequency identification (RFID) technology-enabled container tracking service to more terminal locations, aided by Japanese technological assistance that’s proved to be a key driver […]
Read More →US shipping industry awaits data-sharing portal
on December 22, 2017in Industry News
US shipping industry awaits data-sharing portal Shaving one day from the supply chain spread over thousands of shipments can save BCOs millions of dollars a year in cost. Photo credit: Shutterstock. NEWARK — The marine terminal, trucking and warehouse sectors are realizing incremental improvements in cargo velocity, but the industry needs a data-sharing portal that provides […]
Read More →Holiday will not dent sky-high air freight rates
on December 22, 2017in Industry News
Holiday will not dent sky-high air freight rates Tight space regarding Asia to Europe and across the Pacific, and on trans-Atlantic and Europe-South America trades, is driving up air cargo rates to levels not seen in years. Photo credit: Shutterstock. Favorable supply and demand dynamics are driving up air cargo yields and offsetting pressure from rising […]
Read More →Jawaharlal eyes barges to reduce truck congestion
on December 22, 2017in Industry News
Jawaharlal eyes barges to reduce truck congestion Truck transport is causing congestion and backups on the area’s roads and highways. Photo credit: Shutterstock. After struggling to make steady progress on its road-to-rail freight conversion drive, Jawaharlal Nehru Port Trust (JNPT) is looking to promote cargo movement via barges, as pressure from Indian government authorities to […]
Read More →JNPT eyes barges to reduce truck congestion
on December 22, 2017in Industry News
JNPT eyes barges to reduce truck congestion Truck transport is causing congestion and backups on the area’s roads and highways. Photo credit: Shutterstock. After struggling to make steady progress on its road-to-rail freight conversion drive, Jawaharlal Nehru Port Trust (JNPT) is looking to promote cargo movement via barges, as pressure from Indian government authorities to […]
Read More →Savannah, Charleston drive coastal Asia import gains
on December 21, 2017in Industry News
Savannah, Charleston drive coastal Asia import gains US importers were drawn to the US Southeast ports’ additional vessel capacity, favorable first call-inbound services from Asia and industrial real estate space, among other factors. Photo credit: Shutterstock. The port of Savannah and to a lesser degree, Charleston, drove the East Coast’s nearly 1 percentage point gain […]
Read More →Officials: New India-Russia/EU route slashes transport costs
on December 21, 2017in Industry News
Officials: New India-Russia/EU route slashes transport costs The new route became possible only after the lifting of sanctions against Iran by the international community. Photo credit: Shutterstock. The cost of container cargo transport from India to Russia and the European Union should decline up to 30 percent compared with the traditional trade route through the […]
Read More →Europe to rails: get your house in order
on December 21, 2017in Industry News
Europe to rails: get your house in order The European Commission has dramatically turned up the heat on the rail freight industry with a thinly-veiled warning that rail’s failure to deliver a greater market share was threatening public funding that underpins rail in Europe and is urgently needed to improve inadequate infrastructure.EC Transport Commissioner Violeta […]
Read More →PSA, Concor deal boosts JNPT’s rail freight effort
on December 20, 2017in Industry News
PSA, Concor deal boosts JNPT’s rail freight effort Grouping northwest-bound containers onto a single train, along with priority handling, should increase port productivity. Photo credit: PSA India. While Jawaharlal Nehru Port Trust (JNPT) has thus far been unable to make any headway in its road-to-rail freight conversion drive, despite various proactive measures, however a […]
Read More →Maersk pressures forwarders amid market share battle
on December 19, 2017in Industry News
Maersk pressures forwarders amid market share battle Some believe Maersk’s forwarders decision could be early evidence that the carriers’ market strength is improving — giving it the ability to address longstanding grievances with forwarders. Photo credit: Shutterstock. Maersk Line this year began putting pressure on forwarders by challenging named account rates and shortening the duration […]
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