Authorities approve JNPT truck toll hike The vast majority of cargo at Jawaharlal Nehru Port Trust enters and leaves the port by truck. Jawaharlal Nehru Port Trust (JNPT) received final approval from port regulators to levy toll charges for truck cargo gated in and out of terminals at India’s busiest container gateway following months of […]
Read More →BCO, carriers conflict on what's market reality
on October 16, 2017in Industry News
BCO, carriers conflict on what's market reality Shippers and carriers can’t agree whether the sun is setting or rising on overcapacity and accompanying rate volatility. A global beneficial cargo owner (BCO) said the spot market price per FEU on the all-water trans-Pacific trade was now well below his annual contracted rate despite healthy peak season […]
Read More →Asia-Europe rail shippers Czech out Prague for savings
on October 16, 2017in Industry News
Asia-Europe rail shippers Czech out Prague for savings Asia-Europe rail services have been expanding to keep up with growing demand. Asia-Europe rail shippers needing to reach Austria, Romania, and Hungary can save up to five hours of transit time and 1,300 to 1,500 euro per container by offloading cargo in Prague, Czech Republic, rather than […]
Read More →APL’s Sartini: Differentiated services new carrier battleground
on October 16, 2017in Industry News
APL’s Sartini: Differentiated services new carrier battleground Shippers often demand premium services only to show lukewarm interest when available, but that may be changing. SHENZHEN — The expansion of APL’s premium guaranteed service that was first launched in March had the double purpose of offering a premium service to a certain category of shipper and […]
Read More →NAFTA renegotiation progress elusive
on October 16, 2017in Industry News
NAFTA renegotiation progress elusive US demands that US-made components make up more than half of all parts used in auto production threatens to derail NAFTA talks. RANCHO MIRAGE, California — The fourth round of talks on the renegotiation of the North American Free Trade Agreement are careening toward an inclusive end this week, with US demands… […]
Read More →Fourth industrial revolution has shipping in its sights
on October 16, 2017in Industry News
Fourth industrial revolution has shipping in its sights Wolfgang Lehmacher, head of supply chain and transport industry, World Economic Forum, outlined six trends of the Fourth Industrial Revolution that are disrupting the Shipping Industry at the JOC’s TPM Asia conference in Shenzhen. SHENZHEN — Disruption is unavoidable for container shipping as multiple technologies converge with […]
Read More →Analysis: Fourth Industrial Revolution poised to disrupt shipping
on October 16, 2017in Industry News
Analysis: Fourth Industrial Revolution poised to disrupt shipping The digital transformation that has overtaken much of the global economy is set to transform container shipping. Wolfgang Lehmacher, head of supply chain and transport industry, World Economic Forum, outlined six trends of the Fourth Industrial Revolution that are disrupting the Shipping Industry at the JOC’s TPM […]
Read More →New program to help Virginia attract Latin America reefer imports
on October 12, 2017in Industry News
New program to help Virginia attract Latin America reefer imports Blueberries are one of fruits for which shippers regularly use the cold-treatment program. US importers of perishable goods from South America that require cold treatment before moving inland can now tap the Port of Virginia, a move set to further squeeze northeastern ports that handle […]
Read More →US truckload spot market continues to heat up
on October 12, 2017in Industry News
US truckload spot market continues to heat up Broad economic growth and hurricane recovery efforts are fueling robust growth in trucking demand and rates. The truckload spot market that burned hot through the summer continued to heat up in September, with demand for truckload capacity jumping 15 percent from August and 80 percent from September […]
Read More →Streamline processes to achieve true supply chain visibility
on October 11, 2017in Industry News
Streamline processes to achieve true supply chain visibility Businesses today have more resources and technology than ever to manage their logistics processes. So why did a recent Business Continuity Institute report state that two-thirds of them lack end-to-end visibility into their supply chains? Juggling logistics providers, inaccurate data and outdated processes are all prime culprits […]
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