As the economy shows signs of improvement, so too do the rail and intermodal transportation markets. However, it bears repeating that even in the leaner economic times of recent years, these markets did a better than average job of persevering while it appeared that the other major modes were limping along.
The air cargo landscape is undergoing change with more players seeking to control assets and enter the market, but there will always be a role for the middleman, according to one speaker at the Caspian Air Cargo Summit. Speaking at the two-day conference in Baku, PAS Aviation Logistics managing director Peter Scholten explained that there […]
As any world traveler knows, situations can get confusing when the parties involved don’t share a common language. The same holds true in air cargo when it comes to digitizing across platforms, and industry organizations are taking steps to overcome the cargo language barrier.
Strong consumer demand produced record import volume in August and near-record imports are projected for October, which will close out a busy peak-shipping season, according to the National Retail Federation. However, industry analysts emphasize that beneficial cargo owners can anticipate a soft rate environment during the post-holiday shipping slump in November to December, and into […]
Just over a month after Amazon.com Inc. ate Whole Foods, the shakeout in the American grocery aisle keeps getting uglier. The latest sign of trouble: Private-equity giant Apollo Global Management recently tossed a $50 million lifeline to Fresh Market, the struggling high-end chain it took private only 17 months ago. It will only get worse […]
U.S. employers are advertising near-record levels of job openings, though the total slipped in August from July. Job openings fell 0.9 percent in August to just under 6.1 million, the Labor Department said Wednesday, from 6.14 million in the previous month. July’s figure was revised slightly lower but is still the largest number of available […]
Canadian exports fell for a third month in a row as the country’s trade deficit increased in August, Statistics Canada said Thursday. The trade deficit came in at $3.4 billion for the month, compared with a $3-billion deficit in July. The increase came as overall exports slipped 1 per cent to $43.6 billion in August. […]
Manufacturers that build cars and heavy trucks alike increasingly believe electricity – whether as stand-alone power or as part of a hydrogen-based fuel cell system – will play a critical role in powering motor vehicles in the not-so-distant future.
A digital transformation of the intermodal rail supply chain is gaining momentum as beneficial cargo owners (BCO) and freight intermediaries seek to extract information that will allow them to better put necessary labor and equipment in place. Whether the data comes from a bill of lading, proof of delivery, freight bill invoice, or customs declaration, […]
Airfreight rates on major east-west traders were largely flat in August, but are expected to have picked up again in September. The latest figures from consultant Drewry’s Sea and Air Shipper Insight show that the average all-in buy rate across 28 major east-west lanes stood at $2.63 per kg in September. This represents an increase […]
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