Singapore remains the world’s most expensive city to live in, a study showed on Tuesday, with two Japanese cities — Tokyo and Osaka — returning to the top 10 thanks to the strengthening of the yen. Almaty in Kazakhstan was the least expensive, followed by Lagos in recession-hit Nigeria.
Winter Storm Stella has hit the Northeast, dumping snow in New England and freezing rain in warmer areas, and causing road closures along the East Coast. Stella has dropped more than a foot of snow already in areas of New York and Pennsylvania and brought freezing rain and ice to the Washington, D.C., and Baltimore […]
There is a lot of work being done behind the scenes involving some of the biggest names in and out of transportation, when it comes to driverless vehicles and trucks.
A growing shortage of ocean containers is raising the cost of getting goods inland and putting more freight into less-than-truckload (LTL) networks closer to ports, trucking companies say. The amount of ocean freight transloaded into domestic trailers as well as intermodal containers long has been growing, but costs associated with repositioning containers are speeding the […]
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending March 4, 2017. For this week, total U.S. weekly rail traffic was 521,607 carloads and intermodal units, up 1.8 percent compared with the same week last year. Total carloads for the week ending March 4 were 262,743 carloads, up 6.3 […]
As confidence levels increase within the intermodal market, key industry players will come together at Intermodal Asia 2017 to do business, network and discuss industry trends and innovative solutions. At a time when change is vital to drive the industry forward, Intermodal Asia will take place from 21st-23rd March 2017 at the Shanghai World Expo […]
Miami, Florida will be the venue for the TIACA 2020 Air Cargo Forum (ACF), along with Multimodal Americas and Supply Chain Americas. The biennial event brings together supply chain decision makers from across the globe for three days to network and learn from industry experts.
Major container ports in the United States handled an “unusually high” 1.67 million TEUs in January 2017, up 12.5 percent from the previous year, according to the Global Port Tracker report by the National Retail Federation and Hackett Associates.
The global market rally is facing a familiar nemesis: feeble oil prices. In the latest blow, Saudi Arabia announced Tuesday that it raised output back above 10 million barrels a day in February — reversing about a third of the cuts made the previous month — sending crude to the lowest level since late November. […]
The Federal Reserve raised its benchmark lending rate a quarter point and continued to project two more increases this year, signaling more vigilance as inflation approaches its target.
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