The world’s largest ocean carrier has piloted a program in four countries to offer loan capital to shippers and has recently expanded that facility to importers and exporters to the United States. The program is designed to give Maersk customers an alternative to bank financing for shipping and trade-related services attached to their ocean freight, […]
Seeking Game Changers for International Freight
The development of the Hyperloop transportation concept is a game changing breakthrough in transportation that combines already proven concepts such as magnetic levitation, linear electric motors and tunnels. Such technology also provides the basis for future related transportation technology that would occupy unique new niches in the transportation market. That technology could include future freight […]
ILA concerned about NY/NJ chassis depot rents
Increasingly high rents charged to chassis providers by the Port Authority of New York and New Jersey could hurt the port’s overall competitiveness, says Dennis Daggett, executive vice president of the International Longshoremen’s Association.
China Sparks World Container Traffic Boom
Preliminary data from Drewry’s Container Trades Statistics (CTS) indicates that world container traffic surged by 10% year-on-year in the first quarter of 2017, fuelled mainly by spikes in imports and exports from China.
Standardized pharma trade lanes becoming a reality
The air cargo pharmaceuticals sector continues to grow strongly at double-digit rates while the global pharma industry is also expanding strongly. Industry players are meeting demand by investing heavily and putting plenty of resources, whether that be through gaining International Air Transport Association’s (IATA) CEIV Pharma certification, building specialist pharma facilities, or cool dollies to […]
Fewer “no shows” key to service contract evolution
Last autumn in two unrelated speeches at JOC conferences barely a month apart, senior executives from Hapag-Lloyd and Maersk Line took aim at the continuing problem of no-show containers, which can exceed 40 percent of a voyage’s booked cargo in extreme cases but can often account for 25 percent. “For every four bookings we get, […]
Confidence grows for air cargo in Asia
Airfreight volumes on Asia-Europe trade lanes eastbound and westbound are expected to surge in the coming months, according to the latest survey results for the APAC Forwarding Index. Around 54% of survey respondents predicted Asia Pacific air cargo volumes across all lanes will be higher in three months time than at present, with 37% expecting […]
What shippers really want: Airfreight’s true customers speak out
In 2017, airfreight is undergoing a paradigm shift, of sorts, and the overwhelming sentiment throughout the supply chain is a willingness to cooperate, in order to realize airfreight’s potential and maximize its value proposition.
U.S. Ports Upbeat on Container Volumes
Import volumes at major container ports in the U.S. are projected to rise 4.7 percent in the first half of 2017 compared with the same period a year ago, and many ports are reporting growth. Import volumes at major container ports are expected to continue their recent growth throughout the second quarter of 2017 thanks […]
US shippers turn collaborative as logistics gets more complex
Some shippers may consider “collaboration” a buzzword that’s been stale since the 1990s, but it’s slipping off their lips more and more often. Concern about future truck capacity coupled with more complex demands from customers are pushing US shippers to make transportation suppliers partners.That’s tough for those companies that pressed transport operators for deep cuts […]