A 5 percent increase in global container port traffic in the final quarter of 2016 points to an uptick in a market that has viewed modest growth over the past two years as the new normal, according to Drewry Shipping Consultants. (This article requires a subscription to the Journal of Commerce. To subscribe, please click […]
Boeing Co. has a temporary plan to save the iconic but slow-selling 747 jumbo jetliner: buying its own planes and leasing them to cargo haulers. With the effective shutdown by Congress of the U.S. Export-Import Bank — which traditionally has helped overseas carriers purchase planes — Boeing lost a key sales tool. Making matters worse, […]
A surge in airfreight demand on the Europe-Asia trade has seen IAG Cargo suggest that a capacity crunch in ocean shipping is forcing shippers and forwarders to switch transport modes. IAG Cargo said that it had seen a boom in demand on key routes from Europe into Asia over the first two months of the […]
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.
A severe lack of technology with container-level visibility is stunting matchback opportunities for shippers in the US heartland, spurring the need for a portal detailing container type, location and availability for beneficial-cargo-owners and transport providers. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
The International Air Cargo Association’s (TIACA) Shippers’ Advisory Committee (SAC) said in a new position paper that change is needed, and all sectors of the air cargo supply chain industry must collaborate to drive the adoption of new technology and greater transparency.
The global air cargo rally continued into 2017, with traffic rising 6.9 percent year-over-year in January on strong growth in Europe and the Middle East, according to the International Air Transport Association. While this was down from the 10 percent growth in December, it is still well above the average annual growth rate of 3 […]
The US Federal Maritime Commission (FMC) has voted to amend its rules involving Service Contracts and NVOCC Service Arrangements (NSAs) in order to ease regulatory burdens and make the agency’s rules more consistent with how the ocean shipping business is now practiced.
A bipartisan bill titled Energizing American Maritime Act was introduced last week to the US Congress requiring up to 30 percent of US liquefied natural gas (LNG) exports to be carried on US-flagged ships.
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