The 2016 value of international freight at Miami International Airport (MIA) rose eight percent to US$57.3 billion, according to U.S. Department of Commerce data. MIA accredited the rise to pharmaceutical freight, which rose 48 percent, year over year, to $4.4 billion.
Californian Port of Los Angeles has seen its volumes increase by 10 percent in the first quarter of 2017 as it handled a total of 2.23 million TEUs in the three-month period, compared to 2 million TEU seen in the same quarter a year earlier.
Shippers and freight forwarders were increasingly dissatisfied with container lines through 2016, according to a survey by Drewry Shipping Consultants and the European Shippers’ Council. Savvy carriers that invest to raise standards have an opportunity to “truly stand out” in an increasingly commoditized market and take business away from lazier rivals, London-based Drewry said. (This […]
Saudi Arabia, the world’s largest crude shipper, trimmed exports to a 21-month low in February as local refineries took advantage of more abundant supplies and processed a record amount of crude. Oil exports fell to 6.95 million barrels a day, the lowest since May 2015, from 7.7 million a day in January, according to data […]
Shippers, it is clear, want greater visibility into their supply chains, not just from trucking companies and shipping lines but from third-party logistics providers (3PLs) and brokers. In an electronic poll, three quarters of the transport and logistics executives at the 2017 Transportation Intermediaries Association Conference here Thursday said US shippers already have required they […]
New food safety regulations that define brokers as shippers began earlier this month, and the FMCSA put on hold a new method for determining the safety of carriers. Here are five regulations that freight brokers should be aware of-either because they apply to brokers directly, or because the rules will have an impact on truckload […]
Spot truckload freight rates posted impressive gains the first week of this month despite a small but typical decline compared to the week before, according to DAT Solutions and its network of load boards, as shippers rushed to move cargo before closing their books on the first quarter.
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 8, 2017. For this week, total U.S. weekly rail traffic was 513,022 carloads and intermodal units, up 7.1 percent compared with the same week last year. Total carloads for the week ending April 8 were 252,056 carloads, up 9.8 […]
At Progressive Railroading’s third annual Secure Rail Conference, held April 5-6 in Orlando, Fla., attendees listened to 20 presentations on topics that addressed how railroads can improve the security of assets, passengers and employees.
March was a bumper month for US carriers as the big three all registered a surge in air cargo demand. United, American and Delta all saw cargo demand increase during March compared with a year ago, with Delta registering its first year on year improvement since February 2015. IATA has reported that the strength of […]
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