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Industry News

Compliments of The Journal of Commerce.

  • China-Europe rail growth unsettles air cargo service providers

    Fri, 20 Jul 2018 16:02:21 +0000 - Air cargo volume growth has been robust in recent years, driven by e-commerce and consumer demands for speed to market. Photo credit: Shutterstock.com. The air cargo industry is beginning to view the high-speed rail network in China and the overland route to Europe with its multibillion dollar investment by Beijing as... Read More

  • Oil and water shape Panama Canal's future

    Thu, 12 Jul 2018 13:12:03 +0000 - Two years after the opening of the $5.4 billion larger locks, the Panama Canal has racked up a series of wins, from attracting services from the Suez Canal to seeing carriers deploy larger ships sooner than expected. And Administrator Jorge Quijano expects to attract more services away from the Suez Canal as ocean carriers... Read More

  • Panama Canal: Low-sulfur fuel rule will attract new services

    Wed, 11 Jul 2018 19:30:59 +0000 - Panal Canal officials expect the frequency of container ship transits to increase as ocean carriers seek to mitigate rising fuel costs driven by the International Maritime Organization low-sulfur emissions rule, taking effect in 2020. (Above: A container ship transits the Panama Canal.) Photo credit: Shutterstock.com. Two years after the opening of... Read More

  • India allows ports, terminals to charge $2 per container RFID fee

    Wed, 11 Jul 2018 17:43:21 +0000 - Above: Jawaharlal Nehru Port Trust (JNPT). Photo credit: JNPT. Real-time supply chain visibility has been a priority for shippers, but a mandatory radio-frequency identification (RFID) fee for container tracking may prove to be a burden for cost-conscious exporters/importers, battling intense competition. With the government setting a firm Sept. 30 deadline for all... Read More

  • Rockier than usual peak season ahead for US importers

    Wed, 11 Jul 2018 13:39:28 +0000 - Whether ships from Asia hit the sought-after utilization levels in the high 90s hinges on whether forecasts of 3 to 5 percent volume growth for the rest of the year are realized and the extent of carriers’ cancellation of services. (Above: The Port of Los Angeles.) Photo credit: Shutterstock.com. US importers... Read More

  • Inland port serving NY-NJ moves forward

    Tue, 10 Jul 2018 20:52:31 +0000 - Shippers that use the Port of New York and New Jersey may find that Syracuse offers an attractive option once a rail-linked inland port is built. But will its lower rent offset logistics costs? Photo credit: Shutterstock.com. An inland port serving the Port of New York and New Jersey is moving... Read More