An expanded Panama Canal will result in a smaller number of North American air cargo centers, according to the recently released North American Port Analysis by commercial real estate firm Colliers International. The report, titled "CapEx or Capsize," says air cargo's role in global trade will be defined by the tug-of-war between energy/infrastructure costs and e-commerce growth in the first post-Panamax decade, from 2015 through 2025.
Solving the sustainability challenges of the palm oil market will require use of alternative oils and the cooperation of all stakeholders, says a study from A.T. Kearney.
By recently taking charge of the Gwadar port in Pakistan, China has increased its presence in Southern Asia's port sector, much to the concern of the Indian Government.
Managing month-to-month changes to services and schedules is now a constant battle for container operators as they strive to keep the spot market from imploding in the current weak demand environment, according to Drewry's latest Container Forecaster report.
Freight railroads are positioning themselves to meet future transportation demands in this country, including those related directly and indirectly to the expansion of the Panama Canal, Edward R. Hamberger, Association of American Railroads (AAR) president and CEO, told the Senate Committee on Commerce, Science, and Transportation.
U.S. import shipment volume for March, measured in TEUs, decreased by 15 percent from February and by 12.5 percent from March of 2012. While February imports were unusually high, March imports were unusually low. In fact, imports for the month of March have not been this low since 2009.
The latest version of Isotrak's vehicle tracking solution enables fleet operators to improve trailer utilization and cut operational costs and fleet size by as much as 10 percent, the manufacturer says. The Active Transport Management System (ATMSi) gives round-the-clock visibility of all the trailers in the fleet, identifying those in use and those underutilized.
Saudi Logistics, a subsidiary of Banaja Holdings, has rebranded itself as Tranzone, it announced this week. Saudi Logistics is an exclusive logistics company for the healthcare industry in the Kingdom of Saudi Arabia, but management wants to leverage the reputation of the company's sister entity, UAE-based Tranzone, in a bid for regional expansion.
CMA CGM is set to open an inland terminal near Abu Ghraib, in the Baghdad Governorate, in June. The shipping group will exclusively manage and operate the facility, which it says will be Iraq's only dry port.
Wal-Mart Stores Inc., the world's largest retailer, says that after a fire at a Bangladesh factory last year killed 112 people it is making its biggest push yet to try to improve conditions at factories that produce its clothing.