CargoWise, a provider of information technology to logistics service providers, has entered into a distribution partnership with Asvinta Solutions in Sri Lanka.
Regardless of the goods that are being shipped - from electronics to pharmaceuticals to fruit - once released into the supply chain, they are immediately at risk. And the longer they are in transit, the more vulnerable those goods become - facing threats of terrorism, of theft, or even of a natural disaster. Until the cargo arrives safely at its final destination, there are an inordinate number of things that could jeopardize the supply chain from running smoothly.
Drewry's research shows that the average size of vessel deployed between Asia and North Europe now exceeds 10,000 TEUs for the first time. Orders for Ultra Large Container Vessels (ULCVs) have been quiet recently, but the pace of growth in vessel sizes will continue to outstrip cargo growth for the foreseeable future.
The head of A.P. Moeller-Maersk A/S, owner of the world's biggest container shipping line, said China's efforts to boost domestic consumption and pare reliance on exports will help carriers as imports into the country may gain.
Results published by the Canadian General Freight Index (CGFI) indicate that the total cost of ground transportation for Canadian shippers increased by .575 percent in January when compared with December results.
Congress and the Administration do not understand the relationship between the U.S. merchant fleet, the military and trade. This lack of understanding has created haphazard policies that are gutting the fleet and inhibiting the private sector's ability to recapitalize our aging maritime industry. The time for action is now. Congress and the Administration are considering budget proposals that, if unopposed, would destroy the U.S. maritime industry and hand over our maritime supremacy to foreign carriers.
Lufthansa Cargo is reorganizing its charter business. As of April 1, the carrier's charter activities, previously overseen by the Lufthansa Cargo Charter Agency subsidiary, will be integrated into the line organization of Lufthansa Cargo.
It takes the giant Emma Maersk, which carries the equivalent of nearly 15,000 twenty-foot containers (TEUs), about three and a half miles to come to a dead stop. But there's no stopping the Triple-E, Maersk Line's even larger class of containership, from entering the liner trades over the next three years.
All eyes are watching the deteriorating political situation in Egypt. The recent civil riots in Port Said were, arguably, too close for comfort for those dependent on the Suez Canal. Although the arterial trade route is unlikely to close, the possibility cannot be ignored.