Import volume at the nation's major retail container ports is expected to increase 6.1 percent in April, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Dubai World Central, the world's first purpose-built aerotropolis, has announced the opening of Phase II of Kuehne + Nagel's logistics centre at DWC's Logistics City.
The Port of Long Beach, Calif., will fund testing of a new air pollution-control technology for docked cargo ships, after an agreement approved by the Long Beach Board of Harbor Commissioners.
Import volume at the nation's major retail container ports is expected to drop 8.4 percent in February from the same time last year as the shipping cycle reaches its slowest month of the year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
The shipping industry is poised to emerge from its longest downturn in three decades, buoyed by an end to years of overcapacity that have depressed freight rates since the end of a shipping boom in 2008.
I was privileged to accompany the 2001 U.S. Logistics Leaders delegation to Cuba, and ended up being the expedition's recording secretary. The trip diary outlined our activities and contacts, and plunged into observations about supply chain and logistics conditions in the island nation, an inescapable force in the Caribbean Basin, a significant presence among islands it dwarfed, and with a population of some thirteen million. The trip record was published in The Journal of Business Logistics later that year.
NGO Shipbreaking Platform, a global coalition of organizations seeking to prevent dirty and dangerous shipbreaking practices worldwide, has published the complete list of ships that were dismantled around in the world in 2013. Of the 1213 large ocean-going vessels that were scrapped in 2013, 645 were sold to substandard beaching facilities in India, Pakistan and Bangladesh, says the group. Approximately 40 per cent of these ships were EU-owned.
United Arab Shipping Company (UASC) has exercised options for six additional 14,000-TEU vessels bringing the total order to 16 ships. The order has been placed with Hyundai Heavy Industries (HHI) in Korea and is the largest in UASC's history, worth over $2bn, including all options. The order features vessels that will be amongst the largest, most technologically advanced, and most environmentally friendly container vessels ever built.
U.S. vessel imports were up 3.7 percent from 2012, which totaled over 18.2 million TEUs (twenty-foot containers) brought into the United States last year. U.S. imports in 2013 started off at a slow start but ended with a surprising and unexpected surge from July through December. Annual TEUs haven't been this high since 2007, which is a good sign for a strong recession rebound in the U.S. trade industry. So far in 2014, the first three weeks of imports in January are already 5.2 percent higher than the same time last year.
INTTRA, the multi-carrier e-commerce network for ocean shipping, announced a strategic agreement with CSAV Group, one of the largest shipping companies in Latin America, to make INTTRA a preferred e-shipping platform for CSAV Group's customer base of shippers and freight forwarders.