Prices for new dry freight containers declined to their lowest point since 2002 during first-quarter 2016 and are still going down, according to the latest edition of the Container Equipment Insight, published by global shipping consultancy Drewry.
Import cargo volume at the nation's major retail container ports is expected to be at some of its highest levels ever during the next few months despite a fall-off from last year's record-setting numbers, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
America will fall $1.44tr short of what it needs to spend on infrastructure through the next decade, a gap that could strip 2.5 million jobs and $4tr of gross domestic product from the economy, a report from a society of professional engineers said on Tuesday.
Dematic, a supplier of automated technology, software and services for material handling, has released version 2.1 of Dematic iQ, the vendor's real-time software automation platform for grocery retailers.
Disagreement among nations means no carbon emissions targets have been set for international shipping, but voices from within the industry are calling for global curbs to be set soon, before countries or regional blocs take matters into their own hands.
Newbuilding orders of tanker ships have seen a sharp reduction, but the slowing trend needs to be sustained for the longer-term health of the market, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry.
The latest news, analysis, services and systems regarding logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through logistics solutions. New technologies that provide information during local and global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics and cargo solutions to power their supply chains.
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