Overall confidence levels in the ocean shipping industry fell to a record low in the three months ending February 2016, according to a survey by shipping advisory firm Moore Stephens.
Tankers are currently the most profitable vessels in shipping with the cost to charter them remaining high by comparison with other ship types. These freight rates are expected to stay steady for the next 18 months despite a delivery boom of new tankers scheduled for late 2016, according to Devlin McStay, data analyst with IHS Maritime & Trade.
The Florida East Coast Railway (FECR) has introduced EZ Buy, an online price quotation and booking system for the purchase of door-to-door intermodal freight moving between Southeast U.S. markets and South Florida.
The electronic air waybill (eAWB) has arrived. But certain air freight forwarders and carriers are still holding on to the paper version for dear life.
Hermes, operator of a business-to-consumer (B2C) parcel shop network in Europe, has expanded its retail supply-chain digital services to the U.S. electronic-commerce market.
TRAC Intermodal has completed its acquisition of Interstar Fleet Services, a provider of emergency road service repair for the intermodal and commercial trucking industries.
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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