Leading transport and logistics insurer TT Club says analysis of 9,500 claims over the past seven years, valued at $ 400m, confirmed an ongoing trend in avoidable damaging events that resulted in claims.
The U.S. Supreme Court last month drove two more nails into the coffin of port efforts to impose local rules on drayage operators, in violation of interstate commerce law. The court ruled unanimously that the Port of Los Angeles could not require drayage companies to display placards on their trucks that included a phone number for reporting concerns about their operations. It also could not mandate the development of off-street parking plans for harbor vehicles.
From the ground, Colombo's port does not look like much. But viewed from high up in one of the growing number of skyscrapers in Sri Lanka's capital, it is clear that something extraordinary is happening: China is creating a shipping hub just 200 miles from India's southern tip.
The complexities of managing global trade are many, which may be why a lot of companies overlook savings available in Free Trade Agreements. Scott Byrnes explains how to leverage FTAs and discusses other strategies to optimize global trade.
Import volume at the nation's major retail container ports is expected to increase 1.1 percent in June over the same month last year, reflecting modest growth expectations as retailers head toward the back-to-school and holiday seasons, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
Antwerp, Rotterdam and Dusseldorf are the best logistics hubs in Europe, according to a report from Colliers International, global real estate advisers. Kiev, Istanbul and Bratislava were the top three ideal locations for cost-driven manufacturing activities, according to the report entitled Logistics Cities.
As another "extremely active" hurricane season kicks off the U.S. national ports system is better able to cope with weather-related disruptions thanks to an online application called Port Mapper.
The latest news, analysis, services and systems regarding global seaports and airports and their impact on global supply chains. Today’s companies are transporting and delivering goods to more international customers than ever before through global ports and free and foreign trade zones. As infrastructure around these global gateways continues to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving supply chain operations through their strategic use of global seaports and airports.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.