Import volume at the nation's major retail container ports is expected to increase 3.5 percent in May as negotiators prepare to begin talks on a new contract for West Coast dockworkers, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Traditional airfreight has become more difficult to sell. And that is hitting carriers' profits just as passengers are returning and they are laying on more flights.
The interests of the air cargo industry are getting short-changed in the UK, according to Chris Welsh, director of global and European policy at the Freight Transport Association.
For the first time since 2001, Moody's has assigned a rating of "stable" to the global ocean cargo industry, but notes that the condition of world shipping remains delicate and a "negative" rating could return.
The latest news, analysis, services and systems regarding global logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods faster and farther around the world than ever before through global logistics solutions. New technologies that provide information during 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 global logistics solutions to power their supply chains.
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