China's cabinet has approved the merger of its two biggest shipping conglomerates, China Ocean Shipping Company (COSCO) and China Shipping Group Company (parent of CSCL), in the government's latest effort to make the industry more competitive globally.
The number of vessels in the Great Lakes-Seaway system exceeds the five-year average as ships deliver much-needed supplies and make a final push to export grain before the St. Lawrence Seaway closes Dec. 30.
Retailers predict import volumes at the nation's major container ports will finish the year on a high note despite weak demand during this year's traditional peak shipping season.
Stakeholders at U.S. ports are spending $9bn a year to accommodate the next generation of super-sized container ships. But simply expanding physical infrastructure will not be enough to mitigate port congestion. With fewer vessels moving more containers per call, U.S. ports need to fundamentally change the way containers are moved in and out of terminals.
Retailers, manufacturers and farmers worldwide are protesting a new marine shipping safety rule they say will raise transport costs and cause delays at ports worldwide.
Challenge: One of the world's largest steel manufacturers seeks to improve the efficiency of its logistics function. The manufacturer faces two key challenges: 1.) An overall lack of efficiency of all outbound freight flows to worldwide destinations. 2.) A manual, resource-heavy process for managing all shipments, associated costs and billing activity from end to end.
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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