Global Logistics

Rising global container port demand and ever larger vessels are driving terminal operators to make significant investments in additional capacity, according to the Global Container Terminal Operators Annual Report 2015 published by global shipping consultancy Drewry.

Kuehne & Nagel Wraps Up Acquisition of ReTrans

August 25, 2015

Kuehne & Nagel Group

The Kuehne & Nagel Group has completed its acquisition of 100 percent of the shares of ReTrans Inc., a U.S.-based provider of multimodal transportation services.

On-time Performance of Container Lines Drops in Three East-West Trades

August 24, 2015

Drewry

Breaking a run of six consecutive months of improvement, container service reliability across the three main East-West trades declined in July, falling by 4.0 percentage points from June to 73.3 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.

Port Logistics Group Opens Operations in Savannah

August 24, 2015

Port Logistics Group

Port Logistics Group, a provider of gateway logistics services, has opened operations in Savannah, Ga.

Freight Rates in Ocean Transport of Liquefied Natural Gas Come Under Pressure

August 21, 2015

Drewry

LNG carrier freight rates have come under severe pressure due to rising fleet supply and stabilising LNG demand, as Japan prepares to restart its nuclear power plants. Despite the general market belief that new LNG supply from Australian projects will provide ample employment to the growing fleet, there are immediate challenges on freight rates. This is due to 49 million tonnes per annum (mtpa) of Australian LNG cargo supply expected to hit the market over the next two years, according to the newly launched LNG Forecaster report published by global shipping consultancy Drewry.

Over Next Two Years, Growth in Crude Oil Tanker Capacity to Affect Rates

August 20, 2015

Drewry

A surge in crude tanker vessel capacity over the next two years will lead to a fall in ship-owner earnings from current highs, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry.

Global Logistics

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.