October saw an increase in container carriers' global on-time performance to 84 percent, which is a record high, according to the monthly Global Liner Report from SeaIntel Maritime Analysis. This was driven by improvements in 25 out of the 32 trades covered.
The 15 member lines of the Transpacific Stabilization Agreement (TSA), who until now have limited their rate and service discussions to eastbound container movements from Asia to the U.S., are seeking to expand the group's scope to include the westbound trade.
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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