Global Logistics

Major Carriers Forecast Significant Growth in Holiday Shipping Volume

November 7, 2016

UPS, FedEx and the U.S. Postal Service are all projecting major growth in holiday shipping volume during the peak season, driven by the continued boom in ecommerce activity. UPS, for example, is projecting 700 million deliveries between Thanksgiving and the end of the year, a 14 percent increase over 2015.

CaroTrans Adds Direct Atlanta-Gothenburg Link

November 4, 2016

CaroTrans

CaroTrans, a global non-vessel operating common carrier (NVOCC) and ocean freight consolidator, has announced a new Northern Europe service connection with the addition of a direct Atlanta-Gothenburg LCL service. The service has a 21-day transit time, and a Gothenburg-to-Atlanta service will soon follow.

Clean Ships to Jump the Queue at Panama Canal, Officials Say

November 4, 2016

Maritime Executive

The Panama Canal Authority (ACP) has unveiled a new recognition program for clean operators that will help them to get ahead of the pack for transit bookings. The ACP calls the new system "environmental premium ranking."

Dachser Opens Three Southeast Asian Offices to Handle Logistics Demand

November 4, 2016

Air Cargo World

Citing a rising demand for logistics across the Southeast Asia region, Dachser USA Air & Sea Logistics has announced new offices in Vietnam, Hong Kong and India. Dachser USA, a U.S.-based subsidiary of Germany's Dachser SE, said the new locations have been set up in Hanoi, the New Territories of Hong Kong and Mumbai.

Container Shipping Market Is Unpredictable, But Prices Are Climbing, Xeneta Reports

November 3, 2016

Xeneta

An in-depth analysis of Q3 container shipping costs revealed positive trends for the container carrier segment, according to Xeneta, a market intelligence company for containerized ocean freight. However, the market remains unpredictable, with the 'Hanjin Effect' ebbing away, Xeneta says.

South Korean Government to Fund Shipbuilding

November 2, 2016

Maritime Executive

South Korea's finance minister has announced the government plans to support orders of 250 or more vessels by 2020 to help local shipbuilders. The government plans to establish a state-backed ship financing company with an initial capital of 1 trillion won ($871.73m) to help improve the financial health of Korean shipping companies.

Stifel Logistics Confidence Index Reaches 13 Consecutive Months of Negative Outlook

November 2, 2016

Transport Intelligence

The Stifel Logistics Confidence Index - which measure logistics industry outlook - remained below the neutral mark in October at 49.4, but once more noted a slight improvement against the previous month, according to global logistics researcher Transport Intelligence. In a sign that the bankruptcy of Hanjin Shipping has had little overall effect upon the container shipping industry, the October Sea Freight Confidence Index remained unchanged from September, at 49.0 points.

UPS 747-8F Order May Resuscitate Boeing's Program

November 2, 2016

Air Cargo World

Just when the industry thought the sun might be setting on Boeing's workhorse jet, the aviation giant announced a firm order for fourteen 747-8Fs, plus options for up to 14 more, from express giant UPS. The announcement is being seen as a possible game-changer for the jumbo freighter, which, until last week, had only had enough orders in the pipeline to continue production through 2019, according to estimates.

Jettainer, Lufthansa Developing 'Digital' Containers to Increase Transparency

November 1, 2016

Air Cargo World

Logistics company Jettainer and IT specialists at Lufthansa Industry Solutions are working to develop a digital container that can "measure temperature changes, shocks and other external factors independently and provide information about its state," according to the Lufthansa Group. Jettainer is a wholly owned subsidiary of Lufthansa Cargo AG.

Offshore Downturn Is Impacting Sea Time, Mariners Warn

November 1, 2016

Maritime Executive

The current downturn in the offshore industry has put offshore supply vessels into layup, operators into receivership and shipbuilders into a tailspin, industry professionals say. It has meant layoffs for thousands of mariners, but it's also having an impact on officers in a different way: a shortage of sea time.