As Panama continues to grow and invest in infrastructure, RILA is keeping a sharp eye on the new opportunities emerging for retailers. According to a recent RILA member survey, 59 percent of retailers reported that their supply chains include distribution to and from Latin America, and 58 percent consider entering or expanding Latin American operations in the next five years.
time:matters, a logistics service provider specializing in expedited shipments, has launched a Europe-wide Harvest Season Weekend Service for agricultural shippers.
Low-cost apparel retailer Primark wasn't content with just a tool for capturing ocean transportation bids. It needed a reliable way to commit weekly business to select carriers so they would be available when it needed them prior to the peak holiday shopping season.
The Caribbean logistics unit of Crowley Maritime Corp. has nearly doubled the size of its distribution center in Puerto Rico, with acquisition of a second warehouse next to its existing 70,000 square-foot facility distribution center in Guaynabo.
Lines could see the freight rate gains of this year on major trades wiped out in the fourth quarter when more vessels enter the market and volumes contract post-peak season, according to a third-partly logistics executive.
While rail lines and highways proliferate across most of Canada and the U.S., much freight moves by water within the North American continent. Such maritime operations prevail on the Great Lakes, along the St. Lawrence Seaway and along the Mississippi River. New developments in hydroelectric power, barge-train technology, articulated ship technology and the mining industries could create a basis to develop a future barge canal that would connect parts of Western Canada to Hudson Bay and to the Beaufort Sea.
In the strongest terms possible, defense and diplomatic leaders have urged the U.S. Senate to ratify the Law of the Sea Convention. Defense Secretary Leon E. Panetta along with Army Gen. Martin E. Dempsey, the chairman of the Joint Chiefs of Staff, joined Secretary of State Hillary Rodham Clinton in testimony before the Senate Foreign Relations Committee. All three urged the committee to approve the treaty.
U.S. TRANSCOM Commanding General William Fraser III said maintaining a strong domestic maritime industry is critical to the defending the homeland, describing the sector as the "fourth arm of defense." The Air Force General's remarks came at a National Maritime Day celebration at the Washington Navy Yard.
The latest news, analysis, services and systems regarding ocean transportation and its impact on global supply chains. Today’s companies are transporting and delivering container shipments in a more efficient manner than ever before using new services and technologies that provide information en route - allowing them to stay ahead of the competition in their industries. As ocean cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using ocean shipping solutions to power their supply chains.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.