The North European containerport market bounced back strongly from the economic downturn. Total demand reached 57.9 million TEUs in 2011, representing an increase of 22 percent since 2009. The eastern Baltic is seeing particularly strong growth.
The results of a recent survey conducted by the ICC International Maritime Bureau (IMB) in conjunction with an international trade association have served to underline the challenges associated with thefts of recyclable metals from containers.
U.S. ports plan to spend more than $46bn over the next five years in anticipation of fierce global competition for exports and imports, a report by the American Association of Port Authorities shows.
Purfresh Inc., a developer of technology for maintaining the integrity of fresh product in transit, has joined with Hyundai Merchant Marine (HMM) to serve worldwide markets.
Total U.S. business logistics costs in 2011 rose to $1.28tr, a 6.6-percent increase from the previous year, accounting for 8.5 percent of the country's gross domestic product, according to the 23rd Annual State of Logistics Report, presented by the Council of Supply Chain Management Professionals and Penske Logistics.
In international trade news, import cargo volume at the nation's major retail container ports is expected to increase 4.8 percent in June compared with the same month last year, and year-over-year increases are expected to continue into the holiday season shipping cycle, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Inttra, provider of a shipper and carrier network for ocean transportation, has joined with SeaIntel Maritime Analysis, which offers insight into the container market, to improve ocean carrier schedule reliability.
Earlier in the month, Congress and President Obama reauthorized legislation surrounding the Export-Import Bank, ultimately extending its lending authority for another two years and increasing its credit limits.
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.
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.
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