The number of container ships afloat has decreased in the first half of 2014 and could fall on an annual basis this year, for the first time in at least 20 years. Although the total TEU nominal capacity of the global fleet continues to increase by about 6 percent a year, this growth in capacity now comes solely from the increase in average ship size, not from having more ships.
Ports America is purchasing a 30-percent stake in International Transportation Service Inc., a terminal operating division of Japan's Kawasaki Kisen Kaisha, Ltd. ("K" Line) in Long Beach, Calif.
Third-party logistics provider Landair has developed Guaranteed Value Acceleration (GVA), a new service feature designed to give supply-chain managers greater confidence that outsourcing to a 3PL yields measurable financial, operations or customer-service improvements.
Huhtamaki Inc., a producer of consumer-goods and food-service packaging, was looking to expand its international activities. Scott Stuckenschneider, vice president of North American supply chain, is joined by Sheila Hewitt, vice president international with Transplace, to discuss how the company formalized its global logistics program.
Reefer capacity on the containership fleet is expected to increase by 22 percent over the next five years, at the expense of a declining specialized reefer fleet, according to Drewry's latest Reefer Shipping Market Annual Review & Forecast.
Penske Logistics has joined CargoNet, a national database that aims to prevent cargo theft and improve recovery rates through the sharing of information among theft victims, their business partners and law-enforcement officials.
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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