China Daily reports that the value of trade in China's goods in 2013 is set to exceed that of the U.S., making the world's second-largest economy the world's top trader for the first time in the modern era.
Drewry Shipping Consultants Ltd. and the World Container Index have launched a series of demonstrations to educate the ocean-shipping community and share best practices in the use of Index-Linked Container Contracts (ILCCs).
Crowley Maritime Corporation's Caribbean logistics unit has recently been granted reclassification of its Puerto Rico warehousing and distribution center to Foreign Trade Zone (FTZ) status.
The U.S. Environmental Protection Agency is announcing the availability of $4m in grant funding to establish clean diesel projects aimed at reducing emissions from marine and inland water ports, many of which are in areas that face environmental justice challenges.
China is handing out new subsidies for buying ships to help its beleaguered shipbuilders, confounding a government pledge to reduce support for sectors with over-capacity in order to reform the economy.
Driven by rising domestic demand in China and by increased intra-Asian and so-called South-South trade, international seaborne trade performed relatively well in 2012, with volumes increasing by 4.3 percent, reaching 9.2 billion tons for the first time ever, according to the United Nations Conference on Trade and Development's Review of Maritime Transport 2013 reports.
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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