Hapag-Lloyd, UASC merger completion postponed until May 31

The major shipping lines postponed the closing date as banking approvals likely delay the merger process further.

By Edwin Lopez • March 17, 2017

2M, Ocean Alliance members dismiss need for bankruptcy protection

THE Alliance will be the only network to provide failsafe funding in case of member bankruptcy.

By Edwin Lopez • March 17, 2017

Amazon offers air cargo service to Chinese customers

As Alibaba partners with shipping lines, Amazon extends its reach as a freight forwarder by air.

By Jennifer McKevitt • March 17, 2017

HMM seals the deal on 2M+H Strategic Cooperation

Hyundai Merchant Marine will boost its East-West trade by one service and call on five west coast ports starting in April.

By Edwin Lopez , Jennifer McKevitt • March 16, 2017

Freight railroads boost PTC implementation by 4% across the board

BNSF Railway continues to lead the pack while the remaining Class I carriers appear to prioritize upgrading control towers before tracks and locomotives.

By Jennifer McKevitt • March 16, 2017

Panama Canal to improve scheduling, efficiency with new platform

The Panama Canal Authority contracted Quintiq to avoid congestion in the face of expected increases in maritime traffic.

By Edwin Lopez , Jennifer McKevitt • March 16, 2017

Maersk harnesses the wind to power tankers

Greener is leaner, financially as the shipping company revisits wind power.

By Jennifer McKevitt • March 15, 2017

Automation and ports: An ongoing battle

The tension between the old world need for longshoremen and the arrival of automation technology is manifesting today.

By Jennifer McKevitt • March 14, 2017

Winter Storm Stella freezes Northeast logistics

As ports, roads and factories close due to snow, supply chain managers are reminded of the importance of planning and communication.

By Jennifer McKevitt • March 14, 2017

Preliminary plans for $1 trillion infrastructure agenda underway

As President Donald Trump begins to tackle the logistics of his massive plan, the Senate has started to work on funding details.

By Kim Slowey • March 10, 2017

THE Alliance creates safety net in case of bankruptcy

Beyond a new network announcement, the shipping lines will create a joint fund to ensure cargo is delivered to the destination in case of bankruptcy.

By Edwin Lopez • March 10, 2017

In bid to sweeten sales, Coke app accelerates distribution to small retailers

The beverage giant would allow mom-and-pop businesses to request soda from local distributors, which would then bid to quickly fulfill the order in an Uber-like model.  

By Christopher Doering • March 9, 2017

Report: Financial waters remain rough for maritime carriers

Carriers have stepped up scrapping, consolidation and innovation after a tough 2016, but Alix Partners suggests shippers beware as it may not be enough.

By Jennifer McKevitt • March 8, 2017

CSX appoints Harrison as CEO, marking the dawn of a new era

The new CEO seeks to adopt stricter timetables and lower costs for the East Coast railway, but may still resign if shareholders do not approve his compensation package.

By Edwin Lopez • March 7, 2017

Carriers prepare as port strikes in Spain threaten service

Nine days of union strikes will slow operations at Spain's Port of Algeciras, which is the port of call for seven services to the U.S.

By Jennifer McKevitt • March 6, 2017

Maersk, IBM partner to boost supply chain transparency with blockchain

The transaction-based shared network promises to save the industry billions, but history shows industry-wide digitization may be far slower than the companies suggest.

By Edwin Lopez , Jennifer McKevitt • March 6, 2017

Air cargo industry must relieve itself of paperwork burden

A 20-step process to book a shipment is unacceptable in 2017, according to a committee of shippers.

By Jennifer McKevitt • March 3, 2017

Drewry: Alliances do not choose terminals based on ownership

If this holds true, ports should have nothing to fear from a consolidated industry.

By Edwin Lopez , Jennifer McKevitt • March 1, 2017

ILA president calls off port shutdown, aims to meet with Congress first

Union leaders will seek to meet with legislative leaders for help in addressing the local chapters' concerns, nixing unilateral action as an option.

By Edwin Lopez , Jennifer McKevitt • Feb. 28, 2017

Shippers: ILA strike would cause undue harm to US economy

Anxiety reigns as shippers and others consider the repercussions of strike-induced port closures.

By Jennifer McKevitt • Feb. 27, 2017

Freightos unveils international freight price index, competing with SCFI

The cloud-based marketplace is providing shippers a free ocean shipping benchmark to bring greater transparency to the industry.

By Jennifer McKevitt • Feb. 27, 2017

ABX pilots receive compensation for overtime, but pilot shortage remains an issue

The pilots serving an Amazon and DHL logistics provider will receive compensatory days off. 

By Jennifer McKevitt • Feb. 27, 2017

Port authorities in GA, VA partner to bolster corridor's infrastructure

If approved, the East Coast Gateway Terminal Agreement would improve the Southeast region's competitiveness as the ports adapt to handle larger vessels.

By Jennifer McKevitt • Feb. 27, 2017

Hanjin creditors will recover little as carrier's assets yield low liquidation value

The shipping giant's wake of unhappy creditors will be vast.

By Jennifer McKevitt • Feb. 24, 2017

Forwarders spend 24.4M hours a year managing carrier rates

Drewry and CargoSphere partnered to quantify the value of cloud-based freight management technology based on labor costs.

By Edwin Lopez • Feb. 24, 2017