Freight: Page 103
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Top execs step down at CSX, paving the way for Harrison's takeover
However, various reports suggest the former Canada Pacific exec's railroad turnaround strategies may not work well in the U.S.
By Jennifer McKevitt • Feb. 22, 2017 -
EU to vote on Maersk, Hamburg Sud deal by March 27
Antitrust concerns could force the shipping line to divest assets, but current market conditions suggest otherwise.
By Jennifer McKevitt • Feb. 22, 2017 -
Amazon lowers free two-day shipping minimum for non-Prime members
Earlier this month, Wal-Mart swept away its shipping membership and declared two-day fulfillment “table stakes.” Amazon has just anted up.
By Daphne Howland • Feb. 21, 2017 -
Deep Dive
Logistically Minded: Hanjin's last breath
Hanjin Shipping will be officially liquidated following a protracted period of shifts for the shipping sector, but doubts linger over the industry's health.
By Edwin Lopez • Feb. 17, 2017 -
Hyundai Merchant Marine sets up for a comeback
An influx of capital, new port terminals and increased market share help HMM build up in advance of the industry's April renetworking.
By Jennifer McKevitt • Feb. 16, 2017 -
CMA CGM's deal with Alibaba shows carriers' bids to capture small exporters
As the French shipping line signed an MOU with Alibaba OneTouch, Maersk was making further inroads with smaller Chinese exporters.
By Jennifer McKevitt • Feb. 16, 2017 -
Chinese shipyards languish as new vessel bubble bursts
When an industry falls, the ripple effects travel in all directions from the source. It's the shipyards' turn to suffer.
By Edwin Lopez , Jennifer McKevitt • Feb. 15, 2017 -
Deep Dive
The hidden supply chain behind Valentine's Day flowers
Flowers begin to die as soon as they start to bloom, so how do florists ensure their imported roses remain fresh to the point of delivery?
By Deborah Abrams Kaplan • Feb. 14, 2017 -
Driverless trucks: challenges and opportunities within the supply chain
Driverless vehicles will shift the job requirements for the trucking industry.
By Jennifer McKevitt • Feb. 14, 2017 -
Yang Ming suspends EDI scheduling, though new alliance not set until April
Yang Ming will join THE Alliance in April to compete with 2M and the Ocean Alliance.
By Jennifer McKevitt • Feb. 14, 2017 -
Maersk Group prepares for new seas in 2017, chairman resigns
Former SAP CEO Jim Hagemann Snabe will take over the board, hoping to usher in the company's digitization at the dawn of an industry shift.
By Jennifer McKevitt • Feb. 13, 2017 -
Yang Ming, HMM seek to bounce back amid age of high financial risk
As scrutiny on carriers' financial risk increases, Yang Ming Marine and Hyundai Merchant Marine announced improved credit situations to assuage concerns over the lines' solvency.
By Edwin Lopez • Feb. 10, 2017 -
Drewry begins evaluating the shipping industry's credit
The maritime sector relies heavily on debt capital for financing, so evaluating it may provide greater insights into carriers' financial risk.
By Edwin Lopez , Jennifer McKevitt • Feb. 8, 2017 -
Railroad industry to privately invest $22B in infrastructure upgrades in 2017
The figure is a drop in the bucket when considering the nation's infrastructure needs, based on recent figures.
By Edwin Lopez , Jennifer McKevitt • Feb. 7, 2017 -
Port of Mobile, Cuba deal highlights Southeast port competition
Soon after Florida Gov. Rick Snyder scuttled a deal for two Florida ports to trade with Cuba, Alabama's Port of Mobile stepped in to offer a similar deal.
By Jennifer McKevitt • Feb. 7, 2017 -
Alliances will not raise rates, per FMC Commissioner Dye
New alliances would in theory decrease rates, although the rise in mergers and alliances may offset the effects.
By Jennifer McKevitt • Feb. 6, 2017 -
The bell tolls for Hanjin
A South Korean court announced the end of receivership and the beginning of the post-Hanjin era.
By Jennifer McKevitt • Feb. 3, 2017 -
Report: Only 1 of the top 20 freight forwarders can provide instant, online quotes
At which point will neglecting digitization transform from an opportunity cost to loss of market share?
By Edwin Lopez , Jennifer McKevitt • Feb. 3, 2017 -
Deep Dive
Logistically Minded: 10 industrial markets built 63% of new mega-warehouses
The logistics boom is no accident: various reports show technology adoption, e-commerce sales and production are all on the rise in the U.S.
By Edwin Lopez • Feb. 3, 2017 -
Refrigerated shipments sail strong despite industry's stormy 2016
Shipments of fresh produce grew faster than other subsectors, despite low rates and overcapacity.
By Edwin Lopez • Feb. 1, 2017 -
As contract negotiations near, longshoremen raise concerns over automation
Port authorities find themselves stuck between a rock and a hard place with the need for automation on one hand, and looming contract negotiations on the other.
By Edwin Lopez , Jennifer McKevitt • Jan. 31, 2017 -
Former CP head in talks to take over CSX
Hunter Harrison has a legacy of improving railroad profits at Illinois Central, Canadian National Railway and most recently Canadian Pacific, according to various reports. Will CSX be next?
By Jennifer McKevitt • Jan. 31, 2017 -
International Airlines Group CEO bemoans inefficiencies in air freight industry
Digitization in the air cargo industry is urgent, as paper forms drive processing and pricing inefficiencies.
By Jennifer McKevitt • Jan. 30, 2017 -
Report: Ports, rail and waterway infrastructure of high priority to Trump administration
Documents obtained by McClatchyDC subsidiaries reveal the President sees 18 freight-related infrastructure projects as high priority for investment.
By Edwin Lopez , Jennifer McKevitt • Jan. 30, 2017 -
Wind powered vessels gain steam as sustainable, future option
Amid rising pressures to reduce greenhouse gas emissions, a new study will investigate the efficacy of powering ships with flettner rotor systems.
By Jennifer McKevitt • Jan. 30, 2017