Freight: Page 109
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Hanjin will sell vessels, US assets within the month
The announcement is part of South Korea's plan to transform the carrier into a regional shipping line.
By Jennifer McKevitt • Oct. 14, 2016 -
Floodwaters raise rates along critical I-95 corridor
Blocked roads from Savannah, GA to Richmond, VA are forcing heavy losses upon trucking companies.
By Jennifer McKevitt • Oct. 14, 2016 -
Mitsubishi shipbuilding subsidiary specializes as headwinds strengthen
Decreased demand and heavy losses forced Mitsubishi to turn away from building cargo ships.
By Jennifer McKevitt • Oct. 14, 2016 -
The FAA has charged Amazon over $800K in hazmat violations
In three years, Amazon has delivered eight improperly filed or packaged items to FedEx or UPS, at times causing personal damage.
By Jennifer McKevitt • Oct. 13, 2016 -
Ports urge passing infrastructure bill next month
The AAPA's requests to Congress were largely met, but the legislators will not reconvene to negotiate versions until after the presidential election.
By Jennifer McKevitt • Oct. 12, 2016 -
No more surprises: Shippers demand carrier transparency after Hanjin debacle
Hanjin's fall from grace left the industry in shock, making financial risk a key differentiator during shipper-carrier negotiations.
By Jennifer McKevitt • Oct. 11, 2016 -
Aviation industry adopts cap-and-trade at global meeting
The agreement will cost the industry up to $6.2 billion, but is not expected to curb its rapid growth.
By Jennifer McKevitt • Oct. 10, 2016 -
Hanjin container pile-ups may lead to price surges as ports mull next steps
Large-scale disruptions often have long side effects, but as peak season nears ports are desperate to find ways to clear left-over Hanjin containers.
By Jennifer McKevitt • Oct. 10, 2016 -
Struggling industry forces China's shipbuilders to consolidate
Beware the warning signs: shipbuilder consolidations signal the industry's turmoil is widespread and may still claim more victims.
By Jennifer McKevitt • Oct. 7, 2016 -
Hapag-Lloyd penalizes no-shows with surcharges in Asia
It's the second time in five years the company has attempted to introduce the surcharge, which aims to correct the industry's forecasting shortfalls.
By Jennifer McKevitt • Oct. 7, 2016 -
DSV CEO: Apps are no threat to freight forwarders
The chief executive of the world's fifth-largest freight forwarder provides an outlook for the sector in a recent Reuters interview.
By Jennifer McKevitt • Oct. 6, 2016 -
With sulfur cap pending, IMO releases emission reduction guidelines
Increased regulation means shippers may face increased pricing due to a sudden demand for clean energy.
By Edwin Lopez , Jennifer McKevitt • Oct. 5, 2016 -
Southern ports aim to revolutionize food supply chain
A USDA pilot program, post-panamax infrastructure upgrades and increased investments are converging to make this possible.
By Jennifer McKevitt • Oct. 5, 2016 -
Industry awaits Maersk's move regarding Hanjin
The shipping line intends to wait until beleaguered shippers come knocking for a buyout, sources told The Wall Street Journal.
By Edwin Lopez • Oct. 4, 2016 -
American Airlines seeks cold chain transport certification
Cold chain products' vulnerability to damage makes any official certification highly valuable for shippers.
By Jennifer McKevitt • Oct. 4, 2016 -
Maersk reefer upgrade signals cold chain arms race
Cold chain transport is expected to grow significantly through 2020, and shipping lines are bidding to be the carrier of choice.
By Edwin Lopez • Oct. 3, 2016 -
South Africa accuses 5 shipping lines of price fixing
The allegations reflect rising distrust of the shipping industry as global trade falls.
By Edwin Lopez • Sept. 30, 2016 -
West Coast dockworker talks to start years before deadline
Last year's cargo slowdown due to delayed contract negotiations has prompted the groups to begin the next round three years early.
By Edwin Lopez • Sept. 30, 2016 -
SOLAS compliance deadline adds strain on shippers
The enforcement grace period for verifying container gross mass ends Saturday, sparking compliance concerns.
By Rich Weissman • Sept. 29, 2016 -
DHL enters emergency shipment market with same day delivery
The new service targets high-value industries and offers full visibility during the express shipment.
By Edwin Lopez • Sept. 29, 2016 -
Customs expands expedited unloading program
The pilot program could reward long-term relationships with logistics providers.
By Geri Spieler • Sept. 29, 2016 -
AAR president challenges proposals for STB re-regulation
As the Surface Transportation Board seeks to update its methodologies to better spot unfair practices, rail carriers protest change.
By Geri Spieler • Sept. 28, 2016 -
Expansion-hungry Maersk sets sights on Hanjin assets
Meanwhile, a U.S. judge says Hanjin's restructuring plan is moving too quickly.
By Deborah Barrington • Sept. 26, 2016 -
Capital influx for Hanjin helps clear cargo
Cargo is beginning to be discharged at ports, but a new problem in the form of empty containers and storage fees arose last week.
By Geri Spieler • Sept. 23, 2016 -
Oakland port adopts night hours after trial shows smooth flow, lack of congestion
The global economy never closes. It looks like the ports are beginning to make that realization as well.
By Rich Weissman • Sept. 22, 2016