South Korea seeks to downsize Hanjin for cash

Stakeholders are looking to restructure Hanjin into a regional carrier and pay to release stranded cargo with cash as soon as possible.

By Geri Spieler • Sept. 20, 2016

FedEx ups rates by 3.9%, modifies fuel surcharge formula

The company's fuel surcharge will now change on a weekly basis to better adjust to shifts in spot prices for kerosene and diesel.

By Geri Spieler • Sept. 20, 2016

Why the Hanjin problem is a win for shippers

Shippers need to realize that when the dust settles rates may be higher and capacity more aligned with demand.

By Rich Weissman • Sept. 20, 2016

Shipper's struggle to stay afloat shows execs must assess risks now

Rickmers Maritime hopes to restructure debt and avoid liquidation as stakeholders tighten oversight following Hanjin's downfall.

By Rich Weissman • Sept. 19, 2016

Port of Savannah takes ambitious step in going after Midwest cargo trains

The Georgia Ports Authority is investing $128 million to serve markets as far as Chicago and dominate inbound shipping.

By Geri Spieler • Sept. 17, 2016

Fast & Furious: Truckers push back on regulations

Drivers' associations are intensifying their battle against federal safety rules requiring speed limiters and electronic logging devices.

By Edwin Lopez • Sept. 15, 2016

Hanjin liquidation likely as South Korea dismisses bailout

The South Korean President accused the company of complacency while Hanjin pledged to resolve the shipping crisis.

By Geri Spieler • Sept. 14, 2016

Slowed maritime trade forces shippers into more alliances, port deals

Decreased maritime freight volumes are placing a premium on contracts to secure long-term service.

By Geri Spieler • Sept. 13, 2016

Houston explores electric 'Freight Shuttle System' to reduce congestion

The system also aims to save money, improve delivery times and reduce emissions. 

By Geri Spieler • Sept. 13, 2016

Report: No impact on cargo ship imports despite Hanjin demise

U.S. cargo ships are actually strong this month in light of the bankruptcy.

By Geri Spieler • Sept. 13, 2016

Hanjin vessels begin unloading following bankruptcy rulings

Various rulings from courts in the U.S. and Korea provided Hanjin the solvency and protection to begin unloading stranded goods.

By Geri Spieler • Sept. 11, 2016

BNSF counters freight market slump with new services

The railway is marketing its "underutilized capacity" to agricultural exporters in need of quick transport during the fall harvest.

By Geri Spieler • Sept. 8, 2016

Customs provides hint of clarity as US awaits Hanjin bankruptcy decision

Confusion abounds over the legal processes required to import goods stranded, diverted or in transit on Hanjin ships.

By Geri Spieler • Sept. 8, 2016

Zika inspections will only apply to FL exports

China agreed to regionalize its requirement after review of data provided by the Center for Disease Control.

By Geri Spieler • Sept. 8, 2016

Rival shippers seek to fill capacity gap left by Hanjin

Maersk and MSC announced new Transpacific routes to help exporters ship goods post-Hanjin.

By Geri Spieler • Sept. 7, 2016

US bankruptcy court prevents Hanjin ship arrests

The goods aboard the ships may still not be released, however.

By Edwin Lopez , Geri Spieler • Sept. 7, 2016

Hanjin moves to save seized ships

South Korea will raise $90 million and file legal action in 10 countries to provide help to the beleaguered company.

By Geri Spieler • Sept. 6, 2016

Why logistics startups are a hot investment

Technological expertise and an eye for inefficiencies drive new companies from innovation to acquisition.

By Dinah Wisenberg Brin • Sept. 6, 2016

Hyundai Merchant Marine embarks on Hanjin rescue mission

Meanwhile, ports and competing shipping lines have tightened their restrictions for handling Hanjin cargo.

By Dinah Wisenberg Brin • Sept. 2, 2016

Cloud-based TMS vendors expand target market

On-premise systems are losing their appeal for small and medium enterprises.

By Dinah Wisenberg Brin • Sept. 1, 2016

Hanjin bankruptcy yields logistics disaster

Stranded containers, rising spot freight rates and contract challenges befell the supply chain this morning. 

By Dinah Wisenberg Brin • Sept. 1, 2016

West coast terminals table chassis fee

Yet the terminals affirmed their right to compensation since the machines occupy rentable space.

By Dinah Wisenberg Brin • Sept. 1, 2016

Freightos deal sets up largest freight forwarding marketplace

The company's Expedia-like system aims to digitize freight forwarding.

By Dinah Wisenberg Brin • Sept. 1, 2016

ELD rule could lead to 20% rate hike

The rule, coupled with a newly proposed speed-governor mandate, could induce a ground transport capacity crunch.

By Dinah Wisenberg Brin • Aug. 31, 2016

Value of NAFTA freight trade fell for 18th straight month

Air cargo transport is the exception, according to the most recent BTS release.

By Edwin Lopez • Aug. 30, 2016