Freight: Page 96
-
Cathay Pacific may acquire DHL's share of Air Hong Kong
Cathay's buyout of DHL's Air Hong Kong may provide regained balance in the competitive Chinese passenger plane market.
By Jennifer McKevitt • July 11, 2017 -
Industry Pulse: Air freight surges in May, but has growth reached its peak?
The IATA believes the shipper rush to restock inventory is over, yet continued ocean cargo disruptions may keep inflating demand.
By Edwin Lopez • July 10, 2017 -
Survey: Logistics professionals struggle to implement mobile technology
Adopting IoT technology can help a logistics company keep pace with the industry.
By Jennifer McKevitt • July 10, 2017 -
Japanese lines open ONE holding company, operating office
Despite various pending regulatory approvals, the Japanese lines are moving full speed with their plan to begin operations by April 2018.
By Jennifer McKevitt • July 10, 2017 -
Diesel fuel taxes rise in 6 states
Frustrated state lawmakers raise gas taxes to begin infrastructure repair, signaling the initiative may no longer be politically unpalatable.
By Jennifer McKevitt • July 10, 2017 -
COSCO buys OOCL for $6.3B
With OOCL's assets, the Chinese shipping line would become the third-largest global ocean carrier, overtaking CMA CGM.
By Edwin Lopez • July 9, 2017 -
BIMCO addresses cybersecurity issues with new guidelines
After the sweeping NotPetya attack, the maritime council is challenging companies to adhere to new cybersecurity guidelines to reduce risk.
By Jennifer McKevitt • July 7, 2017 -
Train length increases in effort to keep costs down, efficiency up
The rail industry — still recovering from a recession — seems to have taken a tip from ocean carriers in relying on larger trains for efficiency, but will this also lead to a decline in customer service?
By Edwin Lopez , Jennifer McKevitt • July 7, 2017 -
Japanese lines celebrate after EU approves joint venture
Despite a deferred decision from the U.S. and rejection from South Africa, K Line, NYK and MOL said they had received all approvals necessary to begin the joint venture.
By Edwin Lopez • July 5, 2017 -
Industry Pulse: Strong growth set to raise truckload prices in 2017
A rising tide lifts all boats. Or in this case, a strong economy is beginning to translate into higher truckload prices, according to data from Cass Information Systems.
By Edwin Lopez • July 5, 2017 -
Maersk's Nyetya recovery highlights impact of global cyberattacks
The global malware attack hit companies across sectors, hindering logistics companies just as much as chocolate factories. More than a week after Nyetya, organizations are still working to recover.
By Naomi Eide • July 5, 2017 -
Spain's port strikes end as parties reach new deal
A few details must still be resolved, but the dockworkers have called off all planned strikes as employers guaranteed 100% retention despite a 10% salary drop.
By Edwin Lopez • June 30, 2017 -
ONE explores appeal, trade lane exit after South Africa's rejection
The merging Japanese lines are exploring all options to secure their deal's success, showing how important consolidation is to the industry.
By Edwin Lopez , Jennifer McKevitt • June 29, 2017 -
Analyst tells ports to find more ways to offset costs of big ships
Many large container vessels recently joined the global shipping fleet, but because they're expensive, ports need to invest in other projects to offset costs.
By Jennifer McKevitt • June 29, 2017 -
Report: Global food supply chains depend on 14 freight bottlenecks
Ports on the U.S. Gulf Coast and the nation's rail and waterway networks were cited as vulnerable to disruption, alongside global "choke points."
By Jennifer McKevitt • June 28, 2017 -
Spain's port strikes begin to see light at the end of the tunnel
Dockworkers are expected to meet with ANESCO, the employers' association, this week to set off a new round of negotiations and potentially call off future strikes.
By Edwin Lopez • June 27, 2017 -
Maersk unveils cold chain visibility tool, targets pharma transport market
A growing consumer demand for cold chain products and shippers' need for supply chain visibility suggests the tool will have a ROI.
By Edwin Lopez , Jennifer McKevitt • June 27, 2017 -
Industry Pulse: Rail industry still toeing the line of an economic rebound
The rail industry, after enduring a severe trough, appears to be on a fickle path to recovery, as increased competition from other modes of transportation and new technologies may threaten recent gains in intermodal shipments.
By Edwin Lopez • June 26, 2017 -
Survey: Increase in shipping confidence suggests industry is on the upswing
As the shipping industry consolidates, prices rise and so does confidence in industry.
By Jennifer McKevitt • June 23, 2017 -
Antitrust concerns doom Japanese lines' merger in South Africa
It's the second large blow for the proposed Ocean Network Express, which is becoming a punching bag for regulators dissatisfied with the shipping industry.
By Edwin Lopez , Jennifer McKevitt • June 23, 2017 -
OOCL plays down COSCO takeover bid as rumors
The shipping line again denied any participation in M&A talks amid recent reports that a $4 billion deal will close soon.
By Edwin Lopez • June 22, 2017 -
COSCO in talks to acquire OOCL
The purchase would increase COSCO's market share to 11.6%, making it the third largest carrier ahead of CMA CGM.
By Jennifer McKevitt , Kate Patrick Macri • June 21, 2017 -
Drivers' strike in California raises questions of modern slavery
The Port of Los Angeles is seeing its fifteenth driver strike in four years as workers protest their status as contractors and forced debt.
By Edwin Lopez , Jennifer McKevitt • June 21, 2017 -
New Lake Michigan shipping route will connect Michigan to Wisconsin
The new maritime route is expected to eliminate at least a million trucks from the Borman Expressway each year.
By Jennifer McKevitt , Kate Patrick Macri • June 20, 2017 -
Europe to suffer continent-wide port strike in support of Spanish dockworkers
The International Dockworkers' Council called for all European workers to strike for two hours on June 29, after Spain's port employers refused to accept a new deal Friday.
By Edwin Lopez • June 19, 2017