Freight: Page 102
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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 -
Logistics firms feeling acquisitive to expand global freight reach
Logistics companies are utilizing an acquisition strategy to ramp up quickly.
By Jennifer McKevitt • Feb. 23, 2017 -
ILA employers say strike would violate master contract
The contract includes a no strike clause, but the ILA may have found a loophole.
By Jennifer McKevitt • Feb. 23, 2017 -
UPS testing drones that launch from delivery vehicles on routes
The HorseFly octocopter can carry a 10 pound package, fly for 30 minutes and recharge its power supply while docked on the roof of a package delivery vehicle.
By Dan O'Shea • Feb. 22, 2017 -
ILA plans to shut down East Coast and Gulf Coast ports, march on Washington
Protesting job loss and port mismanagement, the longshoremen aim to strike in the next 30 days.
By Jennifer McKevitt • Feb. 22, 2017 -
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