Freight: Page 104
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As Hanjin's vessel assets find a home, its terminal asset transfer is challenged
Ports and creditors are challenging Hanjin's terminal sales to MSC, while a successor line is born in Korea.
By Jennifer McKevitt • Jan. 10, 2017 -
International Longshoremen Assocation resistant to automation as contract negotiation commences
The union fears forced obsolescence of workers in increasingly automated container terminals.
By Jennifer McKevitt • Jan. 9, 2017 -
Deep Dive
Supply chains suffer as Mexico erupts in protests over gasoline price hike
Protesters in Mexico have been blocking roads, and even looting, for nearly a week, spurring millions of dollars in losses from shipment delays and their ripple effects.
By Edwin Lopez • Jan. 6, 2017 -
Trucking embraces tech to gain insurance breaks
To help mitigate insurance costs, truckers and trucking companies are utilizing smartphone cameras as dash cams.
By Jennifer McKevitt • Jan. 6, 2017 -
Alibaba customers can now reserve slots on Maersk
As Alibaba encroaches on Amazon's logistics advantage and Maersk ramps up its supply chain solutions service, small businesses hear the warning bells of supply chain consolidation.
By Edwin Lopez , Jennifer McKevitt • Jan. 5, 2017 -
Union Pacific expands cold chain assets with Railex buy
The railway seeks vertical integration to help weather weak markets.
By Jennifer McKevitt • Jan. 5, 2017 -
Dwell time reduction crucial to improving supply chain efficiency
While possible, comparing port efficiency statistics remains rote and inefficient.
By Jennifer McKevitt • Jan. 5, 2017 -
Korea Line forced to forego Hanjin route by parent company
Korea Lines' board members rejected the purchase of Hanjin's Pacific route, citing a lack of experience in the container shipping business.
By Jennifer McKevitt , Andy Burt • Jan. 4, 2017 -
Korean lines HMM, Heung-A Shipping, Sinokor Merchant Marine to form regional alliance
The HMM+K2 consortium applies to intra-Asia trade lanes, and could help HMM compete against "mega shippers" in the region.
By Edwin Lopez • Jan. 3, 2017 -
Miami port terminals reach 'cooperation and commonality' agreement, FMC approves
As the transport shipping industry faces consolidation and partnership, so do the ports that serve it.
By Jennifer McKevitt • Jan. 2, 2017 -
Report: Shipping lines scrapped 699,000 TEUs in 2016
The industry is hurriedly decreasing supply, as shipyards broke down 272% more in container capacity this year than in 2015.
By Edwin Lopez • Dec. 23, 2016 -
Pilot rate increase could risk Great Lakes carrier competitiveness
A third year of pilotage fee increases imposed by the Coast Guard may force shippers to find freight alternatives, Great Lakes carriers noted.
By Edwin Lopez • Dec. 23, 2016 -
Opinion
Hark! eManifest for Santa's Elves
Delivering toys to children around the world in one night is indeed a logistical challenge of mythical proportions—but it's less of a test for Santa than it is for his freight forwarders: the elves.
By Glenn Palanacki • Dec. 21, 2016 -
MSC buys out Hanjin's stake in Total Terminals International
The terminal operator runs Pier T at the Port of Long Beach and Terminal 46 at the Port of Seattle.
By Jennifer McKevitt • Dec. 21, 2016 -
Port consolidation speeds ahead to increase leverage against alliances
With shipping lines consolidating at a frenzied pace, port operators are concerned greater capacity will lead lines to abuse.
By Jennifer McKevitt • Dec. 21, 2016 -
Panama Canal usage steadily increasing since June expansion
The Panama Canal may soon be competing with the Suez, with massive implications for ports and shippers.
By Jennifer McKevitt • Dec. 20, 2016 -
Night hour inefficiencies spark tensions among Ports of LA, Long Beach stakeholders
Increased rates have not led to improved terminal operations, according to the truckers and beneficial cargo owners demanding increased port transparency.
By Jennifer McKevitt • Dec. 19, 2016 -
HMM drops bid for Port of Long Beach terminal
Poor credit ratings has left HMM hanging by a thread in an adverse, post-Hanjin world.
By Jennifer McKevitt • Dec. 16, 2016 -
Hanjin is better off liquidated, PwC tells Korean court
Even if Hanjin regained shippers' trust, it would be forced to begin again in an adverse market.
By Jennifer McKevitt • Dec. 16, 2016 -
Drewry: Despite overcapacity, freight rates will increase in 2017
Shippers on East-West routes suffered from the first contract rate rise in almost 2 years, potentially heralding a year of increased payments.
By Jennifer McKevitt • Dec. 15, 2016 -
A.P. Moller-Maersk eyes supply chain solutions future
CEO Soren Skou claimed the company's Transport & Logistics division is well-positioned to offer clients full supply chain services.
By Jennifer McKevitt • Dec. 15, 2016 -
THE Alliance wins FMC approval
The approval ensures 69% of the industry's capacity will be operated by an alliance-affiliated line come April.
By Edwin Lopez • Dec. 14, 2016 -
Will the shipping industry self-correct in 2017?
If 2016 was the year of deals for the industry, 2017 will be the year of indicators as we watch whether the lines begin to recover.
By Jennifer McKevitt • Dec. 14, 2016 -
HMM falls short of 2M Alliance, but negotiates slot exchange
The Korean line insisted the 2M+H Strategic Collaboration was a tempered down version of an alliance.
By Edwin Lopez , Jennifer McKevitt • Dec. 12, 2016 -
Freight tariffs too high? Tips for negotiating rail freight contracts
This is all about commitment, scale, and seeing where the money is spent.
By Rich Weissman • Dec. 9, 2016