The latest news and insight revolving around global trade, logistics services, evolving customs and regulations, supply chain security, and the technology necessary to speed freight through the global supply chain.

FedEx Trade Networks rolls out new ocean freight forwarding services

Posted 07/19 · 02:21 PM · LM Editorial
FedEx subsidiary FedEx Trade Networks, the company’s global trade arm, is taking steps to augment its ocean freight forwarding services in the form of a new Ocean Choices portfolio the company introduced today.
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Ocean Cargo: Containers and other equipment may be in short supply

Posted 07/18 · 04:38 PM · LM Editorial
After the critical shortages of containers of last year, production has picked up again, but high container prices and a tight ratio of containers to vessel slots will continue to constrain the availability of boxes

3PL news: CEVA launches Supplier Awards program

Posted 07/18 · 11:24 AM · LM Editorial
Global supply chain and logistics services provider CEVA Logistics recently held its first global Supplier Awards ceremony. CEVA said these awards were launched as “part of its relentless quest for excellence” and are designed to recognize “impeccable execution, commitment, and strategic alignment among” its supplier base. LM Group News Editor Jeff Berman interviewed CEVA CEO John Pattullo about these awards and current trends and issues in the global 3PL market.

Ocean shipping: Ports of Los Angeles and Long Beach volumes are mixed

Posted 07/18 · 08:34 AM · LM Editorial
Compared to a year ago, volumes are down overall at both ports.

Gartner says worldwide SaaS revenue Is forecast to grow 21 percent in 2011

Posted 07/17 · 04:45 PM · LM Editorial
The SaaS-based delivery will experience healthy growth through 2015, when worldwide revenue is projected to reach $21.3 billion

Seaports: U.S. ocean cargo gateways must be upgraded

Posted 07/17 · 04:38 PM · LM Editorial
The American Association of Port Authorities recently commended the U.S. House Transportation and Infrastructure Committee and its chairman, Cong. John Mica (R-Fla.), for rolling out a comprehensive, multi-year transportation reauthoriztion proposal that is focused on improving our nation’s transportation infrastructure and, for the first time, includes a maritime title.

Panjiva data shows slight decline in U.S.-bound shipments

Posted 07/15 · 10:02 AM · LM Editorial
Coming off of April and May which saw 7 and 8 percent gains, respectively, in the number of waterborne shipments heading to the U.S., June saw a 1 percent decline from May to June at 1,030,363, according to Panjiva. On an annual basis, June shipments were down 4 percent compared to June 2010’s 1,076,015 shipments.

Ocean Cargo: Moody’s downgrades container shipping forecast

Posted 07/12 · 06:13 PM · LM Editorial
The container shipping industry is not the only segment of ocean carriage under severe pressure, said Moody's Investors Service

Global Logistics: California remains in lead of high-value export growth trend

Posted 07/12 · 04:14 PM · LM Editorial
Amid gathering fears that America's economic recovery may be sputtering, California exporters posted their 19th consecutive month of healthy year-over gains in May.

Port Tracker report calls for flat summer growth followed by upturn in the fall

Posted 07/12 · 11:30 AM · LM Editorial
Import cargo volumes at major United States-based container ports are expected to remain at the same levels they were at a year ago this summer, with subsequent increases in the fall, according to the monthly Port Tracker report by the National Retail Federation (NRF) and Hackett Associates.

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