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.

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.

Ocean Cargo: NITL committee meeting to examine state of the industry

Posted 07/11 · 07:36 PM · LM Editorial
When the National Industrial Transportation League’s ocean transportation committee meets next month in Louisville, Kentucky, the agenda will be rich indeed.

For every billion dollars of exports, over 5,000 jobs are supported

Posted 07/11 · 05:29 PM · SCMR Editorial
U.S. exports supported an estimated 9.2 million jobs in 2010, up from 8.7 million in 2009, according to a report issued today by the Department of Commerce’s International Trade Administration.

Global logistics: DHL expands LCL service offerings

Posted 07/08 · 09:35 AM · LM Editorial
Global express delivery and logistics services provider DHL continues to make inroads with its LCL (less-than-container-load) service, announcing two new recent additions.

Ocean Cargo: Weak rate structure for carriers to persist, say analysts

Posted 07/07 · 05:27 PM · LM Editorial
Analysts add that even the realization of a decent peak season demand surge this summer will not provide enough momentum to lift severely eroded freight rates in the key east-west trades

NAFTA: A deal’s a deal

Posted 07/07 · 03:17 PM · LM Editorial
News that the U.S. and Mexican governments have finally inked a Memorandum of Understanding on a new cross-border trucking program will be good for American shippers and, more importantly, save American honor on a promise made and kept.
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Logistics Management: Shippers will invest in “mission critical” options

Posted 07/06 · 07:21 PM · LM Editorial
Saia Inc. found that shippers responding to its “National Trends in Small to Medium-sized Businesses” had a variety of concerns. But chief among them is having a “Plan B.”

Global logistics: Crowley acquires Puerto Rico Freight Systems

Posted 07/05 · 10:10 AM · LM Editorial
Crowley Maritime Corporation, a provider of ocean cargo transportation services, recently announced it has acquired the business and assets of Puerto Rico Freight Systems (PRFS), a provider of freight consolidation and less-than-container load (LCL) transportation services in the Caribbean.

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