Filed in Global Logistics
Tuesday, July 19, 2011
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.
Monday, July 18, 2011
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.
Compared to a year ago, volumes are down overall at both ports.
Friday, July 15, 2011
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.
Tuesday, July 12, 2011
The container shipping industry is not the only segment of ocean carriage under severe pressure, said Moody's Investors Service
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.
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.
Monday, July 11, 2011
When the National Industrial Transportation League’s ocean transportation committee meets next month in Louisville, Kentucky, the agenda will be rich indeed.
Friday, July 08, 2011
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.
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Thursday, July 07, 2011
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