Filed in Ocean Freight
Tuesday, February 17, 2015
Speculation first reported in Logistics Management that APL Logistics was up for sale has been confirmed. In a statement issued yesterday, Neptune Orient Lines (NOL) indicated it is spinning off the third-party arm for $1.2 billion to Japan’s Kintetsu World Express (KWE).
Posted on 02/17 at 06:24 AM
Ocean Freight •
Monday, February 09, 2015
Cargo demand for Asian containerized imports has remained strong through the typically slower winter season and heading into the Lunar New Year holidays, according to container line data collected by the Transpacific Stabilization Agreement
Thursday, January 01, 2015
The global economic recovery moves sluggishly forward, while the domestic picture has brightened considerably. Our leading market analysts explain how shippers should ready themselves for sustainable demand and plan for incremental rate hikes.
Monday, December 01, 2014
Recent US West Coast port congestion issues have temporarily reversed the long-term modal shift from air to ocean as shippers seek alternative ways to make sure their goods hit the stores in time for the US holiday season, note analysts at Drewry Supply Chain Advisors in London.
Thursday, October 09, 2014
The Ports of Long Beach and Los Angeles continue to cope with Peak Season congestion, but operations are still sluggish
Wednesday, October 08, 2014
U.S. shippers looking for container space for outbound commodities will soon face higher rate structures.
Wednesday, October 01, 2014
Three years ago, Candace Holowicki, the company’s director of global transportation and logistics, joined its Global Services Organization and helped to level functional silos and bring together procurement, logistics, operations, and continuous improvement areas—a move that now saves millions annually.
Maersk caused a stir last summer by raising its full-year profit forecast for 2014 due to higher freight volumes and lower costs. Industry analysts wonder, however, if many of the other Top 30 carriers will exercise the same discipline to achieve similar goals.
Thursday, September 18, 2014
A recent hearing of the Subcommittee on Coast Guard and Maritime Transportation suggests that the U.S. Merchant Marine industry may be poised for a major comeback.
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Wednesday, August 27, 2014
More talking remains before the deal is done