Canadian National will grow its capacity based on the assumption that China will remain the biggest sourcing country for North America while acknowledging the shift under way into Southeast Asia, India, and potentially Africa that could fuel cargo thro...
While the supply chain has mostly healed from COVID-19, the pandemic revealed the risk of relying too much on China for product sourcing, CMA CGM’s new US president told TPM23.
The container shipping industry needs to collaborate in finding alternatives to fossil fuels rather than each player following their own path, ONE CEO Jeremy Nixon told TPM23.
Flexport, the polarizing digital forwarder, will double down on technology development during a lull in global trade, new CEO Dave Clark said at TPM23.
The South Carolina Ports Authority will be able to launch its proprietary chassis pool as scheduled in March thanks to a last-minute agreement to secure 5,000 chassis from two major equipment providers.
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MSC’s chief executive told TPM23 that the company’s hefty orderbook signals to customers that the carrier remains chiefly committed to ocean shipping, rather than selling an integrated supply chain service.
If container lines don’t significantly blank capacity in March and April, spot rates on the eastbound trans-Pacific will fall further, according to the CEO of Sea-Intelligence Maritime Analysis.
If container lines don’t significantly blank capacity in March and April, spot rates on the eastbound trans-Pacific will fall further, according to the CEO of Sea-Intelligence Maritime Analysis.
US shippers are entering an era of greater risk in China trade, retired Gen. David Petraeus warned, but the two largest global economies will remain linked despite moves to source goods elsewhere.
The forecast for the US and global economies is brighter than a year ago, with reduced risk of recession, thanks in part to the “decongestion” of supply chains, economist Nariman Behravesh said at TPM23.
Hapag-Lloyd is the latest carrier to sign a supply deal with a major energy company aimed at locking in the volumes of alternative fuel required to drive new dual-fuel ships.
The Department of the Treasury's Office of Foreign Assets Control (OFAC) has issued a humanitarian assistance fact sheet, Supplemental Guidance for the Provision of Humanitarian Assistance. This 2023 fact sheet supplements OFAC’s 2014 Guidance Related...
The policy — known informally as the “no cherry picking” rule — prohibited trucking companies from coming into terminals with private chassis when there were no pool chassis available.
Retailers are discovering the importance of closely managing purchase orders as increasingly complex trans-Pacific supply chains spawned by the pandemic highlight the need for a heightened hands-on approach.
Fritz did not elaborate on what role the activist investor played in his decision to step aside, but the announcement came shortly after Soroban Capital wrote that “current [UP] management is not capable of driving a strong operating performance.”
Shippers are gaining better supply chain visibility, but now they must step up their game and better manage and integrate the data they are receiving from transportation providers, technology companies told TPMTech23.
Shippers are gaining better supply chain visibility, but now they must step up their game and better manage and integrate the data they are receiving from transportation providers, technology companies told TPMTech23.
Encouraging carriers in their somewhat tentative bid to raise rates from recent lows are India’s trade indicators, including the country’s role as a sourcing alternative to China.
Transportation providers of all sizes, from Maersk to Pitt Ohio, are searching for last-mile delivery options as customer and consumer demand evolves.
