The S.C. Ports Authority has spelled out how it will use on-terminal scales to help shippers comply with new SOLAS rules for declaring the accurate weight of containers to their ocean carrier.
Matt Cox, chief executive officer of the Jones Act ocean carrier, says he would not be surprised if industry losses in 2016 exceed $10 billion, but Matson, which operates primarily between the U.S. mainland, Hawaii and Alaska, has limited exposure.
Air cargo volumes have been hindered by sluggish global trade growth and the falling load factor is continuing to keep intense pressure on freight yields and revenues, according to the International Air Transport Association.
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The logistics services provider opened a new branch office in Miami, Fla. at the beginning of the month.
Absence of balanced SOLAS enforcement will lead to competition distortion and significant interruption to supply chains, European logistics organizations warn.
SSA Marine's Oakland International Container Terminal, which has operated nights and Saturdays for two months to ease pressure on busy weekday cargo operations, will stay open three nights a week in a during a four-week trial.