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Third party logistics market is now dominated by around 50 companies in post-industrial countries, according to a new report from supply chain management market research and consulting firm Armstrong & Associates, Inc.
Armed pirates boarded a product tanker off Pulau Aur, Malaysia and took crew members hostage, according to the International Maritime Bureau (IMB)’s Piracy Reporting Centre.
Discussions in Brussels focused on the global trend towards increased ocean carrier cooperation and regulatory and policy issues related to ports.
Ocean carriers Hapag-Lloyd and Maersk announced plans for rate increases on August 1.
A spokesperson for the Port of Oakland said it will hire 500 additional workers to address a shortage in time for peak season in the fall.
Port Lafito offers upgraded facilities and capacity compared to Port-au-Prince.