Drewry research conducted on behalf of software provider CargoSphere found that forwarders spend about $500 million a year on ocean freight rate acquisition and management.
American Shipper’s sister publication, the Adam Smith Project, wrote Monday about the dangers of recalibrating trade statistics to suit policy initiatives.
Chief Executive Officer Ted Fick resigned earlier this month amid a Washington State Auditor's Office investigation into an alleged $4.8 million in potentially illegal payouts to port employees.
Registration takes less than 1 minute.
The International Longshoremen’s Association is calling for a shutdown of ports along the Atlantic and Gulf Coasts, and a march in Washington.
The outbound cross-border eCommerce distribution center is scheduled to be built by April 2017 in Narita, Japan.
The Bonn, Germany-based parcel carrier and logistics provider posted a third quarter 2016 net profit of 618 million euros, a significant increase from just EUR 49 million in third quarter 2015, even as revenues slipped 3.9 percent to EUR 13.9 billion.