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The second quarter financial results of ocean carriers NYK, MOL and "K" Line reflected a weak Asia-Europe market and strong supply pressure.
A new whitepaper by American Shipper, in collaboration with the Virginia Maritime Association, tackles some of the thorny problems behind cargo delays at key U.S. ports.
The change to an appointment-based system for drayage drivers picking up or dropping off cargo at the ports will take effect immediately at five terminals (for imports initially) and five more will make the switch next year.
Federal Maritime Commission Chairman Mario Cordero applauded efforts to fight gate congestion at the Ports of Los Angeles and Long Beach, but wants terminals to amend their agreement with the FMC.
The ERP provider's $675 million acquisition of GT Nexus brought little overlap, common architecture, and access to deep networks of suppliers, an Infor executive tells American Shipper.
U.S. government data shows the value of imports and exports in the North American free trade zone fell, with vessels and pipelines bearing the brunt of the downturn.