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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.
Additional workers will be used to run second yard shifts, execute rail movements, and bolster equipment operations, according to a statement from the New York Shipping Association.
Transportation and port companies need to cooperate more, members of the Agriculture Transportation Coalition said at their annual meeting in San Francisco.
Canadian National, Canadian Pacific and Union Pacific railways have seen volumes drop 4 percent, 3 percent and 6 percent, respectively, so far in the second quarter.
The ever-increasing size of containerships has led a decrease in average number of containers moved per hour in port and, in turn, to increased vessel delays, according to a new JOC Port Productivity study from IHS Inc.