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Businesses large and small and across many sectors share their views on the massive West Coast port cargo delays.
Maersk Line CEO Soren Skou told American Shipper container lines need to adapt to permanent overcapacity, and cited Maersk's network management as the primary driver of bumper profits in recent years.
More than 40% of retailers and manufacturers plan to shift volume to East Coast ports on a long-term basis as a result of chronic congestion on the West Coast, according to the findings of a new American Shipper research report.
The Hamburg-based logistics provider and terminal operator grew operating profits 10% on a 5.4% increase in revenue compared with 2013.
The integrated logistics provider saw increased revenues in both its Global Integrated Logistics and infrastructure business units.
Logistics real estate developer's white paper on facility obsolescence finds the bulk of warehouses and DCs are either obsolete or too far removed from population centers and transport infrastructure.