The latest round of funding for freight forwarder Flexport shows early stage venture capital groups are nowhere near burned out on logistics technology startups.
The House of Representatives on Tuesday began debating the Water Resources Development Act, which would provide resources to the Army Corps of Engineers for waterway improvement projects.
New U.S. Customs regulations will make it easier to catch companies trying to avoid anti-dumping and countervailing duties.
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The ocean carrier’s revenue declined to $3.5 billion ($3.3 billion excluding the contribution from NOL) from the $4.1 billion in the second quarter of 2015 as the persistent pressure on freight rates drove down average revenue per TEU.
The Taiwanese ocean carriers have added new functions to their online systems in response to the unexpected service disruptions caused by Hanjin Shipping's insolvency.
The South Korean liner carrier is surely to blame for its own demise, but how much of its demise can be attributed to luck in an industry where most play follow the leader?