Archives



Logistics

Long Beach Commission Elects Colonna President

Long Beach Harbor Commission Vice President Frank Colonna was elected president of the five-person board that oversees the Port of Long Beach. The board also selected Steven Neal as vice president and Sharon L. Weissman as secretary. Commissioners on every July select a president and two board members to serve one-year terms. Every July, commissioners select a president and two board officers to serve one-year terms. The new officers began their terms ... [+]

July Imports Surge to 2.62M TEUs, Descartes

Descartes’ August Global Shipping Report reported that July imports, at 2.62 million twenty-foot equivalent units, surged 18 percent over June and 2.6 percent higher year-over-year The import total, according to Descartes Datamyne, its global trade intelligence platform, was just 555 TEUs from the monthly record. Imports from ... [+]

CH Robinson Market Report Becomes Edge Report

C.H. Robinson said it has relaunched its Freight Market Update as the C.H Robinson Edge Report, aimed at giving companies and decision-makers an edge in a fast-changing world economy where supply chains can make or break business success. The Eden Prairie, Minnesota-based company called the monthly ... [+]

Container Rates Decline Continues, Drewry

Drewry's World Container Index, or WCI, decreased 4 percent to US$2,250 per 40-foot container the week of Aug. 31. It was the 10th consecutive weekly decline and continued to stabilize after a volatile period. The unpredictability began, Drewry said, after U.S. tariffs were announced in April, ... [+]

Thyssenkrupp Halts Green Hydrogen Projects

Thyssenkrupp Nucera said its U.S. projects unit is abandoning those projected seen as no longer feasible due to tax and spending changes initiated by U.S. President Donald Trump. Global demand for green hydrogen had stalled amid concern among clean-tech players over what Trump's policies would ... [+]

Brazil Brewer Uses Descartes Routing Solution

Descartes Systems Group, a provider of on-demand, software-as-a-service logistics solutions, said Brazil’s Grupo Petrópolis is using its routing and fleet management solution to enhance its nationwide beverage distribution operations using about 2,900 vehicles. The Descartes solution helped beermaker Grupo Petrópolis achieve a 98 percent on-time delivery ... [+]

Demand Surges for CH Robinson’s ACE Import Tool

Global logistics service provider C.H. Robinson reported a surge in demand for its ACE Import Intelligence tool, a proprietary self-serve compliance platform that gives importers greater visibility and control over their customs data. Originally developed three years ago with foresight into evolving trade conditions, the Automated ... [+]

Louisiana Ports to Collaborate on Strategy

The five deepwater Louisiana ports of Lower Mississippi River, or LMR, have entered into an agreement to develop a collaborative marketing strategy. The Port of Greater Baton Rouge, Port of South Louisiana, Port of New Orleans, St. Bernard Port, Harbor and Terminal District, and Louisiana Gateway ... [+]

Hapag-Lloyd Sees 1H Growth in Volatile Market

At its midway point in is financial year, shipping line Hapag-Lloyd saw significantly increased transport in a volatile shipping market characterized by chaotic implementation of tariffs. Germany-based Hapag-Lloyd concluded its first half with group EBITDA of US$1.9 billion, up 11.3 percent from the first half of ... [+]

GE Appliances to Invest $3B in US Operations

Haier-owned GE Appliances said Aug. 13 that it plans to invest more than US$3 billion over five years in its U.S. operations and workforce following the Trump administration's tariff policies aimed at boosting domestic manufacturing, Reuters reported. GE Appliances said the investment is aimed at expanding ... [+]

More »