CaroTrans, a global non-vessel operating common carrier and ocean freight consolidator, has added a second direct, weekly less-than-containerload (LCL) service between Milan and New York.
uShip, an online shipping marketplace and freight-automation software vendor, is partnering with logistics services provider DB Schenker to launch an online trucking platform later this year.
Echoing the mid-year reports from several other aviation groups, Airports Council International (ACI) said air cargo tonnage was flat for the first five months of 2016, rising just 0.6 percent in May, year-over-year, and 0.2 percent, y-o-y, over the period of January to May 2015. Passenger traffic, however, was a different story, increasing by 4.6 percent, y-o-y in May.
Forget playing the blame game, the fraught implementation of container weighing rules came down to the fact that the container shipping industry has no single trusted information source.
As the thaw continues between the United States and Cuba, the U.S. Department of Transportation has granted FedEx the rights to operate a five-times-weekly freighter service between Miami and the city of Matanzas.
With more than 100,000 freight carriers operating in North America, sophisticated shippers long ago realized the only way to successfully and efficiently procure transportation was by hosting regular bidding events.
For those in dry bulk shipping, the market since the beginning of 2014 has been the worst downturn since the mid-eighties. Access to finance and liquidity will likely continue to be a pressing corporate issue for ship owners until the markets recover, and the longer this takes the worse the situation will get.