Tradeshift, provider of a supplier-collaboration platform, has entered into a global partnership with C2FO, a market for the acquisition of working capital.
In recent years there has been a slimming down, as it were, regarding freighters – a turning away from the jumbo 747s and 777s and toward the squat 737s and svelte 757s. The e-commerce revolution, especially in Asia, requires smaller freighters to make more frequent stops. But because there are no current programs to build narrowbody freighters from the factory, customers must rely on companies providing passenger-to-freighter conversions.
Import cargo volume at the nation's major retail container ports is expected to increase 7.3 percent this month over the same time last year as retailers stock up for the busy back-to-school season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
A toxic mixture of overcapacity, weak demand and aggressive commercial pricing is threatening liner shipping industry profitability for the rest of 2015, according to the Container Forecaster report published by global shipping consultancy Drewry.
As we enter the second half of the year, performance figures for May from the industry's leading research firms are painting a rather dismal airfreight picture for the rest of 2015.
Low material costs and stable demand have driven the price of new container equipment down to record lows where it is forecast to stay, according to the latest edition of the Container Census report published by global shipping consultancy Drewry.