The Panama Canal accounts for roughly five percent of world sea trade, and the expanded Panama Canal is estimated to generate a three percent increase in cargo volumes transiting the canal.
Following the announcement that the UK will be leaving the European Union, the trade association that represents UK freight forwarders says in the run-up to that exit it will campaign to ensure that the movement of the UK's visible import and export trade does not become unduly burdened by overly complicated trade procedures.
Danish shipping and oil group A.P. Moller-Maersk could be split up into separate companies, its chairman said on Thursday after naming Soren Skou, the head of its container business, as chief executive.
China's economy continues to make global headlines, with each uptick or downtick in GDP growth, industrial output, retail sales, or other measure pored over like tea leaves for what it portends.
In an attempt to attract more foreign funds to boost the nation's businesses, India's government this week relaxed the rules regulating the amount of foreign direct investment allowed across a wide spectrum of Indian business sectors, including the aviation industry.
To increase awareness and create ambassadors for manufacturing careers for women, APICS and the Manufacturing Institute have released LEAD: Becoming an Impactful Voice to the Next Generation of Talent.
Slowing growth in the size of the shipping fleet will reduce the shortage of officers over the coming years, according to the latest Manning report published by global shipping consultancy Drewry.
Despite the economic slowdown in the industrial sector over the past year, the incidence of actual and planned automation investment is very high in American manufacturing, according to a report from the MAPI Foundation.
Manufacturers are recruiting to attract skilled labor to a growing number of positions and to replenish a workforce from which baby boomers are retiring at a rapid pace. By 2025, there will be two million unfilled manufacturing jobs, according to a study by the Manufacturing Institute and Deloitte Consulting.