On a hot day in June, the Hermann Hesse slipped into New York Harbor and headed for the Red Hook Container Terminal in Brooklyn. The 550-foot container ship, flying the Liberian flag, had come some 3,000 miles from Ecuador. It had gone through the Panama Canal, picked up cargo in the Caribbean and weathered a few squalls.
Dubai's new freight hub is now handling about a third of the emirate's air freight, as both regional airports posted middling first half numbers, reflecting a regional downturn.
Customs checks at the border after the U.K. leaves the European Union could cost 1bn pounds ($1.3bn) a year and cause delays for goods being shipped in both directions, according to a report by Oxera, an economic consultancy.
The G20's Global Infrastructure Hub and Oxford Economics have released a report that finds that the world will need nearly $100tr in infrastructure investment by 2040. This equates to nearly $4tr every year - about the same amount as the GDP of Germany.
More than a million tons of commodities normally pass through the lock on the Monongahela River in Charleroi, Pennsylvania, every month. But on a recent day, the giant steel gates that hold back the river didn't budge.
For days, global shipping was still feeling the effects of a cyber attack that recently hit A.P. Moller-Maersk - showing the scale of the damage a computer virus can unleash on the technology dependent and interconnected industry.
International trade routes are increasingly reliant on a small number of key ports, straits and roads that if disrupted will threaten global food supply, according to a report.
India's greatest tax reform - replacing an array of provincial duties with a nationwide goods and services tax - is transforming the logistics industry in a country where moving stuff around is notoriously difficult to do, executives say.
The latest news, analysis, services and systems regarding global seaports and airports and their impact on global supply chains. Today’s companies are transporting and delivering goods to more international customers than ever before through global ports and free and foreign trade zones. As infrastructure around these global gateways continues to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving supply chain operations through their strategic use of global seaports and airports.
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