Category: Industry News

During the past 5-6 years, we have seen the rise of Container Shipping Alliances taking over international transportation with merges, strategic alliances, and acquisitions.

The American Trucking Assoc.’s (ATA) annual report showed great promise for the trucking industry, with close to $100 billion in revenue in the past year.

Logistics continued its slowing growth trend in June 2019, according to the LMI, driven by moderating prices, lower demand & increased availability.

Containerized exports have decreased by 10% between January 1st and July 15th. Here’s what we expect for the rest of 2019 into 2020.

Maersk’s blockchain platform got off to a slow start, with only one other carrier on board when it launched until an addition of two more major operators.

Unusual congestion and extended wait times at the Port of Chittagong are currently putting undue...

Many truckers invested 2018’s profits into new supply and equipment, leading to an oversupply, and the industry has seen last year’s profits and gains from a tax cut going into new equipment instead of truckers’ pockets.

I-95 in Virginia has been experiencing serious congestion delays. According to a study, over 1,000 traffic jams were recorded over a two-month period.

For the last 15 years, both the U.S. (with lower prices for consumers) and China (with a higher level of employment and technology transfer) benefited from their relationship, even though it is arguable to say that China benefited more.

Over the next thirty years, the Port of New York and New Jersey anticipates a doubling in the volume of cargo. The estimated volume by 2050 at the Port of NY-NJ is expected to be at least 14.5 million and unloaded TEU.

Maersk is concentrating on combating overbookings in controversial ways. Yesterday, June...

Last Thursday, U.S. President Donald Trump announced that a tariff on Turkey’s steel exports to...