3PL/4PL: Page 78

Overcapacity Drives Down Air Cargo Rates

International Air Transport Association (IATA)

Global trade volumes fell for the first time since 2009 by 1.7 percent between the final quarter of 2015 and the first quarter of 2016 and the International Air Transport Association has lowered its growth forecast for air freight demand in 2016.

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Russia's Putin Extends Ban On Western Food Imports Until End-2017

President Vladimir Putin has extended Russia's ban on imports of Western food until the end of 2017.

File image of Russian President Vladimir Putin.

Walmart Expands Free Two-Day Shipping To Battle Amazon

Wal-Mart Stores Inc. launched a free 30-day trial of ShippingPass, its two-day shipping program for shoppers in the United States, as the world's largest retailer looks to take on Amazon.com Inc.'s Prime subscription service.

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How Brexit Will Impact The Food Industry

With the Brexit vote expected to force the departure of the U.K. from the EU, it is unlikely that the other EU countries will offer the U.K. access to the EU single market.

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Buck-a-Mile Backhauls Live On

DAT Freight & Analytics

Companies that handle billions of dollars of cargo at West Coast seaports said they will hire far fewer workers this weekend, the latest escalation in a contract dispute with dockworkers that threatens to shut down a vital link in U.S.-Asia trade.

Ocean Ports & Carriers

Expanding Perishables Trade Generates New Transportation Options

SeaLand’s Atlantico service connects Mexico with Northeast U.S.

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Seafood Logistics

Demanding logistics requirements combined with difficult weather and environmental conditions make seafood logistics especially challenging.

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Keep the Lid on Warehouse Energy Costs

Enhancements bring more choices in managing one of the hardest-to-manage expenses

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Ocean Ports & Carriers

CMA CGM Releases Panama Canal Plan

This 77km-long canal is now a strategic route for global trade: five percent of all traffic passes through the canal (eight percent for the Suez Canal), representing 200 million tons of goods a year; on board more than 15,000 vessels.

French liner CMA CGM has hailed the inauguration of the widened Panama Canal, stating that the canal allows it to reconfigure its strategy and create a major transshipment hub in nearby Jamaica.

Ocean Ports & Carriers

Maersk Group Considers Splitting Into Different Companies

A.P. Moller- Maersk

Maersk is now battling on two fronts, with container shipping suffering from historic low freight rates and the oil business dealing with around a 60 percent fall in oil prices.

Danish shipping and oil group A. P. Moller-Maersk could split up into separate companies, its chairman said on Thursday after naming Soren Skou, the head of its container business, as chief executive.

Ocean Ports & Carriers

Hapag-Lloyd Teams with INTRRA on Complying with Container Weight Rule

The e-VGM service is available in two versions for carriers and shippers and provides the operational capabilities for digital submission, receipt, processing and auditing of SOLAS-compliant VGMs.

Hapag-Lloyd will connect with the INTTRA e-VGM Service for facilitating compliance with the International Maritime Organization’s container weight requirements.

Ocean Ports & Carriers

Panama Canal Expansion to Change Regional Shipping Networks

The Suez Canal may still have an advantage over the Panama Canal in terms of the time taken to transport cargo, especially with the recent news that it will be offering more competitive tolls for ships.

The opening of the expanded Panama Canal is likely to create a significant shift in regional shipping networks, particularly with regards to the size and frequency of ships coming into the US East and Gulf Coast ports.

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