Executive Moves: ZIM, Schneider Packaging, A.N. Deringer and COA

Source: Pressmaster/Shutterstock ZIM appoints chief digital officer; Schneider Packaging names executive vice president; A.N. Deringer selects director of consulting and a new senior trade advisor; and the Container Owners Association names board member.    Israeli ocean carrier ZIM has appointed Liav Geffen to serve as chief digital officer. Geffen has served as vice president of […]

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Maersk, IBM to get underway on blockchain joint venture

   Danish shipping giant A.P. Moller-Maersk and IBM have announced a blockchain joint venture for secure trade in the shipping sector.    The venture will offer a jointly developed global trade digitization platform built on open standards and designed for shippers. “It will address the need to provide more transparency and simplicity in the movement […]

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Panjiva says U.S.-bound waterborne shipments see gains in December and for 2017

Data recently issued by global trade intelligence firm Panjiva highlighted a strong December and full-year 2017, over all, for United States-bound waterborne shipments. December shipments––at 965,917––were up 3.8% annually and down 2.0 percent compared to November’s 979,797. The busiest month of 2017 was August, which came in at 1,068,521 for an all-time record. December also […]

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BTS reports a new record reading for Freight TSI

By LM Staff · January 12, 2018 The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) increased in November for the second month in a row, following two months of sequential declines. According to BTS officials, the Freight TSI measures the month-to-month changes in freight […]

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2018 Rate Outlook: Economic Expansion, Pushing

The best global growth rate in seven years—3.2% in 2017—is based on firm foundations, contend leading economists. They add that, barring a significant shock, this current expansion has plenty of “staying power” and should continue to push rates up and keep capacity constrained around the globe. According to Nariman Behravesh, chief economist at IHS Markit, […]

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Port of LA Executive Director: 2017 was the busiest cargo year in our history

Pacific Merchant Shipping Association President John McLaurin prepares to introduce Port of LA Executive Director Gene Seroka.    The Port of Los Angeles experienced the busiest year for container movement in its 110-year history, Gene Seroka, executive director of the Port of Los Angeles revealed to a roomful of stakeholders Thursday during his annual “State […]

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Drewry: World Container Index dips 0.2% this week

   The World Container Index (WCI) – a composite of container freight rates on eight major routes to and from the United States, Europe and Asia – is down by 0.2 percent this week to $1,407.58 per 40-foot container (FEU), according to the latest assessment by London-based shipping research and consulting firm Drewry.    In […]

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Transportation Predictions That Will Shake-Up the Supply Chain Industry In 2018 – Supply Chain 24/7

January 11, 2018 · By Dan Clark In the book, The Living Supply Chain, the authors argue that “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory. Conversely, slowing down the supply chain is at the root of everything that […]

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Pacific Rim Shipping Report: A zero-emission future

The U.S. West Coast was rife with controversy in 2017, particularly over the threats posed by environmental advocates and community activists targeting the nation’s largest ocean cargo gateway with legal challenges to its massive transportation network. Amid the rancor, however, cooler heads prevailed as the governing boards of the ports of Los Angeles and Long […]

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Newsroom Notes: Amazon’s Seller Flex will change the way it does business with FedEx, UPS

Seller Flex, a new delivery service offering from Amazon, received a lot of attention when reports were published in October proclaiming that it could prove to be a major competitive advantage for the e-commerce bellwether in terms of how it negotiates rates with FedEx and UPS. That’s the thesis developed by James Thomson, a former […]

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DB Schenker moving away from fossil fuels – LOGISTIK express News

11. Januar 2018 08:42 Beitrag bequem vorlesen lassen: 🔊 Read English text DB Schenker will reduce its specific greenhouse gas emissions by at least 40 percent relative to its 2006 figures. Thanks to this pledge, the logistics division of Deutsche Bahn will play a key role in the DB Group’s mission to reach its new […]

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Haropa posts record year in container traffic for 2017

   Haropa, which operates the French ports of Le Havre and Rouen, posted an over 15 percent increase in container traffic for 2017 and a 6 percent boost in overall seaborne trade for the year compared to 2016, the port operator announced on Wednesday.     For the first time in its history, Haropa handled 3 […]

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