The collapse of Hanjin Shipping Co. will probably spark fresh consolidation among container lines as they attempt to ride out the shock waves buffeting the industry, Hapag-Lloyd AG CEO Rolf Habben Jansen said.
September 15, 2016Search
Showing 10 of 9026 results
= Premium Content
Robert Brown of Bot Auto breaks down the state of autonomous trucking today, and where it's headed.
Port of Wilmington Closely Watching Hanjin Bankruptcy Rescue
The Port of Wilmington is closely watching as one of its clients — South Korean company Hanjin Shipping —attempts to fight its way back from the brink of bankruptcy.
September 14, 2016US Ports, Private Firms to Spend $154.8 Billion on Projects Over the Next 5 Years, AAPA Says
U .S. ports and private com panies will spend an esti mated $154.8 billion on capital projects over the next five years, from dredging harbors and expanding terminals to building warehouses and buying automated container handling equipment, according to the American Association of Port Authorities.
September 19, 2016Radiant Logistics Reports $5.6 Million Loss
Radiant Logistics Inc. reported a loss of $5.6 million, or 11 cents per share, for the 12-month fiscal year that ended June 30.
September 13, 2016US Trailer Orders Fall Almost 38% Year-Over-Year
U.S. net trailer orders fell 37.6% year-over-year as some fleets remained cautious about adding equipment and cancellations increased, according to ACT Research Co.
September 13, 2016Takeaway: Focus on Ports
Just as highway bottlenecks can impede the transport of goods over the road, congestion in and around the nation’s seaports can disrupt the supply chains of companies that import and export goods.
September 19, 2016Hanjin Ship Unloading at Long Beach After Bankruptcy Ruling
A Hanjin Shipping Co. vessel began unloading its part of $14 billion worth of cargo Sept. 10 at the Port of Long Beach in California after a U.S. court granted the company a reprieve from having its assets seized, easing a cargo bottleneck resulting from the container line’s filing for bankruptcy protection.
September 12, 2016Hanjin Collapse Is Triggering Short-Term Rate Spike, Maersk Says
Maersk Line, the world’s largest container shipping company, is seeing a short-term rise in freight rates and an inflow of new clients after the collapse of Hanjin Shipping Co.
September 12, 2016From Steaks to Furniture, Hanjin Shipping Collapse to Raise Freight Costs
The collapse of Hanjin Shipping will boost the cost to U.S. businesses and consumers of a wide range of imported goods, from furniture and clothing to fresh fruit and frozen meat, according to federal agencies, shippers and retailers.
September 9, 2016Swift Transportation Founder, CEO Jerry Moyes to Retire
Jerry Moyes, the founder and CEO of Swift Transportation will retire at the end of the year, the company announced Sept. 8.
September 9, 2016