News

09.04.2020

Oil price plunge threatens project shipping sector

Global benchmark Brent crude fell to $24.74 per barrel on April 1, the lowest since 1999, but prices rose to $32.84 per barrel on Wednesday on […]
09.04.2020

Breakbulk Webcast

REGISTER TODAY! Start Date:4/28/2020 Start Time:12:00 PM CDT / 1:00 Pm eDt Duration:240 minutes Abstract: The 2020 Breakbulk & Project Cargo Conference may have been cancelled […]
08.04.2020

MSC expands storage options to slow imports at more hubs

Container lines are warning that the world’s supply chains would break down if ports become congested due to importers not picking up their containers. Photo credit: […]
08.04.2020

COVID-19, oil crash dampen Drewry MPV/HL forecast

Steel pipe being discharged at the Port of Houston. Photo credit: Port of Houston. Drewry’s latest forecast for the multipurpose and heavy-lift (MPV/HL) fleet takes an […]
08.04.2020

Lack of US logistics standard for ‘essential’ service imperils cargo flow

A set of national standards for essential supply chain participants in the United States is an imperative that cannot be ignored. Photo credit: Shutterstock.com. A railroad […]
08.04.2020

Soaring air freight rates add value to China-Europe rail

China-Europe rail volume posted record growth in March as demand surged back when factories reopened after the February shutdown in a measure to slow the spread […]
08.04.2020

Coronavirus fogging up visibility investment plans

Some technology providers say inbound leads have increased during the coronavirus disease 2019 (COVID-19) crisis, while others say demand has slowed as shippers wrestle with short-term […]
08.04.2020

LTL trucker A. Duie Pyle temporarily cuts wages

“Nobody has a playbook” for the pandemic, A. Duie Pyle chairman Peter Latta said. “I’ve never seen a ship turn so quick.” Photo credit: A. Duie […]
08.04.2020

Container industry fallout from coronavirus to linger into 2021

Between March 20 and March 27, IHS Markit lowered its projection for 2020 US real gross domestic product (GDP) growth from a decline of 1.7 percent […]
08.04.2020

March US imports slammed by effects of COVID-19

US imports from Asia plunged in March, and analysts are projecting double-digit percentage declines in total import volumes through at least August. Photo credit: Shutterstock.com. US […]