Automation tends to make some people nervous.
Shipping and aviation emit more than 5% (pdf) of the world’s greenhouse gases, not to mention black carbon, sulfur dioxide, and nitrogen oxides.
“Finally, a ray of hope for the U.S.-China trade relationship,” said Myron Brilliant, U.S. Chamber of Commerce’s head of international affairs.
Optimization is an open-ended story: In the case of route-speciﬁc container stowage (RSCS), this applies especially to the parameters of ﬂexibility, cost and time.
The average size of container ships deployed on the Asia-Europe and trans-Pacific trades is continuing to rise as carriers take delivery of ultra-large vessels.
Spot and contract container freight rates have been falling this year. Shippers are advised to use this low base for fixing contracts before bunker surcharges rise next year
The Panama Canal has closed the 2019 fiscal year (FY19) with a record tonnage of 469 million Panama Canal tons (PC/UMS), a 6.2 percent increase compared to FY2018.
As supply continues to outstrip demand and spot rates trend below fixed contract rate levels
Maersk Line will only charge for the “extra cost of compliance” as the carrier introduces new IMO 2020 low-sulfur fuels in the coming months.
Oil shipping rates are soaring following a series of sanctions on a Chinese transportation giant and limitations placed on movement of Venezuelan crude oil tankers.
Air cargo volumes have taken a hit globally this year. IATA shows flown volumes down 3.9% in August.
The percentage of carriers still running automatic onboard recording devices (AOBRDs) has dropped to 3%
Transplace announced on October 8 further improvements in its payment processing platform through its ongoing collaboration with TriumphPay and Bank of America.