The twin ports of Los Angeles-Long Beach, the country’s largest port complex, approved a plan on Thursday to slash air pollution by encouraging the phase-out of diesel trucks in favor of natural gas, and eventually zero-emissions trucks and cargo-handling equipment, over the next 20 years.
The Digital Age–new technologies, big data and the Internet of Things–will help reinvent the container shipping industry in coming decades.
By 2067, McKinsey & Co. believes the industry will have many new characteristics that will cause dynamic change, as detailed in a new study, “Container Shipping: The Next 50 Years.”
Unsteadiness seems to best describe the state of global shipping, with ocean freight rates staying low and schedule changes on the upswing, while UPS sees strong business overall on the ground and in the air held down by natural disasters.
Amazon Business has launched Business Prime Shipping, a paid annual membership program for business customers in the U.S. and Germany that offers unlimited free two-day shipping on eligible items.
Recognizing the dynamic shifts taking place in the fashion industry from raw materials to consumer, the Council of Fashion Designers of America teamed with logistics partner DHL to explore the future of the fashion supply chain.
FedEx Corp. has acquired Northwest Research Inc., a specialist in inventory research and management.Read more
Cargo container imports set a second all-time monthly record high this summer, as retailers brought in merchandise for the holiday season, and are continuing at unusually high levels this month, according to the monthly Global Port Tracker report.Read more
The Expanded Panama Canal, now 15 months old, is exceeding expectations and is impacting trade routes for importers and exporters.Read more
Global air freight volume 12.1% in August compared to the same period a year ago, the fifth time in the last six months of double-digit gains on the previous year’s performance, according to the International Air Transport Association.Read more