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Hanjin Shipping Sells Part of Container Ship Business for $31M

South Korea's Hanjin Shipping Co Ltd said last week it decided to sell part of its container ship business to Korea Line Corp for 37bn Korean won ($31m).

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What Shippers Don't Know About Their Carriers

Carriers are widely viewed as having an easy task: pick up and deliver on time. Piece of cake, right? Wrong. During the next few minutes of reading you will learn not only the challenges carriers face behind the scenes, but also what they aren't telling you that can reduce your transportation and distribution costs!

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Report: Fuel Smuggling Caused Shipbreaking Blast

An official inquiry into the explosion on the scrapped FPSO Aces confirmed that the massive blast was caused by hundreds of thousands of gallons of petroleum products on board. The inquiry, as reported by local media, said that about 375,000 gallons of fuel and 425,000 gallons of lubricants were on board the vessel.

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Amazon Is Out to Conquer the Brick-and-Mortar Grocery Business

Now Amazon.com, Inc. wants to be your neighborhood grocer. How's that likely to turn out?

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UPS to Add Four Weekly Flights to San Bernardino During 2016 Peak

UPS said it will add four weekly flights to San Bernardino International Airport (SBD) during its peak-season rush to accommodate a seasonal surge in package shipments, which grows each year as e-commerce changes the logistics side of Christmas shopping. The Atlanta-based integrator will operate 757 freighters from SBD to its Louisville, Kentucky, hub this December.

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Thanksgiving Day Shopping Is Here to Stay, But With Tweaks

Thanksgiving Day shopping - a delight to some, an anathema to others - isn't going away, but some stores are rethinking their strategies on whether it makes sense to be open on the holiday itself. Many of the nation's major mall operators and the big retailers that anchor them, such as Toys R Us, J.C. Penney and Macy's, are sticking with what they want to be a new tradition, kicking off the holiday shopping season on Thanksgiving Day.

Channel Tunnel Fundamentally Changed UK Logistics, Report Says

More than a quarter of all goods traded between the UK and Europe, worth around £91.4bn ($113.82bn) a year, come through the Channel Tunnel, a report has found. In its report, "Economic Footprint of the Channel Tunnel Fixed Link," Ernst & Young found that 30 percent of UK exports, worth £43.6bn ($54.3bn), and 22 percent of imports, worth £47.8bn ($59.53bn), to and from the EU depend on the tunnel.

What's Driving the Automotive Supply Chain?

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Pitney Bowes Forecasts Parcel Shipping Volume Increase Through 2018

Pitney Bowes, a global commerce technology company, says parcel shipping volume will grow at an annual rate of 5 to 7 percent through 2018, with cross border shipping leading the way, according to the company's Parcel Shipping Index annual report.

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UPS, FedEx Strike E-Commerce Partnership Deals

Both UPS and rival carrier FedEx have announced e-commerce partnership as they head into the busy holiday shopping season that kicks off with Cyber Weekend.

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Hanjin Shipping Receivership: Hyundai Loses Bid

South Korea's Korea Line Corp was picked as the preferred bidder to buy troubled shipping company Hanjin Shipping Asia-U.S. operations, beating Hyundai Merchant Marine, a spokesman for a Seoul court overseeing Hanjin Shipping's receivership said last week.

Forwarders Group Urges Action on Infrastructure Promises

The coming presidency of Donald Trump may still seem like a question mark across the American landscape, but at least one air cargo group is excited about one of his campaign pledges. The Airforwarders Association is holding the incoming Trump Administration to its promise to invest $1tr to rebuild the nation's public works projects, such as highways, bridges, tunnels, airports, schools and hospitals.

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