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Global Gateways: Page 91

Post-Brexit Customs Checks a 'Catastrophe' for UK Shipping

The introduction of physical customs checks following Brexit would be a catastrophe for British ports and shipping and would likely reduce the volume of trade, the head of the sector's UK industry body said.

India's Major Ports Show Record Growth

India's major ports have register 6.79 percent growth in traffic over the last year, outperforming private ports for second consecutive year.

Cross-Border Hubs Hustle to Keep Up With E-Commerce Demand

Analyst Insight: International e-commerce, also known as cross-border e-commerce, is growing at a rapid rate, but is faced with a number of challenges such as currency, delivery times, customs and returns. As a result, logistics providers such as FedEx, UPS and Pitney Bowes have acquired niche players to expand international e-commerce capabilities. Combined with these niche players, logistics providers are utilizing global gateways to reduce costs and delivery times. - Melissa Runge, vice president of analytical solutions, Spend Management

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Port of Dover Sounds the Alarm on Post-Brexit Customs

Now that the U.K. has formally handed in its request to leave the EU, the Port of Dover is concerned that the imposition of customs checks could have a disastrous effect on its business.

U.S. Ports Forge Alliances to Keep Their Spots on Trade Map

U.S. seaports are joining forces, setting aside decades of regional competition over cargo as a wave of consolidation in the shipping industry threatens to cut some cities out of global trade routes.

U.S. Ports Apprehensive About Trump's Budget

The American Association of Port Authorities (AAPA) has voiced its concern over the potential of significant declines for most federally funded, port-related programs in President Donald Trump's fiscal 2018 budget.

U.S. Bound Ocean Imports Fell in February Amid China Slowdown

China's exporting slowdown weighed heavily on U.S. seaborne trade last month, dragging down inbound volumes at major gateways from Southern California to Virginia.

New Carrier to Launch Trans-Pacific Service in April

Seoul-based SM Shipping says it will launch its first service string connecting Asia and the U.S. West Coast on April 21.

Imports to Grow in First Half of 2017 as Economy Improves, Researchers Say

Imports at the nation's major retail container ports are expected to increase 4.6 percent during the first half of 2017 over the same period last year as the nation's economy improves and retail sales continue to grow, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.

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Dallas Fort Worth Airport to Open New Cold Chain Facility

Dallas Fort Worth International Airport (DFW) has announced plans to build a 37,000-square-foot cold chain facility to be operated by AirLogistix USA. The airport says it expects the facility to come online this summer.

Retailers Imported More Than Expected During Holidays, Report Says

Imports at the nation's major retail container ports saw an unexpected increase during the industry's busy holiday season, according to the monthly Global Port Tracker report released this week by the National Retail Federation and Hackett Associates.

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Sri Lanka and China to Develop Southern Port

Sri Lanka will take part in a joint venture with China Merchants Port Holdings Company Limited to develop a port in its south, where China has also been offered an investment zone.

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