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Ocean Transportation: Page 161

U.S. Expected to See Retail Imports Grow 4.5 Percent in First Half of 2016

Import cargo volume at the nation's major retail container ports is expected to decline year-over-year for the next few months, but the first half of the year should still amount to a 4.5-percent increase compared with the same period last year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

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PLS Logistics Services Opens Branch in Charlotte

PLS Logistics Services, a provider of supply-chain and freight-brokerage services, has opened a new branch office in Charlotte, N.C.

Wallenius Wilhelmsen Logistics Takes Over South African Venture

Wallenius Wilhelmsen Logistics (WWL), a global provider of roll-on/roll-off shipping and vehicle logistics services, has entered into an agreement with its partner company Groupe CAT to acquire the latter's 50-percent share in CAT-WWL, a joint venture of 10 vehicle-processing facilities based in South Africa.

Tianjin Port Explosion May Rank as Worst Marine Insurance Disaster

Claims related to the massive explosion at the port of Tianjin, China, may grow to as much as $6bn, says the International Union of Marine Insurance (IUMI). More than half of the claims reportedly fall within marine insurance or reinsurance lines - potentially making it the largest single marine disaster (by claim value) in history, surpassing Hurricane Sandy.

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Rating the World's Cleanest - and Dirtiest - Ships

Want to make sure that your imports or exports are traveling on a "clean" ship? There's a way to do that.

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Continued Battering Seen for LNG Shipping Industry Profitability

LNG shipping earnings will remain under pressure in 2016 as accelerating fleet growth and changing trade patterns will weaken supply-demand conditions, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry.

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GAC Group Upgrades Portal for Ship Agency Customers

GAC Group has enhanced its GACtrack portal to provide greater job transparency and control to ship agency customers

CMA CGM Becomes Latest Western Shipping Company to Strike Deal With Iranian Ocean Cargo Line

French firm CMA CGM, the world's third-largest container shipping operator, signed a significant cooperation agreement Thursday with Islamic Republic of Iran Shipping Lines (IRISL).

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Logistics Industry's Improved Outlook in January Could Be Short-Lived

With a score of 45.9, the January edition of the Stifel Logistics Confidence Index has marked a monthly recovery in an otherwise gloomy tale of decline.

'Drastic' Measures Needed if Dry Bulk Shipping Is to Become Profitable Again

Dry bulk shipping is facing a perfect storm and requires drastic supply side measures if the industry is to return on course to profitability in the medium term, according to the latest edition of the Dry Bulk Forecaster report published by global shipping consultancy Drewry.

A Port With Too Much Container Space? Welcome to the Bizarro World

In the Superman comics, the Bizarro World is a planet where normal people and events become strangely inverted. Which, in the world of global trade and supply chain, appears to be happening with increasing regularity.

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Projected 4.6 Percent Growth in Container Ship Capacity Is 'Slowest' Rate in More Than 25 Years

Global container ship capacity is expected to increase by 4.6 percent in 2016, the slowest growth rate in more than 25 years, giving some relief to an industry hammered by oversupply, consultancy firm Alphaliner forecast on Tuesday.

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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