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Think Tank
Transportation Management: Page 79
North American Intermodal Volumes Decline Again, Report Says
Total intermodal traffic recorded another volume decline in the third quarter of 2016, according to the Intermodal Association of North America's latest quarterly Intermodal Market Trends and Statistics report. Contributing to this loss were intermodal trailer volumes which dropped 26.9 percent and international shipments which fell 6.7 percent. The domestic container business experienced gains of 3.3 percent which kept the overall volume loss to 4.6 percent.
Ocean Alliance Announces Expanded Trading Network
The members of the new Ocean Alliance, CMA CGM, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line, have announced their proposed "day one" trading network. The Alliance is the largest shipping alliance in the world, and the partners will operate 40 services on the East-West trades with around 100 ports of call and almost 500 port pairs.
Parcel Traffic Ambitions Overcome European Borders, Logistics Experts Report
Britain's vote for the "Brexit" may have dealt a blow to the European Union, but the vision of an integrated European parcel network is very much alive, logistics experts say, thanks to the Deutsche Post DHL Group (DP-DHL). The German postal, express and logistics giant is acquiring a strong presence in the British market with the takeover of UK Mail, the second-largest mail provider in the United Kingdom.
XYpper Launches 'Uber-Like' Technology for Trucking Industry
Transportation software company XYpper, Inc. has launched an app- and web-based system that works similarly to Uber and other "sharing economy" apps - by directly connecting individuals who have a need with someone who can perform a service. In XYpper's case, the app connects freight brokers who have loads that need to be delivered with truckers who are either in their geographical area or on their way.
DHL Expands Operations in Southern California
DHL has expanded its footprint in Southern California to accommodate a growing demand for its global shipping services, the logistics company announced. The new 66,730-square-foot service center in Santa Ana adds more than 27,000 square feet to the company's previous facility in Irvine, and reflects an increase in shipment volumes that DHL is handling.
Major Carriers Forecast Significant Growth in Holiday Shipping Volume
UPS, FedEx and the U.S. Postal Service are all projecting major growth in holiday shipping volume during the peak season, driven by the continued boom in ecommerce activity. UPS, for example, is projecting 700 million deliveries between Thanksgiving and the end of the year, a 14 percent increase over 2015.
CaroTrans Adds Direct Atlanta-Gothenburg Link
CaroTrans, a global non-vessel operating common carrier (NVOCC) and ocean freight consolidator, has announced a new Northern Europe service connection with the addition of a direct Atlanta-Gothenburg LCL service. The service has a 21-day transit time, and a Gothenburg-to-Atlanta service will soon follow.
Clean Ships to Jump the Queue at Panama Canal, Officials Say
The Panama Canal Authority (ACP) has unveiled a new recognition program for clean operators that will help them to get ahead of the pack for transit bookings. The ACP calls the new system "environmental premium ranking."
Dachser Opens Three Southeast Asian Offices to Handle Logistics Demand
Citing a rising demand for logistics across the Southeast Asia region, Dachser USA Air & Sea Logistics has announced new offices in Vietnam, Hong Kong and India. Dachser USA, a U.S.-based subsidiary of Germany's Dachser SE, said the new locations have been set up in Hanoi, the New Territories of Hong Kong and Mumbai.
How Will DOT Regulate Self-Driving Vehicles?
The U.S. Department of Transportation is applying a surprisingly light hand to the regulation of driverless vehicles.
Container Shipping Market Is Unpredictable, But Prices Are Climbing, Xeneta Reports
An in-depth analysis of Q3 container shipping costs revealed positive trends for the container carrier segment, according to Xeneta, a market intelligence company for containerized ocean freight. However, the market remains unpredictable, with the 'Hanjin Effect' ebbing away, Xeneta says.
South Korean Government to Fund Shipbuilding
South Korea's finance minister has announced the government plans to support orders of 250 or more vessels by 2020 to help local shipbuilders. The government plans to establish a state-backed ship financing company with an initial capital of 1 trillion won ($871.73m) to help improve the financial health of Korean shipping companies.
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