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Transportation Management: Page 97

Container Rates Should Rise Slightly, But the Industry Still Mired in Huge Losses

Container freight rates are forecast to rise modestly over the next 18 months from the all-time lows reached recently, but this will not be sufficient to rescue the industry from substantial losses in 2016, according to the latest Container Forecaster report published by global shipping consultancy Drewry.

April Figures Show Canadian Ground Transportation Declined Slightly in Cost

Results published by the Canadian General Freight Index (CGFI) indicate that the total cost of ground transportation for Canadian shippers decreased by 0.6 percent in April, as compared with March results.

In May, Ocean Carriers Achieve Best On-Time Performance in Six Months

Ocean carriers achieved a six-month high for liner service reliability in May, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.

Mainfreight USA Adds Warehouses in Newark and Dallas

Mainfreight USA, a global supply-chain and logistics services provider, has added two warehouses to its North American logistics network, in Newark, N.J., and Dallas.

Damco Offers Weighing and Filing Services for New SOLAS Regs

Damco, a third-party logistics provider, has launched two Verified Gross Mass (VGM) services to support implementation of new regulations from the International Convention for the Safety of Life at Sea (SOLAS).

Not Designed for E-Commerce, Logistics Networks Begin to Feel Strain

One of the major findings from the 27th Annual State of Logistics report is that "gaps" in infrastructure and "accelerating trends for speed" will increasingly put pressure on a logistics system not designed for e-commerce driven "last mile, last minute" delivery service.

MercuryGate Integrates TMS With Thoroughbred Direct Portal

MercuryGate International Inc. has entered into a partnership with Thoroughbred Direct Intermodal Services, Inc. (TDIS), a subsidiary of Norfolk Southern Railroad.

JLL Managing Director Comments on Panama Canal Expansion

Will the amount of cargo transiting the Panama Canal do so on fewer vessels?

A.P. Moller-Maersk Ponders Whether to Break Group Into Separate Companies

Danish shipping and oil group A.P. Moller-Maersk could be split up into separate companies, its chairman said on Thursday after naming Soren Skou, the head of its container business, as chief executive.

India Acts to Make Foreign Direct Investment Easier

In an attempt to attract more foreign funds to boost the nation's businesses, India's government this week relaxed the rules regulating the amount of foreign direct investment allowed across a wide spectrum of Indian business sectors, including the aviation industry.

Officer Shortage to Ease as Growth in Global Shipping Fleets Continues to Slow

Slowing growth in the size of the shipping fleet will reduce the shortage of officers over the coming years, according to the latest Manning report published by global shipping consultancy Drewry.

Diesel Predicted to Lose Its Dominant Position Among Class 8 Vehicles by 2021

In 2015, diesel engines made up 98.5 percent of the North American Class 8 vehicle market, but the forecast expects this dominance to lessen by 2021, according to a report by Americas Commercial Transportation (ACT) Research and Rhein Associates.

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