A study of 500 North American businesses by the payment solutions provider AFEX found companies were hampered by costs and delays with processing international payments.
Breakbulk carriers squeezed by container, simple bulk sectors
The last three months saw “some of the worst” conditions “in living memory” in the multipurpose and project cargo sectors, with little chance for any significant improvement until the end of 2017, according to shipping research and consulting firm Drewry.
Executive Moves: Chamber of Marine Commerce and DTI
The Chamber of Marine Commerce appoints interim president, while the executive director of the Transportation Institute at the University of Denver (DTI) will retire.
Truck drivers sue Amazon for misclassification
The lawsuit, filed in federal court in Seattle, Wash., is the latest in a long list of complaints against transportation and logistics service providers that have allegedly been misclassifying drivers as contractors instead of employees.
DHL subsidiary acquires Italian logistics provider
DHL Supply Chain has purchased a 100 percent stake in Carugate, Italy-based MIT Safetrans, which specializes in high value logistics services in the technology, pharmaceutical, banking and vending sectors, for an undisclosed price.
AAR: U.S. rail traffic down 6.9% through September
Combined United States carload and intermodal cargo volumes continued their decline in September 2016, falling another 4.8 percent compared with the same 2015 period, according to data from the Association of American Railroads.
Great Lakes limestone trade slips in September
On a year-over-year basis, the sharp increase in limestone shipments from Canadian quarries was not enough to offset the drop in limestone shipments from quarries in the United States.
WLS: Capacity plummets in wake of Hanjin bankruptcy
Peak season capacity took a major hit in third quarter 2016 as carriers scrambled to replace services interrupted by Hanjin Shipping’s Aug. 31 bankruptcy announcement.
BlueWater Reporting Hanjin Terminal Report
Ocean carrier schedule and capacity database BlueWater Reporting has released a report detailing all services on which Hanjin Shipping operated at the time of its insolvency filing.
U.S. ports, railroads give latest updates as Matthew inches closer
At 11:00 a.m. EST Thursday, the National Hurricane Center said the Category 4 hurricane was 25 miles west/northwest of Nassau Bahamas and about 180 miles southeast of West Palm Beach, Fla.