International Maritime Bureau Director Pottengal Mukundan said kidnappings in the Sulu Sea, which is located between East Malaysia and the Philippines, are a particular concern.
INTTRA’s transaction growth outpaces container volumes
Inna Kuznetsova, president and chief operating officer of INTTRA, explained the reason’s behind the company’s rapid growth in a recent interview with American Shipper.
NRF: U.S. container imports see ‘unexpected’ increase during peak season
Major container ports in the United States handled 1.64 million TEUs in November, down 6.6 percent from October but up 11.2 percent from November 2015, according to the Global Port Tracker report by the National Retail Federation and Hackett Associates.
NEW REPORT: SLOWING HANDBAG SALES RESULTING IN LACK OF DESIGN CREATIVITY
While the last few months of 2016 may be marked in history by unexpected celebrity deaths and political unrest as Donald Trump gets ready to take the White House, the handbag industry was fighting its own battle: lack of creativity. A new study publish…
Singapore to develop truck platooning system
The Singapore Ministry of Transport and PSA International have partnered with automotive companies Scania and Toyota Tsusho for the design, development and testing of an autonomous truck platooning system for use within the Port of Singapore.
Executive Moves: Logistics Plus and CINS
Logistics Plus hires new head of sourcing division, while the Cargo Incident Notification System names deputy chairman.
U.S. trade deficit grows in November
The U.S. trade deficit totaled $45.2 billion in November, up 6.8 percent from October as exports declined amid stronger domestic demand for imports.
IATA: Airfreight growth continues in November
The International Air Transport Association attributed the continued growth to more shipments of silicon materials for high value electronics, an apparent turnaround in new export orders, and the modal shift to air cargo due to the collapse of Hanjin.
Commentary: Equal footing for parcel
Although e-commerce is a large contributor to parcel companies’ bottom lines, parcel has always been an arrow in the quiver of large shippers as well.
U.S. meat exports soar in November
The United States experienced growth in beef, pork and lamb exports in terms of volumes and value in November 2016 compared to 12 months prior.