FASA

The credit rating agency said container shipping companies will continue to face oversupply, and profitability could be put under even more pressure if bunker fuel prices increase.

The Danish conglomerate said at its 2016 Capital Markets Day presentation that it wants container shipping to once again become a growth business for the company, while APM Terminals will focus less on developing and more on filling up existing facilit…

STG CEO Chris Jamroz told American Shipper the container freight station (CFS) industry has been underinvested in, partially because of how fragmented it is, and also because 85 percent of all freight moves are done via full-container-load.

Eric Johnson, Research Director and IT Editor of American Shipper , said when it comes to modernizing supply chains with data and technology, you have to bring everyone – suppliers, customers, and even your own workforce – along for the ride.

DHL Supply Chain established a new distribution center in Guarulhos, Brazil for global life sciences company Sanofi, featuring 36,000 square meters of fully air-conditioned storage space and nearly 50,000 pallet positions.

The name change to include the word “commodities” was made to “reflect the diversity of our membership, which has been in place since the beginning,” according to AgTC Executive Director Peter Friedmann.

Ocean carriers Maersk Line of Denmark, CMA CGM of France and Hapag-Lloyd of Germany issued freight rate increases.

Ports America and Sydney Harbour Investment Partners want to develop a dedicated, semi-automated, deep-water marine container facility than can handle ships carrying over 18,000 TEUs at the Port of Sydney, Nova Scotia.

JLL Chief Industrial Economist Walter Kemmsies said many factors are likely to impact the freight movement industry, ranging from macro issues, such as possible trade policy and regulation changes, to specific issues that affect how goods are shipped.