Memphis, Tenn.-based third-party logistics provider Mallory Alexander appoints chief administrative officer, while the Port Authority of New York and New Jersey selects general counsel.
Carriers may seek to "turn the table" on shippers who drove hard bargains, but an upturn in rates may be short-lived.
Cold chain solutions provider CSafe Global acquired Kalibox, adding over 5,000 square meters of manufacturing in two European locations to CSafe’s current six North American locations that have a combined space of over 20,000 square meters.
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The shipping advocacy group adopted the goal of ending container shipping charges, which it said can sometimes exceed the contracted price for shipments making the management of total shipping costs unpredictable for cargo owners.
Logistics costs for businesses in the United States grew in 2015, while spending actually slowed by nearly half from the 5.1 percent compound average rate over the previous four years and was flat relative to the overall economy.
Price, port coverage and transit times are traditionally the primary determinants in choosing a container carrier or service loop, but with vessels stopping at fewer ports and sailing slower than ever before, it's fair to wonder if this is still the case.