Supply chain innovation teams, created by the Federal Maritime Commission, say a national portal could improve port performance and increase American economic competitiveness.
A report issued today by the AASHTO and the AAPA said the FAST Act has brought ports and cargo fully into the surface transportation network and has given the nation a dedicated federal freight program for the first time ever.
The London-based shipping research and consulting firm said expenses have been cut to the bone in the past two years, so increases would not be unexpected.
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Geneva-based Mediterranean Shipping Co. has confirmed it is looking to buy the now insolvent South Korean shipping company’s 54 percent stake in the Southern California container terminal.
The Transportation Intermediaries Association appoints VP of education and DSV Road North America names president, while Chapman Freeborn selects chief commercial officer and the American Association of Port Authorities installs 2016-2017 chairman.
Following the recent collapse of Hanjin Shipping, “there will be a wave of consolidation” in the industry and CMA CGM could participate even after its recent purchase of APL parent Neptune Orient Lines, according to vice chairman Rodolphe Saadé.