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Lower bunker prices are a temporary windfall that won't last, according to predictions from Boston Consulting Group.
In a keynote to an AAFA sourcing and logistics integration conference, New Balance VP Duncan Scott said Asia's engineering and logistics prowess will offset lower labor costs in other regions.
Southern California container terminals clear backlog in wake of tentative ILWU contract.
U.S. Naval Forces Central Command has begun accompanying U.S.-flagged maritime traffic in the Strait of Hormuz.
Shanghai Index shows rates have increased to the West Coast, but are still below the TSA recommendation.
Acquiring the Norwegian bulk liquid transport and logistics service provider will allow HOYER to expand its petroleum solutions business in Northern Europe.