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"Repercussions on the global supply chain will be felt over the next few months and perhaps years to come," said the CEO of supply chain research firm Resilinc.
At least 56 dead, including 21 firefighters, reported in the aftermath of Wednesday's explosion in the northern Chinese port.
Container throughput slipped 6.8 percent year-over-year in the first half of the year to 4.5 million TEUs, which resulted from the port''s sluggish trade with China and Russia, the weak ruble, a drop in oil prices and the economic recession.
Federal Maritime Commission Chairman Mario Cordero applauded efforts to fight gate congestion at the Ports of Los Angeles and Long Beach, but wants terminals to amend their agreement with the FMC.
The ERP provider's $675 million acquisition of GT Nexus brought little overlap, common architecture, and access to deep networks of suppliers, an Infor executive tells American Shipper.
U.S. government data shows the value of imports and exports in the North American free trade zone fell, with vessels and pipelines bearing the brunt of the downturn.