[caption caption="Chicago-based FourKites landed $50 million in its latest funding round. Photo credit: Shutterstock.com."][/caption]Venture capital (VC) dollars keep pouring into technology start-ups focused on shipper freight visibility, fueling an arms race in that sector of logistics software, as evidenced by a $50 million investment into Chicago-based software provider FourKites Tuesday.The...
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Carrier earnings show scale of low-sulfur risk
[caption caption="Maersk"][/caption]Although Maersk marked rising tariffs as a key risk to the profitability of the container shipping industry, the impending low-sulfur fuel mandate poses the...
Carrier earnings show scale of low-sulfur risk
[caption caption="Maersk Line posted a pre-tax profit of $238 million for 2018 compared to $25 million in 2017. Photo credit: Shutterstock.com."][/caption]Although Maersk marked rising tariffs as...
Flexport’s $1 billion injection retriggers scale questions
[caption caption="San Francisco-based forwarder Flexport's $1 billion funding injection is by far the largest-ever single cash infusion into a logistics startup. Photo credit:...
Keeping an eye on compliance in a volatile environment
The current international trade atmosphere presents many challenges for North American importers and shippers. Regulations are complex and constantly changing, making the environment even more...
US truckers' pricing power receding
[caption caption="US long-haul truckload pricing growth is expected to slow from 8.2 percent in fourth quarter 2018 to 2.15 percent by fourth quarter 2019, according to the IHS Markit Producer...
New truck driver pay model aimed at capacity retention
[caption caption="Daseke's 'Salary Plus' driver pay program provides drivers with a base salary, along with bonuses for mileage and safety. Photo credit: Shutterstock.com."][/caption]Truck driver...
DP World expands short-sea reach with P&O purchase
[caption caption="UK-based P&O Ferries operates 30,000 voyages each year, with connections at 11 ports in Britain, France, Northern Ireland, the Republic of Ireland, the Netherlands, and Belgium....
DP World expands shortsea reach with P&O buy
[caption caption="UK-based P&O Ferries operates 30,000 voyages each year, with connections at 11 ports in Britain, France, Northern Ireland, the Republic of Ireland, the Netherlands, and Belgium....
Russian rumbles on Belt and Road
There has been a recent flurry of reports as to who is attending the Belt Road Initiative (BRI) summit scheduled for April. Malaysia’s PM Mahathir has confirmed as attending, suggesting that...
Europe block exemption debate reveals deep shipper frustration
[caption caption="The current five-year extension of the European block exemption for liner consortia will expire in April 2020. Photo credit: Shutterstock.com."][/caption]Shipper frustration over...
SAL mulls newbuildings amid early market rebound
[caption caption="Provided oil prices remain in the $60 per barrel range, SAL Heavy Lift expects to order new vessels some time in the next two years. Photo credit: SAL."][/caption]A rebound in...
Small shippers face higher low-sulfur fuel burden
[caption caption="For their part, carriers have said privately and publicly that shippers have to fully pay their fare share to meet the IMO rule. Photo Credit: Shutterstock"][/caption]Smaller...
PORT OF GUANGZHOU (NANSHA) UP IN 2018 GLOBAL PORT RANKINGS
Port of Guangzhou commands the number 5th Slot on the Top Global Ports with a 2018 record-breaking performance of 21.92 Million Teus, up 7.6% vs 2017. Port of Nansha, the only Deep-Water Port of...
Enough low-sulfur fuel at US ports come 2020?
[caption caption="The International Maritime Organization has mandated that all ocean carriers must switch to burning fuel with a sulfur content of less than 0.5 percent on Jan. 1, 2020. Photo...
Tampa port lands another Asian container service
[caption caption="CMA CGM will add Tampa Bay as a weekly stop on its PEX3 service beginning in May, a direct-from-Asia route already calling the Gulf Coast and Miami. Photo credit: Port Tampa...
Tampa port lands another Asian container service
[caption caption="CMA CGM will add Tampa Bay as a weekly stop on its PEX3 service beginning in May, a direct-from-Asia route already calling the Gulf Coast and Miami. Photo credit: Port Tampa...
Daseke cool on M&A and hot on logistics
[caption caption="Flatbed and heavy-freight hauler Daseke took in $1.6 billion in revenue in 2018. Photo credit: Daseke."][/caption]After nearly doubling in size from 2017 to 2018, heavy-freight...
Daseke cool on M&A, hot on logistics
[caption caption="Flatbed and heavy-freight hauler Daseke took in $1.6 billion in revenue in 2018. Photo credit: Daseke."][/caption]After nearly doubling in size from 2017 to 2018, heavy-freight...
Deeper channel allows more mega-ship calls at JNPT
[caption caption="The project to deepen Jawaharlal Nehru Port Trust (JNPT) from 14 m to 15 m (50 feet) was made possible by a public investment of about Rs.2,000 crore ($282 million). Photo...
Container carriers rewrite game plans