The prospect of unmanned container vessels serving global container supply chains took another step forward today. Sea Machines Robotics, a US developer of autonomous vessels, announced it had raised $10m from venture capital funds.
Annual container throughput has hit a record-high of 25 million standard containers at Ningbo-Zhoushan Port in east Chinas Zhejiang Province, the ports operator said. As of November, the ports annual cargo throughput had exceeded 1 billion tonnes, up 7.4 percent year on year, according to Zhejiang Seaport Group, the operator.
While uncertainty in global trade is proving prosperous for the forwarding community, legacy forwarders appear to have now fully realised the threat posed by online platforms. A report claims traditional players have made significant investments to offset threats from online operators entering the $220bn global market.
Corporate relocations are often be a sign of business expansion and industry growth, especially if the purpose of your company relocation is to set up a new branch of operations in a new city. Moving your team to new offices in other cities can require plenty of planning and strategy, however, and c…
When moving to a new home, some things will always be harder to move than others. For instance, protecting and transporting some of your house plants should be more challenging than packing and moving your clothes.
US shipping regulatory body the Federal Maritime Commission (FMC) is to introduce revised rules covering container detention and demurrage practices across the country after commissioner Rebecca Dye released the results of an eight-month investigation into how carrier and container terminal apply the charges.
China is about to bring the Silk Road back to life, investing billions of dollars to improve trade relationships. Beijing is building its way to European markets by constructing a network of infrastructures that will grant the transfer of Chinese goods worldwide through the Belt and Road Initiative.
Here are the stories that best summarize the year in logistics and transportation managementthe news thats changing the market environment and will most certainly alter the way shippers approach operations in the coming year.