Air News:
The economic turbulence of the last few years have made life extremely challenging for cargo airlines – and probably worse for those that rely on bellyhold space to move some or all of their shipments.
Ocean News:
Li Ka‐shing, a Chinese billionaire with investments in container port facilities around the world, including in Hong Kong, has moved to end a four ‐ week strike affecting operations at Hongkong International Terminals in Hong Kong by hiring new workers to handle ships and demanding protesters leave his building in the city’s Central District.
Big box shippers are increasingly looking at developing more formal contractual arrangements with container shipping lines.
Logistics News:
The transloading of merchandise from marine containers to domestic containers and trailers isn’t a new phenomenon in supply chain logistics, but for a variety of reasons, its use by retailers and direct importers is increasing faster than imports in general, especially in Southern California.
Economy News:
Japanese containerized cargo trade will rise 2.6 percent in fiscal 2013, which started on April 1, from a year earlier to 12.760 million 20‐foot equivalent units, a Tokyo‐based research firm predicted in a new report.
The price for U.S. firms outsourcing manufacturing to China will equal making goods in the U.S. by 2015, according to a new study by consulting company AlixPartners.
Surface News:
U.S. trucking groups have lost an appeals court challenge to a federal pilot program that allows Mexican truck drivers to cross the border and deliver goods in the U.S.
Mossend International Railfreight Park will unveil plans for a proposed development which aims to become Scotland’s leading rail freight park.