Trans-Pacific spot market exposure drags down Zim’s Q2 earnings
With 70% of its volume moving under spot rates, there was no escape from the volatile US-China tariff battle.
With 70% of its volume moving under spot rates, there was no escape from the volatile US-China tariff battle.
The proposal offers a clearer pathway for approval of operations beyond the visual line of sight, which could strengthen logistics applications, stakeholders said.
US ports want the federal government to increase the amount set aside for infrastructure grants in the DOT’s next budget, saying ports are an integral part of the nation’s road and rail network.
New carrier services improved connections between Hamburg and the Mediterranean, Middle East, Asia and India, while hinterland traffic has continued to develop.
The focus on incorporating returns technology for retailers is driven by data showing that the cost for them to acquire new customers far exceeds the cost of retaining existing customers.
The development of the war-damaged Latakia International Container Terminal, which handles 95% of Syria’s containerized trade, is aimed at increasing the port’s handling capacity to 1 million TEUs.
The new service taps into the company’s networks in both countries and aims to streamline the customs clearance process for shippers.
Chief Commercial Officer Martin Schumacher recently told vendors their margins have been “artificially high” and warned that “those days are over.”
Chris Callieri will start in September, reporting directly to CEO Michelle Gass.
The data visibility company has long partnered with transportation management system providers to get broader access to shippers, but will now compete alongside those partners.