ONE triples full-year profit forecast after robust fiscal Q1
It is shaping up to be a profitable year for the ocean carrier’s new CEO Till Ole Barrelet, who took over the top job from Jeremy Nixon on July 1.
It is shaping up to be a profitable year for the ocean carrier’s new CEO Till Ole Barrelet, who took over the top job from Jeremy Nixon on July 1.
The modernization project is meant to enhance the competitive position of Seattle-Tacoma among other ports along the West Coast of North America that have outperformed the NWSA this year.
Railroads hauled a record number of domestic containers in the second quarter as shippers banked some of the largest savings against truckload in the history of the Journal of Commerce’s Intermodal Savings Index.
With Europe gripped by a blistering heatwave, operators on the crucial waterway warn the river may soon be impassable for cargo-laden barges.
Prices are “still too high but going in the right direction,” said Susan Spence, chair of the Institute for Supply Management.
Unpredictability in global project cargo routines has put US breakbulk ports under pressure, but has not yet led to congestion.
But the growth is overwhelming the port and inland logistics infrastructure needed to support it as enormous volumes from Asia flood the continent.
The apparel brand is using several solutions from software company Inspectorio to automate operations as it looks to scale its international footprint.
The Iran war continues to drive market volatility while artificial intelligence-related cargo fuels growth on the Transpacific trade lane.
The offering, which will cover five Orlando-area stores, is part of an expanding partnership between the two companies.