PayCargo expanding footprint beyond ocean freight cargo release
The logistics payments vendor has partnered with fellow software provider Gnosis Freight to enable payments at other stages of a containerized shipment lifecycle.
The logistics payments vendor has partnered with fellow software provider Gnosis Freight to enable payments at other stages of a containerized shipment lifecycle.
The Metro Express Terminal at Pier S will serve smaller, independent container lines on the trans-Pacific that carry e-commerce merchandise requiring rapid movement once onshore.
The port’s CEO said Antwerp experienced about 25 days of industrial action last year that resulted in the loss of 2.4 million metric tons of cargo, equivalent to 1% of its annual throughput.
Jason Bell was promoted to the position after serving as SVP of supply chain operations since 2021.
Union Pacific Railroad called the decision by federal regulators to rule its filing as “incomplete” a minor setback that won’t significantly change the timeline for its hoped-for acquisition of NS.
While Lunar New Year activity will spur ocean cargo volume increases in January, the National Retail Federation and Hackett Associates project year-over-year declines in subsequent months.
The activewear retailer is accelerating technology and automation use in the hopes of improving efficiency across its supply chain.
The carrier expects the moves, along with building closures, will help it save $3 billion as it adjusts to reduced Amazon volume.
“Lumpy” project cargo demand is expected to lead to overutilization of the global multipurpose vessel fleet, participants in a Journal of Commerce webinar were told.
Taiwan’s third-largest carrier has said it would expand its network of terminals and storage facilities to obtain competitive tariffs at key ports in Asia.