News

The latest industry news and PSA BDP Happenings from across the globe.

January 15, 2019

U.S. shoppers spent a record $126 billion on online shopping during the 2018 holiday season, taking advantage of early discounts on Amazon.com and other websites and with more people using smartphones to place their orders, Adobe Analytics said on Tuesday.

January 15, 2019

The industry’s supply-demand balance will benefit from a reduced appetite for ultra large container vessels (ULCVs) among the major carriers, according to shipping consultancy Drewry.

January 15, 2019

Singapore box terminal operator PSA handled 81m teu last year across its global network, growth of 9.1%, with international volumes increasingly dominating its throughput profile.

January 14, 2019

Four weeks into the federal government shutdown, a new worry has emerged: the U.S. Food and Drug Administration’s food-safety inspections.

January 14, 2019

A “reduced appetite” for ordering ultra-large container vessels (ULCVs) and carriers instead aspiring to become global logistics integrators could finally balance container capacity supply with demand, according to new analysis from Drewry.

January 10, 2019

A decades-long plan to reduce congestion on New York and New Jersey roads and bolster traffic at the states' shared port culminated Monday when service began at a new Port Jersey rail facility, according to a press release from the Port Authority of New York and New Jersey.

January 8, 2019

2M partners Maersk Line and MSC have advised their Asia-Europe and transpacific customers of a number of blanked headhaul sailings next month, during the traditional Chinese New Year soft demand period.

January 8, 2019

The shipping industry is counting down to the January 1, 2020, sulfur cap, and key regulatory changes to support it are already entering into force. Together with other IMO requirements taking effect this year, they pave the way for cleaner shipping operations globally.

January 7, 2019

Initial repercussions for logistics from the US government shutdown have been slight so far, but the prospect of lingering paralysis is raising fears of severe supply chain disruption that may take a long time to mend.

January 7, 2019

With U.S. manufacturing growth headed downward, tariff increases looming and interest rates headed up, economists are forecasting that in 2019 trucking companies will start to feel an easing off the gas in terms of demand.