Don’t expect the automation wave to engulf US marine terminals anytime soon.
APL was No. 13 on the trans-Atlantic trade in the first three quarters.
Even as demand for truck-transported cargo rises, truck companies are struggling to add drivers, due to competition from better-paying jobs in other sectors.
Russian officials expect internet-based cargo bookings to account for up to 10 percent of bookings, perhaps more, in three years.
Freight rates for air cargo are rising steadily and space is at a premium with no slowing of demand.
The November improvement was largely driven by significant productivity gains at APM Terminals-operated Gateway Terminals India.
The Asia-Europe trade has seen greater volume and higher rates this year, but the backhaul trade has outperformed its larger headhaul counterpart.
The JOC port call data cover 879 terminals at 500 ports globally.
The latest JOC port productivity data show call sizes continued to increase globally through the first half of 2017.
CMA CGM has completed its acquisition of Mercosul Line, kicking off a battle for control of the fast-growing Latin American market.