by Alex Pappas | Sep 11, 2015 | Week in Global Logistics
Cosco Orders $1.5 Billion in Megaships – China-based Cosco Holdings Co. announced plans this week to order 11 megaships capable of carrying 19,000 TEUs each. The vessels will be used in the Asia-Europe trade and reduce shipping cost by roughly 25% compared to smaller...
by Alex Pappas | May 9, 2014 | Logistics, Week in Global Logistics
Worldwide Stabilization in Air Cargo The International Air Transportation Association (IATA) reports that air cargo for 2014 has stabilized from the “boost” it experienced in the final quarter of 2013. In March, the industry was up 5.9% and capacity grew 3.4%.The...
by Alex Pappas | Mar 29, 2013 | China, Green, Logistics, Ports, Week in Global Logistics
Strike in India – Beginning April 1st, the All India Motor Transport Congress (AIMTC) plans to initiate a country-wide transporter strike. The strike is in opposition to hikes in insurance premiums and diesel prices. Read more from The Hindu Ceremony for Green Port...
by Alex Pappas | Feb 15, 2013 | Logistics, Ports, Week in Global Logistics
Importing Flowers on Valentine’s Day – Most of the flowers received in the U.S. on Valentine’s Day are from Colombia and Ecuador. It takes 5-7 days to transport the flowers from the time they are cut to customer delivery and about 87% of those flowers come in via the...