Befitting the online retail giant’s existing strategy of aggressive expansion and industry domination, Amazon.com Inc. has recently made moves implying a possible venture into the world of global third-party logistics. In January, Amazon registered its China arm as an ocean freight forwarder with the U.S. Federal Maritime Commission (FMC), allowing for a more direct and […]
Having been excluded from the Paris Climate Change Conference, the shipping industry is now left to come up with its own standards on reducing carbon emissions, or potentially be subject to a hodge podge of rules from countries around the world.
The shipping industry was not immune to the effects of the recession and now, like every other industry affected by the financial upheaval of 2008-09, shipping is gradually working its way back to pre-recession levels. Could 2016 be the year that things really start to look up for shipping?
The shipping industry has long had to contend with the threat of seagoing pirates. However, more recently shipping has joined the growing list of business sectors vulnerable to a new kind of security threat–hacking. In the face of this rising threat, shipping owners and industry leaders the world over are looking for better ways to […]
As the shipping industry consolidates to address the challenge of keeping costs in check, busy ports like Los Angeles are seeing an influx of traffic by way of megaships–some as long as the Empire State Building is tall, and capable of carrying twice as much as the largest ships currently operating.
Shipping has the smallest carbon footprint of any means of moving cargo, but the shipping industry still generates around a billion tons of CO2 annually. Which is why both regulators and the shipping industry are looking for new and innovative ways to go green.
The shipping and logistics industry has long benefited from technological interconnectivity. However, it’s been estimated that the increased efficiency, trackability and machine learning offered by being wired into the Internet of Things can potentially reduce commercial transportation asset and operations management costs by 10 percent.
The global shipping industry is entering into what could be a significant slowdown–and many logistics providers are responding by circling the wagons. Spurred on by the economic and manufacturing slowdown in China and the overall failure of emerging markets to live up to projected growth expectancies, many container shipping lines are turning their attentions toward […]
While the ports of Los Angeles and Long Beach process over 14 million containers a year and remain unmatched in terms of sheer volume, new hubs are changing the face of the global logistics and supply chain industry. These hubs are being developed to provide more efficient routing, alleviate already congested ports, and support the […]
With the holiday season upon us, retailers everywhere are scrambling to cope with the frenzy of shopping activity. With total holiday retail sales this year predicted to reach $1 trillion, many major retail chains have already taken on seasonal workers to help manage the influx of shoppers.