In 2019, many ocean carriers will be forced to sit longer at port waiting for trucks to pick up the cargo, which will prompt some to impose emergency intermodal fees or stop door delivery in response.
The growth and disruption of the digital marketplace is hard to miss in industries like retail and entertainment. A range of companies, including Amazon, Spotify and Netflix, are replacing the traditional businesses of yesterday.
The Federal Maritime Commission (FMC) approved the recommendations of Commissioner Rebecca Dye as set forth in her final report of the Fact Finding 28 investigation. Her recommendations also included the establishment of a Shipper Advisory Board.
Canadian National Railway is seeking to emulate its success on Canada’s west coast by establishing a bigger beachhead on the east coast by bidding, with an unidentified partner, to acquire a stake in Halterm Container terminal at the Port of Halifax.
In 2018, blockchain transactions are on the rise for shipping, finance and other industries partly due to cryptographic structures which make financial transactions secure.
With the mid-term elections last Tuesday seeing the Democrats take back the House of Representatives, many are questioning what this means in terms of Trump’s tough policies on trade with China - will he be forced to back down?