Panjiva said that this marks the worst start to a new year since it began tracking this data in 2007.
Los Angeles Mayor Eric Garcetti and Long Beach Mayor Robert Garcia thanked the International Longshore Workers Union and the Pacific Maritime Association for heeding their call to resolve the labor dispute, and announced plans f to collaborate on a series of initiatives designed to meet the changing dynamics of seaborne trade and the impacts of those changes on cargo flow through the nation’s largest trade gateway.
Working with research partner, The Economist Intelligence Unit, the IBM Institute for Business Value surveyed 1,023 global procurement executives from 41 countries in North America, Europe and Asia.
A new report from Chicago-based freight transportation and logistics consultancy CarrierDirect, entitled “Eat or Be Eaten: The Year of Separation in Freight,” takes a deep dive into various aspects of current market trends on freight transportation and logistics.
The epic-length labor contract negotiations between U.S. dockworkers and management on the West Coast took its toll among shippers of perishable commodities last season, but the supply chains of other industries were also severely disrupted.