International shipping industry news? You’ll find it in Global Trade. Check out trade articles about ocean carriers and port destinations.
Ocean carriers have become the standard for connecting trading partners from different geographies, especially when large volumes of freight must be sent over significant distances. Freight costs on carriers are among the lowest available, making these remarkable ocean liners the preferred choice for shipments that are not adversely impacted by a longer transportation time – anywhere from 10 to 30 days. However, maintaining these lower costs has been a challenge in an asset-heavy, highly competitive industry that requires considerable financial investment – not just in the ships themselves, but in fuel and carriers as well. This may be one reason why many major carriers have expanded their services to also incorporate freight consolidation, warehousing, and truck and rail service, so shipments can literally now be made door-to-door rather than port-to-port.
Achieves Record-Breaking Year In Pier Containers, Intermodal Volumes, and Inland Port Greer Rail Lifts
South Carolina Ports Authority posted significant growth across multiple business segments in fiscal year 2017, exceeding aggressive financial plans for containerized cargo, breakbulk tonnage, and rail volumes. SCPA handled 2.14 million twenty-foot equivalent units in FY2017, an increase of 10 percent over the previous year and an all-time high volume for the port. Over 1.21… Read More
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