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A number of factors are converging to drive up trucking rates and tighten capacity including winter weather conditions, rising fuel costs, and the new Electronic Logging Device mandate, which is having the effect of reducing capacity, growing import volumes at US ports and a nationwide driver shortage.
Increasing regulation and a shortage of trucks is causing slowdowns in Canada’s intermodal supply chain. These challenges include regulations on electronic log devices in the US, infrastructure weakness and congestion, a shortage of drivers and increasing costs of operation. For beneficial cargo owners, the problems are being compounded by high service demand for hazardous, reefer […]
Several shipping lines have cancelled their services to and from Qatar and begun seeking new solutions for customers after the United Arab Emirates (UAE) extended a ban on vessels entering its ports under the Qatari flag to include vessels destined for or arriving from Qatar.
Qatar Ports Management Company has confirmed the opening of Hamad port in Qatar from the 1st December 2016. This port will replace Doha port. The last container vessel to operate at Doha port will be on 30th November 2016. Hamad port is located 40 km south of Doha, the capital of Qatar.
Cargo customers of Hanjin Shipping are facing possible delays to their containers following the Korean line’s decision to file for bankruptcy today after its creditors lost faith in its recovery plans. South Korea’s largest container shipping group today filed for court receivership after losing the support of its banks, raising the prospect of its assets […]