This month, Bangladesh’s finance minister announced plans to construct a floating terminal to alleviate the congestion that is crippling Chittagong, the country’s largest port. The concept is one of several bold steps the Bangladeshi government, private sector, and regional allies are considering to eliminate the bottleneck that is threatening Bangladesh’s burgeoning economy and costing shippers […]
Wal-Mart is launching its “On-Time, In-Full” (OTIF) initiative this month, putting the squeeze on shippers and truckers and likely starting an industry-wide push towards tighter delivery windows. OTIF demands that truckload deliveries arrive with 100 percent of the promised cargo, and be delivered on the “must-arrive-by” date 75 percent of the time (95 percent by […]
Congress is eyeing changes to the Shipping Act in an effort to support domestic service providers in rate negotiations with carrier alliances. The tugboat industry has led the charge in protesting the alliances’ plan to jointly negotiate for contracts, which they maintain would foster an anti-competitive environment and force them to accept non-compensatory rates for […]