Panama Canal slashes capacity again
Background
Parcel fulfilment is more technologically advanced than ever before. New solutions hit the market on a regular basis, and shippers have access to an endless array of tools promising to help them meet the growing demand of today’s consumers.
Emerging technologies can help shippers grow their businesses. Before you consider investing, be sure to have rock-solid fundamentals in place. For modern shippers, the first step to improving profitability lies in understanding their own operations – including knowing what items they are shipping and how those items should be packed.
When companies become more knowledgeable about their shipments, they often discover packing inefficiencies. Correcting those inefficiencies can be a serious source of cost savings. In fact, making minor changes can save shippers millions of dollars.
The launch of the Black Sea Turkey Service (BTS) by Ocean Network Express (ONE) represents a significant development in maritime transportation,...
1 min read
Last month, the wait time for non-booked vessels at the Panama Canal increased by 44% to 59% due to a prolonged drought. The canal authority imposed...