Berger Logistik, Austrian transportation and logistics service has announced the acquisition of Idaho-based carrier Super T Transport Inc. Super T announced the sale of its shares to the international firm, which is partly owned by Red Bull. Berger Logistik will employ Super T to deliver products for its parent company,...
Imports into Los Angeles, America’s busiest port, fell 17% in August.
The Port of Los Angeles, America's busiest container gateway, is deviating from the national trend. Container imports into the United States are around record highs, but imports into Los Angeles are decreasing by double digits. The Port of Los Angeles reported total throughput of 805,672 twenty-foot equivalent units in August,...
China’s share of global trade growth will fall in the next five years, according to a report.
According to a report issued Thursday, China's share of global trade growth will fall by half over the next five years as enterprises diversify their international production and distribution networks and the country focuses more on expanding its local supply base. According to the analysis, which was created by New...