Logistics News Sept. 12, 2015

As ships get larger, traffic at smaller ports gets slower – The Port of Portland, Oregon exemplifies a side-effect of the dramatic increase in vessel size that’s occurred in the last several years. Fear of becoming irrelevant is driving billions of dollars in spending to enlarge and improve ports around the country. Read more here. (Wall Street Journal)

 

Seattle and Tacoma agree to joint port management – A joint port development authority will manage a large part of operations at the ports of Seattle and Tacoma. Read the story here. (Seattle Times)

 

COSCO, China Shipping merger talks to begin – The merger, which has been considered by many as inevitable, seems likely now that Beijing has ordered the two state owned ocean carriers to begin discussions. See the story here. (South China Morning Post)

 

US Diesel average $2.53 – The downward pressure on fuel prices continues. See here. (US EIA)

 

Fidelitone last-mile operation moves to Charlotte – The furniture logistics provider has completed the move, which increases warehouse square footage by half. See more here. (Furniture Today)

Ashley opens first Russian store – The first Ashley Home Store has opened in Russia. The home furnishings giant plans additional outlets in the former Soviet Union. See more here. (Furniture Today)

 

Bob’s Discount continues expansion with new PA location – The chain’s 63rd location has opened in Wyomissing, PA. Read the story here. (Furniture Today)

 

Port of Long Beach setting import records – It seems confidence in the port is high, or shippers see no alternative. Either way, August saw the highest number of containers transit the Southern California port in its history- a whopping 703, 652 TEUs. See details here. (AJOT)