Wakeo lands fresh investment in far less heated freight visibility market The company, which caters to shippers like Uniqlo and Michelin, will use the new round of funding to spur a global expansion of its multimodal freight visibility product. Wakeo lands fresh investment in far less heated freight visibility market Journal of Commerce
Read More →Wakeo lands fresh investment in far less heated freight visibility market
on December 4, 2023in Industry News
THE Alliance diverts ships through Suez ahead of Panama Canal transit cuts
on December 1, 2023in Industry News
THE Alliance diverts ships through Suez ahead of Panama Canal transit cuts Liner operators in THE Alliance will switch transits on three services as low water levels on the Panama Canal reduce the number of ships that can use the main artery for container trade between the US East Coast and Asia. THE Alliance diverts […]
Read More →US truckload rates unlikely to see major holiday bump amid tepid peak season
on December 1, 2023in Industry News
US truckload rates unlikely to see major holiday bump amid tepid peak season As US port volumes remain lackluster, there is not as much freight to move on trucks, causing the market to stay relatively stagnant ahead of what typically is the busy holiday season. US truckload rates unlikely to see major holiday bump amid […]
Read More →Carrier CEOs issue COP28-linked statement urging action on energy transition
on December 1, 2023in Industry News
Carrier CEOs issue COP28-linked statement urging action on energy transition The rare joint statement reiterates earlier comments by container lines that a greenhouse gas pricing mechanism is needed to make green fuel competitive with traditional bunkers during the phase when both fuels will be in use. Carrier CEOs issue COP28-linked statement urging action on energy […]
Read More →MPV/HL carriers weigh costly, time-consuming alternatives to Panama Canal
on December 1, 2023in Industry News
MPV/HL carriers weigh costly, time-consuming alternatives to Panama Canal Low water restrictions and “exorbitant” costs for rare transit slots through the drought-hit waterway mean tramp breakbulk and heavy-lift carriers must use longer ocean routes, thus increasing voyage costs. MPV/HL carriers weigh costly, time-consuming alternatives to Panama Canal Journal of Commerce
Read More →Swire Projects launches project cargo liner service to avoid Panama Canal delays
on December 1, 2023in Industry News
Swire Projects launches project cargo liner service to avoid Panama Canal delays The service was previously operated on an ad hoc basis but is being upgraded due to growing demand for breakbulk and project cargo into the US West Coast to avoid restrictions and delays through the drought-hit waterway. Swire Projects launches project cargo liner […]
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