Carriers push Indian rates higher as Suez crisis muddles US, Europe routings After holding rates firm at end-November levels into the first week of December, major container lines have pushed short-term contract pricing substantially higher for Indian bookings in the last few days. Carriers push Indian rates higher as Suez crisis muddles US, Europe routings […]
Read More →Carriers push Indian rates higher as Suez crisis muddles US, Europe routings
on December 20, 2023in Industry News
DHL, Teamsters agree on tentative pact, ending Cincinnati hub strike
on December 19, 2023in Industry News
DHL, Teamsters agree on tentative pact, ending Cincinnati hub strike Workers loading and unloading planes at DHL Express’s Cincinnati-Kentucky hub will get higher wages and better benefits in a deal that ends a strike that threatened to disrupt the carrier’s US operations. DHL, Teamsters agree on tentative pact, ending Cincinnati hub strike Journal of Commerce
Read More →Red Sea crisis escalates as US, partners unveil naval task force in region
on December 19, 2023in Industry News
Red Sea crisis escalates as US, partners unveil naval task force in region Five of the world’s top 10 ocean carriers have so far announced diversions away from the Red Sea, and the carrier announcements suggest there is growing acceptance that this crisis will be open-ended. Red Sea crisis escalates as US, partners unveil naval […]
Read More →Calmer supply chains, soft demand boosting on-time package deliveries in US
on December 19, 2023in Industry News
Calmer supply chains, soft demand boosting on-time package deliveries in US UPS and FedEx are delivering more packages on time this holiday season, helped by no shortage of capacity in the modes that feed their networks, while Amazon, Walmart and others build out delivery capabilities. Calmer supply chains, soft demand boosting on-time package deliveries in […]
Read More →Deutsche Bahn launches long-awaited sales process for DB Schenker unit
on December 19, 2023in Industry News
Deutsche Bahn launches long-awaited sales process for DB Schenker unit Those making offers – which analysts say could top $20 billion – are expected to be a list of major global forwarders including DSV, Kuehne + Nagel and DHL Global Forwarding. Deutsche Bahn launches long-awaited sales process for DB Schenker unit Journal of Commerce
Read More →Questions raised over winning bidder for controlling stake in HMM
on December 19, 2023in Industry News
Questions raised over winning bidder for controlling stake in HMM The South Korean carrier has settled on an offer from a consortium led by poultry producer Harim Group, but there are doubts over the buyer’s ability to manage a global shipping line. Questions raised over winning bidder for controlling stake in HMM Journal of Commerce
Read More →Latest Texas border closures cloud reliability of Mexico-US intermodal service
on December 18, 2023in Industry News
Latest Texas border closures cloud reliability of Mexico-US intermodal service Intermodal marketing companies told the Journal of Commerce they are concerned about their ability to sell rail options to shippers if there is a prolonged closure at Eagle Pass and El Paso. Latest Texas border closures cloud reliability of Mexico-US intermodal service Journal of Commerce
Read More →US goal of 30 GW of offshore wind energy by 2030 slipping out of reach: analysts
on December 18, 2023in Industry News
US goal of 30 GW of offshore wind energy by 2030 slipping out of reach: analysts The US offshore wind buildout will be a boon for Jones Act vessels in the long run, but current equipment shortages, high costs and the restrictive effects of cabotage laws are hampering initial construction. US goal of 30 GW […]
Read More →US goal of 30 GW of offshore wind energy by 2030 moving out of reach: analysts
on December 18, 2023in Industry News
US goal of 30 GW of offshore wind energy by 2030 moving out of reach: analysts The US offshore wind buildout will be a boon for Jones Act vessels in the long run, but current equipment shortages, high costs and the restrictive effects of cabotage laws are hampering initial construction. US goal of 30 GW […]
Read More →Red Sea rerouting to raise ocean rates, absorb capacity: analysts
on December 18, 2023in Industry News
Red Sea rerouting to raise ocean rates, absorb capacity: analysts While moves to send ships around Africa in response to the Red Sea attacks may be driven by safety concerns, the rate hikes that will accompany the emergency action will be welcomed by carriers in the loss-making trade lane. Red Sea rerouting to raise ocean […]
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