Net-zero bill boosts Europe’s decarbonization efforts for shipping The legislation adds advanced biofuels and e-fuels to a list of clean energy supported by the EU, which shipowners regard as a crucial step towards meeting the industry’s alternative fuel needs of the future. Net-zero bill boosts Europe’s decarbonization efforts for shipping Journal of Commerce
Read More →Net-zero bill boosts Europe’s decarbonization efforts for shipping
on April 26, 2024in Industry News
Breakbulk24: Pressure on capacity will shrink MPV/HL fleet: carriers
on April 26, 2024in Industry News
Breakbulk24: Pressure on capacity will shrink MPV/HL fleet: carriers Roughly one-third of the multipurpose and heavy-lift fleet is in position to be scrapped, while the industry demands larger vessels and carriers weigh which type of fuel will rule the day. Breakbulk24: Pressure on capacity will shrink MPV/HL fleet: carriers Journal of Commerce
Read More →Knight-Swift girds truckload operations, awaits ‘catalyst’ for market upturn
on April 25, 2024in Industry News
Knight-Swift girds truckload operations, awaits ‘catalyst’ for market upturn Cost and pricing pressures are tightening truckload margins, but Knight-Swift CEO Adam Miller sees supply and demand getting “closer to a balance.” Knight-Swift girds truckload operations, awaits ‘catalyst’ for market upturn Journal of Commerce
Read More →Breakbulk24: Shipping should watch for impact of elections on climate rules: S&P
on April 25, 2024in Industry News
Breakbulk24: Shipping should watch for impact of elections on climate rules: S&P The shipping industry is facing a prolonged period of geopolitical instability, attendees at the Journal of Commerce’s Breakbulk & Project Cargo Conference were told Thursday. Breakbulk24: Shipping should watch for impact of elections on climate rules: S&P Journal of Commerce
Read More →ODFL steers steadily toward LTL revival, citing manufacturing gains
on April 25, 2024in Industry News
ODFL steers steadily toward LTL revival, citing manufacturing gains The second-largest US LTL provider is protecting its “excess capacity,” and investing in terminals, equipment and people while waiting for improved freight demand. ODFL steers steadily toward LTL revival, citing manufacturing gains Journal of Commerce
Read More →Rate slide slows on Asia-Europe ocean trade, with hefty hikes set for May
on April 25, 2024in Industry News
Rate slide slows on Asia-Europe ocean trade, with hefty hikes set for May But major forwarders do not expect the Red Sea ship diversions to provide any meaningful lift in Asia-Europe rates beyond the second quarter. Rate slide slows on Asia-Europe ocean trade, with hefty hikes set for May Journal of Commerce
Read More →Opinions mixed on potential for disruption as ILA contract deadline inches closer
on April 25, 2024in Industry News
Opinions mixed on potential for disruption as ILA contract deadline inches closer The risk of a strike along the East and Gulf coasts stems from the ILA believing it is entitled to a fair share of the ocean carriers’ pandemic windfall of over $400 billion, as estimated by one industry analyst. Opinions mixed on potential […]
Read More →US freight recovery ‘likely within couple of months’: ACT Research
on April 24, 2024in Industry News
US freight recovery ‘likely within couple of months’: ACT Research With Class 8 truck orders dropping, ACT Research believes rising US freight demand will hit tightening truck capacity sooner rather than later. US freight recovery ‘likely within couple of months’: ACT Research Journal of Commerce
Read More →US freight recovery ‘likely in couple of months’: ACT Research
on April 24, 2024in Industry News
US freight recovery ‘likely in couple of months’: ACT Research With Class 8 truck orders dropping, ACT Research believes rising US freight demand will hit tightening truck capacity sooner rather than later. US freight recovery ‘likely in couple of months’: ACT Research Journal of Commerce
Read More →MSC targets booming vehicle carrier market with $700 million bid for Gram
on April 24, 2024in Industry News
MSC targets booming vehicle carrier market with 0 million bid for Gram The deal was announced to coincide with the release of Gram’s first-quarter results, which showed the car carrier market is continuing to boom with soaring charter rates, record vehicle exports from Asia and tight vessel capacity. MSC targets booming vehicle carrier market with […]
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