HMM boosts India-USEC capacity by signing onto ONE’s new WIN service HMM has opened an array of connections out of India in recent years, including the launch last August of a solo, 12-vessel string connecting the Far East, the Middle East and the Mediterranean. HMM boosts India-USEC capacity by signing onto ONE’s new WIN service […]
Read More →HMM boosts India-USEC capacity by signing onto ONE’s new WIN service
on January 5, 2024in Industry News
Red Sea attacks tackle high capacity-low rate challenge for carriers
on January 5, 2024in Industry News
Red Sea attacks tackle high capacity-low rate challenge for carriers Some analysts are reassessing their outlook for the container shipping industry as the Red Sea crisis absorbs capacity and pushes rate levels higher on the Europe and US East Coast trade lanes out of Asia. Red Sea attacks tackle high capacity-low rate challenge for carriers […]
Read More →MSC, CMA CGM look to push stagnant trans-Atlantic rates higher
on January 5, 2024in Industry News
MSC, CMA CGM look to push stagnant trans-Atlantic rates higher Rates on the head-haul corridor have been at loss-making levels for the last few months, so carriers are trying to get prices up to what they consider more sustainable levels. MSC, CMA CGM look to push stagnant trans-Atlantic rates higher Journal of Commerce
Read More →Gulf Coast ports eyeing expansion amid ‘modest’ growth forecast
on January 5, 2024in Industry News
Gulf Coast ports eyeing expansion amid ‘modest’ growth forecast Although they were unable to completely escape last year’s downturn, ports in the region recorded import declines that were well below the national average. Gulf Coast ports eyeing expansion amid ‘modest’ growth forecast Journal of Commerce
Read More →3PL Kenco expands warehousing reach in key US markets
on January 4, 2024in Industry News
3PL Kenco expands warehousing reach in key US markets The acquisition of The Shippers Group gives Kenco greater distribution capacity and underscores resilient demand for space and integrated logistics services despite a weak freight market. 3PL Kenco expands warehousing reach in key US markets Journal of Commerce
Read More →US chassis demand tepid amid ample units, additional manufacturers
on January 4, 2024in Industry News
US chassis demand tepid amid ample units, additional manufacturers Chassis lessors must work quickly to be prepared to unstack units when the international intermodal market rebounds. US chassis demand tepid amid ample units, additional manufacturers Journal of Commerce
Read More →Rerouted Asia-Europe voyages to cause space, equipment shortages
on January 4, 2024in Industry News
Rerouted Asia-Europe voyages to cause space, equipment shortages Difficulties in finding vessel capacity and empty containers as ship voyages are extended will join rising rate levels on the growing list of supply chain issues faced by shippers. Rerouted Asia-Europe voyages to cause space, equipment shortages Journal of Commerce
Read More →Ocean carriers playing catch up in reducing risk of lithium-ion fires on ships
on January 4, 2024in Industry News
Ocean carriers playing catch up in reducing risk of lithium-ion fires on ships The shipping industry, while acknowledging the batteries are here to stay and can’t be banned as cargo, is lagging behind in coming to terms with risks that remain poorly understood. Ocean carriers playing catch up in reducing risk of lithium-ion fires on […]
Read More →Yellow terminal auction redrawing US LTL map as pricing surge subsides
on January 3, 2024in Industry News
Yellow terminal auction redrawing US LTL map as pricing surge subsides With more than 160 facilities still on the auction block, a sizable amount of less-than-truckload capacity once provided by Yellow is up for grabs as the trucking market slows in early 2024. Yellow terminal auction redrawing US LTL map as pricing surge subsides Journal […]
Read More →Port of Baltimore names ex-Everglades CEO as new executive director
on January 3, 2024in Industry News
Port of Baltimore names ex-Everglades CEO as new executive director Jonathan Daniels will take the port’s helm in early February, with construction of the Sparrows Point Container Terminal atop his list of priorities. Port of Baltimore names ex-Everglades CEO as new executive director Journal of Commerce
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