THE Alliance adjusts 2024 network amid Panama Canal restrictions Next year’s schedule will see two services that were suspended in 2023 remain offline, but two Asia-US services will be restored and new port calls added overall. THE Alliance adjusts 2024 network amid Panama Canal restrictions Journal of Commerce
Read More →THE Alliance adjusts 2024 network amid Panama Canal restrictions
on December 13, 2023in Industry News
Truckers fighting ILWU, LA-LB terminal operators over chassis paperwork proposal
on December 13, 2023in Industry News
Truckers fighting ILWU, LA-LB terminal operators over chassis paperwork proposal Truckers say implementing the measure would push average truck turn times in Los Angeles and Long Beach, already among the highest in the US, even higher. Truckers fighting ILWU, LA-LB terminal operators over chassis paperwork proposal Journal of Commerce
Read More →Panama Canal congestion, Red Sea ‘war risk’ premium complicating MPV outlook
on December 13, 2023in Industry News
Panama Canal congestion, Red Sea ‘war risk’ premium complicating MPV outlook Voyage diversions needed to avoid Panama Canal drought restrictions and the increasingly risky Red Sea route will remove multipurpose and heavy-lift capacity from the global fleet, which in turn is likely to slow the rate slide seen during 2023, analysts say. Panama Canal congestion, […]
Read More →Rise in trans-Pacific air freight rates tempered by weak underlying market
on December 13, 2023in Industry News
Rise in trans-Pacific air freight rates tempered by weak underlying market Rates on the eastbound trans-Pacific are at levels not seen since September 2022, but the indicators suggest the market strength will not extend too far into 2024. Rise in trans-Pacific air freight rates tempered by weak underlying market Journal of Commerce
Read More →North Carolina port expands reefer operations with cold treatment facility
on December 12, 2023in Industry News
North Carolina port expands reefer operations with cold treatment facility The facility sets up the Port of Wilmington to become a key point of entry for importers of refrigerated blueberries, grapes, apples, pears, citrus and a broad variety of organics. North Carolina port expands reefer operations with cold treatment facility Journal of Commerce
Read More →Shifting geopolitics, climate and labor ratchet up risk for container shipping
on December 12, 2023in Industry News
Shifting geopolitics, climate and labor ratchet up risk for container shipping Container shipping is hardly the only industry to feel the impact of organized labor’s bargaining power, nor is it unique in dealing with heightened geopolitical flashpoints or regulatory pressures tied to decarbonization, writes Journal of Commerce Executive Editor Mark Szakonyi. Shifting geopolitics, climate and […]
Read More →Shifting geopolitics, climate and labor rachet up risk for container shipping
on December 12, 2023in Industry News
Shifting geopolitics, climate and labor rachet up risk for container shipping Container shipping is hardly the only industry to feel the impact of organized labor’s bargaining power, nor is it unique in dealing with heightened geopolitical flashpoints or regulatory pressures tied to decarbonization, writes Journal of Commerce Executive Editor Mark Szakonyi. Shifting geopolitics, climate and […]
Read More →Overcapacity, larger ships mean challenges for carriers, pain for shippers
on December 12, 2023in Industry News
Overcapacity, larger ships mean challenges for carriers, pain for shippers It’s looking like 2024 will follow a familiar script for container shipping, with ocean carriers facing down market challenges by taking action that typically disadvantages their customers, writes Peter Tirschwell. Overcapacity, larger ships mean challenges for carriers, pain for shippers Journal of Commerce
Read More →India-US carriers raise GRI hopes for 2024 amid export rebound signs
on December 12, 2023in Industry News
India-US carriers raise GRI hopes for 2024 amid export rebound signs Despite Indian exports picking up, there is skepticism about a rosier 2024 in the wake of multiple potentially disruptive events unfolding in the container shipping industry, including Panama Canal restrictions and recent attacks on commercial shipping in the Red Sea. India-US carriers raise GRI […]
Read More →Software vendors seek opportunities in the smaller corners of logistics
on December 11, 2023in Industry News
Software vendors seek opportunities in the smaller corners of logistics Cost and long implementation timelines are among the reasons software has been out of reach for smaller shippers, brokers and carriers, a dynamic that newer solutions providers are attempting to change. Software vendors seek opportunities in the smaller corners of logistics Journal of Commerce
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