Greek operator Neptune orders two 4,200-unit car carriers in fleet expansion move The Greek carrier’s dual-fuel newbuildings will be the first in a series of vessels to be delivered over the next decade. Greek operator Neptune orders two 4,200-unit car carriers in fleet expansion move Journal of Commerce
Read More →Greek operator Neptune orders two 4,200-unit car carriers in fleet expansion move
on September 12, 2023in Industry News
Bed Bath & Beyond files FMC complaint against Yang Ming in capacity dispute
on September 12, 2023in Industry News
Bed Bath & Beyond files FMC complaint against Yang Ming in capacity dispute The new allegation against Yang Ming comes less than a week after the carrier settled a dispute with another US importer, also over allegations it failed to honor vessel capacity commitments. Bed Bath & Beyond files FMC complaint against Yang Ming in […]
Read More →Yang Ming settles with importer in dispute over capacity commitments
on September 12, 2023in Industry News
Yang Ming settles with importer in dispute over capacity commitments The carrier has settled a second case with the Federal Maritime Commission involving contracted vessel space, this time over allegations it refused an importer’s cargo in the second half of 2021. Yang Ming settles with importer in dispute over capacity commitments Journal of Commerce
Read More →Rapid rail transit via sanctions-hit Russia has limited appeal for European shippers
on September 12, 2023in Industry News
Rapid rail transit via sanctions-hit Russia has limited appeal for European shippers Sanctions imposed on Moscow following its invasion of Ukraine continue to limit the attractiveness of transport times as low as 12 days offered by forwarders on the China-North Europe rail network. Rapid rail transit via sanctions-hit Russia has limited appeal for European shippers […]
Read More →Domestic intermodal showing more downside risk for balance of year: analyst
on September 12, 2023in Industry News
Domestic intermodal showing more downside risk for balance of year: analyst If the looming strike against the “big three” US automakers comes to pass, then domestic intermodal will surely take another big hit in an environment where there are certainly more downside risks than upside potential for the rest of 2023, writes analyst Larry Gross. […]
Read More →Flexport lost touch with customers under brief Clark reign: Petersen
on September 12, 2023in Industry News
Flexport lost touch with customers under brief Clark reign: Petersen Flexport founder and CEO Ryan Petersen refused to pin the blame for the company’s abrupt change in leadership on waning freight demand, saying the forwarder “has been through worse macro environments.” Flexport lost touch with customers under brief Clark reign: Petersen Journal of Commerce
Read More →C.H. Robinson opens new Laredo facility amid boom in US-Mexico freight
on September 11, 2023in Industry News
C.H. Robinson opens new Laredo facility amid boom in US-Mexico freight Steady gains in US-Mexico cross-border truck freight have spurred the logistics provider to open a 400,000-square-foot cross-dock warehouse in Laredo, a US border entry point already bursting with freight. C.H. Robinson opens new Laredo facility amid boom in US-Mexico freight Journal of Commerce
Read More →US cold storage supply struggling with costs, aging facilities amid high demand
on September 11, 2023in Industry News
US cold storage supply struggling with costs, aging facilities amid high demand Investors aren’t lining up to sink money into aging facilities, given that warehouses built in the last 20 to 40 years require nearly 50% more energy consumption and double the maintenance costs than newbuilds. US cold storage supply struggling with costs, aging facilities […]
Read More →SSA aims for US Gulf, Southeast port growth as Ceres deal closes: CEO
on September 11, 2023in Industry News
SSA aims for US Gulf, Southeast port growth as Ceres deal closes: CEO The head of terminal operator SSA Marine says ports along the US Gulf and Southeast have a strong cost advantage over the West Coast that is fueling their growth, with that gap only expected to widen. SSA aims for US Gulf, Southeast […]
Read More →Minor peak season expected in domestic intermodal market: Hub Group
on September 8, 2023in Industry News
Minor peak season expected in domestic intermodal market: Hub Group The intermodal provider’s CEO believes there will be a small peak season between now and early November despite data from the US Surface Transportation Board showing volumes are down compared with last year. Minor peak season expected in domestic intermodal market: Hub Group Journal of […]
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