Spectacle of shipping disruptions overshadows manageable impact to cargo flow The shipping industry’s ability to overcome physical disruptions such as the Port of Baltimore’s closure shouldn’t lull it into complacency because growing geopolitical threats could provide new obstacles that can’t be as easily managed, writes Journal of Commerce Executive Editor Mark Szakonyi. Spectacle of shipping […]
Read More →Spectacle of shipping disruptions overshadows manageable impact to cargo flow
on April 10, 2024in Industry News
Spectacle of shipping disruptions overshadows manageable impact to cargo
on April 10, 2024in Industry News
Spectacle of shipping disruptions overshadows manageable impact to cargo The shipping industry’s ability to overcome physical disruptions such as the Port of Baltimore’s closure shouldn’t lull it into complacency because growing geopolitical threats could provide new obstacles that can’t be as easily managed, writes Journal of Commerce Executive Editor Mark Szakonyi. Spectacle of shipping disruptions […]
Read More →Shift to eBLs would mean big cut in carbon emissions: study
on April 10, 2024in Industry News
Shift to eBLs would mean big cut in carbon emissions: study The study, commissioned by the Global Shipping Business Network, comes amid a commitment by nine of the top 10 global ocean carriers to only use electronic bills of lading by 2030. Shift to eBLs would mean big cut in carbon emissions: study Journal of […]
Read More →Sustained demand for e-commerce to lift 2024 air cargo market: forwarders
on April 10, 2024in Industry News
Sustained demand for e-commerce to lift 2024 air cargo market: forwarders Chinese e-commerce marketplaces are rapidly expanding their global reach as strong demand from online shoppers in the US and Europe drives up air freight volumes and keeps transport capacity tight. Sustained demand for e-commerce to lift 2024 air cargo market: forwarders Journal of Commerce
Read More →Norfolk expands hours to handle cargo volumes shifted from Baltimore
on April 10, 2024in Industry News
Norfolk expands hours to handle cargo volumes shifted from Baltimore The US DOT has also offered some relief, granting an exemption that permits truck drivers to work an additional two hours of drive time beyond federal limits if the cargo is connected to the Port of Baltimore closure. Norfolk expands hours to handle cargo volumes […]
Read More →Lineage Logistics links US, Canadian cold storage networks with new service
on April 9, 2024in Industry News
Lineage Logistics links US, Canadian cold storage networks with new service A cross-border temperature-controlled truckload and LTL service will connect key facilities in the company’s North American cold-chain distribution network. Lineage Logistics links US, Canadian cold storage networks with new service Journal of Commerce
Read More →US retailers make big upgrade in H1 import forecast amid carrier capacity boost
on April 9, 2024in Industry News
US retailers make big upgrade in H1 import forecast amid carrier capacity boost Ocean carriers have signaled their belief that US consumer buying will remain strong into the second half of the year by announcing the launch or restart of 11 services involving the trans-Pacific and north-south trades. US retailers make big upgrade in H1 […]
Read More →Norfolk Southern ends East Palestine litigation with $600 million settlement
on April 9, 2024in Industry News
Norfolk Southern ends East Palestine litigation with 0 million settlement The railroad also revealed it expects its second-quarter revenue to be impacted by $50 million to $100 million due to the closure of the Port of Baltimore following the collapse of the Francis Scott Key Bridge. Norfolk Southern ends East Palestine litigation with 0 million […]
Read More →Slow uptake of green shipping services, but momentum building: Maersk
on April 9, 2024in Industry News
Slow uptake of green shipping services, but momentum building: Maersk While the carrier is celebrating a large increase in volume transported under its low-emission services, the substantial cost of alternative fuels compared to conventional bunkers remains a hurdle to the wider cargo-owning market. Slow uptake of green shipping services, but momentum building: Maersk Journal of […]
Read More →March job gains for trucking signal rebalancing in US freight markets
on April 8, 2024in Industry News
March job gains for trucking signal rebalancing in US freight markets US trucking companies hired more workers than expected last month as stronger manufacturing and service sectors are beginning to generate more freight. March job gains for trucking signal rebalancing in US freight markets Journal of Commerce
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