Fresh geopolitical stress puts supply chain resilience back in the spotlight: analyst The existing overcapacity in the market has provided the resilience required to handle a potential prolonged blockage of the Suez Canal, says analyst Lars Jensen, who wonders if stakeholders are willing to pay higher freight rates to maintain that safety net. Fresh geopolitical […]
Read More →Fresh geopolitical stress puts supply chain resilience back in the spotlight: analyst
on October 17, 2023in Industry News
Norfolk continues to drive warehousing boom in Southeast US
on October 16, 2023in Industry News
Norfolk continues to drive warehousing boom in Southeast US Demand for industrial warehousing is surging along the Southeast US, with Virginia attracting more than 11 million square feet in the last three years. Norfolk continues to drive warehousing boom in Southeast US Journal of Commerce
Read More →Labor peace drives West Coast rebound in market share of Asian imports
on October 16, 2023in Industry News
Labor peace drives West Coast rebound in market share of Asian imports Discretionary cargo is returning to the West Coast as the confidence of retailers is boosted by ratification of the longshore labor contract in late August and the ability of the ports to immediately handle more cargo. Labor peace drives West Coast rebound in […]
Read More →US wind industry navigates deep waters to meet ambitious offshore target
on October 16, 2023in Industry News
US wind industry navigates deep waters to meet ambitious offshore target Meeting the Biden administration’s target of 30 gigawatts of offshore wind energy installed by 2030 will require floating offshore wind, which means building new, specialized port facilities to facilitate development in much deeper waters. US wind industry navigates deep waters to meet ambitious offshore […]
Read More →Global shippers take lead in drive for green ocean transport
on October 16, 2023in Industry News
Global shippers take lead in drive for green ocean transport Encouraging cargo owners to pay more for green ocean services remains a challenge, but carriers are reporting growing momentum from shippers aiming to cut Scope 3 emissions. Global shippers take lead in drive for green ocean transport Journal of Commerce
Read More →CMA CGM’s NY-NJ ‘home’ offers it Southeast Asia trade growth: Saade
on October 13, 2023in Industry News
CMA CGM’s NY-NJ ‘home’ offers it Southeast Asia trade growth: Saade CMA CGM Chairman Rodolphe Saade said he’s seeing more customer demand than ever for Southeast Asia services that will eventually call at the carrier’s two recently acquired terminals at the Port of New York and New Jersey. CMA CGM’s NY-NJ ‘home’ offers it Southeast […]
Read More →Forwarders facing margin pressure from smaller shipments, shift of air to ocean
on October 13, 2023in Industry News
Forwarders facing margin pressure from smaller shipments, shift of air to ocean Shipments are getting smaller over time, driven in part by e-commerce growth, but also by a market that is disentangling cargo previously handled through air or ocean consolidation. Forwarders facing margin pressure from smaller shipments, shift of air to ocean Journal of Commerce
Read More →Texas starts truck inspections at Laredo bridge amid cross-border delays
on October 13, 2023in Industry News
Texas starts truck inspections at Laredo bridge amid cross-border delays State truck inspections are adding to existing problems clearing rising amounts of freight entering the US from Mexico as migrant numbers arriving at the US border surge. Texas starts truck inspections at Laredo bridge amid cross-border delays Journal of Commerce
Read More →Savannah seeks new dredging project to attract larger ships, India cargo
on October 13, 2023in Industry News
Savannah seeks new dredging project to attract larger ships, India cargo Deepening Savannah’s shipping channel, which would take about 10 years to complete, would put the port on par with other major Southeast ports like Charleston and Norfolk. Savannah seeks new dredging project to attract larger ships, India cargo Journal of Commerce
Read More →Air cargo demand out of Asia puts spot rates on upward path, for now
on October 13, 2023in Industry News
Air cargo demand out of Asia puts spot rates on upward path, for now The last two months have been good for the air cargo market on export trade lanes out of Asia, but there remains considerable uncertainty whether the positive momentum will continue. Air cargo demand out of Asia puts spot rates on upward […]
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