Europe’s ETS creating new contractual complexities for shipping industry Finding a way to incorporate Europe’s emissions regulations into contracts between those in the shipping value chain is taxing the industry’s financial minds with just eight months to go before the rule is implemented. Europe’s ETS creating new contractual complexities for shipping industry Journal of Commerce
Read More →Europe’s ETS creating new contractual complexities for shipping industry
on May 3, 2023in Industry News
Crowley, CN strike Mexico intermodal deal through Port of Mobile
on May 2, 2023in Industry News
Crowley, CN strike Mexico intermodal deal through Port of Mobile Jones Act carrier Crowley will offer a new international container service from Mexico’s Gulf Coast into Mobile that will use Canadian National for inland reach to the US Midwest and Canada. Crowley, CN strike Mexico intermodal deal through Port of Mobile Journal of Commerce
Read More →GRI attempts yield partial recovery success for India-US carriers
on May 2, 2023in Industry News
GRI attempts yield partial recovery success for India-US carriers Forwarders generally believe the limited GRI gains that have been achieved or are anticipated in the coming weeks on the India-US trades will be short-lived unless more capacity is withdrawn or a large increase in volumes occurs. GRI attempts yield partial recovery success for India-US carriers […]
Read More →Drayage rates fall sharply amid downturn in NY-NJ port volumes
on May 2, 2023in Industry News
Drayage rates fall sharply amid downturn in NY-NJ port volumes New York-New Jersey port truckers who worked five days per week last year are now down to about half that amount, sending spot drayage rates well below levels seen in 2021 and 2022. Drayage rates fall sharply amid downturn in NY-NJ port volumes Journal of […]
Read More →TFI targets smaller LTL carriers for acquisition in US, Canada
on May 2, 2023in Industry News
TFI targets smaller LTL carriers for acquisition in US, Canada Canada’s largest trucking holding company is acquiring smaller LTL operators on both sides of the US border, expanding its network and services via “tuck-ins” in a soft freight market. TFI targets smaller LTL carriers for acquisition in US, Canada Journal of Commerce
Read More →Vessel reliability gained in March amid still-declining volumes: Sea-Intelligence
on May 1, 2023in Industry News
Vessel reliability gained in March amid still-declining volumes: Sea-Intelligence With cargo volumes dropping in most of the global trade lanes, supply chain bottlenecks that had contributed to deteriorating vessel schedule reliability in 2021-22 are no longer a major problem this year. Vessel reliability gained in March amid still-declining volumes: Sea-Intelligence Journal of Commerce
Read More →Bed Bath & Beyond looks to recoup millions from OOCL in FMC complaint
on May 1, 2023in Industry News
Bed Bath & Beyond looks to recoup millions from OOCL in FMC complaint The now-bankrupt retailer alleges the ocean carrier failed to provide the full vessel space it contracted for, then charged much-higher premiums to ensure its cargo wasn’t rolled. Bed Bath & Beyond looks to recoup millions from OOCL in FMC complaint Journal of […]
Read More →Bankrupt Bed Bath & Beyond looks to recoup millions from OOCL in FMC complaint
on May 1, 2023in Industry News
Bankrupt Bed Bath & Beyond looks to recoup millions from OOCL in FMC complaint The retailer alleges the ocean carrier failed to provide the full vessel space it contracted for, then charged much-higher premiums to ensure its cargo wasn’t rolled. Bankrupt Bed Bath & Beyond looks to recoup millions from OOCL in FMC complaint Journal […]
Read More →Bankrupt Bed Bath & Beyond looks to recoup millions from OOCL in new FMC complaint
on May 1, 2023in Industry News
Bankrupt Bed Bath & Beyond looks to recoup millions from OOCL in new FMC complaint The retailer alleges the ocean carrier failed to provide the full vessel space it contracted for, then charged much-higher premiums to ensure its cargo wasn’t rolled. Bankrupt Bed Bath & Beyond looks to recoup millions from OOCL in new FMC […]
Read More →NS to require appointments to pick up boxes at Memphis terminal
on May 1, 2023in Industry News
NS to require appointments to pick up boxes at Memphis terminal Norfolk Southern Railway will institute a mandatory appointment system for truckers handling ocean containers at its Memphis terminal and plans to expand the requirement to Atlanta before the end of the year. NS to require appointments to pick up boxes at Memphis terminal Journal […]
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