No ‘green shoots’ of demand until at least mid-year: ONE’s Nixon High inventories, falling consumption in key markets and an influx of capacity from recovering supply chains pulled down fiscal year earnings at Ocean Network Express. No ‘green shoots’ of demand until at least mid-year: ONE’s Nixon Journal of Commerce
Read More →Boost in container ship capacity puts end to MPV spillover market
on April 28, 2023in Industry News
Boost in container ship capacity puts end to MPV spillover market Cargoes “unboxed” during the pandemic market are sliding back to container carriers on the hunt for volumes to fill their ships, while excess containers on MPV ships have disappeared. Boost in container ship capacity puts end to MPV spillover market Journal of Commerce
Read More →Changing of the guard in the works at BBC Chartering USA
on April 27, 2023in Industry News
Changing of the guard in the works at BBC Chartering USA Tim Kopfensteiner will become president of MPV carrier BBC Chartering’s US operations following Per Petersen’s retirement later this year. Changing of the guard in the works at BBC Chartering USA Journal of Commerce
Read More →Recent GRI success hastens signing of 2023-24 trans-Pac service contracts
on April 27, 2023in Industry News
Recent GRI success hastens signing of 2023-24 trans-Pac service contracts When it became apparent the carriers’ recent GRI had succeeded in bumping up spot rates by several hundred dollars, sources say customers moved to sign their contracts out of concern that rates would only go higher the longer they waited. Recent GRI success hastens signing […]
Read More →USDOT opens $160 million in funding to cut emissions from port truck idling
on April 27, 2023in Industry News
USDOT opens 0 million in funding to cut emissions from port truck idling Funds will go to projects that focus on reducing emissions from port-related truck idling, particularly in communities adjacent to ports. USDOT opens 0 million in funding to cut emissions from port truck idling Journal of Commerce
Read More →DSV eases pain of Q1 volume, profit drop with focus on high-yielding cargo
on April 27, 2023in Industry News
DSV eases pain of Q1 volume, profit drop with focus on high-yielding cargo CEO Jens Bjørn Andersen couched the year-on-year downswing as all part of the normalization of cargo markets as they continue to reset from the heavily disrupted supply chains of the past two years. DSV eases pain of Q1 volume, profit drop with […]
Read More →Jaxport looks to redevelop land at Talleyrand terminal
on April 27, 2023in Industry News
Jaxport looks to redevelop land at Talleyrand terminal Jaxport is seeking a new tenant or tenants for a 79-acre parcel at the Talleyrand Marine Terminal in preparation for Toyota vacating the property in 2025. Jaxport looks to redevelop land at Talleyrand terminal Journal of Commerce
Read More →Broad reshaping of detention, demurrage billing possible in FMC rulemaking
on April 27, 2023in Industry News
Broad reshaping of detention, demurrage billing possible in FMC rulemaking The FMC is poised to implement potentially far-reaching changes in how detention and demurrage fees are assessed, a move that could cloud how to incentivize the movement of cargo through US marine terminals. Broad reshaping of detention, demurrage billing possible in FMC rulemaking Journal of […]
Read More →MSC slows ships, adds Mobile to Latin America-Gulf Coast service
on April 26, 2023in Industry News
MSC slows ships, adds Mobile to Latin America-Gulf Coast service The use of slow steaming, which will also reduce emissions, is one method for MSC to absorb more ships coming into its fleet this year without adding more weekly capacity. MSC slows ships, adds Mobile to Latin America-Gulf Coast service Journal of Commerce
Read More →MSC slows ships, adds Mobile to LatAm-Gulf Coast service
on April 26, 2023in Industry News
MSC slows ships, adds Mobile to LatAm-Gulf Coast service The use of slow steaming, which will also reduce emissions, is one method for MSC to absorb more ships coming into its fleet this year without adding more weekly capacity. MSC slows ships, adds Mobile to LatAm-Gulf Coast service Journal of Commerce
Read More →Recent Posts
-
US DOT awards $148 million in grants to lower truc…
US DOT awards 8 million in grants to lower truck p…
-
US CBP clears chassis maker CIE in case alleging t…
US CBP clears chassis maker CIE in case alleging t…
-
Bad weather causing delays, congestion at major As…
Bad weather causing delays, congestion at major As…
-
Knight-Swift to open 32 LTL terminals in 2024, exp…
Knight-Swift to open 32 LTL terminals in 2024, exp…
-
Shippers won’t see intermodal contract hikes until…
Shippers won’t see intermodal contract hikes until…