NWSA terminals, ag exporters in talks to ensure efficient cargo flow Lower imports have prompted marine terminal operators on the US West Coast to cancel at least one work shift per week, something that has complicated cargo flow for exporters due to the resultant delays and higher transportation costs. NWSA terminals, ag exporters in talks […]
Read More →NWSA terminals, ag exporters in talks to ensure efficient cargo flow
on April 4, 2023in Industry News
Global car carriers see mixed outlook after stellar 2022
on April 4, 2023in Industry News
Global car carriers see mixed outlook after stellar 2022 Vehicle demand is expected to offset declining high-and-heavy volumes in 2023, according to car carriers. Global car carriers see mixed outlook after stellar 2022 Journal of Commerce
Read More →US regulators digging deeper into truck driver detention data
on April 4, 2023in Industry News
US regulators digging deeper into truck driver detention data As it studies truck driver detention, the Federal Motor Carrier Safety Administration hopes data from electronic logging devices may help pinpoint solutions for drivers, carriers, and shippers. US regulators digging deeper into truck driver detention data Journal of Commerce
Read More →Maersk adds new China-US flights to growing air cargo network
on April 4, 2023in Industry News
Maersk adds new China-US flights to growing air cargo network Maersk’s growing air cargo capacity is being used to plug gaps in connectivity in the carrier’s integrated end-to-end logistics offering. Maersk adds new China-US flights to growing air cargo network Journal of Commerce
Read More →High-flying trans-Atlantic air cargo volume posts March decline
on April 4, 2023in Industry News
High-flying trans-Atlantic air cargo volume posts March decline Steadily increasing volume on trans-Atlantic air freight routes ended in March as demand growth slowed for the first time in two years. High-flying trans-Atlantic air cargo volume posts March decline Journal of Commerce
Read More →Capacity cuts lifted Asia-Europe spot rates in late March
on April 4, 2023in Industry News
Capacity cuts lifted Asia-Europe spot rates in late March A slight rate bounce in Asia-Europe does not signal an improvement in demand, say forwarders, who expect a sustained increase in rates will only come with a restocking drive by European importers. Capacity cuts lifted Asia-Europe spot rates in late March Journal of Commerce
Read More →NY-NJ gets rail grant as port seeks to grow intermodal franchise
on April 3, 2023in Industry News
NY-NJ gets rail grant as port seeks to grow intermodal franchise The Port of New York and New Jersey aims to complete a project in the next two years designed to speed the movement of intermodal trains as other ports along the East Coast jockey for discretionary cargo. NY-NJ gets rail grant as port seeks […]
Read More →Carriers implement sailing cuts amid berth work at India’s JNPT
on April 3, 2023in Industry News
Carriers implement sailing cuts amid berth work at India’s JNPT On top of erratic berth availability at JNPT, ocean carriers have received a cost escalation blow with India’s national port regulator approving significant tariff hikes at two key terminals. Carriers implement sailing cuts amid berth work at India’s JNPT Journal of Commerce
Read More →CMA CGM air cargo deal with Air France-KLM takes off
on April 3, 2023in Industry News
CMA CGM air cargo deal with Air France-KLM takes off The 10-year partnership between Air France-KLM and CMA CGM will dramatically expand the available air cargo capacity and global network of the France-based fleet. CMA CGM air cargo deal with Air France-KLM takes off Journal of Commerce
Read More →Shipper savings to rocket in 2023 at expense of carrier profits: analysts
on April 3, 2023in Industry News
Shipper savings to rocket in 2023 at expense of carrier profits: analysts The normalization of container shipping markets on the major trade lanes out of Asia will slash carrier profits this year, but falling rate levels will also yield significant savings for shippers. Shipper savings to rocket in 2023 at expense of carrier profits: analysts […]
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