India-US carriers lower spot rates for end-March sailings to push bookings As the market softens, carriers have jettisoned previously announced rate activity for March, with Mediterranean Shipping Co. canceling a $1,000-per-container general rate increase and CMA CGM again postponing a peak season surcharge. India-US carriers lower spot rates for end-March sailings to push bookings Journal […]
Read More →India-US carriers lower spot rates for end-March sailings to push bookings
on March 20, 2024in Industry News
Regulators must take slower approach to mandating green trucks: trade groups
on March 19, 2024in Industry News
Regulators must take slower approach to mandating green trucks: trade groups Members of the Clean Freight Coalition say they aren’t opposed to converting from diesel to electric vehicles, but argue that regulators are pushing timelines that are too aggressive and will cause supply chain disruptions and higher prices. Regulators must take slower approach to mandating […]
Read More →BNSF, UP working through rail container backlogs in Southern California
on March 19, 2024in Industry News
BNSF, UP working through rail container backlogs in Southern California The railroads say they are deploying more intermodal railcars to Los Angeles-Long Beach and adjusting their operations so marine terminals can clear out rail containers and reduce dwell times following strong import volumes early this year. BNSF, UP working through rail container backlogs in Southern […]
Read More →THE Alliance restores two trans-Pacific services as Asia imports jump
on March 19, 2024in Industry News
THE Alliance restores two trans-Pacific services as Asia imports jump US imports from Asia last month were up 40% over February 2023, the biggest year-over-year jump for any month since May 2021. THE Alliance restores two trans-Pacific services as Asia imports jump Journal of Commerce
Read More →Seafarer unions declare Red Sea, Gulf of Aden ‘warlike’ no-go areas
on March 19, 2024in Industry News
Seafarer unions declare Red Sea, Gulf of Aden ‘warlike’ no-go areas The deaths of three bulk carrier crew in early March has spurred an international body representing seafarers to downgrade the busy shipping lanes from “high risk” to “warlike” and has urged all carriers to avoid sailing through the region. Seafarer unions declare Red Sea, […]
Read More →dship Carriers adds to MPV order book with larger, more fuel-efficient vessels
on March 18, 2024in Industry News
dship Carriers adds to MPV order book with larger, more fuel-efficient vessels Tougher environmental rules are expected to drive more MPV scrapping even as the order book expands thanks to new MPV and open-hatch ship orders. dship Carriers adds to MPV order book with larger, more fuel-efficient vessels Journal of Commerce
Read More →Sharp slide in spot rates provides background to trans-Pacific contract talks
on March 18, 2024in Industry News
Sharp slide in spot rates provides background to trans-Pacific contract talks This year’s annual service contract negotiations are occurring amid the latest disruption in container shipping as vessels divert away from the Red Sea and Suez Canal to avoid possible attacks by Houthi militants. Sharp slide in spot rates provides background to trans-Pacific contract talks […]
Read More →Norfolk Southern debuts Atlanta appointment system for import loads
on March 18, 2024in Industry News
Norfolk Southern debuts Atlanta appointment system for import loads The railroad believes requiring appointments and grounding containers into stacks will improve the flow of trucks through its terminal outside Atlanta. Norfolk Southern debuts Atlanta appointment system for import loads Journal of Commerce
Read More →Diversions around southern Africa expose Asia-Europe ships to rising ETS costs
on March 18, 2024in Industry News
Diversions around southern Africa expose Asia-Europe ships to rising ETS costs Longer voyages around Africa to avoid Red Sea attacks have naturally resulted in greater fuel consumption from vessels, but with Europe now charging carriers per ton of emissions, the cost implications are significant. Diversions around southern Africa expose Asia-Europe ships to rising ETS costs […]
Read More →Digital broker Transfix follows US shippers deeper into LTL trucking
on March 18, 2024in Industry News
Digital broker Transfix follows US shippers deeper into LTL trucking Rising shipper interest helped propel digital freight marketplace Transfix into LTL through a partnership with Rocket Shipping, and Transfix expects the LTL trend to continue. Digital broker Transfix follows US shippers deeper into LTL trucking Journal of Commerce
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