Asia import drop, Russian sanctions hit Rotterdam’s Q1 container volumes Weak import demand, Russian sanctions, and the loss of cargo to neighboring ports combined to drag down volume at Europe’s largest container port in the first quarter. Asia import drop, Russian sanctions hit Rotterdam’s Q1 container volumes Journal of Commerce
Read More →Asia import drop, Russian sanctions hit Rotterdam’s Q1 container volumes
on April 24, 2023in Industry News
Asia import drop, Russian sanctions hit Rotterdam’s Q1 volumes
on April 24, 2023in Industry News
Asia import drop, Russian sanctions hit Rotterdam’s Q1 volumes Weak import demand, Russian sanctions, and the loss of cargo to neighboring ports combined to drag down volume at Europe’s largest container port in the first quarter. Asia import drop, Russian sanctions hit Rotterdam’s Q1 volumes Journal of Commerce
Read More →Tepid demand, added vessel capacity send north-south rates spiraling
on April 24, 2023in Industry News
Tepid demand, added vessel capacity send north-south rates spiraling Elevated US inventories and inflation in South America are weighing on freight demand at the same time container carriers are increasing capacity between the two regions, dragging down pricing. Tepid demand, added vessel capacity send north-south rates spiraling Journal of Commerce
Read More →Schneider-CPKC strike surprise deal on Mexico-US intermodal service
on April 21, 2023in Industry News
Schneider-CPKC strike surprise deal on Mexico-US intermodal service Schneider National has inked a multiyear partnership with CPKC on intermodal service between Mexico and the US Midwest, a move that will provide new options for shippers seeking a single train to move their north-south freight. Schneider-CPKC strike surprise deal on Mexico-US intermodal service Journal of Commerce
Read More →Breakbulk23: BIMCO executive wants cargo data added to CII carbon ratings
on April 21, 2023in Industry News
Breakbulk23: BIMCO executive wants cargo data added to CII carbon ratings BIMCO’s head of Americas called for changes to the Carbon Intensity Indicator that would make the new regulation from the International Maritime Organization “fit for purpose.” Breakbulk23: BIMCO executive wants cargo data added to CII carbon ratings Journal of Commerce
Read More →Planned Vancouver mega-container terminal wins environmental clearance
on April 21, 2023in Industry News
Planned Vancouver mega-container terminal wins environmental clearance Vancouver’s proposed Robert Banks Terminal 2 cleared a major federal environmental hurdle this week, putting the focus on who will construct and build the facility with a planned annual capacity of 2.4 million TEU. Planned Vancouver mega-container terminal wins environmental clearance Journal of Commerce
Read More →Planned Vancouver container terminal wins long-sought environmental clearance
on April 21, 2023in Industry News
Planned Vancouver container terminal wins long-sought environmental clearance Vancouver’s proposed Robert Banks Terminal 2 cleared a major federal environmental hurdle this week, putting the focus on who will construct and build the facility with a planned annual capacity of 2.4 million TEU. Planned Vancouver container terminal wins long-sought environmental clearance Journal of Commerce
Read More →A’s land buy in Las Vegas ends talk of Howard Terminal ballpark in Oakland
on April 21, 2023in Industry News
A’s land buy in Las Vegas ends talk of Howard Terminal ballpark in Oakland Foes of the Oakland stadium plan said building at the 55-acre terminal site would disrupt the flow of traffic in and out of the port and create a security risk. A’s land buy in Las Vegas ends talk of Howard Terminal […]
Read More →Trans-Atlantic westbound demand fell sharply in March amid rate decline
on April 21, 2023in Industry News
Trans-Atlantic westbound demand fell sharply in March amid rate decline An abundance of trans-Atlantic capacity and improving schedule reliability through the first quarter has been accompanied by a steep drop in volume, with rates falling steadily since the New Year. Trans-Atlantic westbound demand fell sharply in March amid rate decline Journal of Commerce
Read More →Trans-Pacific carriers prepare hefty new GRIs on top of April increase
on April 21, 2023in Industry News
Trans-Pacific carriers prepare hefty new GRIs on top of April increase The stickiness of the mid-April rate increase suggests that the first green shoots of US demand are beginning to emerge on the trans-Pacific. Trans-Pacific carriers prepare hefty new GRIs on top of April increase Journal of Commerce
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