Red Sea-linked sailing disruptions threaten Indian port flow gains As the impact of longer routings percolates through the supply chain, local industry sources expect a wave of void calls and/or alterations in Indian port rotations across various trade routes. Red Sea-linked sailing disruptions threaten Indian port flow gains Journal of Commerce
Read More →Red Sea-linked sailing disruptions threaten Indian port flow gains
on December 28, 2023in Industry News
Expected Q1 drop in US trucking jobs not likely to move needle on pricing, capacity
on December 27, 2023in Industry News
Expected Q1 drop in US trucking jobs not likely to move needle on pricing, capacity Larger trucking employers may be reluctant to lay off workers ahead of what they hope will be an uptick in freight demand this coming spring or summer. Expected Q1 drop in US trucking jobs not likely to move needle on […]
Read More →CBP ruling prohibits US customs brokers from using offshore labor
on December 27, 2023in Industry News
CBP ruling prohibits US customs brokers from using offshore labor The ruling is significant because it means US brokers can no longer use less expensive offshore labor to cut down on operational costs associated with import entry preparation and other brokerage services. CBP ruling prohibits US customs brokers from using offshore labor Journal of Commerce
Read More →Steady rise in passenger capacity undermining air freight rate growth
on December 27, 2023in Industry News
Steady rise in passenger capacity undermining air freight rate growth Air freight volumes are not expected to show any significant growth until well into 2024, and some analysts question whether there will even be a peak season for exports from Asia at the end of the year. Steady rise in passenger capacity undermining air freight […]
Read More →Shippers face delays as carriers skip South America calls due to Panama Canal woes
on December 27, 2023in Industry News
Shippers face delays as carriers skip South America calls due to Panama Canal woes Ocean Network Express and Hapag-Lloyd confirmed they are skipping calls, especially at Cartagena in Colombia and Manzanillo in Panama, although omissions are being made at other ports. Shippers face delays as carriers skip South America calls due to Panama Canal woes […]
Read More →MSC ship becomes latest targeted in Red Sea attack
on December 26, 2023in Industry News
MSC ship becomes latest targeted in Red Sea attack The US Central Command said a US Navy destroyer and fighter jets on Tuesday shot down 12 attack drones, three anti-ship ballistic missiles and two cruise missiles launched by the Houthis from Yemen. MSC ship becomes latest targeted in Red Sea attack Journal of Commerce
Read More →Freight transport’s ‘new normal’ marked by slower growth
on December 26, 2023in Industry News
Freight transport’s ‘new normal’ marked by slower growth Lower consumer demand for imports and domestic goods reshaped international and US freight markets in 2023. Freight transport’s ‘new normal’ marked by slower growth Journal of Commerce
Read More →TFI gets even bigger role in heavy-haul trucking with $1.1 billion Daseke purchase
on December 26, 2023in Industry News
TFI gets even bigger role in heavy-haul trucking with .1 billion Daseke purchase The biggest trucking acquisition of 2023 gives Canada’s TFI an additional $1.8 billion in annual revenue and nearly 20 operating subsidiaries hauling oversized, heavy freight. TFI gets even bigger role in heavy-haul trucking with .1 billion Daseke purchase Journal of Commerce
Read More →Eastbound trans-Pac schedule reliability gains in November after peak season rush
on December 26, 2023in Industry News
Eastbound trans-Pac schedule reliability gains in November after peak season rush The performance gains on the world’s busiest trade lane in November came as US imports from Asia during the month plunged 12% from October, the traditional end of peak shipping season. Eastbound trans-Pac schedule reliability gains in November after peak season rush Journal of […]
Read More →Hong Kong eyes status as green bunkering hub to retain, lure container volumes
on December 26, 2023in Industry News
Hong Kong eyes status as green bunkering hub to retain, lure container volumes The push to become a go-to stop for alternative fuels comes as Hong Kong is set to see container throughput fall to around 14 million TEUs in 2023, a 27-year low, amid waning transshipment volumes. Hong Kong eyes status as green bunkering […]
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