Gulf Coast ports eyeing expansion amid ‘modest’ growth forecast Although they were unable to completely escape last year’s downturn, ports in the region recorded import declines that were well below the national average. Gulf Coast ports eyeing expansion amid ‘modest’ growth forecast Journal of Commerce
Read More →3PL Kenco expands warehousing reach in key US markets
on January 4, 2024in Industry News
3PL Kenco expands warehousing reach in key US markets The acquisition of The Shippers Group gives Kenco greater distribution capacity and underscores resilient demand for space and integrated logistics services despite a weak freight market. 3PL Kenco expands warehousing reach in key US markets Journal of Commerce
Read More →US chassis demand tepid amid ample units, additional manufacturers
on January 4, 2024in Industry News
US chassis demand tepid amid ample units, additional manufacturers Chassis lessors must work quickly to be prepared to unstack units when the international intermodal market rebounds. US chassis demand tepid amid ample units, additional manufacturers Journal of Commerce
Read More →Rerouted Asia-Europe voyages to cause space, equipment shortages
on January 4, 2024in Industry News
Rerouted Asia-Europe voyages to cause space, equipment shortages Difficulties in finding vessel capacity and empty containers as ship voyages are extended will join rising rate levels on the growing list of supply chain issues faced by shippers. Rerouted Asia-Europe voyages to cause space, equipment shortages Journal of Commerce
Read More →Ocean carriers playing catch up in reducing risk of lithium-ion fires on ships
on January 4, 2024in Industry News
Ocean carriers playing catch up in reducing risk of lithium-ion fires on ships The shipping industry, while acknowledging the batteries are here to stay and can’t be banned as cargo, is lagging behind in coming to terms with risks that remain poorly understood. Ocean carriers playing catch up in reducing risk of lithium-ion fires on […]
Read More →Yellow terminal auction redrawing US LTL map as pricing surge subsides
on January 3, 2024in Industry News
Yellow terminal auction redrawing US LTL map as pricing surge subsides With more than 160 facilities still on the auction block, a sizable amount of less-than-truckload capacity once provided by Yellow is up for grabs as the trucking market slows in early 2024. Yellow terminal auction redrawing US LTL map as pricing surge subsides Journal […]
Read More →Port of Baltimore names ex-Everglades CEO as new executive director
on January 3, 2024in Industry News
Port of Baltimore names ex-Everglades CEO as new executive director Jonathan Daniels will take the port’s helm in early February, with construction of the Sparrows Point Container Terminal atop his list of priorities. Port of Baltimore names ex-Everglades CEO as new executive director Journal of Commerce
Read More →Port of Baltimore names Everglades CEO as new executive director
on January 3, 2024in Industry News
Port of Baltimore names Everglades CEO as new executive director Jonathan Daniels will take the port’s helm in early February, with construction of the Sparrows Point Container Terminal atop his list of priorities. Port of Baltimore names Everglades CEO as new executive director Journal of Commerce
Read More →Lack of green compliance could be costly for some Southern California warehouses
on January 3, 2024in Industry News
Lack of green compliance could be costly for some Southern California warehouses The facilities must adhere to new emissions-cutting rules implemented several months ago by regulators or risk daily fines approaching $12,000 per day. Lack of green compliance could be costly for some Southern California warehouses Journal of Commerce
Read More →Trans-Pacific air cargo rate rally ends in steep new year dive
on January 3, 2024in Industry News
Trans-Pacific air cargo rate rally ends in steep new year dive The strong e-commerce demand from the US that kept trans-Pacific air cargo rates rising through the fourth quarter quickly fell off after the end-of-year holidays. Trans-Pacific air cargo rate rally ends in steep new year dive Journal of Commerce
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