Wide variances remain in ETS levies ahead of Jan. 1 start date While carriers have been revising their ETS surcharges with carbon pricing on the markets becoming clearer ahead of the implementation date, the price differences have shippers and analysts scratching their heads. Wide variances remain in ETS levies ahead of Jan. 1 start date […]
Read More →Ongoing Yellow terminal auction seen reshaping a smaller US LTL sector
on December 13, 2023in Industry News
Ongoing Yellow terminal auction seen reshaping a smaller US LTL sector Large LTL carriers are snapping up shuttered properties once owned by the bankrupt company, but US LTL capacity overall may shrink in 2024, industry experts warn. Ongoing Yellow terminal auction seen reshaping a smaller US LTL sector Journal of Commerce
Read More →THE Alliance's 2024 network adds port calls as services remain suspended
on December 13, 2023in Industry News
THE Alliance’s 2024 network adds port calls as services remain suspended Next year’s schedule will see two services that were suspended in 2023 remain offline, but two Asia-US services will be restored and new port calls added overall. THE Alliance’s 2024 network adds port calls as services remain suspended Journal of Commerce
Read More →THE Alliance adjusts 2024 network amid Panama Canal restrictions
on December 13, 2023in Industry News
THE Alliance adjusts 2024 network amid Panama Canal restrictions Next year’s schedule will see two services that were suspended in 2023 remain offline, but two Asia-US services will be restored and new port calls added overall. THE Alliance adjusts 2024 network amid Panama Canal restrictions Journal of Commerce
Read More →Truckers fighting ILWU, LA-LB terminal operators over chassis paperwork proposal
on December 13, 2023in Industry News
Truckers fighting ILWU, LA-LB terminal operators over chassis paperwork proposal Truckers say implementing the measure would push average truck turn times in Los Angeles and Long Beach, already among the highest in the US, even higher. Truckers fighting ILWU, LA-LB terminal operators over chassis paperwork proposal Journal of Commerce
Read More →Panama Canal congestion, Red Sea ‘war risk’ premium complicating MPV outlook
on December 13, 2023in Industry News
Panama Canal congestion, Red Sea ‘war risk’ premium complicating MPV outlook Voyage diversions needed to avoid Panama Canal drought restrictions and the increasingly risky Red Sea route will remove multipurpose and heavy-lift capacity from the global fleet, which in turn is likely to slow the rate slide seen during 2023, analysts say. Panama Canal congestion, […]
Read More →Rise in trans-Pacific air freight rates tempered by weak underlying market
on December 13, 2023in Industry News
Rise in trans-Pacific air freight rates tempered by weak underlying market Rates on the eastbound trans-Pacific are at levels not seen since September 2022, but the indicators suggest the market strength will not extend too far into 2024. Rise in trans-Pacific air freight rates tempered by weak underlying market Journal of Commerce
Read More →North Carolina port expands reefer operations with cold treatment facility
on December 12, 2023in Industry News
North Carolina port expands reefer operations with cold treatment facility The facility sets up the Port of Wilmington to become a key point of entry for importers of refrigerated blueberries, grapes, apples, pears, citrus and a broad variety of organics. North Carolina port expands reefer operations with cold treatment facility Journal of Commerce
Read More →Shifting geopolitics, climate and labor ratchet up risk for container shipping
on December 12, 2023in Industry News
Shifting geopolitics, climate and labor ratchet up risk for container shipping Container shipping is hardly the only industry to feel the impact of organized labor’s bargaining power, nor is it unique in dealing with heightened geopolitical flashpoints or regulatory pressures tied to decarbonization, writes Journal of Commerce Executive Editor Mark Szakonyi. Shifting geopolitics, climate and […]
Read More →Shifting geopolitics, climate and labor rachet up risk for container shipping
on December 12, 2023in Industry News
Shifting geopolitics, climate and labor rachet up risk for container shipping Container shipping is hardly the only industry to feel the impact of organized labor’s bargaining power, nor is it unique in dealing with heightened geopolitical flashpoints or regulatory pressures tied to decarbonization, writes Journal of Commerce Executive Editor Mark Szakonyi. Shifting geopolitics, climate and […]
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