US truckload rates unlikely to see major holiday bump amid tepid peak season As US port volumes remain lackluster, there is not as much freight to move on trucks, causing the market to stay relatively stagnant ahead of what typically is the busy holiday season. US truckload rates unlikely to see major holiday bump amid […]
Read More →US truckload rates unlikely to see major holiday bump amid tepid peak season
on December 1, 2023in Industry News
Carrier CEOs issue COP28-linked statement urging action on energy transition
on December 1, 2023in Industry News
Carrier CEOs issue COP28-linked statement urging action on energy transition The rare joint statement reiterates earlier comments by container lines that a greenhouse gas pricing mechanism is needed to make green fuel competitive with traditional bunkers during the phase when both fuels will be in use. Carrier CEOs issue COP28-linked statement urging action on energy […]
Read More →MPV/HL carriers weigh costly, time-consuming alternatives to Panama Canal
on December 1, 2023in Industry News
MPV/HL carriers weigh costly, time-consuming alternatives to Panama Canal Low water restrictions and “exorbitant” costs for rare transit slots through the drought-hit waterway mean tramp breakbulk and heavy-lift carriers must use longer ocean routes, thus increasing voyage costs. MPV/HL carriers weigh costly, time-consuming alternatives to Panama Canal Journal of Commerce
Read More →Swire Projects launches project cargo liner service to avoid Panama Canal delays
on December 1, 2023in Industry News
Swire Projects launches project cargo liner service to avoid Panama Canal delays The service was previously operated on an ad hoc basis but is being upgraded due to growing demand for breakbulk and project cargo into the US West Coast to avoid restrictions and delays through the drought-hit waterway. Swire Projects launches project cargo liner […]
Read More →US warehouse fluidity returning to normal amid import drop, inventory discipline
on November 30, 2023in Industry News
US warehouse fluidity returning to normal amid import drop, inventory discipline US importers have finally cleared out most of the inventory overhang that kept their warehouses at capacity and created bottlenecks in their supply chains. US warehouse fluidity returning to normal amid import drop, inventory discipline Journal of Commerce
Read More →Global liner performance unchanged in October, but USWC ticked higher
on November 30, 2023in Industry News
Global liner performance unchanged in October, but USWC ticked higher While container volumes have largely returned to normal historical levels, ocean carriers still have not been able to restore performance to pre-pandemic levels. Global liner performance unchanged in October, but USWC ticked higher Journal of Commerce
Read More →Shippers eye varied ‘training wheel’ approach to origin management technology
on November 30, 2023in Industry News
Shippers eye varied ‘training wheel’ approach to origin management technology Getting the most out of global logistics software sometimes involves using a forwarder as a co-pilot until a shipper is ready to run processes like procurement and order management internally. Shippers eye varied ‘training wheel’ approach to origin management technology Journal of Commerce
Read More →Order book more ‘manageable’ if measured in ship numbers, not TEUs: analyst
on November 30, 2023in Industry News
Order book more ‘manageable’ if measured in ship numbers, not TEUs: analyst Although the incoming capacity will outstrip demand on the major trades over the next two years, the capacity overhang that has been touted in many corners of the shipping sector is being overstated, says an industry analyst. Order book more ‘manageable’ if measured […]
Read More →Orderbook more ‘manageable’ if measured in ship numbers, not TEUs: analyst
on November 30, 2023in Industry News
Orderbook more ‘manageable’ if measured in ship numbers, not TEUs: analyst Although the incoming capacity will outstrip demand on the major trades over the next two years, the capacity overhang that has been touted in many corners of the shipping sector is being overstated, says an industry analyst. Orderbook more ‘manageable’ if measured in ship […]
Read More →Roadrunner to enter Canada as K+N, Canada Cartage make cross-border acquisitions
on November 29, 2023in Industry News
Roadrunner to enter Canada as K+N, Canada Cartage make cross-border acquisitions The expansion of the three companies, all representing different modes across the US-Canadian border, underscores the depth of the relationship between the two economies. Roadrunner to enter Canada as K+N, Canada Cartage make cross-border acquisitions Journal of Commerce
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