GPA-sponsored transload facility opens in Savannah The facility will offer a unique option to transfer ocean containers into domestic equipment without the need for outside drayage or pool chassis. GPA-sponsored transload facility opens in Savannah Journal of Commerce
Read More →Rising fuel costs driving US LTL, truckload costs higher
on September 19, 2023in Industry News
Rising fuel costs driving US LTL, truckload costs higher Cuts in oil production and increased fuel use globally are pushing up trucking fuel surcharges and, in turn, transportation costs for US shippers. Rising fuel costs driving US LTL, truckload costs higher Journal of Commerce
Read More →Maersk, CMA CGM join forces in drive to accelerate shipping decarbonization
on September 19, 2023in Industry News
Maersk, CMA CGM join forces in drive to accelerate shipping decarbonization The two carriers will work together to develop alternative fuel standards, scale up the production of green fuel and ensure its supply at key bunkering ports around the world. Maersk, CMA CGM join forces in drive to accelerate shipping decarbonization Journal of Commerce
Read More →Largest US ports record 20%-plus declines in trans-Pacific imports
on September 18, 2023in Industry News
Largest US ports record 20%-plus declines in trans-Pacific imports The top four US ports, which accounted for 68.2% of US imports from Asia through August, experienced greater than 20% declines in Asian imports in the first eight months of 2023 whereas imports through Houston, the dominant port on the Gulf Coast, declined only 3.7%. Largest […]
Read More →Lower demand from China, high prices stunting US ag exports
on September 18, 2023in Industry News
Lower demand from China, high prices stunting US ag exports West Coast ports are bearing the brunt of a steep decline in US agriculture exports, as are carriers like CMA CGM that pivoted to serving exporters amid weaker import demand. Lower demand from China, high prices stunting US ag exports Journal of Commerce
Read More →Green fuel costs could make nuclear ships economically viable: experts
on September 18, 2023in Industry News
Green fuel costs could make nuclear ships economically viable: experts Small onboard nuclear reactors could ultimately be the lowest-cost method of decarbonization as shipping competes with other thirsty industries for sustainable net-zero fuels, according to energy and investment analysts. Green fuel costs could make nuclear ships economically viable: experts Journal of Commerce
Read More →Ocean carriers will look to ‘chokepoint’ assets for next wave of spending: analyst
on September 18, 2023in Industry News
Ocean carriers will look to ‘chokepoint’ assets for next wave of spending: analyst Owning and operating potential supply chain chokepoints is a competitive advantage, and we should expect to see major carriers – flush with cash post-pandemic — be very active in attempting to secure such assets, writes analyst Lars Jensen. Ocean carriers will look […]
Read More →Lack of cargoes holding down MPV rates in near-term: analysts
on September 18, 2023in Industry News
Lack of cargoes holding down MPV rates in near-term: analysts Despite having fewer cargoes for which to compete, some bulk operators are beefing up their staff of project cargo specialists, implying that those carriers are sensing opportunities ahead. Lack of cargoes holding down MPV rates in near-term: analysts Journal of Commerce
Read More →J.B. Hunt brokerage acquisition deepens partnership with BNSF
on September 15, 2023in Industry News
J.B. Hunt brokerage acquisition deepens partnership with BNSF The division of BNSF Logistics between BNSF Railway and J.B. Hunt is aimed at helping to improve service to joint customers at a time when freight demand is weak. J.B. Hunt brokerage acquisition deepens partnership with BNSF Journal of Commerce
Read More →Logistics provider GXO buys PFSweb amid end-to-end fulfillment rush
on September 15, 2023in Industry News
Logistics provider GXO buys PFSweb amid end-to-end fulfillment rush The deal comes on the heels of other acquisitions and new services launched this week at several logistics and transportation providers, all aimed at expanding their ability to deliver end-to-end global fulfillment services. Logistics provider GXO buys PFSweb amid end-to-end fulfillment rush Journal of Commerce
Read More →Recent Posts
-
HMM plans for THE Alliance revamp with SM Lines tr…
HMM plans for THE Alliance revamp with SM Lines tr…
-
US HHG imports await housing recovery after two-ye…
US HHG imports await housing recovery after two-ye…
-
Decline in US truck shipments, rates lowering truc…
Decline in US truck shipments, rates lowering truc…
-
Red Sea rate effect spreads to other trade lanes a…
Red Sea rate effect spreads to other trade lanes a…
-
Teamsters Canada votes overwhelmingly to authorize…
Teamsters Canada votes overwhelmingly to authorize…