Shippers reluctant to shoulder high cost of decarbonization: executives Getting shippers to commit to premium-priced, low-emissions shipping services is a hard sell for ocean carriers and forwarders as cargo owners enjoy rates that are now mostly below pre-pandemic levels after two years of record highs. Shippers reluctant to shoulder high cost of decarbonization: executives Journal […]
Read More →Shippers reluctant to shoulder high cost of decarbonization: executives
on August 18, 2023in Industry News
US shippers riding post-Yellow shockwaves as LTL freight shifts among carriers
on August 18, 2023in Industry News
US shippers riding post-Yellow shockwaves as LTL freight shifts among carriers Some logistics managers report longer transit times and delivery delays, as well as higher costs, as remaining LTL providers divide the freight once hauled by Yellow. US shippers riding post-Yellow shockwaves as LTL freight shifts among carriers Journal of Commerce
Read More →Wallenius Wilhelmsen orders up to 12 ro/ro ships amid market strength
on August 18, 2023in Industry News
Wallenius Wilhelmsen orders up to 12 ro/ro ships amid market strength The carrier did not disclose the value of the vessel order, but shipbroking sources estimate the price of each ship at $140 million to $150 million, based on their size and multi-fuel capability. Wallenius Wilhelmsen orders up to 12 ro/ro ships amid market strength […]
Read More →Estes Express offers $1.3 billion for all of Yellow’s terminals
on August 17, 2023in Industry News
Estes Express offers .3 billion for all of Yellow’s terminals A ‘stalking horse bid’ from Estes, a rival trucking company, would set a floor for any competing bids for the more than 160 properties owned by Yellow. Estes Express offers .3 billion for all of Yellow’s terminals Journal of Commerce
Read More →Shippers all over the map on H2 business outlook: J. B. Hunt
on August 17, 2023in Industry News
Shippers all over the map on H2 business outlook: J. B. Hunt While shippers using J. B. Hunt give conflicting answers on what the rest of this year will look like, the intermodal provider is strengthening its relationship with BNSF to prepare for the next upswing in demand. Shippers all over the map on H2 […]
Read More →Shippers all over the map on H2 business outlook: J.B. Hunt
on August 17, 2023in Industry News
Shippers all over the map on H2 business outlook: J.B. Hunt While shippers using J.B. Hunt give conflicting answers on what the rest of this year will look like, the intermodal provider is strengthening its relationship with BNSF to prepare for the next upswing in demand. Shippers all over the map on H2 business outlook: […]
Read More →Forwarders warn of substantial Q4 rise in Asia-Europe blank sailings
on August 17, 2023in Industry News
Forwarders warn of substantial Q4 rise in Asia-Europe blank sailings Carriers will have to withdraw large amounts of capacity to prevent a freefall in rate levels that are expected to be undermined by rising capacity and subdued demand, according to forwarders. Forwarders warn of substantial Q4 rise in Asia-Europe blank sailings Journal of Commerce
Read More →FMC ‘refusal of service’ rule risks overreacting to pandemic market
on August 17, 2023in Industry News
FMC ‘refusal of service’ rule risks overreacting to pandemic market The proposed rulemaking shows how far the pendulum of power has swung in favor of shippers seeking to hold carriers accountable for practices that occurred during the pandemic, but which were rarely experienced prior to that period, writes Peter Tirschwell. FMC ‘refusal of service’ rule […]
Read More →Port Houston joins Portchain’s growing network for vessel arrival software
on August 17, 2023in Industry News
Port Houston joins Portchain’s growing network for vessel arrival software Portchain has pulled in 76 container terminals into its vessel arrival coordination platform with carriers in the past 18 months, with Port Houston the latest to join. Port Houston joins Portchain’s growing network for vessel arrival software Journal of Commerce
Read More →Western Canadian cargo flow returning to normal following labor agreement
on August 16, 2023in Industry News
Western Canadian cargo flow returning to normal following labor agreement The ports of Vancouver and Prince Rupert are clearing out the backlog of containers that built up during the two weeks of dockworker strikes in July, with no significant vessel, rail or trucking delays to report, according to stakeholders. Western Canadian cargo flow returning to […]
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