Ocean market shows signs of life despite forecasts for muted peak season While the magnitude of peak season in any given year may have macroeconomic significance in shedding light on the strength of consumer spending and the economy overall, it is only one factor driving the market conditions that affect the physical movement of goods, […]
Read More →Ocean market shows signs of life despite forecasts for muted peak season
on August 3, 2023in Industry News
Carriers tell FMC not to ‘weaponize’ proposed rule on refusal of service
on August 2, 2023in Industry News
Carriers tell FMC not to ‘weaponize’ proposed rule on refusal of service The rulemaking has underscored sharp divisions in the industry on whether the maritime regulator needs to take a heavier hand with liners following complaints by shippers. Carriers tell FMC not to ‘weaponize’ proposed rule on refusal of service Journal of Commerce
Read More →Schneider goes deeper into dedicated trucking with M&M acquisition
on August 2, 2023in Industry News
Schneider goes deeper into dedicated trucking with M&M acquisition Schneider’s acquisition of M&M Transport underscores the ongoing popularity of dedicated transportation among shippers and carriers, even in an era of excess truckload capacity. Schneider goes deeper into dedicated trucking with M&M acquisition Journal of Commerce
Read More →Yellow collapse seen hitting smaller, mid-sized LTL shippers hardest
on August 2, 2023in Industry News
Yellow collapse seen hitting smaller, mid-sized LTL shippers hardest The loss of the third-largest US less-than-truckload carrier is hitting a broad tranche of smaller, less sophisticated shippers hard as they struggle with volatile rate hikes, logistics providers say. Yellow collapse seen hitting smaller, mid-sized LTL shippers hardest Journal of Commerce
Read More →Ocean carriers shift capacity as trans-Atlantic slumps: Alphaliner
on August 2, 2023in Industry News
Ocean carriers shift capacity as trans-Atlantic slumps: Alphaliner Ocean rates for North Europe to North America have fallen significantly below pre-pandemic levels on some of the trade lane indices after a wild three-year ride that took container shipping prices to record levels. Ocean carriers shift capacity as trans-Atlantic slumps: Alphaliner Journal of Commerce
Read More →Hot summer turning up climate change heat on supply chains
on August 2, 2023in Industry News
Hot summer turning up climate change heat on supply chains Familiar reminders of the disruptions to supply chains caused by climate change, such as low water levels on the Rhine River and in the Panama Canal, and wildfires in North America, are becoming more frequent and intense. Hot summer turning up climate change heat on […]
Read More →EU carbon tax’s long reach to affect global rates, vessel deployments: analyst
on August 2, 2023in Industry News
EU carbon tax’s long reach to affect global rates, vessel deployments: analyst Inclusion in the European Union’s emissions trading system will affect not only the cost of shipping to and from the EU, but will likely put upward pressure on pricing for cargo that doesn’t touch the EU at all, writes analyst Lars Jensen. EU […]
Read More →House bill would allow use of tax-deferred income to fund cargo equipment upgrades
on August 1, 2023in Industry News
House bill would allow use of tax-deferred income to fund cargo equipment upgrades The National Association of Waterfront Employees says terminal operators are potentially on the hook for “tens of billions of dollars” to upgrade their cargo handling equipment and allowing them to use tax-deferred funds would increase their purchasing power. House bill would allow […]
Read More →Disruptive 2022 does little to upset global container port rankings
on August 1, 2023in Industry News
Disruptive 2022 does little to upset global container port rankings Half of the world’s top 50 container ports grew their volumes last year while the other half saw declines, highlighting the contrasting fortunes of the global gateways. Disruptive 2022 does little to upset global container port rankings Journal of Commerce
Read More →Tough market conditions slow DHL’s H1 profitability
on August 1, 2023in Industry News
Tough market conditions slow DHL’s H1 profitability A challenging operating environment pulled down revenue and earnings at DHL, but the Germany-based integrator remains in a highly profitable position ahead of an uncertain second half. Tough market conditions slow DHL’s H1 profitability Journal of Commerce
Read More →Recent Posts
-
Gap between US LTL, truckload pricing growing…
Gap between US LTL, truckload pricing growing…
-
Maersk’s new Rotterdam cross-dock speeds integrato…
Maersk’s new Rotterdam cross-dock speeds integrato…
-
BC port foreman contract talks stall as government…
BC port foreman contract talks stall as government…
-
US shippers 'sensitive' to overstocking…
US shippers ‘sensitive’ to overstockin…
-
ILA, local ports wrapping up contracts, setting up…
ILA, local ports wrapping up contracts, setting up…