Small, mid-sized US shippers find falling trans-Pac spot rates hard to ignore With most new trans-Pacific service contracts in effect only since late May, container lines are already nudging shippers to meet their minimum quantity commitments instead of taking advantage of spot rates that have been cratering for roughly three weeks, sources say. Small, mid-sized […]
Read More →Small, mid-sized US shippers find falling trans-Pac spot rates hard to ignore
on June 27, 2023in Industry News
Senators look to rein in longshore work actions with change to US labor laws
on June 26, 2023in Industry News
Senators look to rein in longshore work actions with change to US labor laws The legislation comes less than two weeks after West Coast waterfront employers and the ILWU struck a tentative deal for a new labor contract after 13 months of contentious talks that saw the union slow down port operations on numerous occasions. […]
Read More →enators look to rein in longshore work actions with change to US labor la
on June 26, 2023in Industry News
enators look to rein in longshore work actions with change to US labor la The legislation comes less than two weeks after West Coast waterfront employers and the ILWU struck a tentative deal for a new labor contract after 13 months of contentious talks that saw the union slow down port operations on numerous occasions. […]
Read More →Congressman adds ban of China shipping data platform to Defense budget
on June 26, 2023in Industry News
Congressman adds ban of China shipping data platform to Defense budget Scrutiny of China’s access to US maritime data is rising, with a US congressman targeting China’s state-sponsored shipping platform in a Defense Department budget amendment. Congressman adds ban of China shipping data platform to Defense budget Journal of Commerce
Read More →Maersk adds six ships to expanding methanol order book
on June 26, 2023in Industry News
Maersk adds six ships to expanding methanol order book Methanol will play a leading role in enabling the carrier to meet both its interim and long-term emissions reduction goals as it charts a course for decarbonization. Maersk adds six ships to expanding methanol order book Journal of Commerce
Read More →Maersk adds six ships to expanding methanol orderbook
on June 26, 2023in Industry News
Maersk adds six ships to expanding methanol orderbook Methanol will play a leading role in enabling the carrier to meet both its interim and long-term emissions reduction goals as it charts a course for decarbonization. Maersk adds six ships to expanding methanol orderbook Journal of Commerce
Read More →Net-zero shipping in IMO crosshairs as key London meetings begin
on June 26, 2023in Industry News
Net-zero shipping in IMO crosshairs as key London meetings begin The IMO’s working group on emissions has gathered ahead of MEPC 80 next week to discuss proposals on the level of ambition required to decarbonize shipping and the measures required to get there. Net-zero shipping in IMO crosshairs as key London meetings begin Journal of […]
Read More →SSA Marine looks to expand into new US ports with deal for Ceres
on June 23, 2023in Industry News
SSA Marine looks to expand into new US ports with deal for Ceres Carrix, the parent company of terminal operator SSA Marine, said it has agreed to buy Ceres Terminals for its exposure to container business going to the US East and Gulf coasts. SSA Marine looks to expand into new US ports with deal […]
Read More →C&K Trucking expands to Columbus and Kansas City, with more to come
on June 23, 2023in Industry News
C&K Trucking expands to Columbus and Kansas City, with more to come The major eastern US drayage provider is looking to expand its footprint to California and the Pacific Northwest before the end of the year, markets where its major competitors already operate. C&K Trucking expands to Columbus and Kansas City, with more to come […]
Read More →Demand pressure keeps India-US contract rates sliding despite GRI efforts
on June 23, 2023in Industry News
Demand pressure keeps India-US contract rates sliding despite GRI efforts After two attempts to push through GRIs largely failed, forwarder sources in India believe it will be difficult for carriers to achieve success under current tight booking conditions, but liners have nonetheless lined up further rate hikes. Demand pressure keeps India-US contract rates sliding despite […]
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