Monthly Archives for December 2021

Payment vendor takes aim at freight surcharge burden A new product from payment vendor PayCargo gives shippers and forwarders access to credit to pay mounting freight bills amid port congestion and cargo delays that generate surcharges and fees that… Payment vendor takes aim at freight surcharge burden Journal of Commerce

Outlook 2022: Unrelenting US logistics real estate demand to continue through 2022 This story appears in the print edition of the Jan. 3, 2022, Journal of Commerce Annual… Outlook 2022: Unrelenting US logistics real estate demand to continue through 2022 Journal of Commerce

Customs technology provider to launch China-US LCL service A technology provider that helps small and medium-sized shippers self-file customs entries and other import documents will launch a less-than-containerload (LCL) service connecting China with the United States in January. Tel Aviv-based eezyimport, which provides a… Customs technology provider to launch China-US LCL service Journal of Commerce

Outlook 2022: Shippers seek resilience in upended transportation markets This story appears in the print edition of the Jan…. Outlook 2022: Shippers seek resilience in upended transportation markets Journal of Commerce

New market dynamics driving demand for freight futures … New market dynamics driving demand for freight futures International Freight

New container futures aim to take sting from freight rate surges Six new futures contracts scheduled to start trading in February seek to hedge the risk of ocean freight rates, joining several other financial products debuting in Asia that aim to capitalize on the last 18 months of extreme volatility that importers and shippers… New container futures aim to take sting from freight rate surges Journal of Commerce

Startups targeting Mexican trucking industry get investor boost Two venture capital funding rounds into companies serving the Mexican freight market are highlighting the opportunity investors see in equipping that country’s underserved… Startups targeting Mexican trucking industry get investor boost Journal of Commerce

Singapore Airlines links to CargoWise for e-bookings Logistics technology provider WiseTech Global has built an integration with Singapore Airlines that allows direct exchange of electronic bookings between the airline and WiseTech’s CargoWise product, the companies said. The integration… Singapore Airlines links to CargoWise for e-bookings Journal of Commerce

Inventory gain, exports raise US GDP forecast US real gross domestic product (GDP) is growing faster than expected, propelled by unexpected surges in inventory investment and exports in October, according to IHS Markit. The… Inventory gain, exports raise US GDP forecast Journal of Commerce

True supply chain relief requires end-to-end recovery … True supply chain relief requires end-to-end recovery International Freight