Monthly Archives for October 2022

Volume, rates will decline through Q1 2023: ONE’s Nixon Singapore-based carrier ONE expects to end its fiscal year with profits below the record earnings generated in FY2021 with no short-term improvement likely in container shipping markets. Volume, rates will decline through Q1 2023: ONE’s Nixon International Freight

Geodis RFP effort a sign of growing automation adoption A Geodis initiative around automating service requests from shippers is an example of growing consumption of robotic process automation in the third-party logistics industry. Geodis RFP effort a sign of growing automation adoption Journal of Commerce

Shippeo investment a sign that visibility not yet a winner-takes-all market A funding round into Shippeo shows that demand for visibility and fragmentation of the market continue to grow despite a slowing venture capital environment. Shippeo investment a sign that visibility not yet a winner-takes-all market Journal of Commerce

JOC Rankings: Container lines led record transportation revenue growth in 2021 It was the “year of the ocean carrier” as liner operators saw 2021 revenue results that were more than double those of other top 50 transportation providers. JOC Rankings: Container lines led record transportation revenue growth in 2021 Journal of Commerce

Slync bets on industry pioneer Urban to turn page Embattled software provider Slync.io has turned to GT Nexus co-founder John Urban in a bid to resurrect its fortunes following the ousting of former CEO Chris Kirchner. Slync bets on industry pioneer Urban to turn page Journal of Commerce

Ocean freight rates may slide to pre-pandemic levels by end of year: HSBC Tumbling rates and an injection of capacity as congestion clears has become a price-destroying tool on the major export trades out of Asia. Ocean freight rates may slide to pre-pandemic levels by end of year: HSBC International Freight

Ocean rate levels may slide to pre-pandemic levels by end of year: HSBC Tumbling rates and an injection of capacity as congestion clears has become a price-destroying tool on the major export trades out of Asia. Ocean rate levels may slide to pre-pandemic levels by end of year: HSBC International Freight

International logistics providers targeting US trucking US shippers should expect more international acquisitions of domestic US trucking operations as logistics companies work to provide more end-to-end services and visibility. International logistics providers targeting US trucking Journal of Commerce

Overhaul wades into insurance technology market Overhaul has joined a growing group of visibility providers aiming to connect real-time shipment data to cargo insurance solutions. Overhaul wades into insurance technology market Journal of Commerce

Spotty service, container shortages put US reefer trade on ice US cold-chain cargoes fell more than 20 percent through May as the combination of high freight rates, poor reliability of ocean carrier service, and lack of equipment took a toll on foodstuff freight. Spotty service, container shortages put US reefer trade on ice Journal of […]