Monthly Archives for December 2022

US truckload costs to fall until late 2023: 3PLs Falling spot truckload rates may hit bottom in the first quarter of 2023, followed by contract rates later in the year, if forecasts from third-party brokers hold true. US truckload costs to fall until late 2023: 3PLs Journal of Commerce

Ports America, MSC to invest 0 million in proposed New Orleans terminal The largest US terminal operator and biggest carrier on US ocean trades are putting their weight behind a mega terminal in New Orleans through a public-private partnership with the state of Louisiana. Ports America, MSC to invest 0 million in proposed New Orleans […]

US intermodal shippers weigh spot vs. contract option heading into 2023 Domestic intermodal shippers are paying less on the spot market than under contracts in several key outbound West Coast lanes, but riding the spot market deep into 2023 is a gamble that may or may not pay off. US intermodal shippers weigh spot vs. […]

Felixstowe pay deals end months of labor action Dockworkers at Felixstowe have agreed to pay deals covering this year and next, closing the door on a campaign of industrial action at the UK port that began over the summer. Felixstowe pay deals end months of labor action Journal of Commerce

Felixstowe port pay deal ends months of labor action Dockworkers at Felixstowe have agreed to a below-inflation pay deal for next year, closing the door on a campaign of industrial action at the UK port that began over the summer. Felixstowe port pay deal ends months of labor action Journal of Commerce

US IPI needs fresh approach to recovering market share: analyst A more complex — and agile — approach will be required to help inland point intermodal grab a larger share of the freight that is arriving at US ports, writes JOC analyst Larry Gross. US IPI needs fresh approach to recovering market share: analyst Journal […]

US offshore wind push runs into bureaucracy, investment headwinds Ambitious plans to build offshore wind off the coast of the United States has run up against permitting bottlenecks and a lack of investment. US offshore wind push runs into bureaucracy, investment headwinds Journal of Commerce

Decarbonization tops IMO’s London MEPC79 agenda MEPC79 delegates will also be considering a basket of measures that can integrate both technical and carbon pricing elements as the maritime industry transitions to more renewable fuels. Decarbonization tops IMO’s London MEPC79 agenda Journal of Commerce

Rough seas await as retiring Skou hands control of Maersk to Clerc There are fires that will demand the immediate attention of new Maersk CEO Vincent Clerc, including quickly finding a way to meet long-term decarbonization targets. Rough seas await as retiring Skou hands control of Maersk to Clerc Journal of Commerce

Costco exits ship chartering with million charge Peak supply chain congestion prompted major US retailers to charter their own ships, but Costco is now unwinding that bet. Costco exits ship chartering with million charge International Freight