Monthly Archives for January 2023

Bridge repair along UP’s LA/LB-Midwest network nearing completion The roughly 72-hour repair on a bridge in New Mexico would appear to mitigate what could potentially have been a major disruption for UP’s international and domestic intermodal shippers. Bridge repair along UP’s LA/LB-Midwest network nearing completion Journal of Commerce

Consistent vessel service key to Port NOLA cargo recovery: officials After a 2022 in which skipped calls dragged down volumes at the Port of New Orleans while neighboring Gulf Coast gateways saw booming import growth, officials are hoping a return to steady vessel schedules will help entice shippers back to the port. Consistent vessel service […]

Cargo lull in 2023 will allow NY-NJ to improve fluidity: port chief The director of the Port of New York and New Jersey has laid out priorities for 2023 that she says will ensure its future growth and ability to maintain market share. Cargo lull in 2023 will allow NY-NJ to improve fluidity: port chief […]

Freightos goes public on NASDAQ in first measure of logistics tech value Freightos’ public listing on the NASDAQ will be the first test of how public investors value one of the more prominent logistics technology companies to emerge over the past decade. Freightos goes public on NASDAQ in first measure of logistics tech value Journal […]

MSC, Maersk to end 2M Alliance amid divergent strategies on ocean capacity The move raises questions whether the carriers will seek new alliance partners, potentially setting off another round of musical chairs involving the other two networks, THE Alliance and the Ocean Alliance. MSC, Maersk to end 2M Alliance amid divergent strategies on ocean capacity […]

Hapag-Lloyd buys large stake in Indian ports operator J M Baxi Hapag-Lloyd’s focus on port-to-port shipping includes pursuing ownership stakes in marine terminal operations, with the acquisition of a 40 percent share of Indian ports operator J M Baxi the latest example. Hapag-Lloyd buys large stake in Indian ports operator J M Baxi Journal of […]

US spot flatbed capacity rising as housing starts, manufacturing decline Demand for flatbed trucks on DAT Freight & Analytics’ spot load boards is at a seven-year low for January, creating excess capacity that is keeping pressure on rates.  US spot flatbed capacity rising as housing starts, manufacturing decline Journal of Commerce

WiseTech makes US drayage play with acquisition of Envase WiseTech Global, owner of the most widely used forwarding software product, has acquired a prominent vendor of drayage management software, capping a year of takeovers for the company. WiseTech makes US drayage play with acquisition of Envase Journal of Commerce

Maersk, MSC to end 2M Alliance in 2025, citing ‘individual strategies’ The move raises questions whether the carriers will seek new alliance partners, potentially setting off another round of musical chairs involving the other two networks, THE Alliance and the Ocean Alliance. Maersk, MSC to end 2M Alliance in 2025, citing ‘individual strategies’ Journal of […]

Virginia lawmakers propose funds for state’s second inland port Some Virginia state legislators are looking to fund a second inland port, but the project’s prospects hinge on railroad and shipper demand, according to a study. Virginia lawmakers propose funds for state’s second inland port Journal of Commerce