Monthly Archives for January 2023

Electronic bill of lading ‘green shoots’ emerge in wake of pandemic Pandemic-driven acceleration in the usage of its digital shipping document product is a sign that blockchain does work in niche applications in global logistics, according to CargoX. Electronic bill of lading ‘green shoots’ emerge in wake of pandemic Journal of Commerce

US House bill includes 5 million in truck parking grants The expansion of truck parking along US highways is a primary objective of the “SHIP IT” act, along with providing incentives to attract and retain more drivers. US House bill includes 5 million in truck parking grants Journal of Commerce

UP says all container traffic halted on its network between LA and Midwest An outage involving a bridge in New Mexico in the heart of Union Pacific’s network is causing major delays for intermodal and automotive shippers between Southern California and two major inland hubs. UP says all container traffic halted on its network between […]

‘Service interruption’ affecting container moves between LA-Midwest: UP An outage involving a bridge in New Mexico in the heart of Union Pacific’s network is causing major delays for intermodal and automotive shippers between Southern California and two major inland hubs. ‘Service interruption’ affecting container moves between LA-Midwest: UP Journal of Commerce

Customer service, not falling rates, the focus for 2023: UP The Class I railroad vowed it would focus on providing better service to shippers in 2023 and move to heal wounds from tense labor negotiations by addressing quality-of-life issues affecting its workforce. Customer service, not falling rates, the focus for 2023: UP Journal of Commerce

UP says will focus on service, not falling rates, in 2023 The Class I railroad vowed it would focus on providing better service to shippers in 2023 and move to heal wounds from tense labor negotiations by addressing quality-of-life issues affecting its workforce. UP says will focus on service, not falling rates, in 2023 Journal […]

India-US freight rate decline shows no signs of slowing in new year Rates on trades out of India continue to soften in January, most notably to the US, and at least one carrier is seeking general rate increases in a bid to prop up prices. India-US freight rate decline shows no signs of slowing in […]

US truck freight recession is here, but not to stay: SMC3  Truckload and LTL freight volumes have dropped, but a turn will come sometime in mid-2023, industry executives said at the SMC3 Jumpstart conference in Atlanta. US truck freight recession is here, but not to stay: SMC3  Journal of Commerce

US inventory drawdown key to trans-Pacific volume recovery: analyst While there are encouraging signs regarding general merchandise retailers seeing their inventories-to-sales return towards pre-COVID levels, data suggests many sectors have a long way to go before their inventories-to-sales come back to pre-pandemic levels. US inventory drawdown key to trans-Pacific volume recovery: analyst Journal of Commerce

Vietnam sees surge in deep-sea vessel capacity amid trade sourcing shift With an increased focus by importers on geopolitics and “friend-shoring,” carriers are shifting an increasing volume of deep-sea vessel capacity away to Vietnam — and away from China. Vietnam sees surge in deep-sea vessel capacity amid trade sourcing shift Journal of Commerce