Carbon pricing needs reform to address ‘skewed’ trade policy: WTO Dirtier products are the unintentional winners in global trade where cleaner finished goods pay higher tariffs, resulting in an effective “subsidy” of polluting commodities, according to the World Trade Organization. Carbon pricing needs reform to address ‘skewed’ trade policy: WTO Journal of Commerce
Read More →Carbon pricing needs reform to address ‘skewed’ trade policy: WTO
on January 23, 2023in Industry News
Big Flexport layoffs offer potential clue to its future identity
on January 20, 2023in Industry News
Big Flexport layoffs offer potential clue to its future identity Scrutiny over Flexport’s job cuts earlier this month points to a long-term issue for the venture-backed logistics company: a perceived lack of identity in a market that has long been skeptical of its differentiation. Big Flexport layoffs offer potential clue to its future identity Journal […]
Read More →Waning demand, service issues to weigh on international intermodal volumes
on January 20, 2023in Industry News
Waning demand, service issues to weigh on international intermodal volumes If inland rail ramps remain congested due to chassis shortages and discretionary imports continue to flow away from the West Coast to the East Coast, international intermodal volumes could decline for a second straight year. Waning demand, service issues to weigh on international intermodal volumes […]
Read More →Ocean shippers may ‘pay up’ for secure capacity despite weak market
on January 20, 2023in Industry News
Ocean shippers may ‘pay up’ for secure capacity despite weak market Even as weak economic conditions prevail during the annual service contract negotiating cycle, it does not automatically mean shippers will be driving the hardest possible bargains with newly vulnerable carriers. Ocean shippers may ‘pay up’ for secure capacity despite weak market Journal of Commerce
Read More →India-US trade adds new capacity with Cosco-OOCL service to East Coast
on January 20, 2023in Industry News
India-US trade adds new capacity with Cosco-OOCL service to East Coast The AWES service itinerary is yet another example of liners’ increasing network consolidation at Mundra for the Indian leg, a single-port call strategy that, arguably, helps them save on marine dues. India-US trade adds new capacity with Cosco-OOCL service to East Coast Journal of […]
Read More →Rotterdam rolls out delay-busting barge planning tool
on January 20, 2023in Industry News
Rotterdam rolls out delay-busting barge planning tool The digital sharing of schedule information via Rotterdam’s Nextlogic platform addresses the complexity involved in terminals booking and handling 18,000 container barges a year. Rotterdam rolls out delay-busting barge planning tool Journal of Commerce
Read More →Lack of data leaves shippers reliant on 3PLs to reduce Scope 3 emissions
on January 20, 2023in Industry News
Lack of data leaves shippers reliant on 3PLs to reduce Scope 3 emissions Pressure on shippers to take a more active role in bringing down so-called Scope 3 emissions covering the activities of a company’s third-party vendors — including transportation — has increased in recent years. Lack of data leaves shippers reliant on 3PLs to […]
Read More →J.B. Hunt focusing on faster container turns to move more loads
on January 19, 2023in Industry News
J.B. Hunt focusing on faster container turns to move more loads J.B. Hunt Transport Services will focus on working with shippers to empty containers in a more expedited manner as freight is moving slower than ever with box turn ratios falling for four consecutive years. J.B. Hunt focusing on faster container turns to move more […]
Read More →Matson expects weak demand, freight rates to continue through H1
on January 19, 2023in Industry News
Matson expects weak demand, freight rates to continue through H1 The softening outlook from niche carrier Matson foreshadows that the decline in US imports from Asia and the softening freight rates that began last fall are likely to continue through the first half of 2023. Matson expects weak demand, freight rates to continue through H1 […]
Read More →Half of trans-Pacific vessel capacity faces Lunar New Year cut: analyst
on January 19, 2023in Industry News
Half of trans-Pacific vessel capacity faces Lunar New Year cut: analyst While a 50 percent capacity cut is about typical in the eastbound trans-Pacific during the post-Lunar New Year lull, more blank sailings could be in the offing given the accelerating decline in US import demand. Half of trans-Pacific vessel capacity faces Lunar New Year […]
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