ILA, USMX stake out sides as Charleston appeals Leatherman ruling The Port of Charleston’s request to overturn a ruling involving container calls to the Hugh K. Leatherman Terminal drew support from the US Maritime Alliance, but opposition from the International Longshoremen’s Association. ILA, USMX stake out sides as Charleston appeals Leatherman ruling Journal of Commerce
Read More →ILA, USMX stake out sides as Charleston appeals Leatherman ruling
on February 13, 2023in Industry News
US truckload capacity still abundant despite recent motor carrier exits
on February 13, 2023in Industry News
US truckload capacity still abundant despite recent motor carrier exits Smaller trucking firms are leaving the market at a faster rate, but plenty of truckload capacity remains, especially at larger fleets that are just short of record truck counts. US truckload capacity still abundant despite recent motor carrier exits Journal of Commerce
Read More →HMM banks solid result, but warns weak market will persist in 2023
on February 13, 2023in Industry News
HMM banks solid result, but warns weak market will persist in 2023 HMM joined other carriers in recording a highly positive 2022 performance, but the South Korean carrier said demand would continue to come under pressure this year. HMM banks solid result, but warns weak market will persist in 2023 Journal of Commerce
Read More →Zim adds capacity, frequency to its Asia-US East Coast service
on February 10, 2023in Industry News
Zim adds capacity, frequency to its Asia-US East Coast service Zim’s eCommerce Baltimore Express, which makes its first US call at Baltimore, will see a capacity boost of “nearly 50 percent.” Zim adds capacity, frequency to its Asia-US East Coast service Journal of Commerce
Read More →FMC judge ruling on chassis will have major impact, but questions linger
on February 10, 2023in Industry News
FMC judge ruling on chassis will have major impact, but questions linger A decision by an FMC administrative judge on chassis usage will shake up the way chassis are provisioned for ocean containers, but there are several unknowns on what the future will look like at ports and rail hubs. FMC judge ruling on chassis […]
Read More →West Coast labor talks resume after T-5 dispute temporarily set aside: sources
on February 10, 2023in Industry News
West Coast labor talks resume after T-5 dispute temporarily set aside: sources The resumption of negotiations between the ILWU and terminal employers can be viewed as a case of both sides feeling external pressure to get a deal done, especially with stakeholders growing increasingly displeased at the cargo bleed from West Coast ports. West Coast […]
Read More →High full-year rate levels offset OOCL’s poor Q4 performance
on February 10, 2023in Industry News
High full-year rate levels offset OOCL’s poor Q4 performance It might have been a fourth quarter to forget for OOCL as volume and rates tumbled, but a strong performance through the rest of 2022 has put the carrier on course for another profitable year. High full-year rate levels offset OOCL’s poor Q4 performance Journal of […]
Read More →Zero-carbon fuel crucial in meeting EU truck emissions targets: transport groups
on February 10, 2023in Industry News
Zero-carbon fuel crucial in meeting EU truck emissions targets: transport groups Meeting the EU road emissions targets will not be achieved by focusing exclusively on electric vehicles, with the combustion engine likely to play a significant role over the next two decades. Zero-carbon fuel crucial in meeting EU truck emissions targets: transport groups Journal of […]
Read More →Maersk must contend with volumes, market share in steady decline: analyst
on February 9, 2023in Industry News
Maersk must contend with volumes, market share in steady decline: analyst If Maersk’s volumes and market share continue to slip, the reduction in size will eventually challenge profitability aspirations in a market where some competitors are increasing their scale benefit, writes analyst Lars Jensen. Maersk must contend with volumes, market share in steady decline: analyst […]
Read More →US DOT says ports can tap $662 million in 2023 grants
on February 9, 2023in Industry News
US DOT says ports can tap 2 million in 2023 grants The US Department of Transportation’s Maritime Administration is on the hunt for port projects that mitigate climate change, among other aims, as it lays out grant funding opportunities for 2023. US DOT says ports can tap 2 million in 2023 grants Journal of Commerce
Read More →