Monthly Archives for March 2023

Forwarders grapple with new freight rate math on tech investments Forwarders that experimented with new software during the days of robust freight demand now face a dilemma over what technology produces actual returns on investment as volumes and margin shrink. Forwarders grapple with new freight rate math on tech investments Journal of Commerce

US ag exporters feel pinch of work shift cuts at West Coast terminals Ongoing uncertainty over longshore labor on the West Coast is disrupting the long-term relationships US agricultural exporters have worked to establish with their overseas buyers. US ag exporters feel pinch of work shift cuts at West Coast terminals Journal of Commerce

HMM joins Maersk in ending demurrage collection at closed terminals HMM’s decision to immediately cease charging demurrage fees at closed terminals comes as the US Federal Maritime Commission is finalizing rulemaking around free time billing practices. HMM joins Maersk in ending demurrage collection at closed terminals Journal of Commerce

New bill in US House seeks repeal of carriers’ antitrust immunity The legislation also aims to provide a boost for US exporters by prioritizing getting their products into foreign markets and better defending them against container rate increases and detention and demurrage fees. New bill in US House seeks repeal of carriers’ antitrust immunity Journal […]

US resin exports start 2023 strong, but growth outlook cloudy Recovering US supply and lower shipping costs are benefiting resin exports, but the uncertain forecast for the global economy makes the outlook for more growth a guessing game. US resin exports start 2023 strong, but growth outlook cloudy Journal of Commerce

APM Terminals to develop Haiphong container terminal with Vietnam’s Hateco APM Terminals said the new facility would specifically target North American and European export and import markets. APM Terminals to develop Haiphong container terminal with Vietnam’s Hateco Journal of Commerce

German strikes over pay dispute cripple transportation network German unions demanding inflation-busting wage increases walked off the job Monday, bringing the country’s transport system to a halt. German strikes over pay dispute cripple transportation network Journal of Commerce

Owner puts heavy-lift giant Mammoet up for sale Dutch conglomerate SHV’s planned divestment of Mammoet, the world’s largest heavy-lift and engineered transport company, could have a “very important impact” on the sector, according to one consultant. Owner puts heavy-lift giant Mammoet up for sale Journal of Commerce

Shipping interests urge White House intervention in West Coast labor talks The plea to the Biden Administration comes just days after the Pacific Maritime Association said the latest job action by dockworkers caused “significant delays” at some marine terminals at the ports of Los Angeles and Long Beach. Shipping interests urge White House intervention in […]

US House duo pledge OSRA fixes to boost FMC power US Federal Maritime Commission Chairman Daniel Maffei went before Congress Thursday to field questions about the agency’s budget, slow-going rulemaking, and whether new amendments are needed for shipping reform. US House duo pledge OSRA fixes to boost FMC power Journal of Commerce