Monthly Archives for March 2023

US draft legislation seeks to update OSRA-22, boost China scrutiny The bill would heighten transparency into regulatory penalties levied against ocean carriers and marine terminal operators and draw a sharp line on the involvement of China-based entities in US shipping. US draft legislation seeks to update OSRA-22, boost China scrutiny Journal of Commerce

CP-KCS could benefit from rising tide of cross-border freight from Mexico The combined railroad has an opportunity to divert more than 64,000 truck shipments to intermodal rail, according to S&P Global, but that’s only the crest of a wave of US imports from Mexico.  CP-KCS could benefit from rising tide of cross-border freight from Mexico […]

CP-KCS to benefit from rising tide of cross-border freight from Mexico The combined railroad has an opportunity to divert more than 64,000 truck shipments to intermodal rail, according to S&P Global, but that’s only the crest of a wave of US imports from Mexico.  CP-KCS to benefit from rising tide of cross-border freight from Mexico […]

Shipper group wants more FMC action on dwell fees, ERDs An advisory group created by the FMC two years ago is pushing the agency to act on several key issues, but some members have expressed frustration over the response from regulators. Shipper group wants more FMC action on dwell fees, ERDs Journal of Commerce

As European recession fears fade, hopes build for restocking surge The European consumer goods and retail sectors are steadily working their way through excess inventory piled up at warehouses, with growing expectations of a second-half return of demand. As European recession fears fade, hopes build for restocking surge Journal of Commerce

MSC makes moves to upsize, launch standalone services The 2M Alliance has closed one of its six Asia-North Europe services as MSC prepares for a wave of megaship capacity to be delivered in the next two months. MSC makes moves to upsize, launch standalone services Journal of Commerce

Shipwell arms ‘underserved’ smaller shippers with automated bidding tool Shippers that often use spreadsheets and small transportation teams to bid and execute freight shipments are the target of a new software tool from technology provider Shipwell. Shipwell arms ‘underserved’ smaller shippers with automated bidding tool Journal of Commerce

US truckload rates drop sharply in February, but not LTL pricing: PPIs Trucking is a tale of two sectors in early 2023, with truckload carriers making more significant contract rate concessions than less-than-truckload companies, according to the US producer price index. US truckload rates drop sharply in February, but not LTL pricing: PPIs Journal of […]

Wan Hai consolidates USEC services as market takes ‘breather’ Wan Hai’s two pandemic-era US East Coast services will be merged in a move designed to provide more regular capacity. Wan Hai consolidates USEC services as market takes ‘breather’ Journal of Commerce

US regulators approve CP-KCS merger to form first US-Canada-Mexico rail In approving the $31 billion merger, the Surface Transportation Board rejected arguments from the FMC and competing railroads that the deal would harm US ports and shippers. US regulators approve CP-KCS merger to form first US-Canada-Mexico rail Journal of Commerce