Monthly Archives for April 2023

NY-NJ gets rail grant as port seeks to grow intermodal franchise The Port of New York and New Jersey aims to complete a project in the next two years designed to speed the movement of intermodal trains as other ports along the East Coast jockey for discretionary cargo. NY-NJ gets rail grant as port seeks […]

Carriers implement sailing cuts amid berth work at India’s JNPT On top of erratic berth availability at JNPT, ocean carriers have received a cost escalation blow with India’s national port regulator approving significant tariff hikes at two key terminals. Carriers implement sailing cuts amid berth work at India’s JNPT Journal of Commerce

CMA CGM air cargo deal with Air France-KLM takes off The 10-year partnership between Air France-KLM and CMA CGM will dramatically expand the available air cargo capacity and global network of the France-based fleet. CMA CGM air cargo deal with Air France-KLM takes off Journal of Commerce

Shipper savings to rocket in 2023 at expense of carrier profits: analysts The normalization of container shipping markets on the major trade lanes out of Asia will slash carrier profits this year, but falling rate levels will also yield significant savings for shippers. Shipper savings to rocket in 2023 at expense of carrier profits: analysts […]

Shipping reform would not have prevented pandemic-era disruption: analyst While it may be easy to understand the desire to fix container shipping’s perceived problems with government intervention, no amount of reform would have prevented the shortage of capacity or record freight rates during the pandemic disruption, writes analyst Lars Jensen. Shipping reform would not have […]