Monthly Archives for April 2023

Antwerp-Bruges Q1 volumes slip amid Europe’s economic woes, Ukraine war The poor economic conditions affecting Europe’s major economies and the ongoing war in Ukraine continue to drag down container volumes at the continent’s second-largest port. Antwerp-Bruges Q1 volumes slip amid Europe’s economic woes, Ukraine war Journal of Commerce

US truckload carriers look to fill revenue gaps as rates fall With contract rates down as much as 16 percent in March, producer price index data indicates truckload carriers are making more use of accessorial charges. US truckload carriers look to fill revenue gaps as rates fall Journal of Commerce

Container glut hurt J. B. Hunt, other intermodal providers in Q1 Intermodal providers began idling thousands of domestic containers when demand fell sharply in the first quarter, causing an equipment glut across the US. Container glut hurt J. B. Hunt, other intermodal providers in Q1 Journal of Commerce

Container glut hurt J.B. Hunt, other intermodal providers in Q1 Intermodal providers began idling thousands of domestic containers when demand fell sharply in the first quarter, causing an equipment glut across the US. Container glut hurt J.B. Hunt, other intermodal providers in Q1 Journal of Commerce

MPV sentiment improves even as short-term demand softens Multipurpose carrier analysts report short-term rate softening and a looser spot market, but there is confidence in longer-term energy and renewables demand. MPV sentiment improves even as short-term demand softens Journal of Commerce

Ocean carriers showing signs of resilience despite freight rate plunge: analyst Despite the sharp decline in ocean freight rates, current market fundamentals point to carriers, to some degree, becoming better at pricing and yield management than they were prior to the pandemic, writes analyst Lars Jensen. Ocean carriers showing signs of resilience despite freight rate […]

Rising capacity prompts ‘tough freight war’ on Japan-US trade Forwarders said the capacity increase is due to carriers no longer skipping or blanking calls at Japanese ports following the normalization of demand and the easing of port congestion in the US. Rising capacity prompts ‘tough freight war’ on Japan-US trade Journal of Commerce

LA-LB dockworkers target automated terminals as job actions continue Members of the ILWU Local 13 have been “red-tagging” cargo-handling equipment at Los Angeles–Long Beach’s three automated terminals, which designates the equipment as unsafe and forces an inspection, sources say. LA-LB dockworkers target automated terminals as job actions continue Journal of Commerce

MSC’s US EVP sees import demand readying for H2 rebound The carrier executive says despite a slow start to 2023, a return to seasonal shipping patterns in August and September could follow a mid-summer lull in import demand. MSC’s US EVP sees import demand readying for H2 rebound Journal of Commerce

MSC’s US chief sees import demand readying for H2 rebound The carrier executive says despite a slow start to 2023, a return to seasonal shipping patterns in August and September could follow a mid-summer lull in import demand. MSC’s US chief sees import demand readying for H2 rebound Journal of Commerce