Monthly Archives for May 2023

Oakland’s Howard Terminal eyes redevelopment after ballpark proposal dies With a proposed baseball stadium at the terminal location off the table, the Port of Oakland is considering options to expand maritime support activities at the 50-acre site to complement overall growth at the port. Oakland’s Howard Terminal eyes redevelopment after ballpark proposal dies Journal of […]

India-Europe contract prices tumble as demand rebound eludes carriers Forwarders do not expect prices to stabilize or trend up anytime soon, with carriers increasingly struggling to secure steady booking levels to fill their export allocations out of India despite capacity readjustments. India-Europe contract prices tumble as demand rebound eludes carriers Journal of Commerce

Pandemic-level drop in Q1 demand hits European intermodal transport A “perfect storm” of poor schedule reliability, persistently high electricity prices, weak demand and cheaper diesel for trucking continues to undermine Europe’s rail-dominated combined transport sector. Pandemic-level drop in Q1 demand hits European intermodal transport Journal of Commerce

US-Mexico cross-border trucking expanding on manufacturing demand, nearshoring  Greater demand for manufactured goods, especially automotive parts, is spurring Mexico-to-US cross-border trucking, with more nearshoring of production on the horizon. US-Mexico cross-border trucking expanding on manufacturing demand, nearshoring  Journal of Commerce

Lower volumes translate into better North American intermodal service: survey Customers were largely satisfied with intermodal service in early 2023, citing CSX and J.B. Hunt as the top overall providers in North America, according to a Journal of Commerce biannual survey. Lower volumes translate into better North American intermodal service: survey Journal of Commerce

Uber Freight’s Driegert jumps to Flexport to lead new brokerage unit Flexport has lured a key figure in the development of Uber Freight and Coyote Logistics in a move likely to shake up the domestic third-party logistics market. Uber Freight’s Driegert jumps to Flexport to lead new brokerage unit Journal of Commerce

House bill wants security checks of port cranes made by US ‘adversaries’ The bi-partisan legislation does not identify specific countries that manufacture the cranes that would be subject to inspection, but a statement from the co-sponsors specifically mentions China. House bill wants security checks of port cranes made by US ‘adversaries’ Journal of Commerce

Top US Shippers: Slower US consumer spending to compound export decline in paper, forest products Some paper products remained in high demand last year, but a decline in China’s real estate economy and a ban on a certain type of pine logs put additional downward pressure on forest products exports. Top US Shippers: Slower US […]

Hopeful wind OEMs look for rebound after emerging from pandemic Quarterly earnings reports reveal that wind turbine manufacturers are slowly recovering from a pandemic market battering as orders and revenues ramp up. Hopeful wind OEMs look for rebound after emerging from pandemic Journal of Commerce

NITL lends support for move to give FMC oversight of rail storage fees Rail storage has been at the forefront of recent regulatory discussion as the FMC solidifies its final rulemaking on detention and demurrage, with shippers wanting ocean carriers to be the billing party for such charges. NITL lends support for move to give […]