Monthly Archives for June 2024

Biofuel an ‘unsustainable’ green option: climate activist The airline industry is pinning its hopes on sustainable aviation fuel providing a long-term path to net zero, but there will not be enough biofuel to go around, European climate campaigners Transport & Environment have found. Biofuel an ‘unsustainable’ green option: climate activist Journal of Commerce

Transfix sale highlights VC’s uneasy fit with freight brokerage The uneven success of the digital brokerage model suggests that the foundations of the market were harder to disrupt than venture investors first envisioned a decade ago, and maybe even harder than some of the founders of digital brokerages had foreseen. Transfix sale highlights VC’s uneasy […]

Savannah’s intermodal share moves higher as carriers ‘embrace’ rail The market share of loads entering or exiting the port’s Garden City Terminal on train has increased from a year ago as the Georgia Ports Authority grows into a relatively new on-dock rail yard. Savannah’s intermodal share moves higher as carriers ‘embrace’ rail Journal of Commerce

Indian shippers brace for wave of carrier charges as capacity suffers Forwarder sources believe that the upcoming weeks could prove challenging for bookings to the US East Coast, given that ONE’s WIN service will have two blank sailings out of India in July. Indian shippers brace for wave of carrier charges as capacity suffers Journal […]

Big capacity injection into ex-Asia trades having little effect: Drewry The longer transits around southern Africa, port congestion at key hubs in Asia and unseasonally strong demand has absorbed all the capacity carriers threw into the major east-west trade lanes early this year. Big capacity injection into ex-Asia trades having little effect: Drewry Journal of […]

Weaker US produce volumes help keep lid on truckload rates Produce shipments by weight have dropped in 2024, and that’s helped maintain “adequate” truckload capacity in most parts of the US, the Department of Agriculture said. Weaker US produce volumes help keep lid on truckload rates Journal of Commerce

Peak season surcharges land earlier, and higher, in hot trans-Pacific market With vessel space from Asia to the US at a premium amid an early peak season, ocean carriers have been largely successful in implementing the surcharges in June, and some will keep pushing their luck in July. Peak season surcharges land earlier, and higher, […]

US truckload spot rates rise, but still below year-ago levels This year’s truckload spot rates are hugging the baseline set in 2023 as the freight recession drags on; a major increase seems unlikely anytime soon. US truckload spot rates rise, but still below year-ago levels Journal of Commerce

Reefer shippers face longer booking times, box shortages amid port congestion Still, insurers said the difficulties have yet to materialize in a noticeable rise in claims for spoiled cold chain or perishable products. Reefer shippers face longer booking times, box shortages amid port congestion Journal of Commerce

Specter of port strike looming over as-yet unscathed trans-Atlantic trade Measures to mitigate the impact of a potential labor disruption at US East and Gulf coast ports could cause the trans-Atlantic market to follow the same path as the heavily disrupted trades out of Asia. Specter of port strike looming over as-yet unscathed trans-Atlantic trade […]