Monthly Archives for June 2024

Truckers, terminals and forwarders sorting out per-diem bills under new FMC rules The agency’s detention and demurrage rules are still unclear as to billing those charges to truckers, according to challenges put forth by ocean carriers. Truckers, terminals and forwarders sorting out per-diem bills under new FMC rules Journal of Commerce

Opportunistic intra-Asia carriers reenter trans-Pac trade amid soaring rates, demand Established long-haul carriers are also launching a raft of new services between Asia and Americas to take advantage of the buoyant market. Opportunistic intra-Asia carriers reenter trans-Pac trade amid soaring rates, demand Journal of Commerce

Opportunistic intra-Asia carriers reenter trans-Pacific trade amid soaring rates, demand Established long-haul carriers are also launching a raft of new services between Asia and Americas to take advantage of the buoyant market. Opportunistic intra-Asia carriers reenter trans-Pacific trade amid soaring rates, demand Journal of Commerce

Shippers, IMCs pleased with rail performance in 2024: survey Domestic intermodal service has been significantly better so far this year compared to the pandemic-disrupted years of 2020 to 2022, but shippers remain reluctant to tender some freight to the railroads, a Journal of Commerce survey found. Shippers, IMCs pleased with rail performance in 2024: survey […]

Canadian border agency, workers reach tentative deal on new contract The preliminary agreement avoids a strike that could have created traffic jams along the US-Canada border, disrupting trade and manufacturing. Canadian border agency, workers reach tentative deal on new contract Journal of Commerce

Rate management platform uses fresh funding to add auditing, amendments tools The new products were launched as Ship Angel announced a $5 million funding round by venture investors. Rate management platform uses fresh funding to add auditing, amendments tools Journal of Commerce

Asia-Europe ocean rates soar as shipper ‘panic’ brings orders forward Average spot rates on the westbound trade have tripled compared to this point last year, with growing demand likely to keep upward pressure on prices over the coming weeks. Asia-Europe ocean rates soar as shipper ‘panic’ brings orders forward Journal of Commerce

Somalia-based piracy menaces vessels rerouted away from Houthi threats Security forces preoccupied with Houthi attacks in the Red Sea and an increase in Indian Ocean shipping thanks to ongoing route diversions has created an opening for Somali pirates. Somalia-based piracy menaces vessels rerouted away from Houthi threats Journal of Commerce

Increased consumer spending drives latest upgrade for US import growth: retailers The Global Port Tracker has again increased its forecast for US imports through September, with the National Retail Federation pointing to retailers stocking up to meet the rising demand of consumers. Increased consumer spending drives latest upgrade for US import growth: retailers Journal of […]

Threat of Canadian border agent strike delayed, but not dead Shippers need to consider contingency plans for truck shipments crossing the US-Canadian border in case Canada’s Customs and Immigration Union calls a strike this week. Threat of Canadian border agent strike delayed, but not dead Journal of Commerce