Monthly Archives for June 2024

Importers try to push cargo to contract rates as trans-Pac spot market surges Amid soaring spot rates, importers are booking as much cargo as possible under the allotments in their freshly signed annual service contracts, many of which just went into effect on May 1. Importers try to push cargo to contract rates as trans-Pac […]

Navigating cargo preference is key in US energy buildout Managing federal funding requires transparency, early coordination between logistics and finance, and early planning with MARAD in mind. Navigating cargo preference is key in US energy buildout Journal of Commerce

Barbara Yeninas, maritime communications pioneer, leaves 50-year legacy Barbara Yeninas, who died May 31, is remembered as a passionate supporter of the container shipping industry, having cut her teeth reporting on the Port of Newark and then launching a well-known communications firm. Barbara Yeninas, maritime communications pioneer, leaves 50-year legacy Journal of Commerce

Knock-on effects of unexpected container shortage take aim at North America: analyst The current chaos playing out in the container market globally doesn’t have to last that long to have some big impacts on North American intermodal, writes Larry Gross. Knock-on effects of unexpected container shortage take aim at North America: analyst Journal of Commerce

Bottlenecks flare in Barcelona as port battles rise in transshipment volumes As a destination port, Barcelona is being used for transshipment beyond its capacity, something that has increased dwell times and slowed the turnaround of vessels. Bottlenecks flare in Barcelona as port battles rise in transshipment volumes Journal of Commerce

Transfix selling digital brokerage business to NFI Industries One of the first “digital-native” brokerages, Transfix is shifting its focus to selling software as a service to other brokers, including NFI. Transfix selling digital brokerage business to NFI Industries Journal of Commerce

No industry consensus on duration of Asia-Europe ocean disruption The return of regular voyages to the Red Sea and Suez Canal will signal an end to the current disruption on the Asia-Europe trade lane, but there remains zero visibility on when that will happen. No industry consensus on duration of Asia-Europe ocean disruption Journal of […]

Financial burden of decarbonization more likely to fall on ocean carriers To the extent carriers can’t pass those costs along, the industry faces the prospect of sharply higher costs for zero-carbon fuels, and potentially further consolidation and reduction in choice for shippers. Financial burden of decarbonization more likely to fall on ocean carriers Journal of […]

SEKO reinstated to US duty-free program, but still pursuing action against CBP The forwarder says it has been “conditionally” restored to CBP’s so-called Type 86 program and has filed a complaint against the agency to get reinstated without conditions. SEKO reinstated to US duty-free program, but still pursuing action against CBP Journal of Commerce

China’s ports still lead performance rankings, while India’s move higher: CPPI The fourth edition of the Container Port Performance Index shows some changes in the annual list’s middle tier as ports improve and new entrants make their mark. China’s ports still lead performance rankings, while India’s move higher: CPPI Journal of Commerce