Monthly Archives for July 2024

Former KCS CEO Pat Ottensmeyer dies at 67 Ottensmeyer spent 17 years with Kansas City Southern Railway until the merger with Canadian Pacific Railway in 2023, then served on J.B. Hunt’s board of directors. Former KCS CEO Pat Ottensmeyer dies at 67 Journal of Commerce

Brazil shippers say North America container rates surge close to record highs Strong demand, tight vessel capacity and delays at some key Brazilian ports are pushing freight rates close to the record levels hit during the pandemic. Brazil shippers say North America container rates surge close to record highs Journal of Commerce

Canadian longshore foremen prep for possible strike after DP World hearing British Columbia’s maritime employers warn of a port-wide strike vote taking place as Canada’s labor tribunal considers a union proposal about staffing at DP World’s Centerm. Canadian longshore foremen prep for possible strike after DP World hearing Journal of Commerce

Vancouver’s longshore foremen prep for possible strike after DP World hearing The Port of Vancouver’s maritime employers warn of a port-wide strike vote taking place as Canada’s labor tribunal considers a union proposal about staffing at DP World’s Centerm. Vancouver’s longshore foremen prep for possible strike after DP World hearing Journal of Commerce

EU anti-deforestation law poised to roil markets: supply chain experts Investment in technology to address the complex regulation is critical for cargo owners shipping to Europe, but it could have significant side effects to trade and consumer prices, experts warn. EU anti-deforestation law poised to roil markets: supply chain experts Journal of Commerce

US LTL companies intensify push to open new terminals Saia, Knight-Swift and other LTL carriers are moving ahead with plans to open terminals once owned by bankrupt Yellow, despite higher costs. US LTL companies intensify push to open new terminals Journal of Commerce

Asian imports, Canada diversions boost UP’s intermodal business UP’s containerized intermodal volume is up 6% in July as West Coast imports grow and the threat of a strike diverts some Canadian international intermodal freight. Asian imports, Canada diversions boost UP’s intermodal business Journal of Commerce

Signs point to US truckload revival in 2025: Knight-Swift The return of seasonality, tender rejections and an end to discounting all hint at a coming uptick in truckload demand in the second half and higher rates next year, the largest US truckload operator says. Signs point to US truckload revival in 2025: Knight-Swift Journal of Commerce

Cosco boosts slot space on CMA CGM’s standalone India-USEC loop CMA CGM will begin a rebranded standalone India America Express string from Aug. 15, decoupling from the consortium it had with Hapag-Lloyd. Cosco boosts slot space on CMA CGM’s standalone India-USEC loop Journal of Commerce

West Coast ports say ready to handle peak season bump after front-loading surge The gateways say they are well-positioned to take on additional diversions from the East and Gulf coasts should an ILA strike occur after the current labor deal expires at the end of September. West Coast ports say ready to handle peak season […]