ILA seeking huge wage hike from maritime employers: sources The disclosure of a 76% wage increase proposal comes as ILA sent a 60-day notice to the United States Maritime Alliance (USMX) warning that the union is prepared to strike if a new labor deal is not signed before the current contract’s Sept. 30 expiration. ILA […]
Read More →Shifting trans-Pac dynamics push rate spread to almost two-year high
on August 5, 2024in Industry News
Shifting trans-Pac dynamics push rate spread to almost two-year high The differential between East and West coast spot rates is now more than $3,000 as retailers rush to ship their imports from Asia ahead of a possible strike by ILA dockworkers when their contract expires on Sept. 30. Shifting trans-Pac dynamics push rate spread to […]
Read More →NS implementing reservation system for container drop-offs from Sept. 4
on August 5, 2024in Industry News
NS implementing reservation system for container drop-offs from Sept. 4 Norfolk Southern believes a mandatory reservation system for trucking companies bringing containers into its terminals will improve fluidity and prevent congestion from building. NS implementing reservation system for container drop-offs from Sept. 4 Journal of Commerce
Read More →NS implementing appointment system for container drop-offs from Sept. 1
on August 5, 2024in Industry News
NS implementing appointment system for container drop-offs from Sept. 1 Norfolk Southern believes a mandatory reservation system for trucking companies bringing containers into its terminals will improve fluidity and prevent congestion from building. NS implementing appointment system for container drop-offs from Sept. 1 Journal of Commerce
Read More →Trans-Atlantic ocean carriers make rare surcharge moves to bolster rates
on August 5, 2024in Industry News
Trans-Atlantic ocean carriers make rare surcharge moves to bolster rates The attempts to raise prices on the westbound trade lane come as the shadow of potential labor disruption looms at ports along the US East and Gulf coasts. Trans-Atlantic ocean carriers make rare surcharge moves to bolster rates Journal of Commerce
Read More →Hub Group regains rail share, while Schneider’s Q2 volume stays flat
on August 2, 2024in Industry News
Hub Group regains rail share, while Schneider’s Q2 volume stays flat While intermodal demand is not strong in the eastern US, there is surging demand in Southern California that could result in providers levying peak season surcharges on some shippers. Hub Group regains rail share, while Schneider’s Q2 volume stays flat Journal of Commerce
Read More →Matson’s expedited China business fuels Q2 earnings gains
on August 2, 2024in Industry News
Matson’s expedited China business fuels Q2 earnings gains Matson’s second quarter financial rose well above both last year and the consensus estimate as shippers looked to its expedited ocean services for relief from high air cargo rates. Matson’s expedited China business fuels Q2 earnings gains Journal of Commerce
Read More →Decades on, ‘supply chain visibility’ remains a work in progress
on August 2, 2024in Industry News
Decades on, ‘supply chain visibility’ remains a work in progress Many tools tend to focus on providing visibility centered around the “planned” supply chain, but perhaps what the industry needs is a shift in mindset that puts greater attention on exceptions, writes analyst Lars Jensen. Decades on, ‘supply chain visibility’ remains a work in progress […]
Read More →US LTL carriers gaining shipments despite ‘soft’ freight demand
on August 2, 2024in Industry News
US LTL carriers gaining shipments despite ‘soft’ freight demand Large LTL trucking companies including XPO, Saia, ODFL and Knight-Swift are increasing volumes by diversifying and going deeper into shipper supply chains as they add customers. US LTL carriers gaining shipments despite ‘soft’ freight demand Journal of Commerce
Read More →Overbookings, service changes roil India-US East Coast loads: forwarders
on August 2, 2024in Industry News
Overbookings, service changes roil India-US East Coast loads: forwarders With major liners on the trade lane reporting full ships over the last few weeks, incidents of cargo rolling have been more pervasive, forwarders say. Overbookings, service changes roil India-US East Coast loads: forwarders Journal of Commerce
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