Category Archives for Industry News

Lack of consolidation driving freight visibility differentiation, competition A dearth of consolidation means there are still plenty of visibility vendors for shippers to choose from, but it also means the market as a whole is on somewhat unsteady ground. Lack of consolidation driving freight visibility differentiation, competition International Freight

NVOs eager to get past carriers’ tight grip on unexpectedly favorable market NVOs will enter 2025 hoping that their experience this year with carriers taking a get-tough approach to their business dealings was merely cyclical, a product of an unusual market following the Red Sea diversions and an early peak season. NVOs eager to get […]

NYSHEX says will launch ocean freight rate indexes next year The New York Shipping Exchange’s plan to introduce indexes to support long-term contracts adds to an already crowded field of providers. NYSHEX says will launch ocean freight rate indexes next year International Freight

Air cargo peak season elevates as Chinese export rates hit 2024 high Volume and rates on the Asian export corridors to the US and Europe have been high all year and online shopping promotions in November are further stoking the market. Air cargo peak season elevates as Chinese export rates hit 2024 high International Freight

BCOs should forsake ‘revenge’ to build ‘collaborative’ relationships with carriers Advisors to beneficial cargo owners say mitigating future supply chain disruptions requires BCOs to proactively engage with ocean carriers and forwarders, seeking to build partnerships even if past experience suggests they end in disappointment. BCOs should forsake ‘revenge’ to build ‘collaborative’ relationships with carriers International […]

Payment technology adapting to account for smaller invoice inaccuracies Shippers once saw small variances on freight bills as a nuisance too insignificant to dispute, but technology is enabling more efficient scrutiny across transportation modes. Payment technology adapting to account for smaller invoice inaccuracies International Freight

Strong imports, low blanks extend peak season on eastbound trans-Pacific Import demand from Asia, which typically tapers ahead of Black Friday sales, is holding steady, fueled by resilient retail sales, tariff concerns and the mid-January expiration of the tentative ILA labor agreement. Strong imports, low blanks extend peak season on eastbound trans-Pacific International Freight

Value of Schenker takeover will manifest in expanding services: DSV CEO Jens Lund this week emphasized the earnings potential of the takeover, pointing to greater scale and a wider portfolio of services that would increase the combined entity’s reach. Value of Schenker takeover will manifest in expanding services: DSV CEO International Freight

DSV, K+N post solid Q3 revenue gains, but profit margins under pressure Rising competition and tough negotiations with customers are believed to be behind the narrowing profit margins that were plainly displayed in the financial results of the two forwarders. DSV, K+N post solid Q3 revenue gains, but profit margins under pressure International Freight

Government, board approvals clear way for DSV-DB Schenker merger Deutsche Bahn’s supervisory board approved DSV’s $16 billion acquisition of rival forwarder DB Schenker despite opposition from union members on the board. Government, board approvals clear way for DSV-DB Schenker merger International Freight