Category Archives for Industry News

MSC restores trans-Pac Liberty service with new call at Philadelphia The carrier said the move was a response to “ongoing robust demand” on the trade lane, becoming the second trans-Pacific service MSC has relaunched this year. MSC restores trans-Pac Liberty service with new call at Philadelphia Journal of Commerce

MSC restores trans-Pacific Liberty service with new call at Philadelphia The carrier said the move was a response to “ongoing robust demand” on the trade lane, becoming the second trans-Pacific service MSC has relaunched this year. MSC restores trans-Pacific Liberty service with new call at Philadelphia Journal of Commerce

CN sees some diversion of intermodal freight to US amid labor uncertainty Ocean carriers and shippers are diverting some intermodal freight to US ports to counter the threat of a Teamsters strike against Canadian railroads. CN sees some diversion of intermodal freight to US amid labor uncertainty Journal of Commerce

PIL turns to software vendor to meet 2030 eBL target The Singapore-based ocean carrier is the fifth shipping line to use WaveBL’s electronic bill of lading product. PIL turns to software vendor to meet 2030 eBL target Journal of Commerce

High ocean demand from Asia shows signs of peaking: DSV CEO Jens Lund believes the supply and demand balance on the major trade lanes is being restored as front-loaded shipments make their way through the supply chain. High ocean demand from Asia shows signs of peaking: DSV CEO Journal of Commerce

House approves bill authorizing harbor projects in Baltimore, Oakland The passage of the Water Resources Development Act in the House of Representatives brings Congress one step closer to authorizing major navigational projects at the two ports. House approves bill authorizing harbor projects in Baltimore, Oakland Journal of Commerce

UPS eyes growth in Mexico and plans for a strong peak season The acquisition of Mexican package company Estafeta gives UPS a full-fledged ground operation in Mexico that can link to its cross-border and global services. UPS eyes growth in Mexico and plans for a strong peak season Journal of Commerce

UPS eyes growth in Mexico, plans for a strong peak season The acquisition of Mexican package company Estafeta gives UPS a full-fledged ground operation in Mexico that can link to its cross-border and global services. UPS eyes growth in Mexico, plans for a strong peak season Journal of Commerce

High ocean rates, air cargo peak expected to elevate K+N H2 profit: CEO Kuehne + Nagel’s Stefan Paul presented a sunny outlook for the rest of the year, saying he expects strengthening air and ocean yields to turn around declines reported across most of the forwarder’s financial metrics in the first half. High ocean rates, […]

US warehousing vacancies rise, but demand seen returning by 2025 Shrinking inventories have helped drive up warehouse vacancy rates and decreased utilization, but signs that demand is building point to a tightening market. US warehousing vacancies rise, but demand seen returning by 2025 Journal of Commerce