GRI success, rising imports drive spot rates higher as trans-Pac peak season nears Retailers and NVOs aren’t sure if spot rates will continue to increase steadily through peak season or whether new capacity expected to enter the trans-Pacific in the coming months will cause rates to fall again. GRI success, rising imports drive spot rates […]
Read More →GRI success, rising imports drive spot rates higher as trans-Pac peak season nears
on July 20, 2023in Industry News
US warehouse vacancies rose in Q2, but market still ‘healthy’
on July 20, 2023in Industry News
US warehouse vacancies rose in Q2, but market still ‘healthy’ Vacancies are expected to continue rising into 2024 as construction of new warehouses near completion and outpace demand. US warehouse vacancies rose in Q2, but market still ‘healthy’ Journal of Commerce
Read More →Email technology provider Sedna snares funding targeting maritime, forwarding sectors
on July 20, 2023in Industry News
Email technology provider Sedna snares funding targeting maritime, forwarding sectors Sedna’s approach of allowing companies to retain their email systems while extending their value has won new forwarding and bulk customers and a fresh capital infusion. Email technology provider Sedna snares funding targeting maritime, forwarding sectors Journal of Commerce
Read More →India-US contract rates tick up after July GRI activity
on July 20, 2023in Industry News
India-US contract rates tick up after July GRI activity Freight forwarder sources in India believe the success of a fourth round of general rate increases scheduled for Aug. 1 will hinge on the ability of carriers to hold firm on recent pricing gains. India-US contract rates tick up after July GRI activity Journal of Commerce
Read More →Rotterdam posts sharp drop in H1 volume, provides muted full-year outlook
on July 20, 2023in Industry News
Rotterdam posts sharp drop in H1 volume, provides muted full-year outlook A weak global economy and limited demand in Europe has set the continent’s largest port on course for a second year of declining volume. Rotterdam posts sharp drop in H1 volume, provides muted full-year outlook Journal of Commerce
Read More →Longshore labor unrest a new daily fact of life for North American shippers
on July 19, 2023in Industry News
Longshore labor unrest a new daily fact of life for North American shippers Part of the new dynamic on the waterfront reflects wider transportation labor activism where rail, aviation, trucking and longshore workers have achieved or are seeking to achieve substantial enhancements in pay and work rules, writes Peter Tirschwell. Longshore labor unrest a new […]
Read More →Maersk grows air freight services with opening of Atlanta hub
on July 19, 2023in Industry News
Maersk grows air freight services with opening of Atlanta hub The 123,000-square-foot warehouse will also serve as a forward staging area for the carrier’s South Carolina-based flight operations that link the southeast US to Germany, China and South Korea. Maersk grows air freight services with opening of Atlanta hub Journal of Commerce
Read More →Longshore workers at Western Canadian ports returning to work, for now
on July 19, 2023in Industry News
Longshore workers at Western Canadian ports returning to work, for now The rejection of last week’s tentative contract deal by a caucus of ILWU Canada narrows the prospects of a resolution without one imposed by Parliament through back-to-work legislation. Longshore workers at Western Canadian ports returning to work, for now Journal of Commerce
Read More →UPDATE: Western Canada longshore workers retract notice of Saturday strike
on July 19, 2023in Industry News
UPDATE: Western Canada longshore workers retract notice of Saturday strike The rejection of last week’s tentative contract deal by a caucus of ILWU Canada narrows the prospects of a resolution without one imposed by Parliament through back-to-work legislation. UPDATE: Western Canada longshore workers retract notice of Saturday strike Journal of Commerce
Read More →Technology providers partner to improve breakbulk rail tracking
on July 19, 2023in Industry News
Technology providers partner to improve breakbulk rail tracking The desire to improve rail and intermodal visibility for bulk and breakbulk customers has led transportation management software provider IntelliTrans to partner with hardware vendor Nexxiot. Technology providers partner to improve breakbulk rail tracking Journal of Commerce
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