Category Archives for Industry News

Forwarders locked in margin-destroying price war in post-COVID ocean market Price is once again on the side of shippers, with excess ocean capacity allowing them to extract lower rates from service providers. Forwarders locked in margin-destroying price war in post-COVID ocean market Journal of Commerce

deugro orders customized ro-ro newbuildings for wind turbine transport deugro and partners Siemens and Amasus will build and deploy two specialized offshore wind ro-ro vessels able to accommodate increasingly large wind turbine components. deugro orders customized ro-ro newbuildings for wind turbine transport Journal of Commerce

deugro orders customized ro/ro newbuildings for wind turbine transport deugro and partners Siemens and Amasus will build and deploy two specialized offshore wind ro/ro vessels able to accommodate increasingly large wind turbine components. deugro orders customized ro/ro newbuildings for wind turbine transport Journal of Commerce

Don’t equate ‘normal’ ocean shipping market to stability: analyst While indicators may point to a “normal” container shipping market in the wake of the pandemic, it is important to remember that disruptions large and small are all part of that normality, writes analyst Lars Jensen. Don’t equate ‘normal’ ocean shipping market to stability: analyst Journal […]

LTL carrier Roadrunner finds faster network attracts more freight More freight density, a tighter point-to-point network and better data have enabled successive rounds of transit time cuts at Roadrunner, which company executives claim is gaining shipments. LTL carrier Roadrunner finds faster network attracts more freight Journal of Commerce

Shippers, regulators muddle through ‘grey area’ of rail storage fees Shippers want Congress to address their inability to challenge rail demurrage fees when they contract for merchant haulage, but finding a solution will be tricky, writes Journal of Commerce Executive Editor Mark Szakonyi. Shippers, regulators muddle through ‘grey area’ of rail storage fees Journal of […]

Hapag-Lloyd, ONE roll out emissions-cutting projects New green services from ocean carriers are being offered to the market as transport providers focus efforts on meeting industry decarbonization targets. Hapag-Lloyd, ONE roll out emissions-cutting projects Journal of Commerce

Accelerate cuts in transport emissions or miss climate targets: ITF report When the rise in demand for global transport is factored in, current measures to reduce CO2 emissions will be insufficient to meet Paris Agreement climate change goals, according to the biannual outlook. Accelerate cuts in transport emissions or miss climate targets: ITF report Journal […]

Geodis acquires South Florida-based drayage carrier Geodis has acquired Southern Companies, a South Florida-based container drayage provider, the latest in a series of trucking and warehousing acquisitions in the US over the last two months. Geodis acquires South Florida-based drayage carrier Journal of Commerce

 Port of Philadelphia cargo incentive receives state funds through mid-2024 Relative to other US East Coast ports that saw high import volumes in 2022 due to diversions from West Coast ports, PhilaPort saw more modest inbound growth.  Port of Philadelphia cargo incentive receives state funds through mid-2024 Journal of Commerce