Heavy-deck demand faltering, but long-term outlook remains strong Despite a temporary lull, heavy-deck carriers and industry analysts see a “mind-boggling” outlook for global offshore wind demand. Heavy-deck demand faltering, but long-term outlook remains strong Journal of Commerce
Read More →Not all recent import share loss on West Coast is permanent: analyst
on March 20, 2023in Industry News
Not all recent import share loss on West Coast is permanent: analyst As the US West Coast’s share of import TEU has fallen in recent years, analyst Larry Gross notes there is an important difference between declines due to sourcing location changes and declines due to loss of share by region. Not all recent import […]
Read More →New IMO rule at odds with practical realities: breakbulk executives
on March 17, 2023in Industry News
New IMO rule at odds with practical realities: breakbulk executives Breakbulk industry executives warn new rules aimed at reducing vessel emissions could incentivize vessel operators to implement measures that increase emissions in other areas of the supply chain. New IMO rule at odds with practical realities: breakbulk executives Journal of Commerce
Read More →IEPs file brief siding with ocean carriers in FMC chassis dispute
on March 17, 2023in Industry News
IEPs file brief siding with ocean carriers in FMC chassis dispute The independent equipment providers say upending the current business model would create additional chassis shortages and invoicing problems that would inconvenient cargo owners. IEPs file brief siding with ocean carriers in FMC chassis dispute Journal of Commerce
Read More →US imports from Asia hit three-year low in February: data
on March 17, 2023in Industry News
US imports from Asia hit three-year low in February: data US imports from Asia fell to their lowest level in three years in February, but volumes are expected to pick up in late summer with the onset of peak shipping season. US imports from Asia hit three-year low in February: data Journal of Commerce
Read More →WiseTech Global weighing US domestic tech acquisition options: CEO
on March 17, 2023in Industry News
WiseTech Global weighing US domestic tech acquisition options: CEO Widely used forwarding software provider WiseTech Global will pursue further US landside logistics technology targets in 2023, its CEO says. WiseTech Global weighing US domestic tech acquisition options: CEO Journal of Commerce
Read More →Berth upgrade work sparks vessel bunching, truck buildups at India’s JNPT
on March 17, 2023in Industry News
Berth upgrade work sparks vessel bunching, truck buildups at India’s JNPT Delays began to build after an equipment upgrade project to enhance productivity and capacity at APM Terminals Mumbai put one of its berths out of commission for six months. Berth upgrade work sparks vessel bunching, truck buildups at India’s JNPT Journal of Commerce
Read More →US draft legislation seeks to update OSRA-22, boost China scrutiny
on March 16, 2023in Industry News
US draft legislation seeks to update OSRA-22, boost China scrutiny The bill would heighten transparency into regulatory penalties levied against ocean carriers and marine terminal operators and draw a sharp line on the involvement of China-based entities in US shipping. US draft legislation seeks to update OSRA-22, boost China scrutiny Journal of Commerce
Read More →CP-KCS to benefit from rising tide of cross-border freight from Mexico
on March 16, 2023in Industry News
CP-KCS to benefit from rising tide of cross-border freight from Mexico The combined railroad has an opportunity to divert more than 64,000 truck shipments to intermodal rail, according to S&P Global, but that’s only the crest of a wave of US imports from Mexico. CP-KCS to benefit from rising tide of cross-border freight from Mexico […]
Read More →CP-KCS could benefit from rising tide of cross-border freight from Mexico
on March 16, 2023in Industry News
CP-KCS could benefit from rising tide of cross-border freight from Mexico The combined railroad has an opportunity to divert more than 64,000 truck shipments to intermodal rail, according to S&P Global, but that’s only the crest of a wave of US imports from Mexico. CP-KCS could benefit from rising tide of cross-border freight from Mexico […]
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