Category Archives for Industry News

Intermodal share data points to opportunities: analyst It stands to reason that the more miles one spends on low-cost rail, the better the comparative economics versus truck should be, but that’s not what happens in the real world, writes analyst Larry Gross. Intermodal share data points to opportunities: analyst Journal of Commerce

Intermodal share data point to opportunities: analyst It stands to reason that the more miles one spends on low-cost rail, the better the comparative economics versus truck should be, but that’s not what happens in the real world, writes analyst Larry Gross. Intermodal share data point to opportunities: analyst Journal of Commerce

OCEMA appeals chassis ruling to FMC commissioners The Ocean Carrier Equipment Management Association says the FMC’s chief administrative judge erred in issuing a summary judgement against the group because key facts are still in dispute. OCEMA appeals chassis ruling to FMC commissioners Journal of Commerce

Drayage tech provider PortPro targeting shippers with new tracking tools Drayage software vendor PortPro is attempting to narrow the gap between the tools that port truckers and their shipper customers use with a new container milestone tracking product it has launched. Drayage tech provider PortPro targeting shippers with new tracking tools Journal of Commerce

Multipurpose vessel rates may be at post-COVID bottom: Toepfer The MPV sector’s market correction appears to have bottomed at rates still healthy for owners and carriers, even as the sector feels pressure from minor bulk carriers hunting for cargo. Multipurpose vessel rates may be at post-COVID bottom: Toepfer Journal of Commerce

Shippers unite in push for carriers to scale up use of zero-carbon fuel Shippers are keeping pressure on carriers to decarbonize their operations with the launch of another US-led initiative to speed up container shipping’s transition to fossil-free fuels. Shippers unite in push for carriers to scale up use of zero-carbon fuel Journal of Commerce

Carriers not reliable enough to warrant cut in inventory levels: BASF Shippers in Europe are stuck with excess inventory at a time of slowing demand, in part because their lack of confidence in the on-time performance of carriers has led to hesitancy to pare down stocks. Carriers not reliable enough to warrant cut in inventory […]

New NS Norfolk-Memphis service aims to grab East Coast cargo shift Norfolk Southern and the Port of Virginia are not only targeting importers using trans-Atlantic services from Europe and Asia, but also exporters moving goods through Memphis, like the cotton industry. New NS Norfolk-Memphis service aims to grab East Coast cargo shift Journal of Commerce

Carriers face choppy first half ahead of more positive H2: Yang Ming Yang Ming echoed the warnings of its competitors, saying consumer spending power has fallen since the fourth quarter of last year due to inflation while high inventory levels have also affected demand. Carriers face choppy first half ahead of more positive H2: Yang […]

Shippers committed to digital investments in logistics: S&P Global Shippers are showing “healthy adoption” of a wide variety of digital transformation projects, according to new research from S&P Global Market Intelligence. Shippers committed to digital investments in logistics: S&P Global Journal of Commerce