Category Archives for Industry News

SC Ports turns to TRAC, Flexi-Van to help launch chassis pool The South Carolina Ports Authority will be able to launch its proprietary chassis pool as scheduled in March thanks to a last-minute agreement to secure 5,000 chassis from two major equipment providers. SC Ports turns to TRAC, Flexi-Van to help launch chassis pool Journal […]

TPM23: MSC putting ocean shipping first after ending 2M Alliance: Toft MSC’s chief executive told TPM23 that the company’s hefty orderbook signals to customers that the carrier remains chiefly committed to ocean shipping, rather than selling an integrated supply chain service. TPM23: MSC putting ocean shipping first after ending 2M Alliance: Toft Journal of Commerce

TPM23: Trans-Pacific shippers warned of wave of spring blank sailings If container lines don’t significantly blank capacity in March and April, spot rates on the eastbound trans-Pacific will fall further, according to the CEO of Sea-Intelligence Maritime Analysis. TPM23: Trans-Pacific shippers warned of wave of spring blank sailings Journal of Commerce

TPM23: US can’t quit China, but trade needs to de-risk: Petraeus US shippers are entering an era of greater risk in China trade, retired Gen. David Petraeus warned, but the two largest global economies will remain linked despite moves to source goods elsewhere. TPM23: US can’t quit China, but trade needs to de-risk: Petraeus Journal […]

TPM23: Resilient US economy may avoid recession in 2023: economist The forecast for the US and global economies is brighter than a year ago, with reduced risk of recession, thanks in part to the “decongestion” of supply chains, economist Nariman Behravesh said at TPM23.  TPM23: Resilient US economy may avoid recession in 2023: economist Journal […]

Hapag-Lloyd inks LNG deal to power incoming mega-ship fleet Hapag-Lloyd is the latest carrier to sign a supply deal with a major energy company aimed at locking in the volumes of alternative fuel required to drive new dual-fuel ships. Hapag-Lloyd inks LNG deal to power incoming mega-ship fleet Journal of Commerce

UP ending chassis policy that rendered containers inaccessible The policy — known informally as the “no cherry picking” rule — prohibited trucking companies from coming into terminals with private chassis when there were no pool chassis available. UP ending chassis policy that rendered containers inaccessible Journal of Commerce

TPMTech23: ‘Purchase order management’ the new catchphrase in logistics Retailers are discovering the importance of closely managing purchase orders as increasingly complex trans-Pacific supply chains spawned by the pandemic highlight the need for a heightened hands-on approach. TPMTech23: ‘Purchase order management’ the new catchphrase in logistics Journal of Commerce

UP CEO Fritz stepping down amid pressure from activist investor Fritz did not elaborate on what role the activist investor played in his decision to step aside, but the announcement came shortly after Soroban Capital wrote that “current (UP) management is not capable of driving a strong operating performance.” UP CEO Fritz stepping down amid […]

TPMTech23: Retailers seek to make supply chain visibility data more useful Shippers are gaining better supply chain visibility, but now they must step up their game and better manage and integrate the data they are receiving from transportation providers, technology companies told TPMTech23. TPMTech23: Retailers seek to make supply chain visibility data more useful Journal […]