Category Archives for Industry News

Loading worries drive early peak season frenzy on eastbound trans-Pacific Some shippers still raw from two years of pandemic disruption are willing to pay thousands of dollars more to ensure they secure slots and equipment on container ships, writes Journal of Commerce Executive Editor Mark Szakonyi. Loading worries drive early peak season frenzy on eastbound […]

CEVA integrating Bolloré, restructuring company to unlock product verticals The CMA CGM subsidiary is centralizing its organizational structure following a string of high-profile and expensive acquisitions, making use of its critical size in key product sectors. CEVA integrating Bolloré, restructuring company to unlock product verticals Journal of Commerce

Post-COVID market shocks challenge long-held container shipping truisms It was only when assets stopped circulating that ocean carrier profits took off, thanks to containers stranded on idle ships that lined up outside of congested ports during the worst of the pandemic disruption. Post-COVID market shocks challenge long-held container shipping truisms Journal of Commerce

Stehle to leave UHL and rejoin forwarder deugro as CCO After navigating the 2019 implosion of Zeamarine and the tumultuous pandemic spillover market with MPV carrier UHL, Stehle will rejoin the project forwarding side of the breakbulk shipping segment as chief commercial officer of the Swiss forwarder deugro. Stehle to leave UHL and rejoin forwarder […]

Domestic intermodal volume up in Q2, but not likely to show in provider revenues Market conditions appear more favorable toward carriers today compared with 12 months ago, but the pendulum is close to a balanced domestic intermodal market heading into the back half of 2024. Domestic intermodal volume up in Q2, but not likely to […]

Public needs more sober view of supply chain than ‘mass hysteria’ portrayal Supply chain management is about competitive advantage, and the industry deserves to be better understood than the “freight ignorance” portrayal that is too common today, writes Ted Prince. Public needs more sober view of supply chain than ‘mass hysteria’ portrayal Journal of Commerce

Crackdown on e-commerce may dampen booming global air freight: IATA Regulators in the US and Europe are placing online shopping marketplaces under increasing scrutiny as huge volumes of e-commerce packages, imported mainly from China, fill aircraft on trade lanes out of Asia. Crackdown on e-commerce may dampen booming global air freight: IATA Journal of Commerce

US ports hit back at White House move to levy new tariff on Chinese cranes The Biden administration’s attempts to build a homegrown crane industry due to cybersecurity concerns drew little interest from the National Association of Waterfront Employers, which sees little threat from Chinese-made cranes. US ports hit back at White House move to […]

Maersk, citing ‘integration challenges,’ says won’t pursue DB Schenker acquisition The forwarder’s enormous staff count and a lack of investment in logistics infrastructure contributed to the carrier dropping out, a source told the Journal of Commerce. Maersk, citing ‘integration challenges,’ says won’t pursue DB Schenker acquisition Journal of Commerce

Ocean shipping faces sobering reality of long-term diversions around southern Africa As the crisis in the Red Sea hits seven months with no end in sight, the container shipping market has reached a point where stakeholders need to seriously consider their plan B in case the current reality persists for several more years, writes Lars […]