Rate hikes resurface on India-US trades as carriers try capacity readjustments Encouraging carriers in their somewhat tentative bid to raise rates from recent lows are India’s trade indicators, including the country’s role as a sourcing alternative to China. Rate hikes resurface on India-US trades as carriers try capacity readjustments Journal of Commerce
Read More →Rate hikes resurface on India-US trades as carriers try capacity readjustments
on February 24, 2023in Industry News
More investment headed to US last-mile delivery market
on February 24, 2023in Industry News
More investment headed to US last-mile delivery market Transportation providers of all sizes, from Maersk to Pitt Ohio, are searching for last-mile delivery options as customer and consumer demand evolves. More investment headed to US last-mile delivery market Journal of Commerce
Read More →Idle domestic containers being stacked as intermodal volumes tumble
on February 24, 2023in Industry News
Idle domestic containers being stacked as intermodal volumes tumble Volume declines are forcing intermodal providers to stack containers, unable to find cargo to fill the boxes because shippers have too much inventory, while trucking prices are so low that the freight is moving on highways. Idle domestic containers being stacked as intermodal volumes tumble Journal […]
Read More →ILWU, PMA say hope to reach West Coast contract deal ‘soon’
on February 23, 2023in Industry News
ILWU, PMA say hope to reach West Coast contract deal ‘soon’ The rare joint statement comes amid growing frustration among US importers and West Coast ports that more than nine months of talks have yet to produce a new labor deal, causing a shift of cargo to ports along the East and Gulf ports. ILWU, […]
Read More →ILWU, PMA hope to reach West Coast contract deal ‘soon’
on February 23, 2023in Industry News
ILWU, PMA hope to reach West Coast contract deal ‘soon’ The rare joint statement comes amid growing frustration among US importers and West Coast ports that more than nine months of talks have yet to produce a new labor deal, causing a shift of cargo to ports along the East and Gulf ports. ILWU, PMA […]
Read More →US truck tonnage levels better than expected in January
on February 23, 2023in Industry News
US truck tonnage levels better than expected in January An actual decrease in truck tonnage last month was masked by a seasonal adjustment to an American Trucking Associations index, but US freight volumes aren’t yet on the road to recovery. US truck tonnage levels better than expected in January Journal of Commerce
Read More →Loss of Russian trade pulls down Rotterdam container volume
on February 23, 2023in Industry News
Loss of Russian trade pulls down Rotterdam container volume Europe’s three biggest container shipping ports reported falling volumes in 2022, with throughput dragged lower by geopolitics, COVID-19, and economic headwinds. Loss of Russian trade pulls down Rotterdam container volume Journal of Commerce
Read More →GSBN, Navis partner to help exporters track ERD changes
on February 23, 2023in Industry News
GSBN, Navis partner to help exporters track ERD changes The Global Shipping Business Network is giving exporters an app that would track changes to earliest return dates across container terminals that use Navis terminal operating systems. GSBN, Navis partner to help exporters track ERD changes Journal of Commerce
Read More →SC Ports ends Saturday hours at Leatherman amid slowing calls
on February 23, 2023in Industry News
SC Ports ends Saturday hours at Leatherman amid slowing calls The move by the South Carolina Ports Authority to cut hours at the Leatherman terminal comes a month after Hapag-Lloyd announced it would no longer call the facility amid an ongoing labor battle. SC Ports ends Saturday hours at Leatherman amid slowing calls Journal of […]
Read More →BlueCargo will use new investment to expand container platform nationwide
on February 23, 2023in Industry News
BlueCargo will use new investment to expand container platform nationwide Rising demand from importers reckoning with the costs of detention and demurrage have fueled an $11 million investment into container management provider BlueCargo. BlueCargo will use new investment to expand container platform nationwide Journal of Commerce
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